Updated: July 27, 2024
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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.
BestLife InsuranceMassachusettsBest Life Insurance Companies in Massachusetts
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.
Coverage costs and company information for life insurance providers were updated in March 2024.
| GEICO | Rank1 | MoneyGeek Score95 |
| Allstate | Rank2 | MoneyGeek Score94 |
| Protective | Rank3 | MoneyGeek Score94 |
| Transamerica | Rank4 | MoneyGeek Score94 |
| Nationwide | Rank5 | MoneyGeek Score94 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies in Massachusetts:
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 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.
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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.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Massachusetts:
Quotes gathered were for a $250,000 life insurance policy with a 10-year term.
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 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.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies in Massachusetts:
We did not weigh affordability as we did not collect whole life insurance quotes. The company below has the highest score among the companies that offer whole life insurance policies.
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 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.
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Ensure you're getting the best rate for your life insurance. Compare quotes from top providers to find the most affordable life insurance coverage for your needs.
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies in Massachusetts:
We did not weigh affordability as we did not collect universal life insurance quotes. The company below has the highest score among the companies that offer universal life insurance policies.
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 is the premier choice for the best universal life insurance in Massachusetts for both men and women, with a MoneyGeek score of 99.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best no-medical-exam life insurance companies in Massachusetts:
We did not weigh affordability as we did not collect quotes for no-medical-exam life insurance. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams.
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 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.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors in Massachusetts:
We applied the same weightings as the term life insurance category, but the profile for the quote was adjusted to a 70-year-old.
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.
| Nationwide | Rank1 | Monthly Premium$66 | MoneyGeek Score97 |
| GEICO | Rank2 | Monthly Premium$62 | MoneyGeek Score95 |
| Mutual of Omaha | Rank3 | Monthly Premium$74 | MoneyGeek Score95 |
| Prudential | Rank4 | Monthly Premium$57 | MoneyGeek Score95 |
| Allstate | Rank5 | Monthly Premium$49 | MoneyGeek Score94 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Massachusetts for people who smoke:
The same weightings were applied as the term life insurance category, but we adjusted the persona for the quote to reflect an active smoker.
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.
| Nationwide | Rank1 | Monthly Premium$45 | MoneyGeek Score96 |
| GEICO | Rank2 | Monthly Premium$34 | MoneyGeek Score96 |
| Mutual of Omaha | Rank3 | Monthly Premium$44 | MoneyGeek Score95 |
| Prudential | Rank4 | Monthly Premium$38 | MoneyGeek Score94 |
| Allstate | Rank5 | Monthly Premium$32 | MoneyGeek Score94 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Massachusetts for young adults:
We applied the same weightings as the term life insurance category; however, the persona for the quote is a 20-year-old.
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.
| Nationwide | Rank1 | Monthly Premium$10 | MoneyGeek Score98 |
| GEICO | Rank2 | Monthly Premium$7 | MoneyGeek Score96 |
| Mutual of Omaha | Rank3 | Monthly Premium$10 | MoneyGeek Score96 |
| Protective | Rank4 | Monthly Premium$8 | MoneyGeek Score95 |
| AAA | Rank5 | Monthly Premium$10 | MoneyGeek Score94 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies in Massachusetts:
We applied the same weightings as the term life insurance category; however, the quote was adjusted to reflect a 10-year term with minimum coverage.
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.
| Allstate | Monthly Premium$12 | MoneyGeek Score97 |
| Transamerica | Monthly Premium$12 | MoneyGeek Score97 |
| GEICO | Monthly Premium$13 | MoneyGeek Score96 |
| Protective | Monthly Premium$13 | MoneyGeek Score95 |
| Nationwide | Monthly Premium$16 | MoneyGeek Score94 |
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.
The best life insurance for men in Massachusetts is offered by GEICO.
The cost of life insurance in Massachusetts for men is influenced by factors such as age, health and coverage amount. GEICO's top-rated policy has an average monthly premium of $19.
The best life insurance company for women in Massachusetts is Protective.
Life insurance premiums for women in Massachusetts are influenced by age, health and coverage amount. Protective offers the best life insurance at an average monthly premium of $16.
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.
