Expertise.com

2024

Last updated:

Best Life Insurance Companies in New Rochelle

Our Recommended Top 10

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 Rochelle 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.

3497Reviewed

2102Curated

10Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

60 Madison Avenue, New York, NY 10010
WebsiteLicense: 1397728

Expertise.com Rating

Review Sources

Google
4.4 (252)
Facebook
4.5 (38)

Why choose this provider?

Haven Life is an insurance agency servicing New Rochelle. It partners with MassMutual to provide term life insurance policies and help individuals protect their families. The plans cover a wide range of expenses, such as funeral and burial costs, mortgage, childcare, and future education. In addition, the company also carries disability insurance and annuities. Its website contains a variety of information about the coverage and how it can help clients achieve their financial goals. Clients praised the straightforward approach utilized by the agency.

  • Life Insurance
  • Term Life Insurance

304 Huguenot Street, New Rochelle, NY 10801
WebsiteLicense: 1116707

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Review Sources

Google
4.0 (15)
Yelp
5.0 (2)

Why choose this provider?

Charles Brown III has been working as a State Farm insurance agent since 2009. Serving the New Rochelle area, Brown offers different insurance plans, including life, auto, health, and home insurance. He informs his clients of available life insurance options, such as universal, term, and whole life insurance, and helps them choose appropriate insurance coverages. These coverages include death benefits and cash value that can accumulate over time. Additionally, Charles carries business and property insurance, annuities, and mutual funds.

  • Life Insurance
  • Health Insurance

1295 Northern Boulevard, Manhasset, NY 11030
WebsiteLicense: 657305

Expertise.com Rating

Review Sources

Facebook
5.0 (1)

Why choose this provider?

Mucci Agency, Inc., is a family-owned firm providing insurance solutions to clients in New Rochelle. It offers an array of services, including life, homeowners', and flood insurance. The company also has coverage options for cars and jewelry. Moreover, its other products include business insurance policies that cover general liability, business properties, fire legal liability, and workers’ compensation. Mucci Agency, an independent organization, has been delivering personal and commercial insurance services for more than 30 years.

  • Life Insurance

695 Hempstead Turnpike, Franklin Square, NY 11010
WebsiteLicense: 756676

Expertise.com Rating

Review Sources

Facebook
5.0 (1)

Why choose this provider?

Northeastern Group Ltd. is an insurance agency that serves individuals and businesses in New Rochelle. It offers term life and permanent life insurance policies that provide financial security to beneficiaries in the event of an unexpected death. The agency also has other insurance products for cars, entrepreneurs, and commercial properties. Its insurance policies are underwritten by several insurance carriers, such as AmTrust Financial, CNA Surety, and Kingstone. John D. Heliotis established the family-owned and family-operated agency in 1985.

  • Individual Plans
  • Life Insurance

25 Jericho Turnpike, Jericho, NY 11753
WebsiteLicense: 936591

Expertise.com Rating

Review Sources

Facebook
5.0 (2)

Why choose this provider?

U.S. Insurance Agency, Inc., is an independently owned company that serves clients in New Rochelle. Established in 2001 by Thomas Kurian, it offers various types of life insurance policies, including term life and whole life. The agency also offers other insurance products, such as car insurance, church insurance, and general liability insurance. To offer a wide range of insurance options for clients, U.S. Insurance Agency has formed partnerships with several insurance carriers, including Chubb, Travelers, and Utica First.

  • Life Insurance

405 North Avenue, New Rochelle, NY 10801
WebsiteLicense: 1047363

Expertise.com Rating

Review Sources

Google
5.0 (23)
Facebook
5.0 (1)

Why choose this provider?

Located in New Rochelle, The Ramirez Agency is an independent insurance company under Brightway Insurance that serves residents from the Greater New York area. It offers various life insurance products, including term life, variable life, universal life, and variable universal life insurance. The other personal insurance products that it offers include homeowners', renters', auto, boat, and umbrella insurance plans. Its owner, Julio Ramirez, has been working in the insurance industry for more than a decade.

  • Life Insurance

157 Dubois Avenue, Valley Stream, NY 11581
WebsiteLicense: 985964

Expertise.com Rating

Review Sources

Facebook
5.0 (10)
Yelp
5.0 (1)

Why choose this provider?

Nicole Eliopoulos has been a professional life insurance agent with State Farm for the past 20 years. Serving the New Rochelle community and its surrounding areas, she helps clients find and secure life insurance coverage that will benefit their families and loved ones. Additionally, she assists owners in protecting their small businesses through life insurance policies for key employees or business continuation. Eliopoulos is also able to provide life insurance policies and services to Greek and Spanish-speaking clients.

  • Life Insurance
  • Health Insurance

32 Old Slip, 30th Fl, New York, NY 10005
WebsiteLicense: 1295513

Expertise.com Rating

Review Sources

Google
4.0 (817)

Why choose this provider?

Policygenius is an online insurance marketplace that serves families and individuals in New Rochelle. Its digital platform guides clients through life insurance options, including group, final expense, universal, whole, and term life insurance plans. Online resources are also available to provide client assistance in obtaining adequate financial coverage, considering a policyholder's dependents, debts, and salary. As an independent insurance broker, Policygenius carries auto, home, disability, and renters' insurance. Moreover, it has been in the industry since 2014.

  • Life Insurance
  • Market Place
  • Whole Life Insurance

240 North Avenue, New Rochelle, NY 10801
WebsiteLicense: 658266

Expertise.com Rating

Review Sources

Google
4.0 (17)
Facebook
5.0 (4)

Why choose this provider?

New York-based M.L. Bruenn Co., Inc., has been an independent full-service insurance agency for over 75 years. It provides life insurance to individuals, families, and companies in New Rochelle and the surrounding areas. The agents can assist their clients in choosing between term life and whole life insurance policies. The other services the agency offers include auto, homeowners', contractors,' and restaurant insurance. The agency represents different insurance providers, including American Collectors Insurance, Utica National Insurance Group, and Foremost Insurance.

  • Life Insurance

317 Harrington Avenue, Closter, NJ 07624
WebsiteLicense: 627215

Expertise.com Rating

Why choose this provider?

Hochron Insurance Agency LLC is an independent insurance agency that has been offering insurance products and services to clients in the New Rochelle metro since 1976. The firm is headed by Michael J. Hochron, a licensed insurance agent that has been in the industry since 1963. He offers life insurance products such as term life insurance and whole life insurance plans that provide financial protection to the heirs of the policyholder upon death. The firm also offers disability, dental, and medical insurance plans.

  • Life Insurance

FAQs

  • What are the benefits of the cash value growth of a New Rochelle life insurance?

    Cash value growth is a feature unique to permanent life insurance policies in New Rochelle that act as an interest-accumulating savings or investment account that is funded when you pay your premiums. This feature is available to you for a variety of critical financial needs throughout your lifetime. Furthermore, the cash value of your insurance grows tax-free.

  • How does participating life insurance work in New Rochelle?

    Participating life insurance policyholders in New Rochelle receive dividend payments in addition to death benefits. These dividends represent a shareholder's share of the company's investment profits. Although dividends are typically paid once a year, the return value is not guaranteed. Policyholders can choose to apply the dividend to their premium or receive it in cash.

  • How can one determine how much life insurance coverage they need in New Rochelle using the DIME formula?

    The DIME formula presents a valuable approach to determining the ideal life insurance coverage for individuals residing in New Rochelle. The formula takes into account four crucial factors that can significantly impact an individual's financial stability:

    • Debts and final expenses.
    • Income for the number of years required to support one's family, multiplied by the individual's annual wage.
    • Mortgage.
    • Education cost for dependents' schooling. Basically, adding up the expenses in each category, one can derive an estimate of the necessary life insurance coverage.
  • Are there specific exclusions in New Rochelle life insurance policies?

    Exclusions from life insurance policies offered by New Rochelle's various providers, such as suicide, aviation accidents, wartime cases, and military service risks. Some policies only cover accidental death and exclude illnesses, chronic health conditions, illegal behavior, substance abuse, and high-risk activities like rock climbing or skydiving. Before purchasing life insurance, consult with an advisor to learn about its limitations.

  • Can you place life insurance into trust in New Rochelle?

    Yes, you can transfer ownership of your life insurance policy to a New Rochelle trust. In this case, the payout will go to the trust and be managed by a trustee after your death. If you choose to set up an irrevocable life insurance trust, you can avoid estate and income taxes, exercise control over distribution, liquidate assets, and eliminate any limitations the beneficiary may face when receiving government benefits, ultimately maximizing your dependent's benefit.

  • 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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