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2024

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Best Life Insurance Companies in Lowell

Our Recommended Top 21

We did the research for you!

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Our goal is to connect people with the best local professionals. We scored Lowell Life Insurance Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

4923Reviewed

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21Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

67 Forest St, Suite 271, Lowell, MA 01752
WebsiteLicense: 18986218

Expertise.com Rating

Review Sources

Google
5.0 (5)

Why choose this provider?

Financial planning can be challenging; Cedar Hill Financial Group simplifies things. Their first priority is always acting in their client's best interest. That means providing personalized, comprehensive financial advice, along with data driven portfolios. Whether it is planning for retirement, saving for college, or getting a comprehensive financial plan in place, they can help. With over a decade of industry experience, they are committed to helping clients pursue their financial goals. Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC.

  • Estate Planning
  • Tax Planning
  • Retirement Planning
  • Certified Financial Planner (CFP)
  • Investment Management

Lowell, MA

Expertise.com Rating

Why choose this provider?

Need help contacting a Life Insurance Company in Lowell? Call our Concierge team at 848-Book-Pro (848-266-5776 from 6 am - 4 pm PT | Mon - Fri). They are standing by to help you get the service you need.

200 Jefferson Road, Wilmington, MA 01887

Why choose this provider?

Marotta is a family-owned independent insurance agency in Lowell. It works with various carriers to provide life insurance policies as well as other personal insurance types, such as home, auto, motorcycle, and motor home insurance. Business owners can also get coverage for excess liability, automobiles, and properties. Al and Cliff Marotta, its founders, have more than 40 years of experience in the field. Marotta's partners include Safety Insurance, Plymouth Rock Assurance Corporation, and the Massachusetts Property Insurance Underwriting Association.

  • Life Insurance

1015 Main Street, Clinton, MA 01510

Expertise.com Rating

Why choose this provider?

A comprehensive financial services firm, Williams Financial Group assists clients in Lowell with every aspect of their financial lives. It provides insurance coverages such as life insurance, disability income insurance, and long-term care insurance. The company also offers an array of financial planning options like college plans, retirement income plans, estate plans, money purchasing plans, and profit-sharing plans. Other services include investments like brokerage accounts, simple IRA, educational IRA, traditional IRA, variable annuities, and mutual funds.

  • Life Insurance

15 Cabot Road, Woburn, MA 01801

Expertise.com Rating

Review Sources

Google
4.0 (18)
Facebook
4.5 (11)
Yelp
3.0 (2)

Why choose this provider?

Cabot Risk Strategies LLC continues to expand its client base to Lowell and surrounding regions. The life insurance policies available in the firm include term, whole, universal, and variable. Since its establishment in 2006, the company has partnered with over one hundred insurance carriers in its portfolio. Its team is dedicated to customizing an insurance product fitting the client's requirements and budget. Its president, Joe Callahan, has over 30 years of industry experience and a strong commitment to service and excellence.

  • Life Insurance

191 Pawtucket Boulevard, Lowell, MA 01854

Expertise.com Rating

Review Sources

Yelp
4.0 (2)
Google
5.0 (1)

Why choose this provider?

Byam Insurance is a Lowell company that offers life insurance plans in and near the area. The agency works with multiple insurance carriers to provide suitable coverage choices, including disability income, fixed annuities, and permanent life insurance plans. Its professionals inform clients of the features of universal, whole, and term life insurance and carry term life policies with a return of premium option. They also offer specialty insurance. Byam Insurance is a family business that has been in service since 1906.

  • Life Insurance
  • Whole Life Insurance
  • Term Life Insurance

77 High Street, Clinton, MA 01510

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Kerrigan, O'Malley & Bailey Insurance Agency is a family-owned company helping clients in Lowell with their life insurance needs. For over 80 years, the company has helped individuals and families identify and obtain the best insurance coverage to secure their future. Its agents cover a range of life insurance lines, including term life insurance, permanent or whole life insurance, universal life insurance, and joint life insurance. They also offer other insurance products such as home, auto, and business insurance policies.

  • Life Insurance

Treble Cove Road, Billerica, MA 01862

Expertise.com Rating

Review Sources

Google
4.0 (10)
Yelp
3.0 (2)

Why choose this provider?

John McBride Insurance is a family-owned and family-operated company serving the Lowell metro area. With its life insurance policies, the team secures the financial future of its clients' beneficiaries. The firm represents multiple carriers that can provide different life insurance coverages for a variety of purposes, including income replacement, final expense payment, and inheritance creation. The company also offers home, auto, flood, personal umbrella, and business insurance. The agency has been insuring individuals, families, and entrepreneurs since 1962.

  • Life Insurance

1175 Main Street, Clinton, MA 01510

Expertise.com Rating

Review Sources

Google
5.0 (6)

Why choose this provider?

David V. Carruth Insurance is an independent insurance brokerage near Lowell that has been offering insurance and financial solutions to clients since 1900. The company was founded by David Carruth, an immigrant from Scotland who wanted to establish an insurance company in the Clinton metro. It offers life insurance products such as term and permanent life insurance policies that provide financial protection to policyholders and their families. The plans can also be used to pay off debts, mortgages, and educational payments.

  • Life Insurance

206 Ayer Road, Harvard, MA 01451

Expertise.com Rating

Review Sources

Google
5.0 (3)
Facebook
5.0 (3)

Why choose this provider?

Nikopoulos Insurance Agency has been serving clients in Harvard since 1990 by offering insurance options based on their specific situations. Its personal insurance options include, but are not limited to, life insurance, homeowners' insurance, and renters' insurance. Their life insurance plans are geared towards protection from unexpected events and can help cover expenses ranging from mortgages to tuition fees. They also offer various types of business insurance policies that cover commercial properties, commercial general liability, and workers' compensation.

  • Life Insurance

505 Middlesex Turnpike, Billerica, MA 01821

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

PKA Insurance Group, Inc., has been serving the Lowell area for 10 years. It works with several insurance companies to secure comprehensive insurance plans for its clients, such as life, disability, employee benefits, and long-term care insurance. Some of its insurance carriers include Lincoln Financial Group, Lafayette Life Insurance Company, Prudential Financial, and Transamerica. The team of professionals at this firm explains to clients their available options, provides them with a recommendation, and helps them find the policy that suits their specific situation.

  • Life Insurance

648 Central Street, Lowell, MA 01876
WebsiteLicense: 1871566

Expertise.com Rating

Review Sources

Google
4.0 (23)

Why choose this provider?

Alpha Insurance Agency Inc. is an insurance and financial services company that caters to the needs of the Lowell community and the surrounding localities. The firm assists individuals and families in preserving their financial future through a life insurance policy. Its independent insurance agents work with New York Life Insurance that can provide term life, whole life, universal life, and variable universal life plans. The company also offers auto, home, health, and business insurance. The female-founded company started operating in 1996.

  • Life Insurance

224 Littleton Road, Westford, MA 01886

Expertise.com Rating

Review Sources

Google
5.0 (70)
Facebook
5.0 (14)

Why choose this provider?

Westford Insurance Agency has been providing insurance products and services to clients in the Lowell area since 1979. Its individual and family life insurance policies include term-life and whole-life insurance. The agency can assist with home, renters', and condo insurance. It also offers coverage for automobiles and other recreational vehicles. Westford Insurance Agency additionally provides a range of policies to cover commercial properties, general liabilities, business auto, and workers' compensation, as well as commercial umbrella insurance.

  • Life Insurance
  • Whole Life Insurance
  • Term Life Insurance

81 Plain Street, Lowell, MA 01851

Expertise.com Rating

Review Sources

Google
4.0 (39)
Facebook
5.0 (2)
Yelp
5.0 (1)

Why choose this provider?

Paul A. Balakin Insurance Agency is a family-owned and family-operated business that provides various forms of insurance in Lowell and the surrounding areas. The firm aids those who are looking for a life insurance policy that would effectively secure their beneficiaries' financial future. As an independent insurance broker, the firm looks for life insurance from a variety of companies that can satisfy the client's needs. Balakin has been protecting individuals, families, and businesses since 1985.

  • Life Insurance

261 Middlesex Road, Tyngsboro, MA 01879

Expertise.com Rating

Review Sources

Google
4.0 (12)
Facebook
5.0 (4)
Yelp
4.0 (4)

Why choose this provider?

Bither Insurance is a family-owned and family-operated company serving thousands of families and businesses in the Lowell metro. It is a third-generation insurance agency that works with various carriers in creating personalized life insurance plans suited to the clients' specific needs. Additionally, the company's insurance agents offer other personal coverages, including health, homeowners, disability income, umbrella, and flood insurance. They handle professional liability, inland marine, and workers' compensation insurance. Bither Insurance has been in the business for more than 60 years.

  • Life Insurance
  • Health Insurance

289 Chelmsford Street, Chelmsford, MA 01824

Expertise.com Rating

Review Sources

Google
4.0 (14)

Why choose this provider?

Jay Colangelo Insurance is an independent agency that serves families, individuals, and businesses in Lowell. Included in its line of products are whole life and term life insurance. Its team reviews policies from providers such as Travelers, Progressive, and Plymouth Rock to find plans that match clients' unique needs and situations. Home, car, and business protection plans are the other products the agents offer. Jay Colangelo Insurance has been protecting clients since 1996.

  • Life Insurance

799 Gorham Street, Lowell, MA 01852

Expertise.com Rating

Review Sources

Google
4.0 (25)
Facebook
5.0 (21)

Why choose this provider?

I-Insurance Group is a life insurance firm serving clients from Lowell. The company offers several types of life insurance, such as universal, whole, and term. There are also other insurance products offered by the firm, like plans for vehicles, homeowners, and business owners. This independent insurance company believes in the importance of educating its clients. It guides clients from start to finish, helping them understand their specific needs. The company aims to provide constant communication with its clients.

  • Life Insurance

14 Dinley Street, Dracut, MA 01826

Expertise.com Rating

Review Sources

Google
5.0 (4)
Facebook
5.0 (2)

Why choose this provider?

Coughlin Insurance provides coverage plans tailored to the needs of individuals and commercial entities of Lowell, the rest of Massachusetts, and its neighboring areas. The agency aids its clients in choosing a suitable life policy for them and their family members by differentiating the policies offered by insurance providers. It is a member of the Independent Insurance Agents & Brokers of America (IIABA) “Best Practices” Study Group. Coughlin Insurance also offers insurance for home, auto, flood, business, and workers' compensation.

  • Life Insurance

233 Chelmsford Street, Chelmsford, MA 01824

Expertise.com Rating

Review Sources

Google
5.0 (3)

Why choose this provider?

Baystate Financial is a financial management institution that provides insurance solutions to individuals and families in Lowell. Founded in 1901, it provides a broad range of services, including life and disability insurance, as well as business and estate planning. One of its financial services representatives, Kevin J. Lynch, has over two decades of industry experience. He helps clients find life insurance policies that take care of their family's needs after death. The most common policies he assists with are term and permanent life insurance.

  • Life Insurance

41 Wellman Street, Lowell, MA 01851

Expertise.com Rating

Review Sources

Google
4.0 (9)
Yelp
5.0 (1)

Why choose this provider?

Located in Lowell, Fred C. Church Insurance is an insurance agency that has been in business for 150 years. It offers term and permanent life insurance policies, which cover credit card debts, funeral expenses, medical bills, and mortgages. In addition, it provides condo, home, recreational vehicle, travel, and umbrella insurance plans. Chris Duble, the CEO, started his career in the insurance industry, working with the Chubb Group of Insurance Companies. He holds the Certified School Risk Manager designation.

  • Life Insurance

461 Main Street, Tewksbury, MA 01876

Expertise.com Rating

Review Sources

Google
5.0 (12)
Facebook
5.0 (5)

Why choose this provider?

Dick Insurance Agency, Inc., is an insurance agency that serves the insurance needs of residents and local businesses in Lowell and the surrounding communities. It is an independent agency that carries life insurance plans such as term life and whole life insurance. Moreover, it provides business, home, and auto insurance. Brian Dick and his brother, Barry Dick, are co-owners of Dick Insurance Agency and Merrimack Financial. They have more than 30 years of combined experience in the insurance and financial planning industries.

  • Life Insurance

FAQs

  • At which stage in your life is the right time to obtain life insurance in Lowell?

    The timing to obtain life insurance in Lowell depends on your life stage and financial situation. If you have a spouse or dependents relying on your income, it's crucial to ensure you have adequate insurance before nearing retirement. Newlyweds should also consider life insurance to provide financial support in case of a spouse's passing. Starting a family is pivotal to securing life insurance and safeguarding your dependents' financial future. Additionally, life insurance can help cover mortgage obligations when buying a home.

  • What are the things to consider when buying life insurance in Lowell?

    You need to be careful when buying life insurance in Lowell. You must consider your needs and prepare for the application and underwriting process. You can do this by familiarizing yourself with common application questions and researching the examining policy options and the reputation of insurance companies. In addition, avoid rushing a decision without comparing quotes, premium costs, and policy features from other companies.

  • In Lowell, why is it important to review your life insurance policy regularly?

    Life insurance needs can evolve, either decreasing or increasing, due to significant life events like marriage, parenthood, or changes in financial responsibilities. Hence, conducting an annual review of your life insurance policy is essential in Lowell. It's recommended to ensure that your coverage aligns with your changing life circumstances, as failing to review your policy regularly can lead to issues like inadequate coverage or paying for unnecessary premiums.

  • What types of life insurance are available in Lowell?

    There are three types of life insurance usually available in Lowell. Term life insurance offers affordable coverage for temporary needs with guaranteed death benefits and level premiums for the chosen term. Whole life insurance provides lifelong protection with level premiums, cash value growth, and loan accessibility. For retirement planning, fixed annuities like single premium deferred annuities and fixed indexed annuities allow a lump-sum premium payment in exchange for a dependable income stream during retirement.

  • What myths are frequently associated with life insurance in Lowell?

    There are a lot of myths about life insurance in Lowell that should be dispelled. These misconceptions include the belief that life insurance is only for older individuals when, in reality, it's beneficial for people of all ages. Secondly, there is the notion that all types of life insurance are costly. Furthermore, unmarried individuals may assume they do not require life insurance or that only breadwinners need coverage that overlooks the financial contributions of all household members. Furthermore, some people believe in the myth that group life insurance from an employer is enough and that a personal policy is not necessary.

  • Which is better, term or whole life insurance?

    Life insurance is a personal financial tool, so the right type of insurance for you depends on your goals and current situation. One of the main differences between term life insurance and whole life insurance is that term life insurance only covers you for a set period of time. Once you meet the premium payment requirements on a whole life plan, it covers you for the rest of your life. Whole life insurance also builds cash value, making it a potential investment. But whole life insurance is typically much more expensive than term life insurance.

  • How much life insurance do I need?

    A common recommendation is purchasing life insurance that is equal to five times your current salary, or more. But you can also estimate how much life insurance you need by adding up your debts, annual expenses for dependents multiplied by the years you want to ensure support, and any other items you wish to cover, such as a future wedding or college tuition.

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