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Individual Life Insurance in Cooperstown NY & Palatine Bridge NY

Reassurance for you and your Loved Ones.

The Bob Putnam Agency provides life insurance to individuals in Cooperstown, Palatine Bridge, Cobleskill, Oneonta, {_?_}, {_?_}, and surrounding areas.

Many individuals consider life insurance to be the cornerstone of a sound financial plan. And while no one likes to think about passing on, Life Insurance can relieve you of the financial worry your loved ones may face in the event of your passing. 

Your beneficiaries will be able to use your Life Insurance policy to help pay for anything from expensive funeral costs and estate taxes to making up for lost income or funding your child’s education. It can even be used to continue payments on your mortgage to help ensure that the family home stays in the family.

At The Bob Putnam Agency, we know that choosing a Life Insurance plan is a big decision with many important factors to consider. Our knowledgeable team of insurance professionals is committed to walking you through the process and providing you with the best insurance solution to give you and your family the reassurance they deserve. 

Types of Individual Life Insurance

The Bob Putnam Agency offers several different coverage options for your consideration including term life, whole life, and more.

Term Life – This is typically the simplest and least expensive insurance option. Term life insurance provides coverage at a fixed rate for a specified period of time. It’s a benefit policy that’s used primarily to cover financial responsibilities of the insured, with the benefit to be paid only if the insured were to die during the specified term. Most term life policies can be converted to a more permanent insurance solution such as whole life or universal life insurance.   

There are two types of term life insurance: 

  • Annual Renewable Term is purchased for a period of one year, with the death benefit to be paid only if the insured were to die during that one-year term, along with the option to renew after the term period.
  • Level Term Life guarantees a fixed premium for a given period of time, usually in terms of 10, 15, 20, or 30 years. Your premium is based on your age and coverage options, with longer terms being more expensive.
  • Whole Life – As the most common type of permanent insurance, a whole life policy guarantees a death benefit for the lifetime of the insured as well as a cash value account for savings. Your premium remains constant throughout the duration of policy while payments over and above your premium are credited to your savings, which earn a fixed rate of interest. 

The Bob Putnam Agency is here for you

There are many things to take into account when purchasing life insurance, and changes in your life situation can reflect changes in your insurance requirements. That’s why it’s important to carefully consider the different policy options and ensure that you have the right solution to meet your long-term life insurance needs. 

An insurance specialist with The Bob Putnam Agency will review your current life insurance situation and help you design a policy to plan for the future. 

At the end of the day, one of the biggest investments you can make is an investment in yourself. 

As your personal situations change (i.e., marriage, birth of a child or job promotion), so will your life insurance needs. Care should be taken to ensure this product is suitable for your long-term life insurance needs. You should weigh any associated costs before making a purchase. Life insurance has fees and charges associated with it that include costs of insurance that vary with such characteristics of the insured as gender, health and age, and has additional charges for riders that customize a policy to fit your individual needs.

Our Locations

Cooperstown

106 Chestnut St
Cooperstown, NY 13326
Main office: 607-547-5444
Toll free: 888-258-4209
Fax: 607-547-9193

Binghamton


Located between The Can Man Recycling Location, and Seery-US auto repair shop.

1446 Front Street
Binghamton, NY 13901
Main office: 607-772-0000
Fax: 607-772-0001

Palatine Bridge


Located in the Dutchtown Plaza next to the post office.

46 Dutchtown Plaza
Palatine Bridge, NY 13428
Main office: 518-673-2111
Fax: 518-673-2165

Worcester

9556 Route 7, Suite 2
Worcester, NY 12197
Main office: 607-397-1999
Fax: 607-397-1199

Our Providers

Testimonials

I have been with your company for many years and wouldn’t think of changing to anyone else. The service is great! You are one of the few companies I can say that about.

Laura
Very helpful, good agricultural industry knowledge. Friendly service.

Anonymous
I just wanted to let you know how happy I am with Bob Putnam Insurance. I have to say that the agents in the Greene office have exceeded my expectations. You have been very helpful and have made me feel very comfortable changing over from State Farm to Nationwide Insurance. You have answered all my questions with a smile and patience. I applaud your professionalism and pride you have in your job. Thank you for making me feel comfortable and secure through my decision to change insurance companies.

Kandi M
Niki, Shelley, and Susan are awesome ladies to work with. Very knowledgeable and helpful. Would highly recommend!!!!!

Anonymous
My parents and I spent almost 40 years with one of the “big” insurance companies in Oneonta. All 40 years without a single claim. During a stretch of bad luck in the early ’90’s I ended up filing 3 small, very small, claims in a span of about 2 years. That company that had collected mine and my family’s money for 40 years without having to pay out a single claim dropped our coverage. I became a client of the Putnam agency immediately after. I have been “family” every since. I am not treated like a client but more like a friend or family member that they want to take care of. As a matter of fact I now consider them family friends. I trust the Putnam agency without question. I strongly recommend the Putnam Agency to all my friends and I now recommend them to you.

Hank S.
I love when I walk into any of the 4 offices and I am greeted with a smile and friendly hello. They helped me understand what exactly I was getting with my coverages. They made the whole insurance process easy and painless.

Anonymous
As a customer of Bob Putnam Agency for several years I have been very pleased with the service both Insurance wise and Company Employee wise! I am greeted as soon as I walk in the door by smiling faces! I look forward to walking into your Greene office and very pleased with how your employees treat customers.

Barbara Ann W.
Love the staff at the Putnam agency! They always answer my questions with urgency and professionalism. They were not cheaper when I switched to them 4 years ago but because they took the time to find out what was important to me I really enjoy doing business with them. I have since looked around to check pricing and they come up lower than many other quotes I have been offered.

Anonymous
Our family has been with the Bob Putnam Agency for over twenty five years and we have never been disappointed with their service. Dealing with them has made me feel as if I have a family member in the insurance business, someone who has my insurance interests at heart. They are, and always have been extremely courteous, efficient, knowledgeable and friendly. Suggestions and explanations are frequently offered to allow us to choose what we need, rather than what they want to sell us; they are not a "one size fits all" agency. Nothing is ever a problem and I would recommend them without reservation. Thank you for the exemplary service over the years.

Hal C
Great people, saved our family lots of money when we switched. Staff much more friendly and professional than those "other guys" in town. Will definitely recommend!!

Anonymous
Whether I walk in the office or call on the phone, both Theresa and Mack are always very friendly and helpful. They put things into terms I can understand and make me feel like I'm not just another customer. Talk to them if you want to save some money today.

Anonymous