Life Insurance Information

Term, Universal & Whole Life Insurance Policies - New York

Life Insurance can help protect your family and is an excellent way to
accumulate money for college, retirement or unplanned expenses. A
person should have life insurance that approaches six to eight times
their annual gross income. Under current laws, there is generally no
federal income tax on death benefits paid to a named beneficiary.

Using the strength and experience of our life insurance markets, we
offer affordable term life, whole life, and universal life insurance policies.

We are your local Rockland County, NY insurance agency, offering affordable life insurance
policy premiums to residents located in the following cities and counties: Spring Valley,
Congers, Nyack, Palisades, Sparkill, Tappan, Orangeburg, Pearl River, West Nyack, New City,
Blauvelt, Nauraushaun, Nanuet, Chestnut Ridge, Montebello, Suffern, Monsey, Piermont,
Rockland Lake, Wesley Hills, New Hempstead, Pomona, Sloatsburg, Tuxedo Park, Southfields,
Ramapo, Hilburn, Greenwood Lake, Warwick, Bellvale, Wickham Village, Monroe, Harriman,
Chester, Goshen, New Hampton, Highland Mills, Willow Grove, Mt. Ivy, Thiells, Tomkins Cove,
Ladentown, Haverstraw, Stony Point, Tomkins Cove, West Haverstraw, Bear Mountain, Jones
Point, West Point, Cornwall-on-Hudson, Mountainville, Salisbury Mills, Craigsville,
Washingtonville, Newburgh, New York City, Middletown, Poughkeepsie, Port Chester, Harrison,
Mamaroneck, Larchmont, New Rochelle, Yonkers, White Plains, Rye Brook, Scarsdale, Rye,
Ardsley, Eastchester, Pelham, Greenville, Hartsdale, Bronxville, Tuckahoe, Mt. Vernon, Bronx,
Irvington, Glenville, Valhalla, Elmsford, Dobbs Ferry, Hastings-on-Hudson, Greenburgh,
Tarrytown, Sleepy Hollow, Hawthorne, Scarborough, Thornwood, Briarcliff Manor, Ossining,
Harmon, Montrose, Crugers, Buchanan, Peekskill, Millwood, Pleasantville, Armonk, Chappaqua,
North Castle, Mt. Kisco, Bedford, Pound Ridge, Bedford Hills, Cross River, South Salem,
Yorktown Heights, Goldens Bridge, Amawalk, Yorktown, Katonah, Salem Center, Somers,
North Salem, Croton Falls, Jefferson Valley, Shrub Oak, Putnam County, Orange County,
Dutchess County, Ulster County, Sullivan County, and Westchester County, NY.

**The information, pictures, and other content in this website about particular insurance services
is only provided for informational purposes. Any decisions regarding your insurance needs
should be discussed with a licensed insurance agent.

Term Life Insurance Policy Information - New York

Life insurance coverage for a specified length of time. A term life
insurance policy is usually purchased with a particular need in mind.
Beneficiaries will collect, usually tax free, the face value of the policy
upon the insured (your) death. Term life is attractive for those with a
limited income, high short term insurance needs, or for personal
family protection.

If the insured survives the time period, the policy expires. There is no
cash value at the expiration of a term life insurance policy. Some
policies have a convertible feature permitting a policyowner to
exchange a term policy for a cash value policy without evidence of
insurability.

Level Term Life Insurance Policy Features

A constant death benefit and a level premium for a
specified number of years. We offer 10, 15, 20, and 30
year terms.

Decreasing Term Life Insurance Policy Features

Has a decreasing death benefit and a level premium.

Click on the link below to fill out a secure quote request form for a
Term Life Insurance policy that will provide excellent life insurance
coverage at an affordable cost. Or you can speak with one of our
Life Insurance agent specialist at (845) 426-0868 to discuss the
features.

Whole Life Insurance Policy

Click on one below to learn more!

Term Life Insurance Policy

Universal Life Insurance Policy

Whole Life Insurance Information

Universal Life Insurance Information

Click here to fill out a

Term Life Insurance

quote request form

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The most popular choice for those seeking to cover permanent needs, such as
contributing to a survivor's nest egg, paying off final expenses, etc. Whole life
insurance provides permanent, lifelong insurance coverage. The benefit amount
remains the same and is payable to the beneficiary(s) at the time of the insured's
(your) death. It also offers an opportunity to build cash value, so you can take a loan
on your policy to fund major purchases or to provide for unexpected costs.

Whole life insurance has a fixed premium and a level death benefit to age 100.
The premiums don't increase with age, which averages the cost of the policy over
your life. The cash value increases with time until it equals the death benefit at age
100. This type of policy never has to be renewed or converted. The cash value is
an amount of money that you are guaranteed to receive in the event of policy
cancellation.

Whole Life Insurance Policy Information - New York

Variations of Whole Life Insurance include:

Modified Premium - lower fixed premium for the first 3 or 5 years, and then
premiums increase. These policies work well for individuals that expect to improve
their financial condition in the near future.

Graded Premium - premium increases each year for the first 5 years, and then is
fixed.

1. premium costs may make it difficult to buy enough

2. need to carry a whole life policy for a considerable length of time to be
very beneficial

3. cash value may be less than your face value

4. cannot vary your monthly premium payment and the premium-paying
period may be lengthy

5. amount of coverage cannot be increased at a later date

Advantages of Whole Life Insurance

1. guaranteed protection for life

2. level death benefit that is generally tax-free

3. premiums do not increase in correlation with your age

4. cash may accumulate tax-deferred

Disadvantages of Whole Life Insurance

Click on the link below to fill out a secure quote request form for a Whole Life
Insurance policy that will provide excellent life insurance coverage at an affordable
cost. Or speak with one of our Personal Insurance Agent specialist at (845) 426-0868
to discuss the features.

Click here to fill out a

Whole Life Insurance

quote request form

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Term Life Insurance Information

Universal Life Insurance Information

Universal Life Insurance Policy Information - New York

A flexible premium policy that combines protection against premature death with a
savings account that typically earns a money market rate of interest. A universal life
insurance policy is a combination of term life insurance protection with the cash
savings value of whole life insurance. Interest rates paid on the cash value are
typically higher than with whole life insurance because they tend to follow the markets.

Premiums for universal life insurance policies can be paid in a lump sum, annually,
or anywhere in between. Interest on the cash value is usually guaranteed, but will
vary according to the investment performance. Each month deductions are made
from the cash value fund to support the costs of the insurance protection. As long as
the cash value is substantial enough to maintain the monthly costs, the policy will
remain in force. Typically the death benefit reduces in proportion to the increase in
cash value, thus causing a level death benefit.

Click on the link below to fill out a secure quote request form for a Universal Life
Insurance policy that will provide excellent life insurance coverage at an affordable cost.
Or you can speak with one of our Life Insurance agent specialist at (845) 426-0868 to
discuss the features.

Click here to fill out a

Universal Life Insurance

quote request form

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Term Life Insurance Information

Whole Life Insurance Information

Edouard Insurance Agency, Inc.

70 South Main Street

Spring Valley, New York 10977

Rockland County, NY

(845) 426-0868

Toll Free: 1-800-776-0585