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2024

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Best Life Insurance Companies in Newark, NJ

Our Recommended Top 20

We did the research for you!

  • Licensing
  • User Reviews
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Our goal is to connect people with the best local professionals. We scored Newark 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.

12374Reviewed

7432Curated

20Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

714 Elm St, Roselle, NJ 07203

Expertise.com Rating

Why choose this provider?

Hyacinth Watkins Insurance is a small independent agency in Union County. Ms. Watkins has partnered with several insurance companies to bring her clients a choice of life and health policies, specializing in helping the over-65s choose Medicare Advantage and Supplement plans that complement their needs. The agency's life insurance policies can benefit new home buyers and parents, grandparents who want to pay for their grandchildren's college education, and retirees covering their funeral and burial expenses.

Bloomfield, NJ
WebsiteLicense: 1529132

Expertise.com Rating

Review Sources

Facebook
5.0 (3)
Google
5.0 (2)

Why choose this provider?

Future Now Services is an independent insurance agency serving the Newark community. It offers whole, term, universal, and final expense life insurance policies to individuals who want to establish financial security for their families. Its team evaluates and compares the coverage options from multiple insurance carriers, such as Transamerica, Foresters Financial, and Mutual of Omaha. Agency president Dave Harewood has more than 12 years of experience in the financial services industry. He also specializes in annuities, Medicare, and retirement planning.

  • Life Insurance
  • Whole Life Insurance

804 Broadway, West Long Branch, NJ 07764

Expertise.com Rating

Why choose this provider?

LG Insurance Agency serves individuals, families, and businesses in Newark and the neighboring communities. The company provides personal and business insurance options. Its life insurance policies include whole, term, and universal life coverages. Its universal life policies include individual, survivorship, and fixed-index. It also proffers group medical, disability, high net worth, homeowners', and auto insurance coverages. Aaron Levine founded LG Insurance Agency in 2009. He shares his expertise with the Greater Long Branch Chamber of Commerce as a member of the board of directors.

500 Rahway Ave, Elizabeth, NJ 07202

Expertise.com Rating

Review Sources

Yelp
5.0 (22)
Facebook
4.9 (8)

Why choose this provider?

Universal Financial Insurance Agency LLC is an independent health insurance company near Newark that's partnered with major carriers, such as Liberty Mutual and Mercury, to offer a choice of policies to its clients. The agency specializes in Medicare Supplemental Insurance to cover the shortfall not covered by Medicare, such as deductibles and coinsurance. It also arranges life insurance policies suitable for individuals and small businesses. The agency's staff includes fluent English, Spanish, and French speakers.

272 Washington Avenue, Belleville, NJ 07109
WebsiteLicense: 296102

Expertise.com Rating

Why choose this provider?

Rami Attieh is an insurance professional affiliated with State Farm. He caters to individuals, families, and businesses in the Newark metro and the surrounding areas. He helps clients protect their families' futures by offering term, whole, and universal life insurance products. These can cover college costs and debts and mortgage payments. He also provides auto, health, home, pet, and property insurance policies. Attieh has received various State Farm awards, including the Chairman's Circle Award and Senior Vice President's Club.

  • Life Insurance
  • Health Insurance

795 Sandford Ave, Newark, NJ 07106
WebsiteLicense: 1671151
Website

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Health Benefit Advisors is an agency that serves the Newark metro. It provides life insurance policies as a form of supplemental insurance, which protects policyholders when unexpected health issues come up. The other forms of supplemental insurance plans that the company offers are dental, vision, cancer, hospital indemnity, critical illness, and short-term disability insurance. It serves individuals, including retirees, as well as groups and associations. As part of its consulting services, the agency handles benefit plan design and implementation.

  • Life Insurance
  • Health Insurance

1455 Broad St Ste 305, Bloomfield, NJ 07003

Expertise.com Rating

Review Sources

Yelp
5.0 (22)

Why choose this provider?

DrDisabilityQuotes.com is an independent insurance provider that offers unbiased advice and support for Physicians, Residents, and Fellows throughout New Jersey. Prospective clients request quotes for disability insurance online. The agency searches the policies of top insurance carriers, and within hours an agent contacts the client with a selection for comparison. DrDisabilityQuotes.com is licensed in all 50 states and Washington, D.C., and is a member of the MDRT and Financial Planning Association.

47 Maple St Ste L-19, Summit, NJ 07901

Expertise.com Rating

Review Sources

Yelp
5.0 (22)

Why choose this provider?

Louis John Stanzione Jr. at Fairfield Green Enterprises has more than three decades of experience in arranging insurance plans for individuals, groups, and businesses in New Jersey. The certified senior advisor is an independent consultant who can arrange all types of insurance policies, including whole life, term life, exceptional risk, and final expenses. Louis John Stanzione Jr. is a member of the National Ethics Association, who also advises on disability and long-term care insurance.

3 Broad St, Elizabeth, NJ 07201

Expertise.com Rating

Review Sources

Facebook
3.4 (3)
Yelp
1.0 (1)

Why choose this provider?

Medicare Advisors is a licensed life insurance company doing business across New York and New Jersey. It offers typical life insurance products, such as term life and whole life, while also specializing in Medicare. It's an independent agency, working with some of the biggest carriers in the health insurance sector, including WellCare and Clover. The company's agents can talk clients through the advantages and disadvantages of the various parts of Medicare. They can also offer advice on Obamacare.

135 Green St, Woodbridge, NJ 07095

Expertise.com Rating

Review Sources

Yelp
5.0 (22)

Why choose this provider?

The Allen Freeman Insurance Agency is an independent specialist in life and health insurance for individuals. Its agents' services include finding the right policy from one of the multiple carriers it partners to helping clients understand their coverage and assisting in filing claims. The Allen Freeman Insurance Agency is licensed to offer financial advice in New Jersey, New York, Connecticut, and Pennsylvania. It also specializes in business insurance, with a particular focus on the construction industry.

4 Chatham Rd, Summit, NJ 07901

Expertise.com Rating

Review Sources

Yelp
5.0 (22)
Facebook
5.0 (1)

Why choose this provider?

Schechner Lifson is a large financial services agency that specializes in all forms of insurance for businesses and individuals, including life, disability, and group insurance plans. The agency's Employee Group Benefit's Team works with employers to arrange a wide variety of HMO, PPO, and POS plans. They can also arrange plans for prescription drugs and long-term care. The Lifestyle and Legacy Team helps individuals find the right policies for many purposes, including mortgage protection and retirement income.

1122 US Highway 22 Ste 202, Mountainside, NJ 07092

Expertise.com Rating

Review Sources

Google
4.9 (61)
Facebook
5.0 (7)

Why choose this provider?

Paul T. Taeschler & Associates is an independent life insurance agency serving New Jersey since 1982. The agency has hooked up with more than 20 of the nation's biggest insurance carriers, enabling its agents to search and compare multiple life insurance policies to find the best one for their clients. The agency offers term life plans from 10 to 30 years, and whole life and universal life policies suitable for long-term financial planning.

109 South Ave W Fl 2, Cranford, NJ 07016

Expertise.com Rating

Review Sources

Facebook
5.0 (6)
Google
5.0 (1)

Why choose this provider?

Founded in 2013, Partners Agency & Associates is an independent agency whose advisers specialize in individual and group health insurance and individual life insurance. They have access to the polices of multiple carriers, enabling them to offer personal and business clients a wide choice of plans to suit every purpose, from ensuring employees have life and health coverage to creating a retirement income. Partners Agency & Associates is licensed to provide financial advice in New Jersey, New York, and Florida.

1049 Clinton Avenue, Irvington, NJ 07111
WebsiteLicense: 8626087

Expertise.com Rating

Review Sources

Google
4.0 (2)

Why choose this provider?

AMC Insurance Agency Inc. has nearly three decades of experience providing life insurance in Newark and nearby areas. It offers life insurance packages, such as critical illness coverage, decreasing life coverage, and long-term coverage. Moreover, the agency delivers other personal insurance solutions for individuals of different age groups and budgets. It provides home insurance policy options, which cover building insurance and contents insurance. It also assists clients with auto insurance services, including liability coverage and medical coverage.

  • Life Insurance

568 South Livingston Avenue, Livingston, NJ 07039

Expertise.com Rating

Review Sources

Google
5.0 (5)

Why choose this provider?

Insurance Planning Consultants is an insurance company that serves clients in Newark. It offers several types of insurance policies, including whole life, variable life, term life, and universal life. Its team of financial professionals is knowledgeable in investment strategies, retirement planning and investing, risk management, and estate protection. To maintain its independence and deliver quality customer service, Insurance Planning Consultants works with insurance providers. Company president Jeffrey Greenberg has managed his own company since 1978.

  • Whole Life Insurance
  • Life Insurance

488 Mt. Prospect Ave, Newark, NJ 07104
WebsiteLicense: 1054339

Expertise.com Rating

Review Sources

Google
4.5 (8)
Yelp
5.0 (1)

Why choose this provider?

Greg Daniels is a full-service insurance agent with State Farm who serves individuals, families, and businesses in Newark and the nearby areas. He and his team have over 50 years of combined insurance industry experience, helping clients by educating them about life insurance policies that take care of their family's needs after death. Daniels is a Senior Vice President's Club Qualifier for State Farm. He also assists clients with auto, home, property, and business insurance policies.

  • Life Insurance
  • Health Insurance

12 Clinton Ln, Scotch Plains, NJ 07076

Expertise.com Rating

Review Sources

Google
4.8 (4)

Why choose this provider?

The Wildstein Group is an independent company that works to maximize its client's wealth and provide them with comprehensive protection plans against Life's challenges, such as meeting mortgage repayments during unemployment and covering the costs of long-term medical care. Its advisers also work with clients to develop retirement investment strategies involving a wide range of whole life and universal life Insurance policies. The agency's additional services include business succession planning and estate preservation.

111 Northfield Avenue, West Orange, NJ 07052
WebsiteLicense: 1697017

Expertise.com Rating

Review Sources

Google
5.0 (10)
Facebook
5.0 (3)

Why choose this provider?

ASE Insurance Agency offers risk management solutions for individuals and businesses in Newark. Its product line includes life insurance of various forms, such as term, universal life, whole life, and variable universal life policies. Its agents have access to coverages from a number of providers such as Travelers, The Hartford, and Liberty Mutual. ASE Insurance Agency, which is also licensed in Connecticut, Virginia, and Maryland, was established in 2019 by Elisha Petite, who has over 13 years of experience.

  • Individual Plans
  • Life Insurance

740 New Jersey 18, East Brunswick, NJ 08816
WebsiteLicense: 1087080

Expertise.com Rating

Review Sources

Facebook
4.0 (56)

Why choose this provider?

Alex Escobar is a State Farm agent serving the communities of Newark, South River, Spotswood, East Brunswick, and nearby areas. He assists his clients with their life, auto, renters', and homeowners' insurance needs. He also offers notary services and helps customers with out-of-state transfers to Middlesex County. Escobar graduated from Boston College and carries more than 20 years of experience in insurance. He is multilingual, a seven-time Chairman's Circle qualifier, and an Ambassador traveler qualifier.

  • Life Insurance

491 Bloomfield Ave Ste 201, Montclair, NJ 07042

Expertise.com Rating

Review Sources

Facebook
4.7 (34)

Why choose this provider?

The Schumacher Insurance Agency is an independent provider of unbiased financial advice serving the residents and businesses of New Jersey since 1978. It is partnered with dozens of the nation's leading insurance carriers, enabling its licensed agents to find a choice of individual life insurance plans and group health and life plans to protect residents and employees. The plans can cover everything from paying for medical treatments to leaving a financial legacy for loved ones.

Compare our Top Life Insurance Companies

NameExpertise RatingAddressPromotionsLearn more
Hyacinth Watkins Insurance
714 Elm St, Roselle, NJ 07203
Future Now Services
Bloomfield, NJ
LG Insurance Agency
804 Broadway, West Long Branch, NJ 07764
Universal Financial and Insurance Agency
500 Rahway Ave, Elizabeth, NJ 07202
Rami Attieh
272 Washington Avenue, Belleville, NJ 07109
Health Benefit Advisors
795 Sandford Ave, Newark, NJ 07106
DrDisabilityQuotes.com
1455 Broad St Ste 305, Bloomfield, NJ 07003
Louis John Stanzione at Fairfield Green Enterprises
47 Maple St Ste L-19, Summit, NJ 07901
Medicare Advisors
3 Broad St, Elizabeth, NJ 07201
Allen Freeman Insurance Agency
135 Green St, Woodbridge, NJ 07095
Schechner Lifson
4 Chatham Rd, Summit, NJ 07901
Paul T. Taeschler & Associates
1122 US Highway 22 Ste 202, Mountainside, NJ 07092
Partners Agency & Associates
109 South Ave W Fl 2, Cranford, NJ 07016
AMC Insurance Agency Inc.
1049 Clinton Avenue, Irvington, NJ 07111
Insurance Planning Consultants
568 South Livingston Avenue, Livingston, NJ 07039
Greg Daniels
488 Mt. Prospect Ave, Newark, NJ 07104
The Wildstein Group
12 Clinton Ln, Scotch Plains, NJ 07076
ASE Insurance Agency
111 Northfield Avenue, West Orange, NJ 07052
Alex Escobar
740 New Jersey 18, East Brunswick, NJ 08816
Schumacher Insurance Agency
491 Bloomfield Ave Ste 201, Montclair, NJ 07042

FAQs

  • What is the average cost of a 10-year life insurance policy for men and women in Newark?

    In Newark, men typically pay around $20 per month for a 10-year term life insurance policy, while women pay approximately $17 per month for the same duration of coverage. The average monthly premium for a $250,000 coverage policy among men in the city is about $13. On average, women pay approximately $11 per month for a similar policy.

  • How can Newark residents determine the amount of life insurance they need?

    The amount of life insurance Newark residents should get depends on their goals, the needs of their families, and the bills they have to pay when they pass away. People who only want to cover funeral costs can consider funeral and burial expense insurance. Those who want to help with bigger expenses like paying off a house or tuition might need a term or whole-life policy.

  • How much do smokers expect to pay for life insurance in Newark?

    Individuals who smoke can expect monthly life insurance premiums in Newark to range from approximately $107 to $196 on average. Among the insurance providers in the city, Transamerica stands out as the most budget-friendly option, offering coverage at a rate of $107 per month. Another provider is State Farm, which offers premiums at $126 per month.

  • Do life insurance beneficiaries incur taxes in Newark?

    Yes. Although life insurance death benefits are typically exempt from income tax for beneficiaries in Newark, they could potentially be liable for estate taxes. Note that life insurance remains part of the estate's assets, even when the payout is directed to a designated beneficiary.

  • Why is life insurance important to Newark residents?

    As a financial planning tool for Newark residents, life insurance offers support to their dependents in the event of their passing by replacing lost income. Furthermore, the death benefit is exempt from federal income tax and can help pay expenses such as funeral and burial costs. Policyholders can also utilize life insurance to make a charitable contribution by designating a charity as the beneficiary.

  • 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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