Whole Life and Term Life Insurance Policy Information

Term Life and Whole Life Insurance Policy - Connecticut

Life Insurance can help protect your family and is an excellent way to
accumulate money for college, retirement or unplanned expenses. A person
should have life insurance that approaches six to eight times their annual gross
income. Under current laws, there is generally no federal income tax on death
benefits paid to a named beneficiary.

Using the strength and experience of our life insurance
markets we offer affordable whole life and term life
insurance policies.

Term Life Insurance Policy Information

Life insurance coverage for a specified length of time.
A term life insurance policy is usually purchased with a
particular need in mind. Beneficiaries will collect,
usually tax free, the face value of the policy upon the
insured (your) death.

Term life is attractive for those with a limited income, high
short term insurance needs, or for personal family protection.

If the insured survives the time period, the policy expires.
There is no cash value at the expiration of a term life
insurance policy. Some policies have a convertible feature
permitting a policyowner to exchange a term policy for a
cash value policy without evidence of insurability.

Level Term Life Insurance Policy Features

A constant death benefit and a level premium for a
specified number of years. We offer 5, 10, 15, 20, and
30 year terms.

Decreasing Term Life Insurance Policy Features

Has a decreasing death benefit and a level premium.

Click on the link below to fill out a quote request form for
a term life insurance policy that will provide excellent life
insurance coverage at an affordable cost. Or speak with
our Life Insurance agent specialist at 203-351-9898

to discuss the policy features in more detail.

Click HERE to fill out a

Term Life Insurance Policy

Quote Request Form

Whole Life Insurance Policy Information

The most popular choice for those seeking to cover permanent needs, such as
contributing to a survivor's nest egg, paying off final expenses, etc. Whole life insurance
provides permanent, lifelong insurance coverage. The benefit amount remains the same
and is payable to the beneficiary(s) at the time of the insured's (your) death. It also
offers an opportunity to build cash value, so you can take a loan on your policy to fund
major purchases or to provide for unexpected costs.

Whole life insurance has a fixed premium and a level death benefit to age 100. The
premiums don't increase with age, which averages the cost of the policy over your life.
The cash value increases with time until it equals the death benefit at age 100. This type
of policy never has to be renewed or converted. The cash value is an amount of money
that you are guaranteed to receive in the event of policy cancellation.

Variations of Whole Life Insurance include:

Modified Premium - lower fixed premium for the first 3 or 5 years, and then
premiums increase. These policies work well for individuals that expect to improve
their financial condition in the near future.

Graded Premium - premium increases each year for the first 5 years, and then is
fixed.

Advantages of Whole Life Insurance

1. guaranteed protection for life

2. level death benefit that is generally tax-free

3. premiums do not increase in correlation with your age

4. cash may accumulate tax-deferred

Disadvantages of Whole Life Insurance

1. premium costs may make it difficult to buy enough

2. need to carry a whole life policy for a considerable length of time to be very beneficial

3. cash value may be less than your face value

4. cannot vary your monthly premium payment and the premium-paying period may be
lengthy

5. amount of coverage cannot be increased at a later date

Click on the link below to fill out a quote request form for a whole life insurance policy
that will provide excellent life insurance coverage at an affordable cost. Or you can
speak with our Life Insurance specialist at 203-351-9898 to discuss the policy features.

Click HERE to fill out a

Whole Life Insurance Policy

Quote Request Form

We are your local Fairfield County insurance agency, offering affordable whole life and
term life insurance policy services in the following Connecticut cities and counties:
Stamford, Norwalk, Greenwich, Darien, Riverside, Belltown, Springdale, Round Hill, Old
Greenwich, East Norwalk, New Canaan, Glenville, Byram, Cos Cob, Mianus, North
Stamford, Glenbrook, Wilton, Weston, Long Ridge, Noroton, West Norwalk, Westport,
High Ridge, Southport, North Wilton, Winnipauk, Cannondale, Turn of River, South
Wilton, Lyons Plains, Georgetown, Ridgefield, Branchville, Redding, Topstone,
Ridgebury, Redding Ridge, Branchville, Dodgingtown, West Redding, Titicus,
Hattertown, Bethel, Danbury, New Fairfield, Newtown, Hawleyville, Botsford, Monroe,
Bridgeport, Stepney, Shelton, Huntington, Upper Stepney, Long Hill, Trumbull, Stratford,
Easton, Fairfield, Greenfield Hill, Stratfield, Nichols, Oronoque, Rivercliff, Devon,
Lordship, and East Bridgeport, New Haven, Hartford, Torrington, Waterbury, Meriden,
New Britain, New London, Norwich, Manchester, East Hartford, Suffield, Granby, West
Haven, West Hartford, Branford, East Haven, Hamden, Woodbridge, Orange, North
Haven, Groton, Rocky Hill, Newington, Wethersfield, Glastonbury, Bloomfield, Blue
Hills, South Windsor, Naugatuck, New Hartford, Chesire, East Lyme, Old Mystic,
Wallingford, Southington, Middletown, Bristol, Laurel Beach, Litchfield, Pleasure Beach,
Mystic, North Westchester, Double Beach, Willimantic, Storrs, Canaan, East Windsor,
Vernon, South Canaan, Putnam, Guilford, Windham, South Britain, Willington, Windsor,
East Hampton, Brooklyn, Westchester, and everywhere else in New Haven County,
Litchfield County, Middlesex County, New London County, Hartford County, Tolland
County and Windham County, CT.

Whole Life Insurance Policy

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Term Life Insurance Policy

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