Best Life Insurance Companies in Maryland (2025)

Overall, Protective Insurance offers the best life insurance in Maryland 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 affordable alternatives.

Rates are based on average quotes for adult (ages 30-49) nonsmokers 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.

While we've identified the top life insurance company for most, your ideal match might differ based on the type of life insurance. Below, we break down the best options for various common profiles.

Rates are estimates based on MoneyGeek's analysis and may not reflect your actual premium. Individual rates vary based on health, lifestyle, and other underwriting factors. Contact insurers directly for personalized quotes.

To help you find the best life insurance fit, we've included a filterable table below that tailors recommendations to your unique profile, making your search simple and precise.

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. Main analysis uses averages for ages 30-49, while this table shows ages 20, 30, 40, 50, 60 and 70.

Here's a quick guide with top tips to help you secure the best life insurance in the Free State.

We found the top life insurance companies in Maryland are Protective Insurance, Guardian Life, Lincoln Financial and Prudential. North American, Ethos, Legal & General, Mutual of Omaha and Pacific Life are the best options for specific policy types. While these are our recommendations, you should complete your own research, decide on a coverage level, and compare quotes to get the best deal possible.

Explore expert answers to common questions about life insurance in Maryland in our FAQ section.

We looked at three main things when ranking these companies: affordability (55%), customer experience (30%), and coverage options (15%). This weighting reflects what matters most when you're comparing policies. Your monthly premium impacts your budget, while reliable service and diverse options enhance long-term value.

We gathered quotes using a standard profile: a nonsmoker with average height, healthy weight, and average health rating. This baseline allowed us to compare rates fairly across insurers. We then modified profiles by age, gender, height, weight, tobacco use and health rating to capture rate variations for different customer types.

We used averages from the ages 30-49 quotes to determine overall rankings of the best life insurance companies in Maryland. When necessary, we identified data trends to calculate projections and extend coverage beyond original quotes collected.

Our analysis incorporated:

• Cost data from online quotes across multiple coverage amounts and term lengths
• A.M. Best financial strength ratings and years in business for stability assessment
• NAIC complaint index data and J.D. Power satisfaction scores for customer experience evaluation
• Online tools availability, payment options, and buying process ease
• Product diversity across term and permanent life insurance offerings

This methodology ensures our recommendations reflect real-world costs and experiences you'll encounter when buying life insurance in Maryland.