Best Life Insurance In Vermont
Explore Vermont life insurance, understand what it is, how it works, different policies, laws, and the top insurance providers in Vermont.
Vermont’s life insurance laws are governed by Title 8 of the Vermont Statutes.
- 10-day free look period (VT Admin Code 4-3-4:3)
- 30-day grace period (8 VT 3731)
- The insurance provider is required to pay the death benefit to the beneficiary within 30 days of receiving proof of death (8 VT 3731); Claims accrue interest beginning from the date of death (8 VT 3665b)
- Guarantees up to $300,000 for lost death benefits and $100,000 for lost cash surrender value (source)
Keep in mind that life insurance laws are very similar from state to state (for example, Virginia’s life insurance laws and Washington’s life insurance laws are nearly identical to those of Vermont).
How Much Is A $10,000 Whole Life Policy In Vermont?
The table below shows the rates by age of $10,000 of whole life insurance in Vermont.
| Age | Male | Male (Smoker) | Female | Female (Smoker) |
|---|---|---|---|---|
| 20 | $15.37 | $16.61 | $14.37 | $15.50 |
| 25 | $16.23 | $18.68 | $14.77 | $17.58 |
| 30 | $17.52 | $19.74 | $16.24 | $18.73 |
| 35 | $19.12 | $22.68 | $17.99 | $20.98 |
| 40 | $20.50 | $25.18 | $19.44 | $24.11 |
| 45 | $23.66 | $28.46 | $22.81 | $27.75 |
| 50 | $27.52 | $34.12 | $24.84 | $31.99 |
| 55 | $32.10 | $40.29 | $28.53 | $36.83 |
| 60 | $38.87 | $47.15 | $32.84 | $42.14 |
| 65 | $47.91 | $57.63 | $41.57 | $50.45 |
| 70 | $59.94 | $71.27 | $53.17 | $60.18 |
| 75 | $97.93 | $133.39 | $71.40 | $94.42 |
| 80 | $134.97 | $182.03 | $98.13 | $135.57 |
| 85 | $188.26 | $258.06 | $131.83 | $192.62 |
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Best Life Assurance In Barre
Barre, nestled in the heart of Vermont, offers a unique blend of history, culture, and natural beauty. Known as the “Granite Center of the World,” this charming small city boasts rich heritage sites, including exquisite granite sculptures and quarries that draw visitors globally. Its vibrant community life is complemented by outdoor activities, from hiking and biking trails to exploring the local parks and reservoirs. Barre’s downtown area invites tourists and locals alike with its array of shops, restaurants, and cultural events, making it a perfect blend of industrial legacy and natural allure.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| Essential Retirement Services, Inc. | 185 N Main St Suite 11 | +18025484114 |
| Leo J Dutil Insurance | 260 Camp St | +18024799767 |
| Eddie Rousse | 103 S Main St | +18025056800 |
| Dutil Insurance | 18 Cano Dr | +18024767707 |
| Marsh Agency | 192 S Main St | +18024763100 |
| Bob Bartlett – State Farm Insurance Agent | 92 S Main St Suite 1 | +18024793353 |
| Cheeseman Insurance Group | 14 N Main St Suite 5005 | +18028614800 |
| Plainsman Insurance and Financial Solutions LLC | 8 Lawson Ln | +18029896342 |
| Stoner Insurance Agency | 1396 N Craftsbury Rd | +18025781386 |
Best Coverage In Burlington
Burlington is a vibrant city known for its scenic beauty, diverse cultural scene, and robust economic environment. Nestled on the shores of Lake Champlain, Burlington offers breathtaking waterfront views, picturesque parks, and extensive recreational activities. The city is home to the University of Vermont, lending it a youthful energy and fostering an atmosphere of innovation and education. With a bustling downtown filled with unique shops, restaurants, and entertainment options, Burlington seamlessly combines small-town charm with big-city convenience. Renowned for its commitment to sustainability, community engagement, and arts, Burlington stands out as a dynamic and welcoming destination for residents and visitors alike.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| Plainsman Insurance and Financial Solutions LLC | 8 Lawson Ln | +18029896342 |
| People’s United Insurance Agency | 2 Burlington Sq | +18028632841 |
| NBT-Mang Insurance Agency | Within NBT Bank, 150 Bank St | +18009656264 |
| AssuredPartners | 38 Eastwood Dr | +18604266200 |
| Jeffrey Yates, Bankers Life Agent | 30 Kimball Ave Ste 200 | +18028795788 |
| Jason Decoteau, Bankers Life Agent | 30 Kimball Ave Ste 200 | +18028795788 |
| Cooper Insurance Services Ltd | 595 Dorset St UNIT 3 | +18026580188 |
| Northeast Insurance Broker Services | 620 Hinesburg Rd #120 | +18028624865 |
| Burlington Insurance Agency | 3 Baldwin Ave | +18026602782 |
| Russell Green, Bankers Life Agent and Bankers Life Securities Financial Representative | 30 Kimball Ave Ste 200 | +18028795788 |
| American Income Life Insurance Co – Richard Altig & Ilija Orlovic & Melinda Lyse | 600 Blair Park Rd #100 | +14258852838 |
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Best Policies In Essex Junction
Essex Junction is a vibrant village nestled within the town of Essex in Chittenden County, Vermont, United States. Known for its friendly community and picturesque New England charm, Essex Junction is renowned for hosting the annual Champlain Valley Fair, one of the largest events in the state, drawing visitors from across the region for its amusement rides, concerts, and agricultural exhibits. The village’s central location provides easy access to the larger metropolitan areas while retaining a small-town feel, complete with local shops, eateries, and parks. Home to a mix of families, professionals, and students, Essex Junction benefits from its proximity to prominent educational institutions and thriving businesses, making it a desirable place to live, work, and play.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| Plainsman Insurance and Financial Solutions LLC | 8 Lawson Ln | +18029896342 |
| Kaitlyn Raymond – State Farm Insurance Agent | 29 Upper Main St | +18028783666 |
| Affiliated Associates | 5 Carmichael St | +18028612900 |
| The Essex Agency | 2 Railroad St | +18028785334 |
| Chris Kasper- State Farm Insurance Agent | 159 Pearl St #3 | +18028728300 |
| Marketplace Insurance | Mullen Insurance Agency Inc. | 2 Market Pl # 5 | +18028788156 |
| Bessette Insurance Services Inc | 1 Market Pl UNIT 32 | +18028790144 |
| Mark Erickson – State Farm Insurance Agent | 29 River Rd Ste B | +18028720006 |
| Farm Family Insurance | 709 Portland St Suite 2 | +18027480250 |
| Polly | 2300 St George Rd | +18026559000 |
| Nowak & Nowak | 33 Blair Park Rd STE 103 | +18028791553 |
Best Life Cover In South Burlington
South Burlington, nestled in the heart of Vermont, is a vibrant city that seamlessly blends urban sophistication with the serene charm of the New England countryside. This dynamic community is known for its high quality of life, featuring top-notch schools, expansive parks, and a bustling retail environment, most notably the University Mall, Vermont’s largest shopping center. With its convenient location just minutes from Burlington’s waterfront and the University of Vermont, South Burlington offers residents and visitors a unique mix of cultural attractions, outdoor activities, and economic opportunities. From the lush landscapes of Red Rocks Park to the innovative businesses sprouting throughout the city, South Burlington stands as a beacon of northern hospitality and progressive growth.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| Plainsman Insurance and Financial Solutions LLC | 8 Lawson Ln | +18029896342 |
| AssuredPartners | 38 Eastwood Dr | +18604266200 |
| Northeast Insurance Broker Services | 620 Hinesburg Rd #120 | +18028624865 |
| Burlington Insurance Agency | 3 Baldwin Ave | +18026602782 |
| Kris Luce: Allstate Insurance | 4001 Williston Rd | +18028787144 |
| The Citro Agency: Allstate Insurance | 20 Kimball Ave Ste 307 | +18028633434 |
| Russell Green, Bankers Life Agent and Bankers Life Securities Financial Representative | 30 Kimball Ave Ste 200 | +18028795788 |
| Robert Hewes, Bankers Life Agent | 30 Kimball Ave Ste 200 | +18028795788 |
| Cooper Insurance Services Ltd | 595 Dorset St UNIT 3 | +18026580188 |
| Cross Insurance | 1233 Shelburne Road Suite C2A | +18028652733 |
Best Life Insurance In Rutland
Rutland, nestled in the heart of Vermont, stands as the state’s second-largest city by population. This enchanting city, surrounded by the majestic beauty of the Green Mountains, offers a blend of history, culture, and outdoor activities. With its charming downtown area, Rutland is celebrated for its vibrant arts scene, including the renowned Paramount Theater, and a plethora of dining and shopping options that cater to every taste. The city is also a gateway to some of Vermont’s most exquisite natural attractions, including ski resorts and hiking trails, making it a year-round destination for adventurers and families alike. Rutland, with its picturesque landscapes and community-oriented atmosphere, embodies a blend of small-town charm and modern living, making it a unique and inviting place to visit or call home.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| Cavalieri Insurance Agency | 51 Merchants Row | +18027739999 |
| The Richards Group | 67 Merchants Row | +18027752503 |
| The Rabideau Insurance Agency, Inc. | 144 Woodstock Ave | +18027751628 |
| Andrulat Insurance Services | 64 Allen St | +18027727793 |
| AssuredPartners | 87 West St | +18604266200 |
| Hull Maynard Hersey Insurance Agency | 105 Center St | +18027733000 |
| Comparion Insurance Agency | 170 S Main St #102 | +18026658045 |
| Jennifer Goeke at Comparion Insurance Agency | 170 S Main St #102 | +18026658045 |
| Stephen Oster, Bankers Life Agent | 271 N Main St Ste 204 | +18027754950 |
| American Benefit Corporation | 20 Washington St | +18027751899 |
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Top Life Insurance Companies In Vermont
For the residents of the great state of Vermont, we at GetSure recommend three carriers: Transamerica, Aetna, and Mutual of Omaha.
Transamerica
| Policy Type | Whole Life |
| Available States | All except NY |
| Age Range | 0 – 85 years |
| Coverage Range | $1,000 – $50,000 (varies by age) |
| Policy Duration | Lifelong |
| Waiting Period | None |
| Rate Lock | Yes – rates never increase |
- Very low prices
- No medical exam
- Flat, never-increasing premiums
- No waiting period
- Underwriting has become stricter (e.g., no insulin)
- Coverage limited to $25,000 for older applicants
Mutual of Omaha
| Policy Type | Whole Life |
| Available States | All except NY |
| Age Range | 45 – 85 years |
| Coverage Range | $2,000 – $50,000 |
| Policy Duration | Lifelong |
| Waiting Period | None |
| Rate Lock | Yes – rates never increase |
- Excellent customer service
- No medical exam
- Flat, never-increasing premiums
- No waiting period
- Moderately strict underwriting
Aetna
| Policy Type | Whole Life |
| Available States | All except AK, CA, DC, HI, MA, ME, MN, NY, ND, SD, WA |
| Age Range | 45 – 89 years |
| Coverage Range | $2,000 – $50,000 (varies by age) |
| Policy Duration | Lifelong |
| Waiting Period | None |
| Rate Lock | Yes – rates never increase |
- Lenient underwriting
- Shortest application, industry-wide
- Automated underwriting (approval potentially in minutes)
- No medical exam
- Flat, never-increasing premiums
- N/A
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Rikin Shah
Rikin is the Founder & CEO of GetSure. He is a licensed life, accident & health insurance agent in all 50 states (plus D.C.) and has over 15 years of experience in the financial services industry. He has been featured in publications such as Forbes, USA Today, and U.S. News & World Report, among others. Rikin holds a B.S. in Applied Mathematics from Columbia University and an MBA from The Stanford Graduate School of Business. If you'd like to speak with Rikin to discuss your life insurance options or questions, don't hesitate to email him at hello [at] getsure.org.