Best Life Insurance in Massachusetts (May 2024)


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ByMark Fitzpatrick
Edited byDenise Cristobal
ByMark Fitzpatrick
Edited byDenise Cristobal

Updated: June 18, 2024

Advertising & Editorial Disclosure

Protective is the top provider for women in Massachusetts seeking life insurance, with a MoneyGeek score of 94 and a monthly premium of $16. GEICO leads for men, with a MoneyGeek score of 95 and a monthly cost of $19.

Various factors drive life insurance choices, and the optimal company for you will depend on your needs and circumstances.

Why Trust MoneyGeek? We analyzed 1,488 life insurance quotes alongside customer satisfaction, financial stability reports, product offerings and more to determine the best life insurance companies in Massachusetts.

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Coverage costs and company information for life insurance providers were updated in March 2024.

1,488Quotes Analyzed
 
14Companies Compared
 
50ZIP Codes

Best Life Insurance in Massachusetts: Summary

Data filtered by:Results filtered by:
Category:
Category:Best Life Insurance Overall
Gender:
Gender:M
GEICORank1MoneyGeek Score95
AllstateRank2MoneyGeek Score94
ProtectiveRank3MoneyGeek Score94
TransamericaRank4MoneyGeek Score94
NationwideRank5MoneyGeek Score94

Overall Best Life Insurance in Massachusetts

How was this MoneyGeek score calculated?

GEICO is the best life insurance provider for men in Massachusetts, with a MoneyGeek score of 95 and a monthly premium of approximately $19. However, Protective is the top life insurance company for women, with a MoneyGeek score of 94 and a monthly premium of roughly $16.

Here are the top three highest MoneyGeek scores for life insurance in Massachusetts:

  • GEICO: MoneyGeek score of 95 out of 100 ($19 per month for men and women)
  • Protective: MoneyGeek score of 94 out of 100 ($19 per month for men; $16 per month for women)
  • Allstate: MoneyGeek score of 94 out of 100 ($17 per month for men; $15 per month for women)

Overall Best for Men: GEICO

COMPANY HIGHLIGHTS

GEICO is the top choice for the best life insurance in Massachusetts for men, with a MoneyGeek score of 95 and a monthly premium of $19.

Pros:

  • High level of customer satisfaction
  • Competitive and affordable premiums
  • Exceptional financial stability

Cons:

  • Limited product diversity
  • Average buying process

Overall Best for Women: Protective

COMPANY HIGHLIGHTS

Protective is the leading choice for women in Massachusetts seeking the best life insurance, with a MoneyGeek score of 94 and a monthly premium of $16.

Pros:

  • High customer satisfaction
  • Affordable
  • Strong financial stability

Cons:

  • Product diversity may be limited
  • The buying process could be improved

Best Term Life Insurance in Massachusetts

How was this MoneyGeek score calculated?

GEICO is the standout provider of the best term life insurance in Massachusetts for men, with a MoneyGeek score of 96 and a monthly premium of $13. For women, Protective takes the lead, with a MoneyGeek score of 95 and a monthly premium of $12.

The top three highest MoneyGeek scores are:

  • GEICO: MoneyGeek score of 96 out of 100 ($13 per month for men and women)
  • Protective: MoneyGeek score of 95 out of 100 ($13 per month for men; $12 per month for women)
  • Nationwide: MoneyGeek score of 95 out of 100 ($16 per month for men and women)

Best Term Life: GEICO

COMPANY HIGHLIGHTS

GEICO is the premier choice for term life insurance for men and women in Massachusetts, with a MoneyGeek score of 96 for men and 95 for women. Its monthly premium is $13 for both genders, ensuring top-tier insurance coverage without breaking the bank.

Pros:

  • High customer satisfaction
  • Competitive pricing
  • Strong financial stability

Cons:

  • Limited product options

Best Whole Life Insurance in Massachusetts

How was this MoneyGeek score calculated?

Nationwide is the leading provider of the best whole life insurance in Massachusetts for men and women, with a MoneyGeek score of 98 for both.

The top three highest MoneyGeek scores are as follows:

  • Nationwide: MoneyGeek score of 98 out of 100
  • Mutual of Omaha: MoneyGeek score of 96 out of 100
  • GEICO: MoneyGeek score of 96 out of 100

Best Whole Life: Nationwide

COMPANY HIGHLIGHTS

Nationwide is the leader in providing the best whole life insurance in Massachusetts for both men and women. With a MoneyGeek score of 98, it stands out for its superior offerings and commitment to customer satisfaction.

Pros:

  • High satisfaction rate
  • Diverse range of insurance products available

Cons:

  • Financial stability is strong but not top-rated
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Best Universal Life Insurance in Massachusetts

How was this MoneyGeek score calculated?

Nationwide is the leading provider of the best universal life insurance in Massachusetts for both men and women, with a MoneyGeek score of 99.

  • Nationwide: MoneyGeek score of 99 out of 100
  • Mutual of Omaha: MoneyGeek score of 97 out of 100
  • GEICO: MoneyGeek score of 94 out of 100

Best Universal Life: Nationwide

COMPANY HIGHLIGHTS

Nationwide is the premier choice for the best universal life insurance in Massachusetts for both men and women, with a MoneyGeek score of 99.

Pros:

  • High customer satisfaction
  • Diverse range of insurance products

Best No-Medical-Exam Life Insurance in Massachusetts

How was this MoneyGeek score calculated?

Nationwide is the top provider of the best no-medical-exam life insurance in Massachusetts, with a MoneyGeek score of 99 for both men and women. Nationwide's exceptional score reflects its commitment to excellence and customer-focused insurance solutions.

The top three highest MoneyGeek scores are:

  • Nationwide: MoneyGeek score of 99 out of 100
  • Mutual of Omaha: MoneyGeek score of 97 out of 100
  • AAA: MoneyGeek score of 94 out of 100

Best No-Medical-Exam: Nationwide

COMPANY HIGHLIGHTS

Nationwide is the premier choice for the best no-medical-exam life insurance in Massachusetts for both men and women, with a MoneyGeek score of 99.

Pros:

  • Exceptional customer satisfaction
  • Wide range of insurance products offered
  • Streamlined and user-friendly buying process

Cons:

  • Limited financial stability rating

How Much Life Insurance Do You Need?

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Best Term Life Insurance for Seniors in Massachusetts

How was this MoneyGeek score calculated?

Nationwide offers the best term life insurance for seniors in Massachusetts, with a MoneyGeek score of 97 for men and 96 for women and monthly premiums of $66 and $63, respectively.

Nationwide's prominence in the market is due to high customer satisfaction, a balance of affordability and process efficiency, and its commitment to diversity and stability.

Data filtered by:Results filtered by:
Sex:
Sex:M
NationwideRank1Monthly Premium$66MoneyGeek Score97
GEICORank2Monthly Premium$62MoneyGeek Score95
Mutual of OmahaRank3Monthly Premium$74MoneyGeek Score95
PrudentialRank4Monthly Premium$57MoneyGeek Score95
AllstateRank5Monthly Premium$49MoneyGeek Score94

Best Term Life Insurance for Smokers in Massachusetts

How was this MoneyGeek score calculated?

Nationwide stands out as the provider with the best term life insurance for smokers in Massachusetts for men, with a MoneyGeek score of 96 and a monthly premium of $45. Prudential is the top provider for women, with a MoneyGeek score of 95 and a monthly premium of $29.

When considering the best term life insurance for smokers, details such as financial stability and satisfaction scores play a pivotal role. Nationwide gains a competitive edge due to high scores in customer satisfaction and process, whereas Prudential's affordability and satisfaction ratings contribute to its leading position.

Data filtered by:Results filtered by:
Sex:
Sex:M
NationwideRank1Monthly Premium$45MoneyGeek Score96
GEICORank2Monthly Premium$34MoneyGeek Score96
Mutual of OmahaRank3Monthly Premium$44MoneyGeek Score95
PrudentialRank4Monthly Premium$38MoneyGeek Score94
AllstateRank5Monthly Premium$32MoneyGeek Score94

Best Term Life Insurance for Young Adults in Massachusetts

How was this MoneyGeek score calculated?

Nationwide is the top company with the best term life insurance for young adults in Massachusetts for both men and women. It has a MoneyGeek score of 98 for men and women and a monthly premium of $10 for both.

Data filtered by:Results filtered by:
Sex:
Sex:M
NationwideRank1Monthly Premium$10MoneyGeek Score98
GEICORank2Monthly Premium$7MoneyGeek Score96
Mutual of OmahaRank3Monthly Premium$10MoneyGeek Score96
ProtectiveRank4Monthly Premium$8MoneyGeek Score95
AAARank5Monthly Premium$10MoneyGeek Score94

Best Cheap Term Life Insurance in Massachusetts

How was this MoneyGeek score calculated?

Allstate is the best provider of best cheap term life insurance in Massachusetts for men and women, with a MoneyGeek Score of 97 for both. Its monthly cost is $11 for women and $12 for men. The company's exceptional score is attributed to its balance of affordability and reliable customer service.

Data filtered by:Results filtered by:
Gender:
Gender:M
AllstateMonthly Premium$12MoneyGeek Score97
TransamericaMonthly Premium$12MoneyGeek Score97
GEICOMonthly Premium$13MoneyGeek Score96
ProtectiveMonthly Premium$13MoneyGeek Score95
NationwideMonthly Premium$16MoneyGeek Score94

Average Cost of Term Life Insurance in Massachusetts

The average monthly premium for life insurance in Massachusetts is $43 for women and $52 for men. Several factors influence this cost, including age, health status, lifestyle choices and the length and coverage of the policy. Understanding the average cost of life insurance aids in budget planning and risk management when choosing a life insurance plan tailored to your personal needs.

FAQ About Life Insurance in Massachusetts

What is the best life insurance in Massachusetts for men?
How much is life insurance in Massachusetts for men?
What is the best life insurance in Massachusetts for women?
How much is life insurance in Massachusetts for women?

About Mark Fitzpatrick


Mark Fitzpatrick headshot

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.


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