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

Larry Anzivine - Allstate Insurance
(716) 673-1333
38 West Main St
Fredonia, NY
Alternate Phone Number
716-673-1333
Services
Auto-Home-Renters-Motorcycle-Snowmobile-ATV-Boat-And Life Insurance

A/C Associates of NY, Inc.
(716) 681-4739
5135 Transit Rd.
Depew, NY
 
All Nation Insurance Agency
(631) 464-4052
158 Broadway
Amityville, NY
Alternate Phone Number
631-464-4052
Services
Floor - Home- Auto - Commercial Insurance

flood insurance NY
(631) 987-7435
10 grant ave west
babylon, NY
Alternate Phone Number
631 987-7435

Thomas Kowalski Insurance Agency Inc
(718) 273-2000
1140 Bay St Ste C
Staten Island, NY
Services
Insurance and Financial

Northwestern Mutual Financial Network
(716) 626-4500
100 College Pkwy., Ste. 260
Williamsville, NY
 
First Niagara Risk Management Inc,-Canal View
(585) 546-3747
777 Canal View Blvd. Suite 100
Rochester, NY
 
New York Life
(845) 797-6869
460 Temple Hill Road
New Windsor, NY
 
The Donovan Agency
(914) 250-2080
71 North Avenue
New Rochelle, NY
Alternate Phone Number
914-250-2080
Services
Home, Auto, Business, Health & Life Insurance

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

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