Before purchasing insurance, always verify that the agency and individual is authorized to do business in Connecticut. This section provides the consumer with a helpful guide on where to buy insurance, what products are available and what type of insurance best suits your needs.
Itís important to compare rates from other companies when you are buying insurance, making sure that coverages are comparable. Also be sure to reevaluate your policies each year to make sure that they continue to meet your changing needs. To help you evaluate what your insurance needs are, select your life stage below:
As a young single you may be without parental support for the first time. You may be away from home as a student or an employee. It is important to understand the long-term and financial implications left by the insurance decisions you make today.
As a new family, perhaps with children under 5 years of age, your financial situation changes. Your considerations include purchasing a home, protecting your family in the event of a family member's death and making sure you have adequate health insurance for you and your children.
As an established family, you may already have many of your basic insurance needs in place, such as life insurance and homeowner's coverage. However, as the value of your home and other assets increases, and as your children approach college age, your financial situation - including your insurance needs will change.
As an empty nester, you may be planning to sell your home and retire to a new area, considering long-term care coverage, or evaluating annuities. In addition, you may be entitled to discounts on home or auto insurance. Now is a good time to re-evaluate your insurance needs and coverage.