Long Island Life Insurance – Determining Cost

By now you have probably seen on TV or on the internet, advertisements such as, “$500K of life insurance for as low as $23 per month. Contact us for your instant quote today!”.  Unfortunately, there is no “flat rate” for life insurance policies. The fact is, every life insurance company has different pricing and underwriting guidelines that affects your cost for life insurance. Our specialty at Insurance Suffolk is shopping your Long Island life insurance for you so that you secure the life insurance you need at the most competitive price in New York.

Various Factors Affect Your Life Insurance Cost Basis Including:

• – Age
• – Height & weight
• – Tobacco use
• – Pre-existing conditions
• – Death benefit amount
• – Length of the coverage period (number of term period years or your entire life)
• – Amount of cash value buildup (for permanent life insurance policies)
• – Optional riders such as waiver of premium, coverage of children, etc. (for permanent life insurance policies)

Empower Yourself With A Life Insurance Broker

Remember, a life insurance quote is just a quote. Your ultimate cost for life insurance coverage is determined after you submit an application for coverage, where your lab results and medical records will be examined by the life insurance company. By utilizing Insurance Suffolk, we will take all of your medical information into consideration to select the best life insurance company that suits your needs and at the most competitive price in New York. Remember, prices and underwriting guidelines vary from company to company, so beware of life insurance company agents misquoting you!

From Babylon to Massapequa, to Lindenhurst to Merrick, our life insurance professionals at Insurance Suffolk help our local residents in finding the right Long Island life insurance policy that fits your specific needs at affordable prices. Contact one of our Long Island insurance brokers for a free evaluation and life insurance quote today.