500 Southborough Dr #300, 04106
12 Atlantic Pl, 04106
600 Sable Oaks Dr Ste 120, 04106
16 Casco St Floor 2, 04101
999 Forest Ave #6, 04103
560 Brighton Ave, 04102
Do you need life insurance in Portland, ME? In Maine, it is not mandatory for employers to provide life insurance coverage for their employees. However, Maine state law does require that employers must provide coverage if they offer a group life insurance policy to their employees. If an employer offers life insurance, they must provide coverage to all employees who work at least 20 hours per week. Employees are not required to pay premiums for this coverage, and the employer may choose to pay the entire premium or split the cost with the employee.
Maine also has a few laws in place that protect employees from being denied life insurance coverage based on their health status. For example, an insurer cannot refuse to issue a policy or rider to an employee simply because they have a pre-existing medical condition. And, an insurer cannot cancel or refuse to renew a policy simply because the employee has developed a health condition since the policy was first issued.
If you have any questions about life insurance laws in Portland, ME, or if you need help getting coverage, contact the Maine Bureau of Insurance at 207-624-8475.
Maine is a great state for term life insurance. This is because the state has very few regulations in place regarding life insurance, which gives insurers a lot of freedom when it comes to setting rates and underwriting policies. As a result, you can find some very competitive rates on term life insurance in Maine.
The best way to find the lowest rate on term life insurance is to compare quotes from multiple insurers. Use an online life insurance quoting tool like the one below to get started.
Maine is a great place to live, and if you're looking for whole life insurance, it's a great place to start your search. There are many different companies that offer whole life insurance in Maine, and each has its own unique benefits and features.
When you're considering whole life insurance in Maine, it's important to compare the different options and find the right policy for your needs. Here are some things to keep in mind when you're shopping for whole life insurance in Maine:
Here are some helpful resources if you're looking for more information about life insurance in Portland, ME:
If you're considering Maine life insurance, you may be wondering if you need to take a medical exam. The answer to this question depends on the type of policy you're interested in.
Term life insurance does not require a medical exam, so if you're interested in this type of policy, you can get coverage without having to go through a medical exam. However, whole life insurance does require a medical exam. This is because whole life insurance is a permanent policy, and the insurer will need to know your health history in order to determine your rates and whether or not you're eligible for coverage.
Explore and compare with other cities in your state: 1, 2, 3.
The materials on this website have been created for informational purposes only and are not intended as legal advice. The law changes frequently and the information may not be complete or correct depending on a number of factors.