Queens is one of the five boroughs of New York City and is home to a diverse population. Life insurance is an important investment for many individuals and families in Queens, providing financial security and peace of mind.
Many life insurance companies in Queens offer a variety of policies to meet different needs and budgets. These companies may offer term life insurance, whole life insurance, universal life insurance, or other types of policies.
Choosing the right life insurance company and policy can be a complex process, and it’s important to consider factors such as coverage, premiums, benefits, and customer service. In this context, it can be helpful to research different companies and policies, compare quotes, and consult with an insurance professional who can help you understand your options and choose the right policy for your needs.
What is Life Insurance?
Life insurance is a contract between an individual and an insurance company, in which the insurance company agrees to pay a specified amount of money to the individual’s beneficiaries upon the individual’s death. The individual pays premiums to the insurance company in exchange for this coverage. The amount of coverage, premiums, and other terms of the policy will depend on the type of life insurance policy chosen.
There are several types of life insurance policies, including term life insurance, whole life insurance, and universal life insurance. Term life insurance provides coverage for a specified period, such as 10, 20, or 30 years. Whole life insurance provides coverage for the entire life of the insured individual and includes a savings component known as the policy’s cash value. Universal life insurance is similar to whole life insurance but provides greater flexibility in terms of premiums and benefits.
Life insurance can provide financial security for the insured individual’s beneficiaries in the event of the insured individual’s death. This can help pay for expenses such as funeral costs, outstanding debts, and living expenses. Life insurance can also be used as an investment tool or as a way to leave a legacy for loved ones.
It’s important to carefully consider the different types of life insurance policies and the terms of each policy before choosing a policy that meets your needs and budget. Consulting with an insurance professional can also help navigate the complex world of life insurance.
Advantages of Life Insurance
There are several advantages to having life insurance, including:
- Financial protection for loved ones: Life insurance can provide financial support for the insured individual’s beneficiaries in the event of the individual’s death. This can help cover expenses such as funeral costs, outstanding debts, and living expenses.
- Peace of mind: Knowing that your loved ones will be financially protected in the event of your death can provide peace of mind and reduce stress.
- Investment tool: Some types of life insurance, such as whole life insurance, include a savings component that can build cash value over time. This cash value can be used as an investment tool or as a source of emergency funds.
- Tax benefits: Some life insurance policies offer tax benefits, such as tax-free death benefits or tax-deferred growth of cash value.
- Legacy planning: Life insurance can be used as a way to leave a legacy for loved ones or to make charitable donations.
- Access to funds: Some types of life insurance policies, such as universal life insurance, allow the insured individual to access the policy’s cash value for expenses such as education or medical bills.
Overall, life insurance can provide financial security and peace of mind for both the insured individual and their beneficiaries.
It’s important to carefully consider the different types of life insurance policies and the terms of each policy before choosing a policy that meets your needs and budget.
List of Life Insurance Companies in Queens
Here’s the top 10 list of Life Insurance Companies in Queens, NY, USA:
Albert Serur
Albert Serur is an agent at the National Income Life Insurance Company, which assists Queen’s area residents with their insurance content enterprises. Serur specializes in life insurance and aims to help families that are financially floundering following the death of a family member.
Serur and his platoon prioritize sweat to help working-class guests including the families of union workers. In addition to life insurance, the platoon also handles supplemental health insurance needs. Serur began his insurance career in 2011.
BNP Coverage
BNP CoverageInc. is an insurance agency that provides insurance options to residers and businesses in the Queens area and the girding communities. It’s an independent brokerage that combines products into a custom package that meets guests’ requirements.
It carries life insurance plans like term life insurance, whole life, and mortgage protection insurance. also, it provides marketable insurance packages like general liability, professional liability, workers’ compensation, group health, and disability insurance. It has been serving guests since 2002.
Briarwood Insurance Services Inc
Briarwood Insurance Services, Inc., is an independent agency that has been serving individuals, families, and businesses in Queens and the girding areas for further than 25 times. It offers multiple types of life insurance plans, including term life, whole life, and universal life insurance.
It also provides health insurance programs. The other particular insurance products it offers include homeowners’, bus, and jewelry insurance. Through the times, Briarwood Insurance Services has provisioned to further than 3,000 guests.
Caricom Insurance Brokerage
Caricom Insurance Brokerage is an independent agency that serves Queens and the neighboring metropolises. It offers several health insurance results, including term life, short-term and long-term disability, and long-term care insurance.
The company also offers bus and homeowners’ insurance programs covering both domestic and marketable establishments. Business possessors can also take advantage of marketable insurance programs, similar to builders’ threats, general liability, business possessors’ programs( BOP), and workers’ compensation insurance. Caricom Insurance Brokerage has been around since 1988.
Greg Hehir
Greg Hehir is an insurance agent with State Farm, serving guests in Queens and its girding areas since 1992. He offers life and health insurance decorations as well as particular liability marquee products. also, he and his platoon can help with threat operation results for parcels.
Marketable insurance products, similar to BOP, marketable liability, and workers’ compensation, are available. His staff is fluent in Spanish, English, and Urdu. Hehir has qualified for State Farm Ambassador’s Club, Chairman’s Club, and Honor Club.
Haven Life
Haven Life is an online insurance agency serving individuals and families in Queens and the girding areas. It offers a range of threat operation results, including term life insurance, disability insurance, and appropriations. Included in its life insurance policy is the Haven Life Plus app.
Haven Life is backed and wholly possessed by the Massachusetts Mutual Life Insurance Company, a life insurance company with over 160 times of experience in the assiduity. MassMutual has been included in the 2019 World’s Utmost Ethical Companies ® by Ethisphere3.
Hughes Associates, Inc.
Hughes Associates, Inc., is an independent insurance agency that provides a variety of protection content for businesses and individuals in Queens. It offers life insurance plans, including endless, term, whole, and universal contents.
Its platoon has expansive experience working with multiple carriers, similar to MetLife, Kemper, and Progressive, and knows the strengths and limits of each policy. The agency also assists with homeowners’, bus, general and professional liability, and marketable insurance. Company chairman Pat Hughes has further than 40 times of assiduity experience.
JFA Insurance Brokerage & Associates, Inc.
JFA Insurance Brokerage & Associates, Inc., is an original, independent insurance agency that has been furnishing insurance results for guests in Queens and throughout the state of New York over 30 times. The agency specializes in helping businesses keep moving through business insurance and workers’ compensation insurance products.
Away from business insurance, the agency also offers individual and group life insurance, mortgage protection, long-term care plans, and disability content through several named carriers it represents.
Jim Von Eiff
Jim Von Eiff is a licensed insurance agent for State Farm Insurance that offers particular and business insurance products to guests in the Queen’s metro.
Jim leads a platoon of 16 insurance agents and administration specialists that carry out the selling and underwriting conditioning for life and health insurance products.
Some of his establishment’s life insurance products include term life, universal life, whole life, and variable life insurance products that give fiscal protection against accidents, losses, and deaths.
Joseph E. Scaccia
Joseph E. Scaccia is a threat operation professional combined with New York Life Insurance Company. He furnishes different types of life insurance plans for residents in Queens.
One of these is universal life insurance, which is customizable according to guests’ favored content length and insurance quantum. He also offers whole, term, and variable universal life insurance.
Scaccia, who also assists guests with long-term care insurance, has over a decade of experience. He’s also certified to offer life insurance in Nevada, Florida, and Oregon.
Linx Brokerage, Inc
Linx Brokerage, Inc., is an insurance company that has been serving the Queens area since 2006. It caters to guests looking for life insurance products to cover the fiscal requirements of their dependents and families after they die.
In addition, the company’s platoon assists individuals demanding to file claims, make payments, and review their current insurance programs. Linx Brokerage also mates with Sure Shot Pest Control, Global Info Tech, EZ Net Results, and Shabbir Realty, Inc.
That’s all, thanks.
