Maryland Term and Universal Life Insurance

Maryland Life Insurance Resources

Whole Life Insurance is permanent Maryland Term and Universal Life Insurance protection for your entire life, usually to age 100. A Whole Life policy is contractually guaranteed not to lapse, provided that you pay sufficient premiums each year to keep the policy in force. Besides permanent lifetime insurance protection, Whole Life Insurance features a savings element that allows you to build cash value on a tax-deferred basis. A portion of the premiums you pay build up the savings element of the policy and are invested by the company. The interest rate return on your investment is added to the savings portion of the policy. This is how the policy builds cash value. In addition to crediting your policy with interest, “participating” policies issued by mutual insurance companies may also give you the opportunity to earn dividends. Dividends are a NON-guaranteed return of part of the premium intended to reflect a company’s favorable operating experience.

Maryland Department of Insurance  – The state insurance department website includes consumer and licensee resources including a listing of all licensed life insurance agents and companies which make up the Maryland Life insurance market.


Maryland Life & Health Insurance Protection Association: The state life insurance guaranty association works to guarantee the safety of all Maryland Life Insurance coverage, even in the face of an insolvency by a member life insurance company.

Maryland Life Insurance Company Ratings: AM Best is the most prominent ratings company reviewing Maryland Life Insurance Companies based on their ability to pay claims. At Life Insurance.Net we work only with A and A+ rated life insurance companies.

Here is a complete list of the State Departments of Insurance.

Learn more about our wonderful state. Check out Netstate’s Maryland State Almanac.

Our life insurance agents service all communities in Maryland including:

  • Baltimore
  • Frederick
  • Rockville
  • Gaithersburg
  • Bowie
  • Annapolis

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