State Farm is our top choice for the best life insurance companies in Maine, earning a MoneyGeek score of 99 out of 100 for customer service, affordability and coverage options. GEICO, Haven, Nationwide and Mutual of Omaha provide strong affordable alternatives.
Best Life Insurance Companies in Maine (2025)
MoneyGeek scored the best life insurance companies in Maine based on thousands of quotes and reviews to help you find your ideal policy.
Discover affordable life insurance in Maine below.
Select age group
Updated: October 27, 2025
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Key Takeaways
While life insurance rates are consistent across the U.S., Maine's top providers include State Farm, GEICO, Haven, Nationwide and Mutual of Omaha.
GEICO provides the most affordable life insurance in Maine and nationwide, with rates beginning at just $3 per month.
To find the best life insurance in Maine, decide on your coverage needs, research costs and companies, and compare plenty of providers.
Best Life Insurance Providers in Maine
| State Farm | 99 | $6 |
| GEICO | 98 | $3 |
| Haven | 97 | $6 |
| Nationwide | 97 | $4 |
| Mutual of Omaha | 96 | $4 |
*Rates presented are for coverage levels between $250-$500K for a 20 year term life insurance plan for a 40-year-old man in good health who does not smoke.
Best Life Insurance in Maine by Category
Your best life insurance option may differ from the top overall provider based on your personal profile. Below are the top providers for common profiles.
| Young Adults | Progressive | $2 |
| Seniors | GEICO | $21 |
| Smokers | Progressive | $10 |
| High Coverage | Amica | $17 |
Compare Personalized Best Maine Life Insurance Picks
Use the filterable table below to match life insurance recommendations with your personal profile.
Data filtered by:
41-50
M
250k-500k
Select
Excellent
| State Farm | 99 | $6 |
| GEICO | 98 | $4 |
| Haven | 97 | $10 |
| Nationwide | 97 | $5 |
| Mutual of Omaha | 96 | $5 |
| Protective | 95 | $6 |
| Prudential | 94 | $6 |
| AAA | 92 | $5 |
| Allstate | 92 | $6 |
| Transamerica | 90 | $4 |
Rates in this table differ from the main comparison due to the broader age range (41 to 50 vs. 40) and flexible term selection rather than a fixed 20-year term.
How to Find the Best Life Insurance in Maine
Here are essential tips for finding the best life insurance in Maine.
- 1Decide coverage beforehand
Determine how much life insurance you need before purchasing. This lets you compare prices fairly and prevents agents from overselling.
- 2Research costs for your profile
Check average life insurance costs for your coverage level and personal profile to gauge whether you're getting a good deal. Your location doesn't affect life insurance rates, so focus on your coverage needs and personal factors.
- 3Compare company reputations
Understanding a company's reputation guides you to the best provider for your needs. Resources like J.D. Power, online forums and independent agents offer valuable insights.
- 4Compare quotes through multiple avenues
Get quotes from various sources to secure the best value for your coverage. Pricing varies based on whether you get quotes from an independent agent or an online platform.
Best Life Insurance in Maine: Bottom Line
The top three life insurance companies in Maine are State Farm, GEICO and Haven. Do your own research, decide on a coverage level and compare quotes to get the best deal.
Maine Life Insurance: FAQ
Explore our expert answers to common questions about life insurance in Maine.
What is the best life insurance in Maine?
State Farm earns the top spot for life insurance in Maine with nationwide praise for its service, reasonable pricing and quality term policies.
How do you get the best life insurance in Maine?
Start by evaluating your coverage needs, research insurers' reputations and policies, then compare quotes from multiple providers.
Do life insurance rates differ by state?
No, life insurance rates stay consistent across states, though policy features and rider options get tailored to regional regulations and market demands.
How We Decided the Best Life Insurance in Maine
MoneyGeek developed a scoring system to compare life insurance companies across five main categories and ranked them based on their overall performance. We included companies with broad national coverage and the ability to provide online quotes.
MoneyGeek's Scoring System
Each insurer could earn up to five points in five categories. These scores were then weighted to create a final MoneyGeek score out of 100. The weight of each factor is shown below:
- Affordability: 60%
- Financial Stability: 5%
- Buying Process: 5%
- Customer Satisfaction: 20%
- Product Diversity: 10%
Each company’s score was based on:
- Cost data obtained through online quotes
- Financial strength ratings from AM Best and the number of years in business
- Customer satisfaction data from the National Association of Insurance Commissioners (NAIC) customer complaint index (we reviewed annual complaint data from 2020 to 2022, the most recent year available)
- Availability of tools to aid in the buying process, such as online product materials and multiple payment options
- Diversity of life insurance products offered
Sample Customer Profile
To compare quotes in Maine, MoneyGeek used the following standard customer profile:
- 40-year-old nonsmoker
- Average height and healthy weight
- Excellent health rating
We then adjusted the profile for age, gender, height, weight, tobacco use, health rating, and location to gather a wide range of quotes. We also reviewed term life insurance policies with different term lengths and coverage amounts.
When necessary, we looked for patterns in the data to project costs and fill in gaps where information was limited.
About Mark Fitzpatrick
Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.
Mark earned a master's degree in Economics and International Relations from Johns Hopkins University and a bachelor's degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.