Colonna Insurance Services, LLC
Colonna Insurance Services, LLC
1828 Dixwell Avenue
Hamden, CT 06514
Phone: 203-288-5936
Fax Number: 203-230-2211
Toll Free: 888-234-9910
Vincent Colonna, Sr. established Colonna Insurance Services, LLC in 1980, servicing people in New Haven County and throughout the State of Connecticut. We are a full service agency offering commercial, personal, life, & health insurance. Colonna Insurance Services, LLC is also a leader in Student Accident Insurance providing coverage for approximately 60 towns, cities and private schools in Connecticut.
The Agency Family is headed by Dad, Vinny Colonna, who has been in the insurance industry since 1966. He is supported by daughter, Andrea Evans, since 1986 and son, Vince Colonna, Jr., who started with the agency in 1993. Karen Markowski, personal lines manager, has been with the agency since 1987. We know that the most important part of our business is you, our customer, and we are here to provide you with all your insurance needs.
Life insurance is a crucial step in planning for your future and the future of your loved ones. It can fulfill promises made to your family if you are no longer around by providing a death benefit to your beneficiaries in return for premiums paid to the insurance company. Life insurance can also provide benefits while you are living.
Advantages of the Death Benefit
Provides income tax-free money to your named beneficiary(s) that can be used to pay funeral expenses, debt, tuition, estate taxes or virtually any financial need you leave behind.
Can provide business security by enabling partners to buy out the interests of a deceased partner and prevent a forced liquidation.
Advantages of Living Benefits
The cash value growth of a permanent life insurance policy is tax-deferred1, which means you do not pay taxes on the growth of the cash value unless the money is withdrawn.
Loans2 or withdrawals can be taken against the cash value of a permanent life insurance policy to help with expenses, such as college tuition or the down payment on a home.
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