Serving Your Life Insurance Needs with Our Offices in RI, MA, and CT

Many people want to know if they have the right type and amount of life insurance. The two considerations are how much will be needed to address immediate obligations and how much future income is needed to sustain the household or a business. Contact us to calculate how much life insurance you need to preserve your family or your business.

Life insurance is a unique asset that can be used to solve some of life’s perplexing financial problems. It can be used to cover daily living expenses, mortgage payments, outstanding loans, college tuition and other essential expenses. And, the death-benefit proceeds of a life insurance policy are almost never subject to federal income taxes.*
In choosing the type of life insurance you need, consider the purpose and meet with a financial professional to design the policy that is right for you. You can choose Term Insurance to cover a specific period of time or Permanent Insurance for lifelong preservation, and to accumulate cash value on a tax –deferred basis.

If you already have life insurance, how do you know if you need to review your life insurance?

• Did you recently purchase a new home?
  
• Have you and your spouse recently had a new baby?
  
• Are you planning to retire soon? Or have you just recently retired?
  
• Have you recently had an increase or decrease in household income?
  
• Have your children recently moved out of the family home?
  
• Have you recently had grandchildren?

If you answered yes to any of these questions, then it is time to review your existing goals to ensure that you are still on track to meet all your family’s goals.