Expertise.com

Best Life Insurance Companies in Warwick

2024

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Providers

Last updated:

Website
1275 Wampanoag Trail, East Providence, RI 02915
  • Whole Life Insurance
  • Life Insurance
  • Term Life Insurance

Why choose this provider?

Zuzick & Associates is an independent insurance agency delivering insurance options to clients located in the Warwick area. The company offers life insurance products, including term life insurance and whole life insurance. Term life provides coverage for a fixed time, while whole life covers a person's lifetime. Zuzick & Associates also offers a Child Safe Kit to help mitigate the number of missing children and a Free Will Kit to aid clients with asset management. The company partners with American Income Life.

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.
4.9
Google
4.9 / 5 (660)
Facebook
4.8 / 5 (22)

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
631 Main Street, East Greenwich, RI 02818
  • Life Insurance

Why choose this provider?

Dacey Insurance is an independent insurance company that serves Warwick and the neighboring cities. It offers life, disability, and long-term care insurance solutions to families and individuals. The company also helps commercial clients get coverage for general liability, commercial property, employment practices liability, and workers' compensation. Owner Mike Dacey is an attorney, a CPA, and an insurance professional. He offers his perspective to help clients decide on the plans for them. Mike's father, Thomas Dacey, also had 50 years of experience in the insurance industry.

License Verified:

License: 2041700

Rhode Island Insurance Division

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.
4.2
Google
4.0 / 5 (44)
Facebook
5.0 / 5 (8)

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
17 6th Avenue, East Greenwich, RI 02818
  • Life Insurance

Why choose this provider?

Doorley Agency, Inc. is an independent insurance agency catering to clients in Warwick and the surrounding areas. The Trusted Choice agency specializes in helping individuals, families, and businesses acquire the policy they need across life, health, homeowners', auto, commercial, and business insurance plans. The company also provides group insurance packages for businesses. It has partnered with numerous insurance carriers to give clients a wide range of options to choose from.

License Verified:

License: 1089419

Rhode Island Insurance Division

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 (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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
91 Toll Gate Road, Warwick, RI 02887
  • Life Insurance

Why choose this provider?

The Insurance Center is an independently owned and locally operated insurance firm serving Warwick and the surrounding areas. Since it opened in 1973, it has been helping customers secure life insurance policies. Its team of insurance agents finds coverages that fit clients' unique needs, including term life, whole life, and universal life insurance. In addition, they also handle business, auto, and homeowners' insurance. The Insurance Center compares products from several carriers, such as Safeco, Travelers, Foremost Insurance, and Progressive, for clients' benefit so they can choose what appeals to them.

License Verified:

License: 1089451

Rhode Island Insurance Division

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 (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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Frequently Asked Questions

  • How can Warwick residents use life insurance as a retirement income source?

    Warwick residents can use whole or universal life insurance policies as a retirement income source by tapping into the policy's cash value. They can take out tax-free loans from this value, which don't necessarily need repayment. An insurance advisor in Warwick can provide detailed options and guidance on how this method aligns with one's overall retirement goals.

  • How can Warwick residents benefit from life insurance both during their lifetime and posthumously?

    Life insurance serves dual purposes for residents of Warwick. Beneficiaries receive tax-free funds after a policyholder's demise, assisting with various financial needs and ensuring business continuity. On the other hand, policyholders enjoy tax-sheltered cash value growth in whole life policies while alive and can access these funds for significant life events or expenses. An insurance expert in Warwick can provide deeper insights.

  • What must Warwick life insurance companies do if they change how they set nonguaranteed element scales?

    When a life insurance company in Warwick adjusts its method for determining nonguaranteed elements, it must promptly inform impacted policyholders in the state before the first adjusted payment. However, this mandate isn't applicable for policies with a death benefit of $5,000 or less. Warwick residents should stay informed and seek clarity from their insurers on any changes.

  • What entity protects Warwick residents who want to obtain life insurance?

    Warwick residents who opt for life insurance from licensed companies gain an extra layer of security through the Rhode Island Life and Health Guaranty Association. The association stands as a significant safety net by ensuring policyholders' claims get paid (up to certain boundaries) should an insurer run into financial trouble. It remains essential for individuals to actively choose insurance companies that showcase strong financial foundations and prudent management.

  • If the Rhode Island Life and Health Guaranty Association becomes responsible for a policy, what measures do they take to ensure coverage continues?

    When the Rhode Island Life and Health Guaranty Association takes responsibility for a policy, they might transition it to a solvent insurer to ensure ongoing coverage and claim settlements. The association might maintain or issue a replacement policy directly. They may collaborate with other state associations to craft a comprehensive protection plan. The nature and timing of protection can vary based on solutions for the defaulting insurer's obligations.

  • 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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