Life Insurance In Hawaii
We can help you choose the right insurance plan in Hawaii
It is important to understand the three types of life insurance available in Hawaii.
- Term Life Insurance: Provides protection for a specific time frame such as 20 years. It is generally less expensive than a Whole Life Insurance policy. Often a term insurance can be changed to a permanent policy.
- Whole Life Insurance: This is a form of insurance that remains in force your entire lifetime (as long as you pay our premiums). It is important to note that whole life insurance policies can be an investment as they build value over time.
- Universal Life Insurance: Universal life insurance has flexible premiums but can also build value like the whole life policy which earns through an interest rate that changes occasionally.
To find out more about life insurance and what policy may be best for you, contact a licensed agent today at Carr’s Insurance at 808-836-CARR or 808-836-2277.
If you have questions about your home, auto or renters insurance, call the insurance agents at Carr’s Insurance Agency in Waipahu. We have years of insurance experience and can help you insure everything from your home to your auto or motorcycle. We live where you do and are an independent insurance agent, so we can help you find the right company to fit your needs. You can also check out our website, 24/7.
Carr’s Insurance has strong roots here in Hawaii. Carr’s Insurance Agency is a family owned company that was established in 1990. We are owned and managed by Steve Hoppis, one of our licensed agents! Carr’s is proud to offer a wide range of insurance products including both Personal and Commercial lines. We believe we have thrived here on Oahu because of the respect and great personalized service we give our customers.We pride ourselves on being our customer’s advocate offering great personalized service that is specific to your needs. Carr’s Insurance will go the extra distance to make sure you get the service you deserve. Carr’s Insurance is conveniently located in Honolulu, HI and we’re available online 24/7. Feel free to stop into our office or call us anytime. If you are interested in an insurance quote, and would like a licensed agent to contact you, please click here or call 808-836-2277 (CARR)
Frequently Asked Questions about Life Insurance
How are life insurance premiums calculated?
The two primary factors for life insurance calculations are age and gender. The next would be how much of a death benefit you are requesting.
What does life insurance do?
Life insurance is a type of insurance that pays out to the beneficiary upon the named insured dies. There are different types of life insurance that do different things, so talk to an agent about what is best for your situation.
What are the four types of life insurance and how do I decide which one is right for me?
The four main types of life insurance are whole (permanent) life, term life, universal life and variable life. To decide what option is best for your situation, speak to a licensed life insurance agent and discuss your reasons for wanting life insurance and they can explain all the differences between the plans so you can select the plan that is right for you.