Overall, Protective Insurance offers the best life insurance in Massachusetts and across the country, earning a MoneyGeek score of 4.7 out of 5 for customer service, affordability, and coverage options. We also recommend Guardian Life, Lincoln Financial and Prudential as some of the best alternatives.
Best Life Insurance Companies in Massachusetts (2025)
MoneyGeek scored the best life insurance companies in Massachusetts based on thousands of quotes and reviews to help you find your ideal policy..Â
Discover affordable life insurance in Massachusetts below.
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Updated: November 10, 2025
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Key Takeaways
The best life insurance options in Massachusetts include Protective Life, Guardian Life, Lincoln Financial and Prudential.
Based on MoneyGeek's analysis, Lincoln Financial offers the cheapest life insurance in Massachusetts, with monthly premiums for a $500,000 20-year term policy averaging $35 for men and $30 for women.
Different life insurance types have different winners in Massachusetts. Legal & General takes the top spot for term life insurance, while Pacific Life leads for no-exam policies. For permanent coverage, North American, Ethos and Mutual of Omaha provide the best options.
To get the best life insurance in Massachusetts, we recommend deciding on coverage beforehand, researching costs and companies, and comparing plenty of providers.
Best Life Insurance Providers in Massachusetts
Overall | Protective Insurance | 4.7 | $44 (men) $37 (women) | $532 (men) $443 (women) |
Customer Experience | Guardian Life | 4.6 | $51 (men) $40 (women) | $612 (men) $480 (women) |
Affordability | Lincoln Financial | 4.5 | $35 (men) $30 (women) | $417 (men) $359 (women) |
Coverage Options | Prudential | 4.1 | $61 (men) $48 (women) | $735 (men) $578 (women) |
Rates are based on average quotes for healthy nonsmokers ages 30-49 with a $500,000 20-year term policy. These are estimates based on MoneyGeek's analysis and may not reflect your actual premium. Actual rates vary based on health, lifestyle, and other underwriting factors. Contact insurers directly for personalized quotes.
Best Overall: Protective
Protective
MoneyGeek Rating
4.7/ 5
4.8/5Affordability
4.6/5Customer Experience
4.3/5Coverage Points
Average Monthly Cost
$44 (men); $37 (women)Based on a 20-year term policy with $500,000 coverage amount for adult (ages 30-49) nonsmokers with average weight and health ratings.Average Annual Cost
$532 (men); $443 (women)Based on a 20-year term policy with $500,000 coverage amount for adult (ages 30-49) nonsmokers with average weight and health ratings.
Best Customer Experience: Guardian Life
Guardian Life
MoneyGeek Rating
4.6/ 5
4.6/5Affordability
4.9/5Customer Experience
4/5Coverage Points
Average Monthly Cost
$51 (men); $40 (women)Based on a 20-year term policy with $500,000 coverage amount for adult (ages 30-49) nonsmokers with average weight and health ratings.Average Annual Cost
$612 (men); $480 (women)Based on a 20-year term policy with $500,000 coverage amount for adult (ages 30-49) nonsmokers with average weight and health ratings.
Best for Affordability: Lincoln Financial
Lincoln Financial
MoneyGeek Rating
4.5/ 5
5/5Affordability
3.6/5Customer Experience
4.5/5Coverage Points
Average Monthly Cost
$35 (men); $30 (women)Based on a 20-year term policy with $500,000 coverage amount for adult (ages 30-49) nonsmokers with average weight and health ratings.Average Annual Cost
$417 (men); $359 (women)Based on a 20-year term policy with $500,000 coverage amount for adult (ages 30-49) nonsmokers with average weight and health ratings.
Best Coverage Options: Prudential
Prudential
MoneyGeek Rating
4.1/ 5
4.2/5Affordability
3.4/5Customer Experience
4.8/5Coverage Points
Average Monthly Cost
$61 (men); $48 (women)Based on a 20-year term policy with $500,000 coverage amount for adult (ages 30-49) nonsmokers with average weight and health ratings.Average Annual Cost
$735 (men); $578 (women)Based on a 20-year term policy with $500,000 coverage amount for adult (ages 30-49) nonsmokers with average weight and health ratings.
Best Life Insurance in Massachusetts by Policy Type
The top life insurance provider won't fit everyone's situation. Find the leading companies for specific policy types below.
Whole and Universal | North American | 5 | Whole: $691 (men) $602 (women) Universal: $295 (men) $251 (women) | Whole: $8,287 (men) $7,221 (women) Universal: $3,535 (men) $3,016 (women) |
Indexed Universal | Ethos | 5 | $328 (men) $275 (women) | $3,935 (men) $3,297 (women) |
Term | Legal & General | 4.7 | $44 (men) $35 (women) | $523 (men) $415 (women) |
Guaranteed Acceptance | Mutual of Omaha | 4.7 | $40 (men) $30 (women) | $482 (men) $365 (women) |
No-Exam | Pacific Life | 4.5 | $47 (men) $39 (women) | $566 (men) $464 (women) |
Rates are based on average quotes for healthy nonsmokers ages 30-49 with a $500,000 20-year term policy. These are estimates based on MoneyGeek's analysis and may not reflect your actual premium. Actual rates vary based on health, lifestyle, and other underwriting factors. Contact insurers directly for personalized quotes.
Best Whole and Universal: North American
North American
MoneyGeek Rating
5/ 5
5/5Affordability
5/5Customer Experience
5/5Coverage Points
Average Monthly Cost
Whole: $691 (men); $602 (women) Universal: $295 (men); $251 (women)Based on average quotes for adult (ages 30-49) nonsmokers with $500,000 coverage amount.Average Annual Cost
Whole: $8,287 (men); $7,221 (women) Universal: $3,535 (men); $3,016 (women)Based on average quotes for adult (ages 30-49) nonsmokers with $500,000 coverage amount.
Best Indexed Universal: Ethos
Ethos
MoneyGeek Rating
5/ 5
5/5Affordability
5/5Customer Experience
5/5Coverage Points
Average Monthly Cost
$328 (men); $275 (women)Based on average quotes for adult (ages 30-49) nonsmokers with $500,000 coverage amount.Average Annual Cost
$3,935 (men); $3,297 (women)Based on average quotes for adult (ages 30-49) nonsmokers with $500,000 coverage amount.
Best Term: Legal & General
Legal & General
MoneyGeek Rating
4.7/ 5
4.7/5Affordability
4.7/5Customer Experience
4.7/5Coverage Points
Average Monthly Cost
$44 (men); $35 (women)Based on average quotes for an adult (ages 30-49) nonsmoker with a 20-year term policy and $500,000 coverage amount.Average Annual Cost
$523 (men); $415 (women)Based on average quotes for an adult (ages 30-49) nonsmoker with a 20-year term policy and $500,000 coverage amount.
Best Guaranteed Acceptance: Mutual of Omaha
Mutual of Omaha
MoneyGeek Rating
4.7/ 5
4.9/5Affordability
4.5/5Customer Experience
4.8/5Coverage Points
Average Monthly Cost
$40 (men); $30 (women)Based on average quotes for 50-year-old nonsmokers with $10,000 coverage amount.Average Annual Cost
$482 (men); $365 (women)Based on average quotes for 50-year-old nonsmokers with $10,000 coverage amount.
Best No-Exam Term: Pacific Life
Pacific Life
MoneyGeek Rating
4.5/ 5
4.4/5Affordability
4.5/5Customer Experience
4.7/5Coverage Points
Average Monthly Cost
$47 (men); $39 (women)Based on average quotes for a 40-year-old with a 20-year term policy and $500,000 coverage amount.Average Annual Cost
$566 (men); $464 (women)Based on average quotes for a 40-year-old with a 20-year term policy and $500,000 coverage amount.
Compare Personalized Best Massachusetts Life Insurance Picks
Filter the table below by your age, gender, term length and coverage amount to see personalized rate comparisons.
Data filtered by:
Select
Male
20 years
$500,000
| Lincoln Financial | $21 | $268 |
| North American | $27 | $312 |
| Midland National | $27 | $312 |
| Protective Insurance | $28 | $327 |
| Cincinnati Life | $28 | $340 |
| CoreBridge | $30 | $355 |
| Legal & General | $30 | $357 |
| Pacific Life | $30 | $357 |
| Principal National | $30 | $361 |
| SBLI | $30 | $362 |
| Assurity | $30 | $365 |
| Transamerica | $31 | $376 |
| Foresters Financial | $31 | $379 |
| Columbus Life | $33 | $383 |
| Life Insurance Co of The South West | $31 | $386 |
| National Life Group | $31 | $386 |
| Equitable Life | $32 | $389 |
| Guardian Life | $33 | $396 |
| Securian | $33 | $396 |
| Mutual of Omaha | $34 | $409 |
| Prudential | $35 | $416 |
| Ameritas | $36 | $432 |
| John Hancock | $37 | $449 |
| AAA | $38 | $462 |
| Nationwide | $42 | $498 |
| Ethos | $42 | $500 |
| Fidelity Life | $43 | $520 |
| Gerber Life (Fabric) | $53 | $638 |
| Royal Neighbors of America | $57 | $690 |
Rates are based on a term life insurance policy for nonsmokers with average weight and health ratings. Individual costs will vary based on policy type and your profile.
Rates in this table may differ from those mentioned in the best companies' profiles. The main analysis uses averages for ages 30-49, while this table shows averages for ages 20, 30, 40, 50, 60, and 70.
How to Find the Best Life Insurance in Massachusetts
Follow these steps to find the right coverage at the best price.
- 1Decide coverage beforehand
Figure out how much life insurance you need before shopping. This helps you compare prices accurately and prevents agents from overselling you. Use our life insurance coverage calculator to assess your needs quickly.
- 2Research costs for your profile
Check average life insurance costs for your desired coverage and profile. Geography rarely affects life insurance rates, so focus on personal factors like age, health and coverage amount.
- 3Compare company reputations
Rates don't vary much by state, but company reputation matters. Check J.D. Power ratings, online forums and independent agents to evaluate providers. Make sure the insurer offers the coverage type you need.
- 4Compare quotes through multiple avenues
Pricing varies depending on whether you go through an independent agent, online marketplace or direct insurer. Get quotes from several sources to find the best rate.
Best Life Insurance in Massachusetts: Bottom Line
According to MoneyGeek's analysis, the top life insurance companies in Massachusetts are Protective Insurance, Guardian Life, Lincoln Financial, Prudential, North American, Ethos, Legal & General, Mutual of Omaha and Pacific Life. We recommend that you evaluate your coverage needs and compare quotes to ensure you find the most affordable and suitable plan for your situation.
Massachusetts Life Insurance: FAQ
Below are expert answers to common questions about life insurance for residents of the Bay State.
What is the best life insurance in Massachusetts?
In Massachusetts, Protective Insurance offers the best overall life insurance with top-rated customer service nationwide, affordable rates at $44 (men) and $37 (women) per month, and strong term life coverage options.
How do you get the best life insurance in Massachusetts?
To secure the best life insurance in Massachusetts, assess your coverage needs, review insurer reputations, and carefully compare policy rates.
Do life insurance rates differ by state?
No, rates for life insurance don’t vary much across states, but variations can occur due to state-specific taxes, fees or regulations.
How We Decided the Best Life Insurance in Massachusetts
Massachusetts residents face higher-than-average life insurance costs due to the state's elevated cost of living and medical expenses, making it critical to find coverage that protects your family without straining your budget. We designed this research to show you which insurers deliver the best combination of affordable premiums, financial stability, and reliable service for Massachusetts policyholders.
Our baseline quote profile:
We collected quotes using a standardized nonsmoker profile with average weight, height, and healthy characteristics. From there, we adjusted age, gender, physical attributes, tobacco use, and health status to understand how pricing shifts based on your actual profile. We gathered quotes across multiple term lengths and coverage amounts to show what you'll pay for the protection your family needs.
How we scored each company:
We scored insurers across three categories, with each worth up to five points:
- Affordability (55%): Quote comparisons across term lengths and coverage amounts
- Customer Experience (30%): NAIC complaint data and J.D. Power ratings for claims handling and service quality
- Coverage Options (15%): Product variety across term and whole life policies, online tools, educational resources and payment flexibility
Why these weights: Your premiums determine what you'll pay for 10, 20, or 30 years, making affordability the primary factor. Customer experience carries substantial weight because the cheapest policy means nothing if the company denies valid claims or provides poor service when your beneficiaries need support. Coverage options round out the evaluation, ensuring you can find the right policy type and term length for your situation.
Key research elements:
We verified each company's financial strength using A.M. Best ratings and operational history to ensure they'll remain solvent throughout your policy term. We calculated overall rankings using quote averages from customers ages 30-49, which represent Massachusetts residents most actively purchasing term coverage to protect mortgages and replace income. When our dataset showed clear pricing patterns, we calculated projections to extend coverage where needed.
This methodology reveals which insurers provide genuine value for Massachusetts residents combining reasonable premiums with the financial strength to pay claims decades from now when your family depends on that protection most.
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.