Life insurance companies in Massachusetts play a crucial role in providing financial security for families and individuals, ensuring peace of mind during uncertain times. The industry includes various players ranging from established giants to smaller, specialized agencies, offering a mix of products such as term, whole, and universal life insurance. With a focus on community engagement and personalized service, Massachusetts firms emphasize tailored solutions for their clients. As technology and consumer preferences evolve, these companies are adapting with innovative offerings and streamlined processes, reflecting trends shaping the future of financial planning and risk management in the insurance sector.


The companies featured here range in size from small family-owned agencies to larger firms with expansive operations. Headquartered throughout Massachusetts in cities like Boston and Worcester, these firms have been founded as early as 1901 to more recent establishments in 2021. With specializations that cover an array of insurance products, including life, health, and long-term care solutions, these agencies serve both individual clients and businesses, emphasizing personalized service and financial planning strategies.


Continue reading to discover top life insurance companies in Massachusetts.


Top 20 Life Insurance Companies in Massachusetts


1. Liberty Mutual Insurance Company


Liberty Mutual Insurance Company, founded in 2018 and based in Boston, Massachusetts, is a private insurance provider that offers a wide array of insurance products. These include auto, property, life, and identity theft insurance. The company caters to both individual consumers and businesses, providing tailored coverage solutions designed to protect assets and mitigate financial risks. Liberty Mutual's life insurance offerings include term life, whole life, and guaranteed acceptance whole life policies, aimed at ensuring financial security for families. Despite its relatively recent establishment, Liberty Mutual has positioned itself as a significant player in the insurance market, with a focus on customer service and customizable insurance solutions. The company has not reported any funding, indicating it operates independently without external financial backing.


2. Downey Insurance Group

  • Website: downeyinsurance.com
  • Ownership type: Private
  • Headquarters: Marlborough, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1928
  • Headcount: 11-50
  • LinkedIn: downey-insurance-group

Downey Insurance Group is an insurance agency and financial services provider based in Marlborough, Massachusetts. Founded in 1928, the company has built a reputation for offering a wide array of insurance products, including personal and commercial insurance. Their offerings extend to life insurance, where they provide various options such as term life, whole life, universal life, and variable life insurance. In addition to life insurance, Downey Insurance Group also provides financial services, including IRA and portfolio analysis, catering to both individual and business clients. The agency prides itself on delivering high-quality protection and superior customer service, making it a trusted choice for insurance needs in Massachusetts and New England.


3. Ksk Insurance Inc

  • Website: kskinsuranceco.com
  • Ownership type: Private
  • Headquarters: Easthampton, Massachusetts, United States (USA)
  • Employee distribution: Thailand 100%
  • Founded year: 1980
  • Headcount: 11-50
  • LinkedIn: ksk-insurance-inc

Ksk Insurance Inc, based in Easthampton, Massachusetts, is a private insurance agency that has been serving clients since 1980. The agency specializes in a variety of insurance products, including auto, home, business, and life insurance. With a team of 11 to 50 employees, Ksk Insurance focuses on providing tailored insurance solutions to both individual consumers and businesses. Their commitment to personalized service is evident in their approach to customer interactions, where they emphasize understanding client needs and ensuring satisfaction. Ksk Insurance is also involved in the local community, serving various regions in Massachusetts. They have established relationships with over 50 insurance companies, allowing them to offer competitive life insurance options, including term life, whole life, and universal life policies. The agency prides itself on its claims service, advocating for clients to ensure they receive the coverage they are entitled to. However, there is no reported funding or significant financial backing, which may limit their growth potential in a competitive market.


4. Dolan & Maloney Insurance Agency LLC

  • Website: dmia.com
  • Ownership type: Family Owned
  • Headquarters: Westborough, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 73%, India 27%
  • Founded year: 1983
  • Headcount: 1-10
  • LinkedIn: dolan-%26-maloney-insurance-agency-llc

Dolan & Maloney Insurance Agency LLC, based in Westborough, Massachusetts, is a family-owned insurance agency that has been serving clients since its establishment in 1983. The agency offers a variety of insurance products, including auto, home, commercial, and life insurance. With a commitment to personal service, Dolan & Maloney emphasizes building relationships with clients and understanding their unique insurance needs. The agency operates primarily in Massachusetts and has a small team of dedicated professionals who provide tailored insurance solutions. Their life insurance offerings include options such as whole life, term life, and universal life insurance, aimed at helping clients secure financial protection for their families. The agency prides itself on its local roots and community involvement, having built a reputation for reliability and trustworthiness over the decades.


5. Comparion Insurance Agency


Comparion Insurance Agency, founded in 2022 and based in Boston, Massachusetts, is a private insurance agency that provides a wide range of insurance products. These include auto, home, life, and specialty insurance. The agency operates through a network of local agents who offer personalized advice and assistance to consumers. With over 2,000 insurance agents and partnerships with more than 50 insurance carriers, Comparion aims to simplify the insurance process for individuals and families. Their agents are trained to provide expert guidance, helping clients navigate the complexities of insurance coverage. As one of the largest personal lines agencies in the U.S. by premium, Comparion focuses on delivering tailored insurance solutions to meet the unique needs of their clients. They emphasize the importance of local agents who understand the specific requirements of their communities, thereby enhancing the customer experience.


6. Lapointe Insurance

  • Website: lapointeins.com
  • Ownership type: Private
  • Headquarters: Fall River, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1960
  • Headcount: 11-50
  • LinkedIn: lapointe-insurance

Lapointe Insurance, based in Fall River, Massachusetts, has been a fixture in the insurance industry since its founding in 1960. The agency specializes in a variety of insurance products, including home, auto, business, and notably, life insurance. With a team of independent agents, Lapointe Insurance is dedicated to finding the best coverage options for both individuals and businesses across New England. Their approach emphasizes personalized service, ensuring that clients receive tailored insurance solutions that meet their specific needs. The agency prides itself on its efficiency and commitment to customer service, utilizing a fully digital process to streamline interactions and policy management. This focus on technology, combined with their deep local roots, positions Lapointe Insurance as a reliable choice for clients seeking comprehensive insurance coverage.


7. Herlihy Insurance Group

  • Website: herlihygroup.com
  • Ownership type: Private
  • Headquarters: Worcester, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 90%, United Kingdom (UK) 10%
  • Founded year: 1927
  • Headcount: 11-50
  • LinkedIn: herlihy-insurance-group

Herlihy Insurance Group, based in Worcester, Massachusetts, is a private insurance agency that has been serving clients since 1927. With a team of approximately 30 employees, the company specializes in providing a variety of insurance solutions, including personal and business insurance, as well as financial services. Their offerings include home, auto, and notably, life insurance, catering to individuals, families, and businesses. The agency prides itself on being a trusted advisor, focusing on tailored insurance solutions that meet the specific needs of their clients. Herlihy Insurance Group is also actively involved in community service, with initiatives that support local organizations and charities, further solidifying their commitment to the communities they serve. This local engagement, combined with their extensive experience in the industry, enhances their reputation as a reliable insurance provider.


8. Greylock Insurance Agency


Greylock Insurance Agency, founded in 2004 and based in Pittsfield, Massachusetts, is a private insurance agency that provides a range of insurance products, including life insurance, auto insurance, homeowners insurance, and renters insurance. With a team of 11 to 50 employees, the agency serves both individual consumers and businesses, helping them manage risks and protect their assets through customized insurance solutions. As a wholly-owned subsidiary of Greylock Federal Credit Union, the agency benefits from the credit union's established reputation and resources, allowing it to offer competitive insurance options. Greylock Insurance Agency is dedicated to understanding the unique needs of its clients, ensuring that they receive the right coverage to safeguard their financial well-being. Their commitment to customer service and community involvement further enhances their standing in the insurance industry.


9. First American Insurance Underwriters

  • Website: faiu.com
  • Ownership type: Family Owned
  • Headquarters: Needham, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1980
  • Headcount: 11-50
  • LinkedIn: first-american-ins

First American Insurance Underwriters, based in Needham, Massachusetts, has been operational since 1980. This family-owned agency specializes in life insurance, long-term care, disability income, and annuities. They primarily serve wealth managers and insurance advisors, providing them with competitive insurance solutions tailored for high-net-worth clients. The company prides itself on its ability to navigate complex cases, offering extensive support and resources to its partners. Their focus on sophisticated and impaired risk cases has allowed them to build a strong reputation in the industry. They also provide a range of tools and resources to assist advisors in managing their clients' needs effectively, ensuring a seamless experience from quote to application. With a dedicated team and a commitment to client service, First American Insurance Underwriters continues to be a relevant player in the life insurance market.


10. SterlingBridge Insurance Agency


SterlingBridge Insurance Agency, based in Worcester, Massachusetts, has been a significant player in the insurance industry since its founding in 1979. The agency specializes in a range of life and health insurance products, including term, universal, and whole life insurance, as well as annuities and disability insurance. They cater primarily to insurance advisors and financial institutions, providing a digital platform that streamlines the insurance application process. This platform allows for quick quoting, application submissions, and case management, enhancing the efficiency of insurance transactions. SterlingBridge prides itself on its white-glove service, ensuring that clients receive personalized support throughout their insurance journey. Their team of experienced professionals is dedicated to helping advisors navigate complex insurance needs, making them a trusted resource in the industry. The agency collaborates with numerous well-known carriers, ensuring a broad selection of products for their clients. With a workforce of around 22 employees, SterlingBridge maintains a focused approach to service and technology, positioning itself as a valuable partner for financial professionals.


11. Duffy Insurance Agency, Inc.

  • Website: duffyins.com
  • Ownership type: Corporate
  • Headquarters: Lynn, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: February 2023
  • Founded year: 1996
  • Headcount: 51-200
  • LinkedIn: duffy-insurance

Duffy Insurance Agency, Inc., established in 1996, is an insurance agency based in Lynn, Massachusetts. The company specializes in a variety of insurance products, including auto, homeowner's, business, and notably, life insurance. With a workforce of approximately 26 employees, Duffy Insurance has built a reputation for personalized service and tailored coverage solutions aimed at meeting the unique needs of individuals, families, and businesses in Massachusetts. The agency has been proactive in expanding its footprint, recently acquiring multiple insurance agencies, which positions it as one of the larger insurance agencies in the state. This growth reflects their commitment to enhancing their service offerings and maintaining relevance in the competitive insurance market.


12. Guardian Insurance LLC.

  • Website: guardian-insure.com
  • Ownership type: Private
  • Headquarters: Easton, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2021
  • Headcount: 1-10
  • LinkedIn: guardian-insure

Guardian Insurance LLC is an insurance agency based in Easton, Massachusetts, founded in 2021. The company offers a wide array of insurance products, including auto, home, life, and business insurance. It serves both individual consumers and businesses, aiming to help them manage risks and protect their financial interests. Guardian Insurance emphasizes customer service, providing various online services such as claims reporting, policy changes, and consultations. Despite its focus on life insurance among other products, the agency's recent entry into the market and limited size may impact its competitive standing in the life insurance industry.


13. Bearingstar Insurance

  • Website: bearingstar.com
  • Ownership type: Private
  • Headquarters: Norwood, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2009
  • Headcount: 51-200
  • LinkedIn: bearingstar-insurance

Bearingstar Insurance, founded in 2009 and based in Norwood, Massachusetts, operates as a private insurance agency. With a workforce of approximately 148 employees, the company serves individuals, families, and businesses across Massachusetts and Connecticut. Bearingstar offers a range of insurance products, including homeowners, auto, and life insurance, emphasizing local service and community expertise. Their approach is to provide tailored insurance solutions that protect clients' assets and manage risks effectively. The agency is part of the Arbella Insurance Group, which may enhance its credibility and resource access within the insurance industry. Bearingstar's commitment to customer service is evident in their multiple locations and the personalized attention they offer to clients, making them a notable player in the local insurance market.


14. Sapers & Wallack, Inc.

  • Website: sapers-wallack.com
  • Ownership type: Family Owned
  • Headquarters: Newton, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1932
  • Headcount: 11-50
  • LinkedIn: sapers-%26-wallack-inc-

Sapers & Wallack, Inc. is a family-owned financial services firm based in Newton, Massachusetts, established in 1932. The company provides a range of solutions, including life insurance, long-term care insurance, disability insurance, and property and casualty insurance. They cater to both individuals and businesses, focusing on helping clients achieve financial security and manage their assets effectively. Sapers & Wallack emphasizes personalized service, aiming to build long-term relationships with their clients. Their team consists of accredited professionals who bring extensive experience to the table, ensuring that clients receive tailored advice and solutions. The firm has a strong commitment to financial planning and wealth management, further solidifying its role in the insurance industry.


15. Murphy Insurance Agency

  • Website: dfmurphy.com
  • Ownership type: Family Owned
  • Headquarters: Hudson, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1937
  • Headcount: 51-200
  • LinkedIn: d--francis-murphy-insurance-agency

Murphy Insurance Agency, established in 1937, is a family-owned insurance agency based in Hudson, Massachusetts. With a workforce of approximately 74 employees, the agency specializes in a wide array of insurance products, including personal and business insurance. They cater to individuals, families, and businesses, helping them manage risks and protect their assets through customized insurance solutions. The agency operates primarily in Massachusetts and extends its services to neighboring states such as Connecticut, Maine, New Hampshire, Rhode Island, and Vermont. Murphy Insurance Agency emphasizes a client-centric approach, focusing on building long-term relationships and providing guidance on insurance matters. Their offerings include life insurance, disability insurance, and long-term care insurance, showcasing their commitment to securing the financial future of their clients. The agency prides itself on being an independent agent, which allows them to compare various options to find the best coverage for their clients' unique needs.


16. Segreve & Hall Insurance Associates Inc.


Segreve & Hall Insurance Associates Inc. is an insurance agency based in Andover, Massachusetts, established in 1991. With a team of 19 employees, the company specializes in a range of personal and commercial insurance products, including life insurance and employee benefits. They cater to both individual consumers and businesses, helping clients manage risk and protect their assets through customized insurance solutions. Their financial services department emphasizes the importance of life insurance as a cornerstone of sound financial planning. The agency has built a reputation for integrity and dependability, earning recognition as the 'Best Of' Insurance Agency for Andover & North Andover in multiple years. Their commitment to community service and client satisfaction is evident in their operational philosophy, which prioritizes building relationships and providing exceptional service.


17. The Feingold Companies

  • Website: feingoldco.com
  • Ownership type: Private
  • Headquarters: Worcester, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1935
  • Headcount: 11-50
  • LinkedIn: the-feingold-companies

The Feingold Companies, based in Worcester, Massachusetts, is an insurance agency and financial services firm that has been operational since 1935. Initially founded as Feingold Insurance, the company has evolved to include Feingold Financial Management and Feingold Employee Benefit Services. This evolution reflects their commitment to meeting the needs of both individual consumers and businesses. They offer a wide array of insurance products, including life insurance, alongside financial planning and management services. Their focus is on helping clients protect their assets and manage financial risks effectively. With a team of insurance specialists and financial advisors, The Feingold Companies aims to provide tailored solutions that cater to the specific needs of their clients. Their long history in the industry and dedication to customer service position them as a relevant player in the life insurance sector.


18. O'Donoghue Insurance Agency

  • Website: odinsurance.com
  • Ownership type: Family Owned
  • Headquarters: Boston, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1901
  • Headcount: 1-10
  • LinkedIn: o%27donoghue-insurance-agency

O'Donoghue Insurance Agency, based in Boston, Massachusetts, has been a fixture in the insurance industry since its founding in 1901. As a family-owned independent agency, it has built a reputation for providing quality insurance products and exceptional service across New England. The agency offers a comprehensive range of insurance solutions, including personal auto, homeowners, life, health, and business insurance. With a focus on personalized service, O'Donoghue Insurance Agency tailors its offerings to meet the unique needs of both individual consumers and businesses. The agency is licensed in 17 states and has a team of experienced professionals dedicated to helping clients manage risks and protect their assets. Their affiliation with over 20 well-rated insurance carriers allows them to provide clients with a variety of options, ensuring that they can find the right coverage for their needs. O'Donoghue Insurance Agency's commitment to service and stability has made it a trusted choice for insurance in the region.


19. Vargas & Vargas Insurance


Vargas & Vargas Insurance, founded in 1988, is a private insurance agency based in Dorchester, Massachusetts. With a team of 11 to 50 employees, the agency specializes in providing tailored insurance solutions to both individuals and businesses. Their product offerings include auto, home, commercial, and life insurance, among others. The agency prides itself on delivering personalized service, helping clients navigate their insurance needs and manage risks effectively. Operating primarily in Massachusetts, Vargas & Vargas Insurance emphasizes building strong relationships with clients and ensuring they receive the coverage that best fits their unique situations. The agency has not reported any funding, indicating it operates independently without external financial backing.


20. Bender Hatch Insurance

  • Website: benderhatch.com
  • Ownership type: Family Owned
  • Headquarters: Boston, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1912
  • Headcount: 11-50
  • LinkedIn: benderhatchinsurance

Bender Hatch Insurance is a family-owned insurance agency based in Boston, Massachusetts, with a history that spans over a century. Founded in 1912, the agency has evolved through the merger of Nancy Z. Bender Insurance and H.R. Hatch Insurance, both of which have a strong commitment to customer service and tailored insurance solutions. Bender Hatch offers a range of insurance products, including auto, home, business, and notably, life insurance. The agency prides itself on providing personalized service, ensuring that clients receive insurance packages that meet their specific needs. Bender Hatch is also actively involved in the insurance community, with team members participating in industry events and continuing education programs. Their leadership is recognized within the industry, as evidenced by their executives holding positions on boards of local insurance associations. This engagement reflects their dedication to both their clients and the broader insurance community.



Life Insurance Insights: Key Companies in Massachusetts


CompanyHeadquarterSizeFoundedOwnership
Liberty Mutual Insurance CompanyBoston, Massachusetts, United States (USA)501-10002018Private
Downey Insurance GroupMarlborough, Massachusetts, United States (USA)11-501928Private
Ksk Insurance IncEasthampton, Massachusetts, United States (USA)11-501980Private
Dolan & Maloney Insurance Agency LLCWestborough, Massachusetts, United States (USA)1-101983Family Owned
Comparion Insurance AgencyBoston, Massachusetts, United States (USA)1001-50002022Private
Lapointe InsuranceFall River, Massachusetts, United States (USA)11-501960Private
Herlihy Insurance GroupWorcester, Massachusetts, United States (USA)11-501927Private
Greylock Insurance AgencyPittsfield, Massachusetts, United States (USA)11-502004Private
First American Insurance UnderwritersNeedham, Massachusetts, United States (USA)11-501980Family Owned
SterlingBridge Insurance AgencyWorcester, Massachusetts, United States (USA)51-2001979Private
Duffy Insurance Agency, Inc.Lynn, Massachusetts, United States (USA)51-2001996Corporate
Guardian Insurance LLC.Easton, Massachusetts, United States (USA)1-102021Private
Bearingstar InsuranceNorwood, Massachusetts, United States (USA)51-2002009Private
Sapers & Wallack, Inc.Newton, Massachusetts, United States (USA)11-501932Family Owned
Murphy Insurance AgencyHudson, Massachusetts, United States (USA)51-2001937Family Owned
Segreve & Hall Insurance Associates Inc.Andover, Massachusetts, United States (USA)11-501991Private
The Feingold CompaniesWorcester, Massachusetts, United States (USA)11-501935Private
O'Donoghue Insurance AgencyBoston, Massachusetts, United States (USA)1-101901Family Owned
Vargas & Vargas InsuranceBoston, Massachusetts, United States (USA)11-501988Private
Bender Hatch InsuranceBoston, Massachusetts, United States (USA)11-501912Family Owned


Want to Find More Life Insurance Companies?

If you want to find more companies that offer various life insurance products and financial 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:

  • Detailed Ownership: Who owns the company? Is it a public or private company? What is the ownership structure?
  • Contact data: Who are the founders 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!