Enter your ZIP code:

Maryland Life Insurance

Welcome to the InsureMe Maryland life insurance quotes and information page. At InsureMe, our mission is to provide you the educational information needed to make the best choice possible regarding your life insurance options—and then to put you in touch with the Maryland insurance professionals who have the coverage you need.

We know your time is valuable, so we'll work hard to find life insurance agents in your area who can provide the coverage you deserve—so you don't have to. Just provide us some information at the top of this page…then sit back, relax and let affordable Maryland life insurance quotes come to you!


Maryland Life Insurance Tips

Maryland life insurance helps bridge the gap between your dependents' financial needs and monies available to them through other sources in the event of your death. But life insurance issues can be complicated, and many consumers spend large sums of money every year on premiums that are not well suited to them, their families and their lifestyles.

Before you run out and buy your Maryland life insurance policy, do some research. Your goal should be to get the best coverage at the best possible price. Compare deductibles and other policy specifics, asking questions to clarify anything you do not understand. Many Maryland life insurance policies appear to offer identical coverages; however, when reading the fine print, you may find significant differences actually exist.

"How much life insurance do I need?"

Determining the right amount of Maryland life insurance to buy can be a difficult process. Some life insurance experts recommend purchasing five to ten times your annual income in life insurance protection. However, sometimes this amount is not even enough!

The first step is to determine your current need and how much you can afford to spend. Some of the other factors you should consider in making this determination are:

  • Number of dependents
  • Marital status
  • Income
  • Family size

The following questions can help you more closely settle on an accurate life insurance amount:

  1. How much of my family's income do I provide?
  2. If I died, how would my dependents survive?
  3. Do I need to set aside money for my children's education?
  4. Do any other members of my extended family depend on me financially?
  5. How would my family pay my final expenses and remaining debts if I died?
  6. Are there family members or organizations to which I would like to donate money?
  7. Will any estate taxes be due upon my death?
  8. How will inflation affect my family's future needs?

"What kind should I buy?"

Two types of Maryland life insurance are available:

Term life is the simplest form, and provides financial protection for a temporary period of time. This type of policy may or may not be renewable. Maryland term life policies are normally written for individuals who need large amounts of coverage for specific time periods. Initial premiums for Maryland term life insurance are usually much less than for permanent life insurance, but they may increase each year (or remain level) for a specified period.

Term life insurance provides good coverage for young Maryland families raising children or paying off mortgages. These policies are, however, short term solutions and do not build equity—but monthly costs are low, so individuals with limited resources are able to purchase life insurance protection in Maryland. Most term life policies do not accrue cash value.

Permanent insurance provides Marylanders with long-term financial protection. This includes both a death benefit and, in some cases, cash savings. Permanent insurance equity builds over time—but premiums are higher than those of term insurance. Rates usually remain the same once the policy is purchased. Those who are attempting to meet long-range financial goals do well with this type of insurance.

"What determines my life insurance premium?"

Your premium depends on the type and amount of insurance you buy, as well as your chance of death while the policy is in effect. Risk of death is determined by factors such as your age, gender and medical condition. Other elements Maryland life insurance companies take into consideration include the insurance company's overhead expenses and necessary agent commissions.

Priceless Tips

These common-sense tips will help you find the best Maryland life insurance policy at the most affordable price:

  • Comparison shop using a consumer-oriented shopping service like InsureMe
  • Buy the right amount of life insurance—nothing more, nothing less
  • Take good care of yourself, maintaining a healthy weight and exercising
  • Buy a policy while you are in good health to avoid preexisting condition exclusions
  • Answer all application questions accurately and honestly
  • Compare policies carefully, examining both coverage and price
  • Don't sign on the dotted line until you understand all your policy's provisions
  • Verify all agent and company licensing credentials

Have Questions?

For more information about buying life insurance in Maryland, you may access the Maryland Insurance Administration online at www.mdinsurance.state.md.us.


Now, get up to five competitive life insurance quotes and save!

We hope the above information has answered some of your questions about buying Maryland life insurance. Now, let us help you get the most for your money using InsureMe's consumer insurance shopping service. Just fill out our "Get a free quote" box at the top of this page and see how easy it is to find the life insurance you need…with only one click of the mouse!

Get going—and prepare for tomorrow today!


Free Car Insurance Quotes!  
Free Home Insurance Quotes!  
Free Health Insurance Quotes!  
Free Life Insurance Quotes!  


List of Articles
No. Subject Author Views
52 Wyoming Life Insurance youcomparequotes 4480
51 Wisconsin Life Insurance youcomparequotes 4641
50 West Virginia Life Insurance youcomparequotes 4383
49 Washington, D.C. Life Insurance youcomparequotes 4173
48 Washington Life Insurance youcomparequotes 4316
47 Virginia Life Insurance youcomparequotes 4106
46 Vermont Life Insurance youcomparequotes 4188
45 Utah Life Insurance youcomparequotes 4351
44 Texas Life Insurance youcomparequotes 4284
43 Tennessee Life Insurance youcomparequotes 4175
42 South Dakota Life Insurance youcomparequotes 4234
41 South Carolina Life Insurance youcomparequotes 4302
40 Rhode Island Life Insurance youcomparequotes 4073
39 Pennsylvania Life Insurance Quotes youcomparequotes 4575
38 Oregon Life Insurance Quotes youcomparequotes 4160
37 Oklahoma Life Insurance youcomparequotes 3973
36 Ohio Life Insurance youcomparequotes 3963
35 North Dakota Life Insurance youcomparequotes 4170
34 North Carolina Life Insurance Quotes youcomparequotes 3929
33 New York Life Insurance youcomparequotes 3957
32 New Mexico Life Insurance youcomparequotes 3901
31 New Jersey Life Insurance youcomparequotes 3780
30 New Hampshire Life Insurance youcomparequotes 3875
29 Nevada Life Insurance youcomparequotes 3784
28 Nebraska Life Insurance youcomparequotes 3718
27 Montana Life Insurance youcomparequotes 3999
26 Missouri Life Insurance youcomparequotes 4002
25 Mississippi Life Insurance youcomparequotes 3634
24 Minnesota Life Insurance youcomparequotes 3994
23 Michigan Life Insurance youcomparequotes 4229
22 Massachusetts Life Insurance youcomparequotes 3876
» Maryland Life Insurance youcomparequotes 3796
20 Maine Life Insurance youcomparequotes 3640
19 Louisiana Life Insurance youcomparequotes 3563
18 Kentucky Life Insurance youcomparequotes 3693
17 Kansas Life Insurance youcomparequotes 4105
16 Iowa Life Insurance youcomparequotes 3799
15 Indiana Life Insurance youcomparequotes 4028
14 Illinois Life Insurance youcomparequotes 3491
13 Idaho Life Insurance youcomparequotes 3539
12 Hawaii Life Insurance youcomparequotes 3522
11 Georgia Life Insurance Quotes youcomparequotes 3962
10 Florida Life Insurance youcomparequotes 3535
9 Delaware Life Insurance youcomparequotes 3869
8 Connecticut Life Insurance youcomparequotes 3786
7 Colorado Life Insurance youcomparequotes 3654
6 Colorado Life Insurance youcomparequotes 3869
5 California Life Insurance Information youcomparequotes 3384
4 Arkansas Life Insurance youcomparequotes 3424
3 Arizona Life Insurance Quotes youcomparequotes 3836
2 Alaska Life Insurance youcomparequotes 4199
1 Alabama Life Insurance youcomparequotes 3545
XE Login