What Is the Best Life Insurance for Masons? Explore All the Best Options in 2025 + YouTube Video
There are many excellent life insurance options available for masons offered by top-rated insurers. It’s important to explore these choices and gain a better understanding of your life insurance options.
As a Master Mason with over 40 years of experience in the fraternity, I am committed to helping our brethren find the best policy that suits their needs at the most affordable premiums.
Purchasing life insurance is a significant decision, and it’s wise to take your time and thoroughly research your options. Although the Masonic Life Insurance group plans are no longer available, you can still secure competitive rates for individual life insurance from reputable A-rated companies. This article will explain exactly what you need to know.
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Learn the Strategies for Purchasing Masonic Life Insurance
We’re here to answer all your questions and help you shop smartly, ensuring you make a confident and informed purchasing decision.
When considering Masonic Life Insurance, it’s important to grasp the basics and understand the different plan designs available. You don’t need to become an expert, but having a solid understanding of the fundamentals will help you make an educated choice.
While many of our brethren focus solely on price when searching for life insurance, it’s crucial to also consider the plan design to ensure you’re adequately insured.
Too often, people discuss the cost of insurance without fully understanding the product they’re planning to purchase. This approach is like putting the cart before the horse.
If you need assistance in understanding the process of shopping for life insurance, we’re here to help you seven days a week.
Benefits of Working with an Independent Insurance Agent
Choosing an independent insurance broker offers significant advantages for individuals and businesses seeking the best insurance solutions. Here are the key benefits:
1. Access to Multiple Insurance Companies
Independent brokers are not tied to a single insurer. They partner with a wide range of insurance companies, allowing them to shop for quotes and coverage options from multiple carriers on your behalf. This means you get a broader selection of policies and can compare prices and features to find the best fit for your needs.
2. Unbiased, Client-Focused Advice
Unlike captive agents, such as State Farm, who represent one company, independent brokers work for you-not the insurer. They offer objective recommendations based on your unique situation, ensuring you receive the most suitable coverage without bias toward any particular provider.
3. Personalized Service and Custom Coverage
Independent brokers take the time to understand your specific needs and risks. They tailor insurance solutions to your circumstances, helping you avoid overpaying for unnecessary coverage or leaving gaps in your protection. This personalized approach extends to ongoing service, including policy reviews and updates as your needs change.
4. Time and Money Savings
By gathering quotes and coverage details from multiple insurers, independent brokers save you the hassle of contacting each company individually. They streamline the process, often securing better rates and terms than you could find on your own.
5. One Point of Contact
If you decide to change insurance companies, your independent broker can continue to serve as your advisor and advocate. This continuity builds long-term relationships and ensures consistent support, regardless of which insurer you choose.
6. Advocacy and Claims Support
Should you need to file a claim, your independent broker acts as your advocate, guiding you through the process and working on your behalf to resolve issues with the insurer. This can lead to a smoother, less stressful claims experience.
7. Local Expertise and Community Connection
Many independent brokers are local business owners who understand the unique risks and needs of your community. They provide insights on region-specific exposures and contribute to the local economy through employment, taxes, and charitable involvement.
8. Ongoing Risk Management and Education
Independent brokers often provide additional services such as risk assessments, coverage reviews, and educational resources. They can help you stay informed about insurance trends and ensure your coverage keeps pace with your evolving needs.
Our Summary
Working with an independent insurance broker gives you more choices, unbiased expertise, personalized service, and a trusted advocate-making the insurance process simpler, more transparent, and better aligned with your best interests.
Understanding the Life Insurance Application Process | YouTube Video
Choose From Five Main Plan Designs
Term Life Insurance:
Term insurance is temporary life insurance that stays in force for a specific time. On average, affordable term life insurance is generally between 10-40 years.
Universal Life Insurance:
Universal Life is a permanent form of insurance that lasts for the rest of your life as long as you pay the premiums.
Keep in mind that universal life insurance does cost more than term insurance, but it lasts forever, unlike term insurance.
Whole Life Insurance:
Whole Life is another permanent product that keeps building up cash value as the year progresses, but whole life is financially impractical due to its high cost.
As a result, many companies do not offer this product any longer.
Senior Life Insurance:
Senior life insurance is also known as final expense life insurance for seniors or burial insurance. It can be purchased if the individual is in poor health and cannot quickly obtain conventional life insurance.
In the past, the request for this final expense life insurance was regarded as funeral insurance.
It would be great if each state’s Grand Lodge offered a full line of Masonic life insurance benefits to all its members, especially seniors.
No-Medical-Exam Life Insurance:
No medical exam, otherwise known as non-medical policies are a good choice if you are in good health and you need your coverage to begin in the least amount of time. If you do not like the idea of taking a short physical exam or getting a blood test, this is the policy for you.
The turnaround time for these no physical exam policies can be as as quick as one day, depending on the specific carrier you apply with. These policies do cost a little more, but not by much when compared to conventional policies.
How to Avoid Common Pitfalls When Purchasing Life Insurance
Buying life insurance is a significant financial decision, and avoiding common mistakes can help ensure your loved ones are properly protected. Here are expert-backed strategies to sidestep the most common pitfalls:
1. Accurately Assess Your Coverage Needs
Avoid underinsuring:
Many people underestimate how much coverage they need, leaving their families financially vulnerable. Experts recommend calculating your coverage based on your income, debts, future obligations (like college tuition), and the number of years your dependents will need support. A common rule of thumb is 10–12 times your annual income.
Consider all dependents:
Don’t forget to include stay-at-home parents or anyone whose loss would create a financial burden.
2. Don’t Rely Solely on Employer-Provided Life Insurance
Employer policies often offer limited coverage and may not follow you if you change jobs. Supplement group coverage with an individual policy tailored to your needs.
3. Shop Around and Compare Policies
Compare Masonic life insurance quotes:
Life insurance rates and features vary widely. Get quotes from multiple top life insurance providers through our quoting system and compare policy options, premiums, and features before deciding.
Check insurer ratings:
Research financial strength and customer service ratings to ensure your insurer is reliable.
4. Choose the Right Type and Term Length
Understand policy types:
Learn the differences between term, whole, and universal life insurance. Choose the type that best fits your goals and budget.
Select the appropriate term length:
For term life, pick a duration that covers your key financial obligations, such as the years until your mortgage is paid off or your children are independent.
5. Don’t Delay Your Purchase
Buy as early in life as possible:
Waiting increases the risk of developing health issues that can raise premiums or make you uninsurable. Rates are typically lower when you’re younger and healthier.
6. Review and Update Your Masonic Life Insurance Policy if Needed
Adjust as life changes:
Major life events-marriage, children, a new mortgage-should prompt a policy review. Update beneficiaries and coverage amounts as needed to keep your protection current.
Reassess every few years:
Even without major changes, review your policy every few years to ensure it still meets your needs.
7. Understanding Policy Details and the Fine Print
Read carefully:
Don’t skim policy documents. Understand exclusions, waiting periods, premium structures, and how loans or withdrawals may affect payouts.
Ask questions:
If anything is unclear, consult a licensed insurance agent or financial advisor.
8. Avoid Unnecessary Riders
Be selective:
Only add policy riders (like accidental death or waiver of premium) if they provide real value for your situation. Too many riders can increase costs without meaningful benefit.
Factors That Could Affect Your Premiums
1. Your Current Age
2. Your Health History
3. Driving Record (tickets, accidents, DUI, DWI, etc.)
4. Your Parent’s Life Longevity (early death, cancer, or heart disease)
5. Occupational Hazards (dangerous jobs)
6. Dangerous Sports or Hobbies
7. Height & Weight (overweight or obese)
8. Your Requested Face Amount (death benefit)
9. Type of Policy Applied For (term, whole life, etc.)
10. Your Credit Score
Your premiums will be mainly determined by your health. If you don’t have any health conditions and your height and weight are in check, you will be on your way to receiving the lowest rates possible.
Keep in mind that using tobacco products, especially smoking cigarettes, can increase your rates by over 250%
Reduce Your Search Time for Life Insurance
Finding the best life insurance for masons may seem challenging if you don’t have an agent helping you. Here are some common pitfalls to avoid:
1. Spending excessive time browsing multiple websites can lead to confusion rather than clarity. Focus on reputable sources to streamline your search.
2. Repeatedly reviewing the same comparisons can be redundant. Ensure you’re exploring new options and not just revisiting the same information.
3. Understanding policy details and plan designs is crucial. Speaking with an agent can provide valuable insights quickly and at no cost.
4. Be mindful of selecting the appropriate health class when using quoting systems. Rates like “Preferred Best” are reserved for very healthy applicants with no pre-existing medical conditions, so ensure you choose a category that accurately reflects your health status.
5. Comparing premiums across different websites might seem beneficial, but remember that life insurance rates are regulated by law in every state. A policy from the same company will have consistent pricing everywhere, so focus on finding the right coverage rather than simply the lowest price.
How to Shop for Life Insurance the Easy Way
Let an experienced independent agent simplify the process for you. Here are five ways to make it easier:
1. Connect with a knowledgeable independent agent, such as myself, who specializes in life insurance products. There is no cost or obligation for our assistance.
2. Share any medical concerns or details about a hazardous job or sport with us right away because these details are detrimental to your application. We can conduct a simple medical pre-screening if needed, which takes just a few minutes.
3. I’ll guide you through the various Masonic Life Insurance policy options available to you.
4. Use our quoting software to review the best online quotes. Instantly compare life insurance rates from over 40 top companies using our online system.
5. Apply over the phone, and we’ll walk you through the process step-by-step. Modern telephone applications are efficient and save you time.
Your Rates Will Never Be This Low Again
Your life insurance rates are currently at their lowest, and they will increase every year as you age. If you have any interest in applying for affordable life insurance, now is the time. As you get older, quoting rates rise, and procrastinating will always lead to higher costs.
Many Americans will put off purchasing a policy which only puts their families’ financial future in jeopardy. Additionally, as time goes on, the likelihood of developing medical conditions increases, which can affect your rates or even your ability to obtain life insurance.
All it takes is the right type of medical issue, such as a form of heart disease, to put an end to kicking the can around when shopping for life insurance. To avoid these challenges, it’s wise to apply and secure your rates as soon as possible, ensuring peace of mind for the future.
Best Life Insurance Companies to Apply With in (2025)
Choosing the right life insurance provider ensures financial security for your loved ones. Below, we highlight the top life insurance companies based on financial strength, policy options, and customer satisfaction.
1. Northwestern Mutual:
Founded: 1857
Reputation: The largest U.S. life insurer by market share (10.71%), Northwestern Mutual is a mutual company owned by its policyholders. It has an A++ (Superior) AM Best rating and consistently ranks high in customer satisfaction.
Key Strengths:
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Dividend payments: Distributed $8.2 billion in dividends to policyholders in 2025.
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Low complaints: Far fewer customer complaints than expected for its size.
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Policy flexibility: Term, whole, universal, and variable universal life options.
2. New York Life:
Founded: 1845
Reputation: A mutual company with an A++ AM Best rating and 7.22% market share.
Key Strengths:
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Stability: Over 175 years in operation.
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Customer satisfaction: Scores of 794/1,000 in J.D. Power’s survey.
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Policy types: Term, whole, universal, and variable universal life.
3. MassMutual:
Founded: 1851
Reputation: Holds a 6.44% market share and an A++ AM Best rating.
Key Strengths:
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High satisfaction: 809/1,000 J.D. Power score.
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Whole life focus: Strong permanent life insurance products.
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Dividends: Consistently pays dividends to eligible policyholders.
4. Lincoln Financial:
Founded: 1905
Reputation: Scores 843/1,000 on J.D. Power’s survey.
Key Strengths:
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Affordable term policies: Competitive rates for term life.
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Local Agents: Nationwide network for personalized service.
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Policy options: Term, whole, and universal life.
5. Guardian Life:
Founded: 1860
Reputation: A++ AM Best rating and 3.25% market share.
Key Strengths:
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Low lapse rates: Policies designed for long-term retention.
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Customizable riders: Chronic illness and accelerated death benefits.
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Mutual structure: Policyholder-owned since inception.
6. Pacific Life:
Founded: 1868
Reputation: A++ AM Best rating and 2.75% market share.
Key Strengths:
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Indexed universal life: Competitive policies tied to market indexes.
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Transparency: Detailed policy information on its website.
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Low complaints: Fewer customer issues than industry peers.
7. Mutual of Omaha:
Founded: 1909
Reputation: 805/1,000 J.D. Power score.
Key Strengths:
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Guaranteed issue: No medical exam required for some policies.
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Simplified underwriting: Quick approvals for qualified applicants.
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Term and whole life: Diverse coverage options.
8. Penn Mutual:
Founded: 1847
Reputation: 1.9% market share and an A+ AM Best rating.
Key Strengths:
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High-net-worth focus: Tailored solutions for estate planning.
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Dividend history: Over 170 years of consistent payouts.
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Policy types: Term, whole, and indexed universal life.
9. Nationwide:
Founded: 1926
Reputation: 840/1,000 J.D. Power score.
Key Strengths:
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Hybrid policies: Combines life insurance with long-term care riders.
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Financial strength: A+ AM Best rating.
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Customer service: Low complaint ratios.
10. Protective Life:
Founded: 1907
Reputation: 2.63% market share and an A+ AM Best rating.
Key Strengths:
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Term life focus: Affordable coverage with conversion options.
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Online tools: User-friendly premium calculators.
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Indexed universal life: Cash value growth potential.
11. Prudential:
Founded: 1875
Reputation: 3.5/5 NerdWallet rating and 5.08% market share.
Key Strengths:
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Innovative products: Indexed variable universal life.
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Global reach: Policies available in over 40 countries.
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Custom Riders: Chronic and terminal illness benefits.
12. Transamerica:
Founded: 1906
Reputation: 3.0/5 NerdWallet rating.
Key Strengths:
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Budget-friendly term: Low-cost options for young families.
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Indexed universal life: Market-linked cash value growth.
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Online accessibility: Simplified application process.
How to Choose the Best Life Insurance Company
When comparing top life insurance providers, consider:
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Financial ratings (e.g., AM Best A++ or A+).
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Policy types (term, whole, universal).
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Customer satisfaction (J.D. Power scores).
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Rider availability (chronic illness, disability).
You Can Apply for Masonic Life Insurance in Three Ways
Applying for life insurance can be done through three methods, but the telephone method is the most effective.
Paper Applications:
Paper applications have always been the most time-consuming of all. Most people don’t appreciate a conventional 30-page application. In addition, if your handwriting is not legible or you miss a question, the application will be delayed, not to mention the writer’s cramp.
Online Applications:
New and improved online applications are usually much easier for the applicant to complete. The only stipulation is that the applicant must have a computer and some essential internet experience.
Telephone Applications:
Telephone applications are the best way to apply for life insurance. On top of that, telephone applications only take about 15-20 minutes, and all you have to do is listen to the questions and then answer them over the phone.
It does not get any easier than that. Today, modern telephone applications are the number one choice for applying for life insurance.
Have Questions? We are Here to Help You 7 Days a Week
If you want to compare Masonic life insurance rates, complete the form on the right side of this page, or use our instant quote form. You can quickly begin comparing the best rates from the top-rated companies.
A modern quote engine like ours will instantly display rates from over 40 insurers.
All of the premiums you see are up-to-date and accurate. Whatever you do, don’t hesitate to contact us with any questions you may have. There is never any cost or obligation for our help.
All the best,
Jack Venturi