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Best Life Insurance Companies in Brooklyn

2024

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Providers

Last updated:

Website
936 Madison Street, Brooklyn, NY 11221
  • Life Insurance
  • Whole Life Insurance
  • Term Life Insurance

Why choose this provider?

Silverline Insurance assists individuals, businesses, and families in Brooklyn and the surrounding areas, with purchasing insurance products that fit their needs. Since its establishment, its Spanish-speaking staff has worked with a wide range of insurance carriers to help clients find life insurance policies that take care of their family's needs after death, such as funeral expenses, debt repayment, and daily living costs. The agency also provides assistance with other types of policies, such as auto, home, and personal umbrella plans.

License Verified:

License: 919610

New York State Department of Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.0 / 5 (119)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1059 Nostrand Avenue, 1st Floor, Brooklyn, NY 11225
  • Life Insurance

Why choose this provider?

Insurance Resource of NY Agency is an independent health insurance brokerage that has been serving Brooklyn clients since 2007. The agency finds clients the right coverage that meets their individual needs by representing top-rated insurance carriers such as Chubb and Progressive. It offers a wide range of whole, term, variable, and universal life insurance products that are compared to get the coverage desired. Insurance Resource of NY Agency is a Trusted Choice agency and also offers disability insurance.

License Verified:

License: 1059083

New York State Department of Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.4
Google
4.0 / 5 (9)
Facebook
5.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
1.5
Responsiveness
Friendliness
Helpfulness
––
Detail
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Website
9411 5th Avenue, Brooklyn, NY 11209
  • Life Insurance
  • Health Insurance

Why choose this provider?

Nereyda Perez is a Brooklyn-based insurance agent who has been working for State Farm for 21 years. Her office is bi-lingual and covers every insurance need of individuals and businesses. For clients who need to continue paying for a mortgage or debt or who want to secure their families in the future financially, several life insurance plans, such as term life, whole life, and universal life, are offered. Small business life insurance plans like key employees and business continuation insurance are also available.

License Verified:

License: 647199

New York State Department of Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
3.8
Google
4.0 / 5 (83)
Facebook
3.0 / 5 (7)
Yelp
2.0 / 5 (6)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1983 Marcus Avenue, Lake Success, NY 11020
  • Life Insurance

Why choose this provider?

Ravi Balchand is a financial services professional affiliated with New York Life Insurance Company. He works with clients in and around the Lake Success areas, including Brooklyn. Balchand consults with clients regarding their needs and objectives in connection to life insurance policies and coverage. He assists clients in acquiring insurance products such as life insurance, long-term care insurance, tax-deferred IRAs, and disability income insurance. Balchand also works to monitor a client's insurance and financial strategies in order to adjust them according to their current circumstances.

License Verified:

License: 1109303

New York State Department of Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.0 / 5 (9)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
2747 Coney Island Avenue, Brooklyn, NY 11235
  • Life Insurance

Why choose this provider?

First Manhattan Financial is a full-service insurance agency that caters to individuals in the Brooklyn area. The organization helps clients identify a suitable life insurance policy based on their goals and current lifestyle. It aims to give the policyholder's loved ones options for financial stability in the occurrence of an unexpected event. In addition, it offers assistance to customers who have Medicare planning concerns. First Manhattan Financial has been forming relationships and giving personalized aid since it opened in 2003.

License Verified:

License: 1382799

New York State Department of Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (8)
Yelp
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
349 5th Avenue, New York, NY 10016
  • Life Insurance
  • Long Term Care

Why choose this provider?

Plan With Phil addresses the insurance and financial needs of clients in Brooklyn. The business provides various life insurance plans with several term coverage, such as level, convertible, annual renewable, and return of premium term. It offers permanent, whole, and universal life insurance as well. Plan With Phil also covers disability and long-term care insurance as well as retirement and education planning. Moreover, it works with an extensive network of insurance companies, including Mass Mutual, Guardian Life, Lincoln Financial, and Nationwide.

License Verified:

License: 1033580

New York State Department of Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (6)
Facebook
5.0 / 5 (6)
Yelp
5.0 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.3
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
845 Classon Avenue, Brooklyn, NY 11238
  • Life Insurance
  • Health Insurance

Why choose this provider?

Robert G. Larson has been working as a State Farm agent for over 16 years. He serves clients in Brooklyn seeking life insurance services that cover mortgage payments, debts, college funds, and income sustainability. These life insurance products provide financial security to the clients' families after they pass away. Robert also gives them an option to choose term, whole, and universal life insurance policies depending on their financial needs. He and his team speak the English and Spanish languages fluently.

License Verified:

License: 940539

New York State Department of Financial Services

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.0 / 5 (36)
Yelp
3.5 / 5 (3)

Frequently Asked Questions

  • Who should consider purchasing a decreasing term life insurance policy in Brooklyn?

    People in Brooklyn who have debt obligations, such as business and auto loans and mortgages, should consider purchasing a decreasing term life insurance policy to cover the costs. Reduced term life insurance is also beneficial for parents of teenagers because it can provide them with a substantial payment early on to offset anticipated financial expenses or unpaid educational obligations.

  • What variables affect the cost of your Brooklyn indexed life insurance policy?

    The cost of an indexed life insurance policy in Brooklyn is determined by a number of personal factors, including your location, gender, age, and overall health, as you must undergo a medical examination to be approved for coverage. Some lifestyle choices, such as smoking or working in a dangerous job, also affect your rate because they pose a higher risk to your insurance provider.

  • How much does it cost in Brooklyn to convert a term insurance policy to a whole life insurance policy?

    Converting a term insurance policy in Brooklyn to a whole life policy will not cost you anything. However, because term life insurance is priced differently than permanent life insurance, your rates will rise as a result of the conversion. Your new premiums will be determined by the age at which you convert your policy.

  • What should patients with cancer in Brooklyn do if they are unable to obtain conventional life insurance coverage?

    Patients with cancer in Brooklyn should look for simplified issue and guaranteed issue policies, also known as no medical exam life insurance, if they are unable to obtain regular life insurance coverage. This policy does not require applicants to have a medical exam, but it has a higher premium and a lower death benefit than a standard policy.

  • If you have COPD and live in Brooklyn, what life insurance riders should you think about adding?

    Because COPD frequently worsens over time, you may find it advantageous to add an accelerated death benefit rider to your Brooklyn life insurance policy. If you meet certain medical requirements, this rider allows you to receive your death benefit while you are still alive. A waiver of premium disability rider should also be considered because it allows you to stop paying for life insurance in the event of a qualifying disability.

  • 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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