Life Insurance
Life Insurance in NJ, NY, CT, PA and Other States
Life insurance is essential for safeguarding your family’s well-being. Even if you already have coverage, it can become outdated over time. That’s why it’s important to review and, if needed, update your policy with a professional every two years.
The right policy is always a sound investment. It can provide:
Replacement income for dependents
Cover burial and funeral costs
Create an inheritance for your heirs
Pay federal “death” taxes and state “death” taxes
Make significant charitable contributions
Create a source of savings
Types of Life Insurance
Life insurance comes in different forms. The two primary types are term and whole life. Whole life, sometimes called permanent life insurance, has several variations, including traditional whole life, universal life, variable life, and variable universal life.
Term
Term life insurance is the most straightforward form of coverage. It provides a payout only if death occurs during the policy term, which generally lasts from one to 30 years. Most term policies offer no additional benefits. The two basic types are level term and decreasing term.
With level term, the death benefit remains constant. With decreasing term, the benefit decreases, typically in yearly increments, over the policy period.
Whole Life/Permanent
Whole life insurance, sometimes called permanent insurance, pays a death benefit regardless of when you die—even at age 100. The three primary types are traditional whole life, universal life, and variable universal life.
Want Clear Answers on Life Insurance?
Contact Everett Insurance to learn more about coverage across New Jersey, New York, Connecticut, Pennsylvania, Nevada, and other states. We’re happy to help.
Get a Quote Today
When it comes to protecting your family, it’s always best to be prepared. Families across New Jersey, New York, Connecticut, Pennsylvania, Nevada, and other states can rely on Everett Insurance to provide comprehensive life insurance designed to safeguard what matters most.
By reviewing your unique needs and financial goals, our team develops personalized, high-quality policies that offer the right level of protection at a price that fits your budget. We also identify bundling opportunities and available discounts to help you maximize your savings.
For more details about our life insurance options or the carriers we partner with, contact Everett Insurance today or request a quote online to get started.