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Best Life Insurance Companies in Suffolk, VA

Our Recommended Top 5

We did the research for you!

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

3909Reviewed

2347Curated

5Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

1018 South Church Street, Smithfield, VA 23430
WebsiteLicense: 148070

Expertise.com Rating

Review Sources

Facebook
4.0 (12)

Why choose this provider?

Established in 1953, Walls Insurance Agency assists Suffolk clients in finding the right insurance coverage for their needs. Being an independent agency, it has maintained a partnership with well-known insurance carriers, which gives clients access to a diverse range of insurance products and coverages. These products include life insurance, auto insurance, umbrella insurance, and commercial insurance. Its carrier partners include, but are not limited to, Heritage Insurance, Seneca, The Hartford, and Am Trust.

  • Life Insurance

1024 Centerbrooke Lane, Suffolk, VA 23434
WebsiteLicense: 946762

Expertise.com Rating

Review Sources

Google
5.0 (7)

Why choose this provider?

Warren Alexander is a State Farm insurance agent who has been serving clients in and around the Suffolk metro since 2017. He offers life insurance policies, including term life, whole life, and universal life plans. He handles other insurance programs, such as health, business, and auto insurance. He also assists in financial requirements for banking and annuities. Warren Alexander is a United States veteran who earned his Master in Business Administration degree. His team can communicate with clients in English, German, and Mandarin.

  • Life Insurance
  • Health Insurance

202 Market Street, Suffolk, VA 23434
WebsiteLicense: 108173

Expertise.com Rating

Review Sources

Google
4.0 (14)
Facebook
5.0 (5)

Why choose this provider?

Suffolk Insurance has over 98 years of experience serving the insurance needs of the Suffolk metro. As an independent agency, it works with various carriers to give clients access to term life, universal life, whole life, and survivorship life insurance policies. Its agents also procure customized plans with coverages and premiums that cater to the unique needs of its clients. Among its roster of insurance providers include Companion Life and OptimaHealth. The company also offers products from business, home, and auto insurance lines.

  • Life Insurance
  • Health Insurance

1901 Governors Pointe Drive, Suffolk, VA 23436
WebsiteLicense: 979994

Expertise.com Rating

Review Sources

Google
5.0 (40)
Facebook
5.0 (4)

Why choose this provider?

Zach Fuhrmann is a State Farm agent who helps Suffolk clients in securing health and life insurance coverage. He also helps clients in securing homes, autos, properties, and businesses. He also serves clients who need insurance for their farm or ranch. State Farm is an insurance company that has over 19,000 independent agents and 58,000 employees, while it has served over 85 million policies and accounts. State Farm has been ranked 36th on the Fortune 500 list.

  • Life Insurance

3101 American Legion Road, Chesapeake, VA 23321
WebsiteLicense: 578213

Expertise.com Rating

Review Sources

Google
4.0 (9)
Facebook
5.0 (5)

Why choose this provider?

For 33 years, JD Auvil, Inc., has been serving the insurance needs of individuals, families, and businesses in Suffolk and the surrounding communities in the entire state. It is a family-owned and family-operated business that carries life insurance plans that can help replace income for the policyholder's dependents, pay final expenses, and create inheritance. James D. Auvil, Sr. established the agency in 1988. In addition, his whole family, including his wife Sheila, his three sons, and one daughter, are all involved in the agency.

  • Life Insurance
  • Health Insurance

Compare our Top Life Insurance Companies

NameExpertise RatingAddressPromotionsLearn more
Walls Insurance Agency
1018 South Church Street, Smithfield, VA 23430
Warren Alexander
1024 Centerbrooke Lane, Suffolk, VA 23434
Suffolk Insurance
202 Market Street, Suffolk, VA 23434
Zach Fuhrmann
1901 Governors Pointe Drive, Suffolk, VA 23436
JD Auvil, Inc
3101 American Legion Road, Chesapeake, VA 23321

FAQs

  • What is survivorship life insurance, and is it a viable estate planning option for Suffolk residents?

    Survivorship life insurance is a specific type of life insurance policy designed to cover the lives of two people, typically a married couple. It is commonly employed as a strategic tool for estate planning in Suffolk. It serves as a means to ensure there are enough available funds to cover estate taxes in the event that both spouses pass away.

  • Does the cash value component of a fixed index universal life insurance in Suffolk decrease due to market volatility?

    No, because a fixed-index universal life insurance policy in Suffolk has a built-in cash value floor. Consequently, the cash value grows as the market experiences an upswing. During market downturns, the cash value remains constant. The cash value associated with this particular form of universal life insurance is not directly invested in the securities market.

  • What are the compelling reasons for Suffolk residents to buy life insurance?

    Among the compelling reasons why Suffolk residents buy life insurance is to pay off end-of-life expenses such as funeral and burial costs. Additionally, life insurance can replace lost wages in the event of the policyholder's passing. Another significant benefit is the ability to use the insurance proceeds to pay off outstanding mortgage debt, ensuring that the family home remains secure.

  • What are some of the life insurance solutions designed for aging Suffolk residents?

    Elderly residents of Suffolk have access to various life insurance options that meet their needs, such as whole life insurance. This type of insurance guarantees a death benefit for beneficiaries and comes with a cash value component that accumulates over time. Additionally, variable life insurance offers the opportunity to tap into professionally managed funds to help achieve their retirement objectives.

  • Who benefits the most from universal life insurance in Suffolk?

    Suffolk residents seeking lifelong coverage can find value in universal life insurance. This insurance option is particularly advantageous for those who wish to have flexibility in determining the amount and schedule of their premium payments. It also offers the added benefit of a savings account that accrues interest. Universal life insurance is well-suited for individuals who apply for coverage later in life.

  • 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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