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Best Life Insurance Companies in New Haven, CT

Our Recommended Top 6

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 New Haven 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.

5753Reviewed

3454Curated

6Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

27 Lucy Street, Woodbridge, CT 06525
WebsiteLicense: 985421

Expertise.com Rating

Review Sources

Google
4.0 (22)

Why choose this provider?

Svendsen Insurance is a locally owned insurance agency that has been providing insurance programs to clients in New Haven, Woodbridge, and the surrounding areas. It offers term life and permanent life insurance policies by working with a variety of carriers. It also provides automobile, jewelry, condominium, and homeowners' insurance plans. In addition, it assists business owners in obtaining insurance programs that protect commercial and rental properties. Ernie B. Svendsen founded the agency in 1946. He received his insurance accreditation in 1942.

  • Life Insurance

1905 State Street, Hamden, CT 06517
WebsiteLicense: 2497454

Expertise.com Rating

Review Sources

Google
4.0 (26)
Facebook
5.0 (7)

Why choose this provider?

JVR Insurance is an independent agency that provides services to families and individuals in the New Haven area and nearby communities. It is a life insurance service provider that offers term and whole coverages. The company also helps clients acquire other personal plans, such as homeowners', auto, motorcycle, and boat insurance. It works with various carriers like Progressive, Bristol West, National General, Mapfre, and Safeco. JVR Insurance brings more than 50 years of combined industry experience.

  • Life Insurance

444 Forest Road, West Haven, CT 06516
WebsiteLicense: 2541612

Expertise.com Rating

Review Sources

Google
4.0 (31)
Facebook
5.0 (3)

Why choose this provider?

Derwin Griffith is a State Farm insurance agent who caters to businesses, families, and individuals in the New Haven metro and the surrounding communities. He helps clients acquire life insurance, which may include term, whole, and universal coverages. He also accommodates policyholders who need assistance in changing their insurance beneficiaries. In addition, he offers other personal and business policies, including homeowners', renters', health, BOP, liability umbrella, and workers' compensation insurance. Griffith is a member of the Waterbury Chamber of Commerce.

  • Life Insurance

154 State Street, North Haven, CT 06473
WebsiteLicense: 2445559

Expertise.com Rating

Review Sources

Google
5.0 (87)
Facebook
5.0 (59)

Why choose this provider?

Trager Reznitsky Insurance is a locally owned business founded in 2014. It is an independent company that provides life insurance products and services to individuals in the New Haven metro. The business helps clients acquire term and whole life insurance policies that may cover their final expenses and federal death and estate taxes in case of unexpected death. Additionally, it offers homeowners', auto, umbrella, and earthquake insurance. CEO and principal agent Joshua Trager brings six years of experience in the insurance industry.

  • Life Insurance
  • Health Insurance
  • Whole Life Insurance

487 Campbell Avenue, West Haven, CT 06516
WebsiteLicense: 2446705

Expertise.com Rating

Review Sources

Google
4.0 (36)
Facebook
5.0 (1)

Why choose this provider?

Elsie Encarnacion is a State Farm insurance agent who provides services to individuals and businesses in New Haven and the surrounding communities. She helps clients acquire life insurance plans that may include whole, term, and universal coverages. She also accommodates individuals who need assistance in changing their insurance beneficiaries. In addition, the agent offers other personal policies for homeowners, renters, cars, health, disability, and pets. Encarnacion has been in the industry for 13 years.

  • Life Insurance

64 Thompson Street, East Haven, CT 06513
WebsiteLicense: 1044502

Expertise.com Rating

Review Sources

Google
4.0 (4)

Why choose this provider?

Beacon Insurance and Investment Group, LLC, is an independent agency representing multiple insurance carriers that offers life insurance plans to clients around the New Haven area. The agency has over 123 years of industry experience, and it assists individuals, families, and business owners find insurance plans that provide the coverage they need for their specific goals. It mainly assists with term life, whole life, and universal life insurance. Additionally, it offers other types of insurances, including home, auto, and business insurance.

  • Individual Plans
  • Group Plans
  • Life Insurance

Compare our Top Life Insurance Companies

NameExpertise RatingAddressPromotionsLearn more
Svendsen Insurance
27 Lucy Street, Woodbridge, CT 06525
JVR Insurance
1905 State Street, Hamden, CT 06517
Derwin Griffith
444 Forest Road, West Haven, CT 06516
Trager Reznitsky Insurance
154 State Street, North Haven, CT 06473
Elsie Encarnacion
487 Campbell Avenue, West Haven, CT 06516
Beacon Group LLC
64 Thompson Street, East Haven, CT 06513

FAQs

  • Does the cost of term life insurance increase annually in New Haven?

    The prices of most life insurance policies in New Haven don't increase yearly. An "annually renewable" term life insurance policy is an example of one that does. Annually renewable insurance has a low initial premium (often less than a level premium policy), but as you get older, the premium increases yearly. Furthermore, the premium payments rise with the term's duration.

  • Is life insurance essential for a single person in New Haven?

    For a single, childless person in New Haven, life insurance is frequently not necessary. However, circumstances may warrant consideration even if you're unmarried and childless. If you have substantial co-signed debts like a mortgage or student loans, which would burden your family if you passed away, you might want to think about getting life insurance. Moreover, if you're a single caregiver for an elderly person, assess the potential cost of their care in the event of your demise.

  • Is it possible for life insurance policies in New Haven to designate multiple beneficiaries?

    Nearly all New Haven life insurance companies permit multiple beneficiaries. The death benefit is initially paid out to the primary beneficiary, or beneficiaries if you designate more than one. Contingent beneficiaries are informed if a primary beneficiary passes away. For example, if your primary beneficiary is your spouse and the contingent beneficiary is your brother, the brother will receive the benefit only if your spouse dies before the payout. Usually, people name one to two main beneficiaries and one contingent beneficiary.

  • What are the elements that will influence life insurance quotes in New Haven?

    Some factors that influence New Haven life insurance quotes are:

    • Coverage amount: A $20,000 term policy is much cheaper than a $1 million term insurance policy.
    • Age: Costs rise as you get older.
    • Insurance type: Term insurance is cheaper than permanent life insurance due to no cash value accumulation, focusing solely on the death benefit.
    • Your health: Lower costs apply if you're in good health, whereas having diabetes, heart disease, or other chronic illnesses will result in higher expenses.
  • How can you determine if your family member had a life insurance policy in New Haven?

    To determine if your deceased loved one had life insurance in New Haven, consider these steps:

    • Check for insurance premium bills.
    • Contact the decedent's last employer's HR department.
    • Check the Department of Veteran's Affairs website if the person was a veteran.
    • Examine bank statements for regular deductions towards premiums or payments to companies with terms like "national", "colonial", or "mutual" in their names.
    • Engage private firms to assist in sending letters to numerous life insurance companies.
  • 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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