New Year, New Priorities: Start 2026 with a Life Insurance Policy

Securing a life insurance policy in the new year is one of the most meaningful steps you can take toward financial stability. James V. Funaro Agency works with various carriers to help New Yorkers get optimal coverage.

Why Life Insurance Matters

Here are some advantages to having a life insurance policy:

• Financial protection—Life insurance can provide financial support for your loved ones, helping cover everyday expenses, mortgage payments or education costs if you’re no longer there to provide.
• Debt relief—Proceeds from a life insurance policy may help pay off outstanding debts, making sure your family isn’t left with financial strain.
• Flexible options—Our team can help you select suitable policies, whether you choose term life, whole life or universal life policies.

Things to Consider Before Purchasing a Policy

Here are some factors to review before committing to a life insurance policy:

• Consider your current income, outstanding debts and future financial obligations, such as your children’s education or your partner’s retirement needs. This can help determine the appropriate coverage amount.
• Familiarize yourself with the differences between term life, whole life and universal life insurance. Each type offers unique benefits and limitations depending on your long-term goals.
• Carefully read through the policy details to understand what is and isn’t covered, as well as any waiting periods or exclusions that may apply.
• Make sure the premium payments fit comfortably within your budget, both now and as your financial situation changes over time.
• Select a reputable insurance company with strong financial ratings and positive customer reviews.

Get Covered Today

The experienced agents at James V. Funaro Agency can help review your financial priorities, discuss life insurance options and tailor a policy to your specific needs. Contact our team today to get started.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.