Personal Insurance

Life 2_Life insurance is a crucial step in planning for your future. Not only can life insurance fulfill promises made to your family if you are no longer around, there are several life insurance policies that provide benefits while you are living.

Determining Your Need

The need for life insurance is dependent on your own personal and financial needs. We can assist you in determining what type and amount of life insurance is appropriate for you. Generally, you should consider life insurance if:

  • You have a spouse
  • You have dependent children
  • You have an aging parent or a physically challenged relative who depends on you for support
  • Your retirement savings are not enough to insure your spouse’s future against a rising cost of living
  • You have a sizable estate
  • You own a business

There are benefits of life insurance other than providing for your loved ones in case something happens to you:

  • The cash value earned and borrowed from a permanent life insurance policy can be used to help with large expenses, such as a college education or down payment on a home.
  • The growth of a cash-value policy is tax-deferred — you do not pay taxes on the cash value accumulation until you withdraw funds from the policy.
  • Life insurance can be used to cover funeral expenses and pay estate taxes — consult your tax advisor agent for more information.

Life Changes – So Should Your Policy

Your need for life insurance is dependent on your personal and financial needs. As your life changes, your life insurance coverage may need to change as well to adapt to your current needs. Some life changes that may require a policy “tune-up” include:

  • You recently married or divorced
  • You have a new child or grandchild
  • Your health or your spouse’s health has deteriorated
  • You are providing care or financial assistance to a parent
  • Your child or grandchild requires assistance or long-term care
  • You recently purchased a new home
  • You are planning for a child or grandchild’s education
  • You are concerned about retirement income
  • You have refinanced your home mortgage in the past six months
  • You or your spouse recently received an inheritance

Questions? Visit our Life Insurance Questions page for answers to the most commonly asked life insurance questions.

Fast, Free Personal Insurance Quote:

Looking for an affordable insurance quote with the best protection? Fill out the quick form on the right, and an agent will respond to you within 1 business day.

Need your quote right away? Give us a call at (203) 775-2564. You’ll be glad you did!

 

We are licensed in the following States/Provinces:
Connecticut – Arizona – California – Georgia

 

Our Local Partners Program

At Warwick Agency, we appreciate your business – and your trust. In an effort to repay your trust and support our local community, we would like to introduce you to our Local Partner Program. As a valued member of our local community, you are entitled to discounts from many of our local business partners! Click here to start saving today!

We Give You Choices

An independent insurance agency like Warwick Agency has access to all of the best carriers! With more options, we're able to custom design an insurance package that is perfect for you and your needs! From Safeco to MetLife, from Progressive to Aetna, we've got whatever it is that suits you best. Click here to see the companies we represent.

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