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Best Life Insurance Companies in Maryland

2024

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Providers

Last updated:

Website
Maryland
  • Life Insurance
  • Whole Life Insurance

Why choose this provider?

Family For Life Insurance is a black-owned business catering to Maryland individuals and their families. Its staff, headed by principal Aaron Broom, keeps clients well-informed about insurance plans such as indexed universal or child life. Additionally, Broom and his team design insurance policies for needs like disability or mortgage protection, critical illness coverage, and burial financial assistance. Broom has been serving the community since 2014 and is a member of the National African American Insurance Association.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (17)

Website
Maryland
  • Life Insurance

Why choose this provider?

Mid Atlantic Insurance Financial is an independent insurance agency providing services to the residents of Maryland. The company offers life insurance, including fixed annuities, final expense, individual life, individual long-term care, and mortgage protection. Additionally, the agency provides business insurance plans that cover general, liquor, and professional liability. Other services include pet, auto, homeowners, personal umbrella, flood, and earthquake insurance. The family-owned and family-operated company has been operating since 2005.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Facebook
4.7 / 5 (13)
Google
4.6 / 5 (11)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
Maryland
  • Life Insurance

Why choose this provider?

Hankoff Insurance Group Incorporated is an independent agency catering to Maryland clients. Its life insurance options extend to specified term periods, as well as universal and whole life coverages. Through its partnership with over 40 service providers, it can craft various protection plans for individuals, groups, and businesses, including health, vehicle, event, and residential and commercial property insurance. Since 1948, the company's team of agents and advisors has been delivering comprehensive service by educating customers, understanding their needs, and developing flexible solutions.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Facebook
5.0 / 5 (18)
Google
4.5 / 5 (15)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
Maryland
  • Life Insurance

Why choose this provider?

Emerald Financial Group caters to clients' financial goals in Maryland. As an independent agency, it partners with various carriers, such as Erie, Aetna, and Frederick Mutual in providing multiple insurance products that can be tailored to customers' needs. Its portfolio of life and health insurance plans includes final expenses, fixed annuities, mortgage protection, and individual disability. The company also offers personal, commercial, and employee-related coverages. Founder Roger Mulligan is a Certified Financial Planner and a member of the Independent Agents & Brokers Association.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Facebook
5.0 / 5 (10)
Google
3.7 / 5 (3)
Yelp
3.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
Maryland
  • Individual Plans
  • Life Insurance

Why choose this provider?

Freedom Insurance Agency, Inc. has been serving residents in and around Maryland for over four decades. It offers life insurance plans to protect beneficiaries' futures in cases of policyholders' unexpected death. The independent company writes customized term, whole, and universal life coverages. It also provides long-term care, flood, pet, auto, and motorcycle insurance. It works with various carriers, such as AllState, Encompass, Foremost, Safeco, and Progressive. The team brings over 60 years of combined industry experience.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (36)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
Maryland
  • Health Insurance
  • Life Insurance

Why choose this provider?

B&M Insurance Group is a Maryland-based independent agency serving local families and individuals. It gives clients assurance and peace of mind by offering comprehensive life insurance products tailored to their specific needs. They include financial expenses, fixed annuities, individual life, and mortgage protection. The agency also provides other products, such as auto, home, health, and business insurance policies. Some of B&M Insurance Group's partner carriers are Liberty Mutual Insurance, National General Insurance, and State Auto Insurance Companies.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (7)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
Maryland
  • Life Insurance

Why choose this provider?

Claudia Rivas Insurance Agency, LLC, is an independent group that offers life insurance policies to residents of Maryland. It provides a line of life insurance products designed to meet the needs of its clients and their families. It offers fixed annuities, final expense, individual life, and mortgage protection insurance policies. The company also has auto, home, and personal insurance policies, business insurance, and group benefits. It represents a select group of financially strong and reputable insurance carriers and will strive to get clients fair and prompt payment.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (30)
Google
4.9 / 5 (19)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
Maryland
  • Life Insurance

Why choose this provider?

My Mid Atlantic Insurance Financial is an independent agency helping people in Maryland mitigate risks. It offers life insurance policies from several insurance companies, including Arrowhead, Safeco, and Assurant. It also provides insurance products for automobiles, homes, and businesses. The family-owned and family-operated agency has been in business since 2005, and it won the Bronze Life Recognition Award in 2017 from Erie Insurance for being one of the top life insurance producers in the state.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.6
Google
4.6 / 5 (11)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
Maryland
  • Life Insurance

Why choose this provider?

Since 1989, Ramsey's Insurance, Inc., has been accommodating business owners and individuals residing in and around Maryland. The agency provides life insurance policies that include fixed annuities, mortgage protection, individual life, and final expense insurance. To personalize packages, its team of independent agents shops and compares insurance products from multiple carriers, such as Farmers of Salem, National General, Assurant Specialty Property, and CNA Surety. The company also offers business insurance that covers workers' compensation, commercial auto, and general liability.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.1 / 5 (34)
Facebook
4.5 / 5 (6)
Yelp
5.0 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
Maryland
  • Life Insurance

Why choose this provider?

Wrobel Agencies caters to clients' insurance needs in the state of Maryland. Its team aims to help working families obtain financial security from unfavorable situations by providing life insurance services. Its coverage includes mortgages, income, accidents, cancer, and critical illness. The company also offers hospital indemnity insurance plans that provide financial protection to clients against unexpected hospital expenses. Wrobel Agencies is an independently owned and operated company with more than 30,000 groups and unions as clients.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (19)

Website
Maryland
  • Life Insurance

Why choose this provider?

Total Access Insurance is an independent agency that offers risk management solutions in Maryland. It caters to families and individuals who need assistance processing life insurance applications. The company furnishes personalized life protection plans, including universal, whole, and term life coverages. It also provides fixed annuity, final expense, and mortgage protection policies and works with various carriers, such as Dairyland, Progressive, and Nationwide. Total Access Insurance is a member of the National Association of Insurance and Financial Advisors.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (22)
Facebook
5.0 / 5 (6)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
Maryland
  • Individual Plans

Why choose this provider?

With locations in Annapolis and Frederick, Lindquist Insurance caters to clients throughout Maryland. It delivers quotes from a range of carriers—from Progressive to The Hartford—for individuals looking to obtain life insurance policies. It provides different plan options, including universal, whole, and term. The agency also sets up insurance products for various businesses, like auto shops, restaurants, and construction firms, and maintains a dedicated client portal on its website where policyholders can report claims or request term changes.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (109)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Frequently Asked Questions

  • 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.

  • How does life insurance work?

    The details of how life insurance works depend on your individual plan, but the basics are as follows: 

    • You pay a premium to purchase the insurance. Typically the premium is paid monthly, but it could be rolled into quarterly, bi-annual, or annual payments. 
    • As long as you are meeting or have met premium obligations, if you pass away, the insurance company makes the agreed-upon payment to the beneficiaries you designated. 
    • Beneficiaries usually have to provide the insurance company with a death certificate to receive their payments.
  • How much is life insurance?

    The cost of life insurance ranges widely. Term life insurance can cost as little as a few dollars a day, and whole life insurance can cost thousands per month on the high end. Factors that impact the cost of your life insurance include whether you're choosing term life insurance or whole life insurance, your age, how much coverage you want, your overall health, and your gender.

  • Is life insurance taxable?

    Life insurance proceeds are the funds paid via your plan to your beneficiaries if you pass away. These are also called death benefits. Typically, these are not considered income for taxes. If you take out cash value from a whole life insurance investment and the amount exceeds how much you paid in premiums, the difference may be considered taxable income.


  • Can I buy health insurance that is not Obamacare?

    When people say "Obamacare insurance," they typically mean insurance within the health insurance marketplace. You can get health insurance outside of the marketplace by going through your employer, choosing COBRA coverage if you leave your job, or buying a short-term health insurance policy through an insurance agent. ACA-compliant plans meet all the benefits and coverage requirements of the Affordable Care Act. But you may be able to find supplemental or short-term coverage that simply provides peace of mind for major medical expenses.

  • Can I buy health insurance anytime?

    To buy health insurance in the marketplace, you must purchase it within open or special enrollment periods. But you can purchase short-term coverage to bridge the gap between now and the next open enrollment period. These plans are meant to be used for less than a year. You can purchase them online or via insurance agents, but they may not be ACA-compliant.

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