Insurance Binghamton NY

Insurance is a form of risk management, where one party pays another to hedge against some type of loss. Insurance policies can be purchased for a number of different uses and to protect against a variety of losses. Life insurance, auto insurance homeowners insurance, and health insurance are some of the most common types that people pay for. In these instances people are hedging against sickness and loss of life as well as damage and destruction of property at the hands of others. There are differing laws throughout the country that govern the necessity of having certain types of insurance.

New York Life / NYLIFE Securites LLC
(607) 765-4882
189 Riverside Drive
Johnson City, NY
Alternate Phone Number
607 765-4882
Services
Insurance, Investments, Planning for Personal & Business Needs

ALLcreditfinancialservices.com,LLC
(516) 537-8175
Northern Blvd
Roslyn, NY
Alternate Phone Number
877-865-1855
Services
Financial services,legal services

Allstate Insurance
(716) 783-8339
2201 Kensington Ave.
Snyder, NY
 
Online Auto Insurance Quote Brooklyn New York
(877) 847-8990
253 Ralph Avenue
Brooklyn, NY
Alternate Phone Number
(877) 847-8990
Services
Insurance Services

Syracuse Insurance Agency Inc.
(315) 413-5005
5640 E. Taft Road, Unit 2206
Syracuse, NY
Alternate Phone Number
315-413-5005
Services
Insurance

MetLife
(716) 650-6473
150 Essjay Rd.
Williamsville, NY
 
Insurance Associates Marketplace Agency Inc
(716) 875-6944
100 Colvin Woods Pkwy. Ste. 100
Tonawanda, NY
 
Hudson Valley Agents
(845) 778-2141
99 West Main Street
WAlden, NY
Alternate Phone Number
888-228-5417
Services
insurance

DJM Advisory Group
(845) 803-8370
41 Scout Hill Rd
Mahopac, NY
Services
Insurance Agency, Insurance, Health Insurance, Term Life, Car Insurance

M & T Insurance Agency, Inc.
(716) 853-7961
285 Delaware Ave., Ste. 4000
Buffalo, NY
 

Insurance

Insurance


Term Insurance or Whole Life Insurance?
By Jonas Zamora
March 13, 2007
Jonas Zamora is a Certified Financial PlannerTM professional. You may contact him at jzamora@zacks.com

There are two main types of insurance – term and permanent/whole life insurance. For many, term insurance is a good route because it is the least expensive life insurance. Some folks like the many bells and whistles that go with permanent insurance along with life time coverage. Of course this makes whole life insurance more costly.

Term Insurance

Term insurance is the least expensive. Benefits are payable at death as long as it occurs during the term of the policy. Coverage is purchased at a specific price for a specific period – the length of period can range usually from one year to 30 years.

If you have certain expenses that need to be paid off during a certain period, term is the way to go. Such expenses, like your mortgage or college education for children, are great examples of this. Let’s say you have a 15-year mortgage and your debt is $250,000. You may consider a 15-year policy to protect your family for the amount you owe. Same thing if you have young children. Match up the amount of insurance you buy with your expected tuition bill. Keep in mind that you must adjust today’s college expenses for inflation.

Remember that term insurance is inexpensive because your coverage lasts for a limited time and there is no investment component. The money you save by purchasing term instead of whole life, however, could always go into your own investment account or disability insurance.

Whole life/Permanent Insurance

Permanent or whole life insurance is more expensive and it covers you whether you die today or when you’re....

Click here to read the rest of this article at Zacks.com

Home Insurance

Over the last decade, the inflation cost of construction has far outpaced other sectors of the economy. If your homeowner insurance policy has not kept pace, you may have a coverage gap to be concerned about. Additionally, property owners create another coverage shortage by not advising their agent about additions and alteration upgrades. Most homeowner insurance policies contain clauses requiring an Insured to notify the agent and or insurance company when a renovation or addition increases the property replacement cost. The company is only obligated to pay up to the replacement cost of the documented square footage. You, as the homeowner, would have to make up the difference.

Attribution: All Choice Insurance Agency INCORPORATED

The opinions expressed by the Correspondents and those providing comments are theirs alone, and do not reflect the opinions of the nSphere or any employee thereof. All data and information provided on this site is for informational purposes only. nSphere makes no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. For any questions or to become a Correspondent yourself, please contact us at 617.933.7516.