Life Insurance - Multiple Life Insurance Quotes For Residents Of Buffalo, NY & Western New York

Get Competitive Life Insurance Quotes

Clauss & Company Insurance Agency is an Independent Insurance Agency, so we can choose from leading Insurance Companies to find your optimum Life Insurance coverage at a competitive price. We have been here in Buffalo, NY since 1919, helping people like you choose the best life insurance policy to fit their situation. In the event of a claim, you can be assured that we'll always be here to provide any support that you or your loved ones may require.

Whether you are seeking Whole Life Insurance or Term Life Insurance, the Life Insurance Experts at Clauss & Company Insurance Agency can help you find your optimum Life Insurance Policy. Our objective is to help you secure the coverage that meets your needs at a price you can live with. We also write individual disability coverage and policies for long term care.

You are always welcome to Contact Our Office to request a FREE consultation with an insurance professional who can help you determine the optimum type of life insurance policy for your needs.

Life Insurance

Life Insurance is a type of Personal Insurance that pays a designated Beneficiary a monetary Benefit upon the death of the insured person. The 2 main types of Life Insurance are:

• Permanent Life Insurance
• Term Life Insurance

Permanent Life Insurance

Permanent Life Insurance provides protection for the remaining lifetime of the insured person and also accumulates cash value over time up to a date of Maturation. The accrued cash may be used at any time to fund a major purchase, send your kids to college, or allow for loans in the event of an emergency.

There are various types of Permanent Life Insurance Policies available, including:

• Whole Life Insurance Policies
• Endowment Life Insurance Policies
• Universal Life Insurance Policies

Term Life Insurance

Term Life Insurance provides a death benefit only within a specific period of time (the Term) with no accrued cash value.

The 3 key factors to be considered in evaluating a Term Life Insurance Policy are:

1. The Face Amount (Death Benefit)
2. The Premium (Policy Cost)
3. The Term (Length of coverage)

The premium & benefit options can change with time, or remain constant, depending on your needs and preference.

Life Insurance Cost

Clauss & Company offers a range of Life Insurance Policies, from several reputable Companies, so that we can help you find a policy to suit your needs.

If low cost is your primary concern, premiums for Term Life are lower than Permanent Life. However, if the insured is still alive at the end of the term, the contract expires.

Permanent Life Insurance offers significant Financial Benefits including Investment Opportunities and Tax Advantages, and builds cash value over time.

Here are factors that are used to determine a life insurance premium:

• Age - probably the greatest factor
• Gender - women have higher average life expectancy than men
• Physical Condition - including Body Mass Index, Exercise Habits, & Medical History
• Family History - including Genetic Factors that affect longevity
• Occupation - used to asses risk of being killed at work

The professionals at Clauss & Company Insurance Agency are here to help you choose the type of Life Insurance that is best suited for you.