Life Insurance and Annuities
Main_Content
Welcome!
Your need for life insurance varies with your age and family responsibilities . It is a very important part of financial planning. There are several reasons to purchase life insurance . You may need to replace income that would be lost with the death of a wage earner. You may want to make sure your dependents do not incur significant debt when you die. Life insurance may allow them to protect assets versus selling them to pay outstanding bills or taxes. Consumers should consider the following factors when purchasing life insurance:
- Medical expenses incurred prior to death, burial costs and estate taxes;
- Support while surviving family members try to secure employment; and
- Monthly bills and expenses, day-care costs, college tuition and retirement
While the Maryland Insurance Administration does not sell insurance and we cannot recommend a particular policy or insurance company, we do want to help you learn what types of coverage are available. Additionally, we are here to assist you
if you have a complaint involving an insurer, an insurance producer, public adjuster or adviser.
General Information
Miscellaneous
Annuities
Videos
- Life Insurance for Young Adults:
Video
- Webinar: Annuities 101:
Video
- Don't let life insurance policy benefits go unclaimed:
Video
- How to find a missing life insurance policy:
Video
- How to Purchase life insurance:
Video
- What is Universal Life Insurance? Video
- The LIfe and Health unit is here to help:
Video
- The Life and Health Complaints unit may be able to Help:
Video
Center_Content
Read our
Consumer Publications. These materials provide information about most types of insurance from auto, homeowners, health and life policies to annuities, title insurance and coverage for boats.
If your community group, HOA or organization is interested in a virtual presentation contact Joyce Peach at
joyce.peach@maryland.gov.
Are you interested in requesting a speaker? Click
HERE!
