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Monumental Life

Monumental Life Company was formed in Baltimore, Maryland in 1858. By the 1880s, Monumental Life, then called Mutual Life Insurance Company of Baltimore, had started issuing life insurance policies on children. During the early 1900s, the Company had $2.6 million of insurance policies, a number that equals roughly $51 million in today’s dollars.

In 1935, Monumental Life officially came into existence, with a name change to reflect host city Baltimore's name, the "Monumental City." During the 1980s, Monumental Life held $4 billion of insurance. Monumental Life, in existence for over 150 years, is planning on continuing to service the needs of clients into well the 21st century. As of April, 2003, Monumental Life has an A+ rating form A.M. Best, a AA+ rating from Fitch, and a AA rating from Standard & Poor's. This tells you that Monumental Life is not only strong and stable, but you and yours will be protected in the future.

Today, Monumental Life offers insurance in twenty-one states, including California, Nebraska, Florida, Michigan, and South Carolina. Monumental Life offers term life insurance, whole life insurance, interest sensitive whole life insurance, universal life insurance, and health coverage.

• Term life insurance can be purchased for a specific period of time or for a specific purpose, such as covering the costs of a child's education.
• Whole Life Insurance covers an indeterminate period of time and increases in value.
• Interest Sensitive Whole Life Insurance takes Whole Life Insurance and adds in interest payments.
• Universal Life Insurance offers policy holders flexibility with the ability to take advantage of changing interest rates.
• Monumental Life's health coverage offers policies that are considered to be supplemental to other insurance plans in case of accidents, injuries, or unexpected illnesses.

Monumental Life proudly gives back to its community. The company is involved with the Baltimore Symphony Orchestra, the Boy Scouts of America, Walters Art Gallery, the United Way, and other notable organizations.

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