Vermont Life Insurance [2023]

We offer Vermont residents life insurance from several of the best VT life insurance companies on the market. Life insurance is very similar from state-to-state, with a few exceptions, so expect a difference with your Vermont life insurance rates.

However, this guide should help you understand the differences in Vermont life insurance as well as find resources in your state. We’ll also show you how to get the best life insurance in Vermont.

Before we dive into this guide, find affordable Vermont life insurance rates by clicking on our FREE quote tool above. Get started now.

How can you get Vermont life insurance quotes?

We offer Vermont residents life insurance from several A-rated life insurance companies. Life insurance is very similar from state to state, with a few exceptions. This guide should help you understand the differences as well as find resources in your state.

Policy Cost — The premium (cost) you pay for your life insurance policy does not vary by state. It is the same regardless of which state you live in. Life insurance premium rates are set by life insurance companies then approved by the State Insurance Department. Term life insurance also tends to be cheaper than permanent life insurance.

Company Availability — Not all companies are available in every state. For example, if a life insurance company has not filed its product or rates with your State Insurance Department, that company won’t be available in your state. Company availability changes often due to new filings. This is just how insurance law works.

Product Availability — There are instances where life insurance companies only offer a specific type of life insurance policy or riders in a state. For example, a company may offer a child insurance rider on their policy, but the feature may not be available in all states. These exclusions can be viewed by clicking on the life insurance companies in the list below.

Vermont life insurance also offers residents a 10-day free look period, a 30-day grace period, and a guarantee of benefits up to $300,000 in case of insolvency.

Your life insurance quotes are always free.

 Secured with SHA-256 Encryption

What are the average life insurance rates in Vermont?

You may be wondering what to expect with Vermont life insurance rates. In the chart below, you’ll find what the best life insurance companies in Vermont charge based on age, marital status, and gender for non-smokers. However, it’s possible that your rates will be different, especially if you smoke.

You can also see how many life insurance companies there are in Vermont versus the other northeastern states.

According to the chart, there is one Vermont life insurance company that specifically does business within the state, but that doesn’t mean fewer Vermont life insurance coverage options for you.

Check out our free quote tool on this page to find out exactly what your VT life insurance quotes will be.

What is the Vermont Guaranty Association?

State guaranty associations are committed to protecting resident policyholders and beneficiaries in the event of an insurance company insolvency. The association is made up of all insurance companies licensed to sell life insurance, health insurance and annuities in the state. If an insurance company becomes insolvent (goes out of business), the association steps in to provide policyholders with financial protection by continuing coverage and paying claims for death benefits, up to defined limits.

In Vermont, a life insurance policy is protected up to $300,000. This amount is the maximum benefit provided for any one life. In other words, multiple policies on any one person are limited to this amount even if it is lower than the death benefits of the actual policy.

Vermont Life Insurance Contacts

Here is a list of all the necessary state contacts for residents with Vermont life insurance claims and other related matters.

Guaranty Association

If you need information about a Vermont life insurance or health insurance guaranty, contact the Vermont Life & Health Insurance Guaranty Association at 1-802-249-0284 or visit the website.

Insurance Department

For the latest updates from the Vermont Department of Financial Regulation, call 1-802-828-3301 or visit the website. Here, you can access all things insurance in the State of Vermont.

If you work for the state, you can locate resources and get help with your State of Vermont employee benefits, i.e., the State of Vermont employee health insurance, State of Vermont tuition reimbursement, and Vermont state short-term disability benefits.

The State of Vermont Human Resources is also another source for this information, in addition to the State of Vermont compensation information, i.e., the State of Vermont pay chart, for prospective and current employees and the State of Vermont retirement benefits for former employees.

Legal Info

QuickQuote is licensed to sell life insurance in Vermont under Agency License Number 650676.

The licensed company principal is Tim Bain, Agent License Number 94652.

Vermont Life Insurance Companies

American General Life Insurance Company

Banner Life Insurance Company

Fidelity Life Association

Haven Life / MassMutual

John Hancock Life Insurance Company

Lincoln National Life Insurance Company

Metlife Life Insurance Company

North American Company for Life & Health Insurance

Pacific Life & Annuity Company

Principal Life Insurance Company

Protective Life Insurance Company

Pruco Life Insurance Company (Prudential)

Sagicor Life Insurance Company

The Savings Bank Life Insurance Company of Massachusetts (SBLI)

Transamerica Life Insurance Company

United of Omaha Life Insurance Company

Don’t wait — Use our free quote tool to get affordable life insurance rates in Vermont. Get started now.

Your life insurance quotes are always free.

 Secured with SHA-256 Encryption