Life insurance by state · MA
Life insurance in Massachusetts
What Massachusetts law gives you, which carriers quote in Massachusetts, and how to get covered — from an independent agency licensed in Massachusetts.
The short answer
Massachusetts residents can choose from 9 final expense and 14 term life carriers we work with that quote in Massachusetts. New policies typically come with a 10-day free look, and the state guaranty association backs life insurance death benefits up to $300,000.
Your protections in Massachusetts
| Regulator | Massachusetts Division of Insurance |
|---|---|
| Free-look period | Typically at least 10 days · 20 days (not 30) for replacement policies (211 CMR 34.06(1)(d)) |
| Guaranty association | Massachusetts Life & Health Insurance Guaranty Association: up to $300,000 death benefit, $100,000 cash value (overall per-person cap applies) |
| Community property state | No |
| State estate / inheritance tax | Estate tax: yes · Inheritance tax: no — No Massachusetts estate tax is due if the federal taxable estate is $2,000,000 or less (M.G.L. c. 65C § 2A, deaths on or after 1/1/2023). The base is the federal gross estate, so life insurance the deceased owned (or payable to the estate) can count toward the threshold. |
Good to know in Massachusetts
- Under M.G.L. c. 175, § 119C, individual life insurance death proceeds must include interest starting 30 days after the insured's death, at the insurer's rate for proceeds left on deposit (or 6% if the insurer pays no such rate). Source
- Under 211 CMR 31.06, when a Massachusetts pre-need funeral arrangement is funded by life insurance, the buyer must be told before paying the first premium that a life policy is being used, how it funds the arrangement, any penalties for lapse or surrender, and that a sales commission is being paid. Source
Carriers we work with that quote in Massachusetts
Final expense / burial: Aetna · American Amicable · Americo · Fidelity · Foresters · Mutual of Omaha · NewBridge · Transamerica · UHL
Term life: American Amicable · Americo · Catholic Financial · Foresters · InstaBrain · John Hancock · Kansas City Life · Mutual of Omaha · National Life Group · Primerica · Protective · SBLI · Transamerica · UHL
From our quoting system’s Massachusetts results (September 2026). Product availability and rules vary by carrier and change over time.
How to get covered in Massachusetts
- Figure out how much you need — final expense calculator or mortgage protection calculator.
- See typical prices by age — life insurance cost by age.
- Tell us your health history — we match you to the Massachusetts carrier most likely to approve you at the best price (condition guides).
- Apply by phone with an e-signature — many decisions are instant or same-day.
Licensed in Massachusetts. Compare dozens of carriers in one free call — no pressure.
Get my quotes → Call 586-343-1505Sources: Regulator · Guaranty association · Free-look rule · Estate/inheritance tax
Straight answers
Life insurance in Massachusetts — FAQ
How long is the free-look period for life insurance in Massachusetts?
New individual life insurance policies sold in Massachusetts typically give you at least 10 days to review the policy and cancel for a full refund (20 days (not 30) for replacement policies (211 CMR 34.06(1)(d))). The exact window is printed on your policy’s first page.
What happens to my life insurance if the company fails in Massachusetts?
The Massachusetts Life & Health Insurance Guaranty Association protects Massachusetts residents up to $300,000 in life insurance death benefits and $100,000 in cash value, subject to an overall per-person cap. It’s a backstop — choosing a financially strong carrier still matters.
Who regulates life insurance in Massachusetts?
The Massachusetts Division of Insurance. You can verify an agent’s license or file a complaint with them.
Can I buy life insurance in Massachusetts by phone?
Yes. United Eagles Financial is licensed for life insurance in Massachusetts; most applications are done by phone or video with an electronic signature.