Maryland's Top 21 Whole Life Insurance Firms

4
min read
Top 21 whole life insurance companies in Maryland Main

Maryland's Top 21 Whole Life Insurance Firms

4
min read
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Top 21 whole life insurance companies in Maryland Main
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The insurance industry in Maryland encompasses diverse companies offering an array of financial products designed to provide financial security and peace of mind. Most notably, whole life insurance companies are an integral part of this sector, providing policies that guarantee a death benefit while also having a cash value component that grows over time. These companies cater to individuals and businesses alike, offering tailored services that range from life and health insurance to retirement planning and financial fitness solutions. Firms like The Baltimore Life Insurance Company, Ashley Insurance and KIS Financial, LLC are contributing to a landscape where Maryland residents can access robust and adaptable insurance solutions. As the industry adapts with the rise of new technologies and increasing customer needs, the future points towards more innovative and customer-centric insurance solutions.


Top 21 whole life insurance companies in Maryland

1. The Baltimore Life Insurance Company

  • Website: baltlife.com
  • Headquarters: Owings Mills, Maryland, United States
  • Founded: 1882
  • Headcount: 201-500
  • LinkedIn

Baltimore Life Insurance Company offers life insurance, retirement planning, critical life needs, and financial fitness solutions. They provide products and services to individuals and workplaces, helping customers achieve financial security and peace of mind. Their corporate office is located in Owings Mills, MD.


2. Ashley Insurance

Ashley Insurance, Inc. is a Maryland-based insurance agency that offers a full range of personal and business insurance products. They provide coverage for auto, home, commercial, boat/watercraft, flood, health, life, motorcycle, and renters insurance. With offices on Maryland's Eastern Shore, Ashley Insurance has been serving customers since 1980 and aims to protect individuals, families, employees, and properties.


3. KIS Financial, LLC

KISFinancial, LLC specializes in retirement and college planning providing holistic approach for clients' needs. With a focus on maximized net retirement income, their services include life insurance, annuities, medical/health insurance, and long term care insurance, among others.


4. Financial Balance Group

Financial Balance Group is a financial organization in Rockville, Maryland that helps build your future by protecting what you have and then using tried and true products and strategies to minimize taxes, risks, and enhance wealth.


5. Balderson Insurance Agency

Balderson Insurance Agency is a Maryland-based insurance agency that offers a range of insurance services including personal and commercial insurance, life insurance, disability and health insurance, and more.


6. Barnes Family Agency

Barnes Family Agency offers life insurance solutions including mortgage protection, disability, retirement protection, and term life among other options.


7. United Schools Associates

  • Website: usa4you.com
  • Headquarters: Bowie, Maryland, United States
  • Headcount: 11-50

United Schools Associates (USA) is an insurance agency headquartered outside of Washington, D.C., specializing in group voluntary benefits for educators nationwide.


8. Transamerica

Transamerica is a financial services company offering a range of financial solutions including life insurance, annuities, mutual funds, employee benefits, and retirement plans. They are committed to helping people save, invest, protect, and retire with confidence.


9. Legal & General America

  • Website: lgamerica.com
  • Headquarters: Frederick, Maryland, United States
  • Founded: 1981
  • Headcount: 501-1000
  • LinkedIn

Legal & General America is a life insurance company that offers various types of protection to cover individuals and their families. They provide transparent coverage options and have a strong focus on customer satisfaction. With over 70 years of experience, they offer affordable life insurance to provide financial peace of mind.


10. Geba

  • Website: geba.com
  • Headquarters: Ft. Meade, Maryland, United States
  • Founded: 1957
  • Headcount: 11-50
  • LinkedIn

GEBA is a not-for-profit federal employee benefit association that offers high-quality insurance and investment products at competitive rates. They provide expert financial planning services to meet the needs of their members throughout all life stages and circumstances.


11. Greenberg, Wexler & Eig, LLC

  • Website: gwellc.com
  • Headquarters: Bethesda, Maryland, United States
  • Founded: 2001
  • Headcount: 11-50
  • LinkedIn

Greenberg, Wexler & Eig (GWE) is an independent, multiple-carrier insurance brokerage firm that specializes in life insurance. With a focus on putting clients' goals and objectives first, GWE offers exceptional service to individuals and families. They assist clients in assessing risk, examining resources, and finding the most suitable risk management products. GWE coordinates the implementation of these products with clients' estate and financial plans.


12. Atlantic Insurance Group LLC

Atlantic Insurance Group is an independent insurance agency offering a comprehensive set of insurance solutions to protect individuals and businesses from unexpected events.


13. Staples & Associates Insurance

Staples & Associates is an insurance brokerage firm offering a wide range of insurance products and financial services. With offices in Salisbury, Harrington, and Bethesda, they specialize in providing customized insurance programs to meet the needs of individuals and businesses. Their licensed professionals develop long-term relationships with clients, providing constant contact and annual insurance reviews to ensure clients' changing lives and businesses are adequately protected. They are licensed in multiple states, offering a comprehensive approach to insurance and financial needs.


14. Landmark Insurance & Financial Group, Inc.

Landmark Insurance & Financial Group, Inc. is an independent insurance agency that provides insurance and financial solutions to individuals and businesses. They are licensed in multiple states and offer a wide range of insurance coverage including business auto insurance, personal insurance, general liability insurance, workers' compensation insurance, and more. Their experienced team aims to protect and educate their clients while serving them with integrity.


15. Wetzel & Lanzi, Inc.

Wetzel and Lanzi, Inc. is an independent insurance agency based in Lutherville, Maryland. They specialize in providing various insurance coverages such as auto, homeowners, life, health, and flood insurance. With a dedicated team of experts, they offer personalized solutions and strive to address all client concerns.


16. R&a Insurance, INC.

  • Website: rarisk.com
  • Headquarters: Hunt Valley, Maryland, United States
  • Founded: 1964
  • Headcount: 11-50
  • LinkedIn

RARisk is an insurance agency that simplifies the process of purchasing insurance. We offer a wide range of insurance options and strive to find the best coverage for our customers at competitive prices. Our goal is to provide excellent customer service and individualized attention to each customer.


17. R.K. Tongue Co, Inc

  • Website: rktongue.com
  • Headquarters: Baltimore, Maryland, United States
  • Founded: 1911
  • Headcount: 11-50
  • LinkedIn

R.K. Tongue is a financial services company offering retirement wealth management, financial planning, and investment services. They also provide a range of insurance products including health, life, disability, and long-term care insurance. With expertise in the retirement industry, they offer tailored solutions to individuals, businesses, and professional associations.


18. Moran Insurance

Moran Insurance is an independent insurance agency that offers a wide range of insurance solutions for individuals and businesses. They provide coverage for personal and commercial properties, as well as professional liability insurance. Their offerings include disability insurance, group and individual health insurance, and long-term care insurance. They also offer services such as claims and billing assistance, and provide COVID-19 resources.


19. Capitol Benefits, LLC

Capitol Benefits is an independent insurance agency located in Gaithersburg, MD. They offer a wide range of insurance products including auto, home, life, and business insurance. Their team of experts provide personalized service and work with multiple highly-rated insurance companies to find the best coverage at competitive rates.


20. Senior Benefit Services, Inc.

Senior Benefit Services, Inc. is a field marketing organization specializing in the senior insurance market. They offer a variety of senior insurance products, including critical illness plans, dental, vision, and hearing insurance, home health care plans, hospital indemnity insurance, life insurance, long term care insurance, Medicare Advantage, Medicare Supplement, and Part D - Rx plans. They provide superior customer service and exceptional support to their agents.


21. CBIZ - M.T. Donahoe & Associates, LLC

  • Website: mtda.com
  • Headquarters: Columbia, Maryland, United States
  • Founded: 1982
  • Headcount: 11-50
  • Latest funding type: Acquired
  • LinkedIn

MTDA is a company that offers a range of insurance solutions, including medical, dental, vision, life, and disability coverage. They also provide Medicare supplement insurance for individuals retiring or losing employer coverage. With a focus on self-funding/alternative funding products, MTDA aims to meet the diverse healthcare needs of their customers.


Want to find more whole life insurance companies?


If you want to find more companies that offer life insurance, retirement planning and other value-added services you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


With Inven you'll also get to know the company's:


  • Ownership: Which of these are private equity backed? Which are family-owned?
  • Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
  • Financials: How do these companies perform financially? What are their revenues and profit margins?

...and a lot more!

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