Connecticut Life Insurance

SaveOnLifeInsuranceNow website helps you find cheap life insurance coverage for your budget. The life insurance industry employs over 40,000 Connecticut residents. There are 410 life insurers who are licensed to do business in Connecticut and invest approximately $70 billion of their assets in Connecticut’s economy. 25 life insurance companies are based in the state.

Connecticut Life Insurance Regulations

Title 38 of the General Statutes of Connecticut regulates claims procedures and cheap term life insurance policy requirements on a state level. Consumers have a 20 day “free look” period. They can cancel the policy at any time during this period, and will receive a full refund of premiums.

The insurance company may terminate a cheap term life insurance policy within the first 2 years if any misleading information is found on the insurance application.

Connecticut Health Facts

The state ranks 4th out of 50 in terms of life expectancy. It’s one of those states where life expectancy at birth is very high (78.7 years). The data was taken from the American Human Development Report (2008-2009). The total population is 3 million people. The median annual income is $65,000. 11% of the population is uninsured. More information about state demographics, economy, health costs, and insurance coverage can be found at Find cheap term life insurance quotes now!

Connecticut Department of Insurance

1560 Broadway, Suite 850

Denver, Colorado 80202

Web site:

Phone: (303) 894-7499

Consumer Hotline: (303) 894-7490; (800) 930-3745 (In-state only)

Visit to find cheap term life insurance rates in Connecticut!