Life insurance is a tool that many people use to pass down wealth to their surviving spouse, children, or other benefactors. Though, it is not a requirement by law for those living in Maine, New Hampshire, and Vermont; many choose to invest in this invaluable financial instrument.
Business owners can benefit their families in this way by providing a means of income while their surviving relatives strive to weather the transition and continue paying employees.
Retired individuals may have a dependent spouse who needs maintenance after their passing, and this is one way also to provide funerary expenses. Your knowledgeable Gateway Property & Casualty representative can further advise you in your particular situation.
A policy can pay for college tuition for grown children and can also provide a means of supporting offspring who have special needs. Various trusts exist for people who want to gain certain tax advantages.
Life insurance is typically offered in terms of term, whole, and universal. Term insurance is usually for a period of ten, twenty, or thirty years and is the least expensive. Whole life insurance lasts for the duration of your life and has a savings component from which you can borrow, but that has to be paid back or deducted from the death benefit.
Universal life insurance is more flexible in terms of premium amount, depending on how much you have saved, and you can also adjust the death benefit figure.
We offer a variety of specialized life insurance products to meet your needs. In addition, we invite you to visit our website, where you can use our online rating tool to find a quote on homeowners or automobile insurance.
Speak to one of our qualified agents today for more information, and we serve those who live in Maine, New Hampshire, and Vermont.
I’ve worked with Tracy on a couple of policies and the experience each time has been so easy. I was able to give her most of the information she needed via email, and we had a couple of quick conversations on the phone, but she really makes an effort to make the process simple and convenient.
- Lisa L.
While attempting to maneuver through the myriad of insurance agencies, I inadvertently found myself entangled in a serious situation associated with insuring my assets. Contacting Brian (Arsenault) of Gateway Property and Casualty and explaining the situation, he immediately developed a plan, took action on that plan, and had an acceptable solution that same day. So, if you are seeking a new insurance carrier, or desire your current policy to be assessed, I strongly recommend pursuing Brian Arsenault of Gateway Property and Casualty Insurance. I believe you will be very impressed with his professional manner, courtesy, can-do attitude, and vast knowledge of the insurance industry. He is just waiting to welcome you in as a member of the family.
- Tom S.
Brian was great to work with, very relaxed and gave us peace of mind with the coverage we transitioned to. Wish we had done it sooner
- Caleb V.
Excellent Service...shout out to Tracy Thibeau!
- Debbie T.
Our Gateway agent is always available to explain, advise and answer questions. We feel secure that we have obtained all the coverage we need at affordable cost. We are grateful to be supported by such skilled professionals and would enthusiastically recommend Gateway to others.
- Stephen K.
Tracy always has me covered. Usually when I have to make phone calls for the " Adult" part of life, I dread it but when I need anything insurance related I always feel a little excited because talking with Tracy is like catching up with a friend. She has made everything I need to do super easy and is always looking out for us and our policy. Honestly, Tracy and her team are the best insurance agents I've had, and I've gone through a few. Thank you so much Tracy for being so helpful and on top of whatever comes up for me and my family. We truly appreciate you !!!