The top-rated life insurance agent in Scarborough, Maine is Michelle Raber - State Farm Insurance Agent, rated 5.0 stars across 345 reviews. Other highly rated options include Foy Insurance, A Division of World, Jason Margeson, Bankers Life Advisory Services Financial Advisor, Hoang Phan, Bankers Life Securities Financial Representative. This directory lists 20 life insurance agents serving Scarborough.
Comparison
| # | Name | Address | Phone |
|---|---|---|---|
| 1 | Michelle Raber - State Farm Insurance Agent | 696 US-1 | (207) 883-0111 |
| 2 | Foy Insurance, A Division of World | 152 US-1 Unit 11 | (207) 289-3850 |
| 3 | Jason Margeson, Bankers Life Advisory Services Financial Advisor | 360 US-1 Ste 202 | (207) 536-2742 |
| 4 | Hoang Phan, Bankers Life Securities Financial Representative | 360 US-1 Ste 202 | (207) 536-2742 |
| 5 | Stephanie Greenlaw, Bankers Life Advisory Services Financial Advisor | 360 US-1 Ste 202 | (207) 536-2742 |
| 6 | Cassandra Mancuso, Bankers Life Agent | 360 US-1 Ste 202 | (207) 536-2742 |
| 7 | Varney Agency | 136 US-1 | (207) 883-8229 |
| 8 | Joshua Labrie, Bankers Life Agent | 360 US-1 Ste 202 | (207) 536-2742 |
| 9 | Lisa McGinness, Bankers Life Agent | 360 US-1 Ste 202 | (207) 536-2742 |
| 10 | Caleb Bowen, Bankers Life Agent | 360 US-1 Ste 202 | (207) 536-2742 |
Michelle Raber - State Farm Insurance Agent provides life insurance products as its specialty, including term and whole life policies. The agency also offers general coverage options for auto, home, and health insurance to residents of Scarborough, Maine. Each client receives help assessing their financial needs and selecting appropriate policy benefits. As families consider their long-term security, the agent assists with updating coverage after major life changes such as the birth of a child or the purchase of a new home. End-of-year reviews can help identify gaps before winter holiday travel.
Foy Insurance, a Division of World, serves homeowners and local business owners in Scarborough, Maine by offering life insurance policies designed to provide financial protection for families and companies. Agents work with clients to select appropriate coverage that helps secure their long-term financial goals. The company also assists property managers with key person insurance to safeguard their operations. Operating from Scarborough, this agency additionally extends its life insurance services to residents and business owners in nearby South Portland and the greater Portland metropolitan area.
Jason Margeson, Bankers Life Advisory Services Financial Advisor, serves Scarborough, Maine and the surrounding communities. It handles life insurance policies and other financial products designed to protect individuals and families. The advisor works with clients to understand their specific coverage needs and financial goals. Every policy is assessed for suitability, with plans built around straightforward premium structures and clear beneficiary arrangements. A typical job is approached through a personal consultation, followed by a careful review of available options to match the client's budget and long-term protection requirements.
Hoang Phan, a Bankers Life Securities Financial Representative in Scarborough, Maine, distinguishes between one-time policy purchases and recurring service options such as annual policy reviews for ongoing life insurance needs. Coverage includes term and permanent life insurance plans tailored to provide financial protection for individuals and families in the local community. As a life insurance agent, services are available on both an as-needed basis for new applications and a scheduled basis for periodic portfolio updates and policy adjustments.
Stephanie Greenlaw, Bankers Life Advisory Services Financial Advisor in Scarborough, Maine, specializes in life insurance policies that provide income replacement and final expense protection. The agency also offers guidance on annuities and long-term care insurance strategies to help local clients secure their financial futures. Throughout the year, these services aid households in establishing a safety net against unexpected loss. As the winter months approach, the team can assist clients in reviewing their coverage to ensure it adequately protects their family’s financial stability against seasonal hazards like ice and snow-related accidents.
As winter storms and unpredictable weather test homes in Scarborough, Maine, securing reliable financial protection for one's family becomes a pressing concern. Cassandra Mancuso, Bankers Life Agent helps local residents evaluate their long-term security needs. This agency focuses on identifying life insurance policies that align with individual budgets and family goals. The process begins with a thorough personal assessment to understand a client's current coverage and future objectives, typically starting with a no-obligation initial consultation at the client's home or office.
Varney Agency provides a full range of life insurance services, including policy selection, financial planning, and risk assessment for individuals and families throughout Scarborough, Maine. Its maintenance plans cover annual policy reviews and beneficiary updates. These services are designed to assist clients in securing their long-term financial future. The agency serves single-family homes, apartments, retail businesses, and local restaurants.
Joshua Labrie, Bankers Life Agent in Scarborough, Maine, provides life insurance coverage to help individuals manage financial risk and plan for their family's long-term security. As a licensed agent, these services complement existing financial strategies through tailored policy options. The agent serves a variety of commercial sectors in the region, including local offices, warehouses, and food service businesses.
Lisa McGinness, Bankers Life Agent offers life insurance services to residents of Scarborough and the surrounding area. Residential clients are served alongside commercial coverage needs for small businesses in the region. This practice focuses on providing essential financial protection tailored to individual circumstances. Clients appreciate receiving clear explanations of their policy options before committing to a plan. The agent remains available to address any questions that arise and gladly adjusts coverage for life changes between regular visits.
Caleb Bowen, Bankers Life Agent serves senior homeowners and retirees in the Scarborough, Maine area, offering life insurance products designed to help cover final expenses and provide financial protection for loved ones. This agency guides clients through selecting appropriate policy options, with a focus on whole life and term coverage that aligns with individual retirement planning needs. The agent also assists families in neighboring communities such as Saco and Biddeford, extending support to residents across southern Cumberland and York County.
What Does a a Life Insurance Agent in Scarborough Cost?
The cost of a life insurance policy in Maine depends on age, health, coverage amount, and policy type. A healthy 35-year-old in Scarborough might pay between $25 and $60 per month for a 20-year term policy with $500,000 in coverage. Whole life policies typically cost more, often starting at $100 per month for a similar face amount. This is general information and not insurance advice.
About life insurance agents in Scarborough
Life insurance agents in Scarborough, Maine help residents choose term, whole, or universal life policies. Maine law requires agents to hold a state license and follow strict disclosure rules. Local agents understand the needs of families and small businesses in southern Maine.
Frequently Asked Questions
What license does a life insurance agent need in Maine?
In Maine, a life insurance agent must hold a valid resident or non-resident license from the Maine Bureau of Insurance. Agents must complete continuing education every two years to maintain their license.
How long do I have to review a life insurance policy in Maine?
Maine law provides a free look period of at least 10 days for most life insurance policies. You can cancel the policy within that time and receive a full refund of any premiums paid.
Does Maine have a state inheritance tax on life insurance proceeds?
Maine does not have an inheritance tax. Life insurance death benefits are generally not subject to Maine income tax. However, the value of the policy may be included in the estate for federal estate tax purposes.