Expertise.com

2024

Last updated:

Best Life Insurance Companies in Vermont

Our Recommended Top 11

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 Vermont 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.

27611Reviewed

16571Curated

11Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Vermont

Expertise.com Rating

Review Sources

Facebook
4.7 (46)
Google
5.0 (3)
Yelp
5.0 (1)

Why choose this provider?

Kinney Pike Insurance Professionals caters to clients in Vermont who need life assurance products. These options include whole-life plans for individuals who require an investment component for their families and term-life selections that mature upon death. Employee benefits programs are also available for businesses that provide health and disability benefits to their staff. Kinney Pike merged in 1969 with the Steven C. Dorsey Agency to form a single entity that combined the latter's industrial life indemnity focus with the former's business and casualty practice.

  • Life Insurance

Vermont

Expertise.com Rating

Review Sources

Google
3.9 (9)

Why choose this provider?

Laberge Insurance Agency, INC. serves clients residing in Vermont. The firm offers life insurance, medicare supplement insurance, business insurance, and personal insurance. Its staff conducts risk management assessments that cover risk elimination, reduction, transfer, or assumption in order to personalize insurance programs for clients. The company thoroughly reviews current plans with a focus on closing any gaps in coverage and lowering costs. It partners with carriers such as Hartford, Kemper Insurance, Safeco, and Progressive Insurance.

  • Whole Life Insurance

Vermont

Expertise.com Rating

Review Sources

Google
4.9 (14)

Why choose this provider?

Burlington Insurance offers life indemnity coverage for clients living in Vermont. These products provide protection against unavoidable or unforeseen loss or harm to one's person. Personal and property options are also available over agricultural properties, business assets, and marine vehicles. The company delivers policies supplied by brand names such as Ohio Mutual, The Concord Group, and Co-Operative Insurance. Burlington Insurance is a local agency that focuses on maintaining open lines of communication and responding to customer queries promptly.

  • Life Insurance

Vermont

Expertise.com Rating

Review Sources

Google
5.0 (51)
Facebook
4.9 (43)
Yelp
4.5 (2)

Why choose this provider?

Barrett Insurance Agency is a family-owned and family-run business. It offers a wide range of insurance products, from life to business policies. Some of the companies it represents are Progressive and Ohio Mutual. Barrett Insurance Agency has been serving Vermont and New Hampshire clients since 1989 and is currently led by a second-generation husband-and-wife team, Michael and Jennifer Barrett. Michael can be heard discussing insurance topics on Magic 97.7 and Kix 105.5 WKXH. He also serves as the vice president of the Vermont Insurance Agents Association.

  • Life Insurance

Vermont

Expertise.com Rating

Review Sources

Google
4.8 (13)

Why choose this provider?

Royer Camp & Associated Insurance serves residents of Vermont who are seeking life coverage. It has plans that protect individuals and their beneficiaries in the event of catastrophic harm or death and health options are available to indemnify medical treatment burdens. The agency also has non-life contracts that range from commercial auto to inland marine policies that are supplied by established names like Union Mutual and The Hanover Insurance Group. It has been operating for more than five decades.

  • Health Insurance
  • Life Insurance

Vermont

Expertise.com Rating

Review Sources

Facebook
4.6 (10)
Google
5.0 (3)

Why choose this provider?

Palmer Insurance of Vermont serves individuals and families in the state. It offers life insurance plans to help people prepare for the future. Clients can use their cash value to supplement their retirement income, pay for college, and fund a well-earned vacation. The firm also offers disability insurance policies and secure investment products, such as fixed, deferred, and immediate annuities. The agency aims to help people live a worry-free lifestyle by assessing their risks and reducing their exposures.

  • Life Insurance

Vermont

Expertise.com Rating

Review Sources

Facebook
4.9 (49)
Google
4.5 (19)
Yelp
1.0 (1)

Why choose this provider?

123 Insurance is an independent agency that has been serving individuals, families, and businesses in Vermont since 2012. Its agents have 75 years of combined experience providing insurance products tailored to their specific needs, such as life, auto, condominium, and flood insurance. It also has home insurance policies that cover personal possessions, living expenses, replacement costs, and liabilities. The company represents a wide selection of insurance carriers, including Progressive, Granite Mutual Insurance, and Vermont Mutual Insurance.

  • Life Insurance

Vermont

Expertise.com Rating

Review Sources

Google
5.0 (8)

Why choose this provider?

Rock Insurance Agency, Inc., serves clients in Vermont and the neighboring communities. It helps secure clients' and their families' futures by offering various insurance policies, including life, critical illness, disability, pet, and special events. It also helps protect their investments and belongings through auto, farm, flood, home, and motorcycle insurance policies. The agency's owner, Peter Tarbox, has been working in the insurance industry since 1991. It carries insurance products from Safeco, Progressive, Dairyland, Concord Group, and American Modern.

  • Life Insurance

Vermont

Expertise.com Rating

Review Sources

Google
5.0 (67)
Facebook
5.0 (7)
Yelp
3.0 (2)

Why choose this provider?

The Crowley Insurance Agency provides clients in Vermont with different coverage options, including life insurance products. Its staff canvasses and collects a diverse selection of choices from various providers and carriers throughout the local region for a client's perusal. Each product is specifically designed to cover a person's estates and assets, as established after comprehensive consultations, to maintain the living level for potential beneficiaries. The agency's service center is also open to clients for document submissions and inquiries involving specific insurance changes.

  • Individual Plans

Vermont

Expertise.com Rating

Review Sources

Google
4.9 (16)

Why choose this provider?

Ken DeCandio is a State Farm agent who addresses the insurance needs of residents in and around Vermont. He offers a selection of personal protection plans, including life insurance. He writes customized policies to protect clients from monetary losses in case of unexpected perils. He also caters to families and individuals who want to acquire homeowners', renters', condominium, and pet insurance. DeCandio works with entrepreneurs seeking business insurance plans, such as workers' compensation, BOP, and commercial auto coverage.

  • Long Term Care

Vermont

Expertise.com Rating

Review Sources

Google
5.0 (4)

Why choose this provider?

Hamlin Insurance Agency is a locally owned company that assists individuals and businesses in Vermont with finding and buying risk management solutions. It understands how essential financial security and peace of mind are for clients and offers suitable policies after considering the clients' circumstances and goals thoroughly. Via a customer-centered approach, its staff members lay out comprehensive life insurance details that may help cover outstanding loans, living expenses and college tuition of the clients' dependents in case of loss.

  • Life Insurance

FAQs

  • 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.

  • How does life insurance work?

    The details of how life insurance works depend on your individual plan, but the basics are as follows: 

    • You pay a premium to purchase the insurance. Typically the premium is paid monthly, but it could be rolled into quarterly, bi-annual, or annual payments. 
    • As long as you are meeting or have met premium obligations, if you pass away, the insurance company makes the agreed-upon payment to the beneficiaries you designated. 
    • Beneficiaries usually have to provide the insurance company with a death certificate to receive their payments.
  • How much is life insurance?

    The cost of life insurance ranges widely. Term life insurance can cost as little as a few dollars a day, and whole life insurance can cost thousands per month on the high end. Factors that impact the cost of your life insurance include whether you're choosing term life insurance or whole life insurance, your age, how much coverage you want, your overall health, and your gender.

  • Is life insurance taxable?

    Life insurance proceeds are the funds paid via your plan to your beneficiaries if you pass away. These are also called death benefits. Typically, these are not considered income for taxes. If you take out cash value from a whole life insurance investment and the amount exceeds how much you paid in premiums, the difference may be considered taxable income.


  • Can I buy health insurance that is not Obamacare?

    When people say "Obamacare insurance," they typically mean insurance within the health insurance marketplace. You can get health insurance outside of the marketplace by going through your employer, choosing COBRA coverage if you leave your job, or buying a short-term health insurance policy through an insurance agent. ACA-compliant plans meet all the benefits and coverage requirements of the Affordable Care Act. But you may be able to find supplemental or short-term coverage that simply provides peace of mind for major medical expenses.

  • Can I buy health insurance anytime?

    To buy health insurance in the marketplace, you must purchase it within open or special enrollment periods. But you can purchase short-term coverage to bridge the gap between now and the next open enrollment period. These plans are meant to be used for less than a year. You can purchase them online or via insurance agents, but they may not be ACA-compliant.

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