Best Life Insurance in Maine (December 2024)


Updated: December 24, 2024

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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.

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 Maine.

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

1,488Quotes Analyzed
 
14Companies Compared
 
50ZIP Codes

Best Life Insurance in Maine: Summary

Data filtered by:Results filtered by:
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Category:Best Life Insurance Overall
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Gender:M
Nationwide197
GEICO296
Protective395
Allstate494
Mutual of Omaha594
Transamerica694
State Farm793
AAA891
Haven990
Prudential1090

Overall Best Life Insurance in Maine

How was this MoneyGeek score calculated?

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)

Best for Men: Nationwide

COMPANY HIGHLIGHTS

With a MoneyGeek Score of 97, Nationwide emerges as the leading life insurance company for men in Maine, offering the best-in-class policy at an affordable monthly premium of $18. Their commitment to excellence assures men the optimal coverage and peace of mind.

Pros:

  • High customer satisfaction
  • Diverse product offerings
  • Effortless buying experience

Best for Women: GEICO

COMPANY HIGHLIGHTS

GEICO stands out as the top-ranked company in Maine for women seeking life insurance, thanks to its exceptional MoneyGeek Score of 95. With a cost-effective monthly premium of $15, it represents the perfect balance between affordability and comprehensive coverage.

Pros:

  • High customer satisfaction
  • Budget-friendly premiums
  • Excellent financial stability

Best Term Life Insurance in Maine

How was this MoneyGeek score calculated?

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)

Best Term Life: Nationwide

COMPANY HIGHLIGHTS

Nationwide is the best choice for term life insurance in Maine for both men and women, with the highest MoneyGeek score of 97. With a reasonable monthly premium of $14, Nationwide merges premium service with affordability, ensuring your financial security.

Pros:

  • Exceptional customer satisfaction
  • Highly affordable premium rates
  • Diverse product offerings

Best Whole Life Insurance in Maine

How was this MoneyGeek score calculated?

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

Best Whole Life: State Farm

COMPANY HIGHLIGHTS

State Farm is the leading provider of whole life insurance in Maine, with a MoneyGeek score of 99. State Farm offers unmatched services that have solidified its position as the prime choice for both men and women seeking whole life insurance.

Pros:

  • High customer satisfaction with services
  • Diverse insurance product offerings
  • Strong financial stability

Best Universal Life Insurance in Maine

How was this MoneyGeek score calculated?

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.

Best Universal Life: Nationwide

COMPANY HIGHLIGHTS

Nationwide is perfect for both men and women seeking financial security. Achieving a MoneyGeek score of 99, Nationwide surpasses competitors in offering excellent coverage and service.

Pros:

  • High customer satisfaction
  • Offers affordable policies
  • Diverse product options

Best No-Medical-Exam Life Insurance in Maine

How was this MoneyGeek score calculated?

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

Best No-Medical-Exam: Nationwide

COMPANY HIGHLIGHTS

Nationwide is the best no-medical-exam life insurance provider in Maine for both men and women, achieving the highest MoneyGeek score of 99. With top marks across key metrics, this company ensures a balance of affordability, customer satisfaction and product diversity.

Pros:

  • Exceptional customer satisfaction experience
  • Highly competitive affordability
  • Diverse range of insurance products

How Much Life Insurance Do You Need?

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Best Term Life Insurance for Seniors in Maine

How was this MoneyGeek score calculated?

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.

Best Term Life Insurance for Seniors in Maine
Data filtered by:Results filtered by:
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Sex:M
Nationwide1$5198
GEICO2$4896
Mutual of Omaha3$5496
Protective4$4995
Allstate5$4494
Transamerica6$4994
Prudential7$6293
State Farm8$9293
AAA8$6293
Haven10$10889

Best Term Life Insurance for Smokers in Maine

How was this MoneyGeek score calculated?

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.

Best Term Life Insurance for Smokers in California
Data filtered by:Results filtered by:
Select
Sex:M
Mutual of Omaha1$3396
GEICO2$3096
Nationwide3$4196
State Farm4$4196
Prudential5$3195
Transamerica6$2894
AAA7$3793
Protective8$4791
Allstate9$4590
Haven10$6289

Best Term Life Insurance for Young Adults in Maine

How was this MoneyGeek score calculated?

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.

Best Term Life Insurance for Young Adults in Maine
Data filtered by:Results filtered by:
Select
Sex:M
Nationwide1$998
Mutual of Omaha2$897
GEICO3$797
Protective4$795
State Farm5$1695
Allstate6$794
Transamerica7$794
AAA8$994
Haven9$1293
Prudential10$1293
Bestow11$2389

Best Cheap Term Life Insurance in Maine

How was this MoneyGeek score calculated?

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.

Best Cheap Term Life Insurance in Maine
Data filtered by:Results filtered by:
Select
Gender:M
Allstate$1197
Nationwide$1497
GEICO$1197
Transamerica$1296
Mutual of Omaha$1396
Protective$1196
AAA$1593
Prudential$1989
State Farm$2489
Haven$2087

Average Cost of Term Life Insurance in Maine

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.

FAQ: Life Insurance in Maine

What is the best life insurance in Maine for men?

How much is life insurance in Maine for men?

What is the best life insurance in Maine for women?

How much is life insurance in Maine 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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