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2024

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Best Life Insurance Companies in Hemet, CA

Our Recommended Top 3

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Hemet Life Insurance Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

3716Reviewed

2230Curated

3Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

760 West Acacia Avenue, Hemet, CA 92543
WebsiteLicense: 0C24041

Expertise.com Rating

Review Sources

Google
4.9 (40)
Yelp
4.0 (9)

Why choose this provider?

Chris Waterman is a State Farm insurance agent offering a range of insurance coverage and options for clients in Hemet and neighboring communities, including life insurance, health insurance, and home insurance as well as property and business insurance. Waterman has been with State Farm since 2002, and he is a recipient of the Chairman's Circle Award and Silver Scroll Award. Additionally, he is a Chamber of Commerce member and a previous Salvation Army board member.

  • Life Insurance
  • Health Insurance

28039 Scott Road, Murrieta, CA 92563

Expertise.com Rating

Why choose this provider?

Insurance Advisors is an independent insurance agency serving the Hemet area. The firm is licensed to offer health and life insurance in California since 1996, providing protection for clients' whole lives and designing and implementing executive and employee plan services for companies. The firm also offers extensive dental, vision, and health insurance. Its team of insurance agents is prepared to provide objective information to consumers and small business owners, assist clients in filing claims and setting up policies to protect client assets as well as prepare their future health.

  • Life Insurance
  • Health Insurance

629 East Florida Avenue, Hemet, CA 92543
WebsiteLicense: 0F34260

Expertise.com Rating

Review Sources

Google
4.8 (34)
Yelp
5.0 (2)

Why choose this provider?

Established in 1978, Aloha Village Insurance Services is an independent insurance agency that serves clients in Hemet. The family-owned and family-operated local business offers an array of personal insurance options, including life insurance, health insurance, and homeowners insurance as well as personal umbrella insurance. It also provides auto insurance and policies that are tailored fit for collector vehicles. Additionally, the agency provides extensive commercial insurance coverage, including workers' compensation, property insurance, and comprehensive general liability.

  • Life Insurance
  • Health Insurance

Compare our Top Life Insurance Companies

NameExpertise RatingAddressPromotionsLearn more
Chris Waterman
760 West Acacia Avenue, Hemet, CA 92543
Insurance Advisors
28039 Scott Road, Murrieta, CA 92563
Aloha Village Insurance Services
629 East Florida Avenue, Hemet, CA 92543

FAQs

  • Is it possible for Hemet life insurance policyholders to have more than one beneficiary?

    Hemet life insurance policyholders can have more than one beneficiary, and there are two approaches to how they name them. The first is the per capita method, in which beneficiaries who pass away cease to have a share while the other beneficiaries’ shares increase accordingly. The per stirpes method is where a deceased beneficiary’s share is divided evenly among the deceased’s descendants.

  • Who needs a Hemet life insurance?

    A Hemet life insurance is needed by a resident if there is someone who depends on them financially. The proceeds from such an investment are called the death benefit and may be used for various purposes. Beneficiaries may use it to pay for the deceased’s final expenses, debts, and mortgage. It can also be used to replace lost income, fund the education of a child, and so on. Death benefits are usually exempted from federal income tax.

  • How can life insurance help when the market is volatile in Hemet?

    A life insurance plan with enhanced flexibility and increased coverage can help when the market is volatile by offering solutions for various financial concerns, such as providing living benefits. These benefits generate funds that a policyholder may access during their lifetime in the form of a cash value or a policy rider. Some policies provide guaranteed minimum growth regardless of market conditions, and others guarantee no investment losses (0% growth) when markets decline in Hemet.

  • Can a Hemet life insurance affect disability income or public assistance for a child with special needs?

    Yes, a Hemet life insurance policy may affect disability income eligibility for a child with special needs. Adults with special needs rely on government assistance, especially those who live independently and have no living relatives. A child with special needs who becomes a life insurance beneficiary of an amount as low as $100,000 might make them ineligible for financial aid. The payback provision of Medicaid may even require them to repay public assistance after they receive a lump-sum benefit.

  • How often must a Hemet policyholder review their life insurance policy?

    A Hemet policyholder must review their life insurance policy during major life events, the same kind of life changes that prompted them to consider getting a policy in the first place. These include being married, having children, purchasing a home, shifting careers, and undergoing divorce. These events can alter one’s goals for their life insurance and are a good reminder to review their policy with their agent to ensure that their coverages still meet their needs.

  • Which is better, term or whole life insurance?

    Life insurance is a personal financial tool, so the right type of insurance for you depends on your goals and current situation. One of the main differences between term life insurance and whole life insurance is that term life insurance only covers you for a set period of time. Once you meet the premium payment requirements on a whole life plan, it covers you for the rest of your life. Whole life insurance also builds cash value, making it a potential investment. But whole life insurance is typically much more expensive than term life insurance.

  • How much life insurance do I need?

    A common recommendation is purchasing life insurance that is equal to five times your current salary, or more. But you can also estimate how much life insurance you need by adding up your debts, annual expenses for dependents multiplied by the years you want to ensure support, and any other items you wish to cover, such as a future wedding or college tuition.

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