Best Life Insurance in Maine (May 2024)

For men seeking life insurance, Nationwide emerges as the premier provider with a MoneyGeek Score of 97 and a monthly premium of $18. For women, GEICO secures the top spot with a MoneyGeek Score of 95 and a monthly premium of $15. When selecting a life insurance policy, it's critical to weigh various factors, such as affordability, coverage options and the stability of the company, to determine which provider offers the ideal policy for your needs.

Nationwide is the overall best life insurance provider in Maine, achieving the highest MoneyGeek score. For men, Nationwide scores a perfect 97 with a monthly premium of $18, while for women, GEICO ranks top with a score of 95 and a monthly premium of $15.

Top three highest MoneyGeek scores:

• Nationwide: MoneyGeek score of 97 out of 100 ($18 per month for men; $20 per month for women)
• GEICO: MoneyGeek score of 95 out of 100 ($15 per month for men; $15 per month for women)
• Protective: MoneyGeek score of 95 out of 100 ($16 per month for men; $14 per month for women)

Nationwide stands out as the top provider of the best term life insurance in Maine for both men and women, with a MoneyGeek score of 97 for men and 96 for women. The monthly premium for this top-tier coverage is approximately $14.

Top providers with the highest MoneyGeek scores:

• Nationwide: MoneyGeek score of 97 out of 100 ($14 per month for men; $14 per month for women)
• GEICO: MoneyGeek score of 97 out of 100 ($11 per month for men; $11 per month for women)
• Mutual of Omaha: MoneyGeek score of 96 out of 100 ($13 per month for men; $12 per month for women)

State Farm stands as the leader in providing the best whole life insurance in Maine, with a MoneyGeek score of 99 for both men and women. State Farm delivers exceptional service and value to all its clients.

Discover the best whole life insurance that fits your needs with our top picks:

• State Farm: MoneyGeek score of 99 out of 100
• Nationwide: MoneyGeek score of 98 out of 100
• Mutual of Omaha: MoneyGeek score of 96 out of 100

Nationwide stands out as the epitome of excellence in providing the best universal life insurance in Maine for both men and women, achieving an impressive MoneyGeek score of 99.

The companies with the three highest MoneyGeek scores:

• Nationwide: MoneyGeek score of 99 out of 100
• State Farm: MoneyGeek score of 98 out of 100
• Mutual of Omaha: MoneyGeek score of 97 out of 100

Nationwide's universal life insurance offerings in Maine provide a blend of affordability, satisfaction and diversity.

Nationwide is the leading company providing the best no-medical-exam life insurance in Maine for both men and women, with a MoneyGeek score of 99.

Here are the top three highest MoneyGeek scores:

• Nationwide: MoneyGeek score of 99 out of 100
• State Farm: MoneyGeek score of 99 out of 100
• Mutual of Omaha: MoneyGeek score of 97 out of 100

Nationwide offers the best term life insurance for seniors in Maine, achieving a MoneyGeek score of 98 for men and 96 for women. The monthly premium rates for Nationwide's term life insurance are 51 for men and 52 for women. This insurer leads the market, likely due to its customer satisfaction and consistent performance across diverse scoring areas.

Mutual of Omaha stands as the premier choice for the best term life insurance for smokers in Maine. It offers coverage for both men and women in Maine. The company has a MoneyGeek score of 96 for men and 94 for women, with monthly premium costs of $33 and $31, respectively. Mutual of Omaha's top-tier ranking is due to its consistently high scores across customer satisfaction, affordability, diversity and process.

Nationwide is the leading provider of the best term life insurance for young adults in Maine, having the highest MoneyGeek scores for men and women. With a score of 97 for women and 98 for men, Nationwide offers premiums costing approximately $9 per month for women and $9 for men. These scores reflect Nationwide's strong performance across service and customer satisfaction.

Allstate stands out as the premier provider of the best cheap term life insurance in Maine for both men and women, with a MoneyGeek score of 97 for females with a monthly premium cost of $10, and a score of 97 for males with a monthly premium of $11. The top-tier status of Allstate is attributed to its balance of affordability and reliable coverage.

The average monthly premium for life insurance in Maine is $39 for women and $47 for men. Factors influencing the average cost of life insurance include age, health, lifestyle choices and the length and amount of coverage. Policies are often pricier for those who pose a higher risk to insurers. Understanding the average cost of life insurance is crucial for making informed decisions.