How much does life insurance cost in Miami in 2026?
A healthy 30-year-old Miami resident typically pays $18–$24 per month for $250,000 of 20-year term coverage. A healthy 45-year-old pays roughly $58–$75 per month for $500,000 of 20-year term. Final expense policies for ages 45 to 85 generally range from $32 to $95 per month. We quote 8 life carriers side by side at no cost, so you can compare real numbers instead of estimates.
Do you charge for insurance consultations or quotes?
Never. Consultations, quotes, policy comparisons and annual reviews are 100% free with no obligation. Our agents are compensated by the insurance carriers, not by you, which means your premium is identical whether you enroll through our agency or directly with the carrier — except you get an advocate on your side.
How fast can I get covered in Miami?
It depends on the product. Final expense and guaranteed issue policies are frequently approved the same day. No-exam accelerated underwriting life policies usually issue in 24 to 72 hours. Fully underwritten term life takes 2 to 5 weeks. ACA Marketplace plans enrolled during Open Enrollment start the first of the following month.
Do I need a medical exam for life insurance?
Not always. We represent carriers offering no-exam accelerated underwriting up to $1,000,000 for qualified applicants, and guaranteed issue final expense coverage for ages 50 to 85 with no health questions whatsoever. We review your health history privately and match you with the carrier most likely to approve you at the best rate.
What is the difference between Medicare Advantage and Medicare Supplement in Miami?
Medicare Advantage (Part C) replaces Original Medicare with a network-based plan — many are $0 monthly premium with copays for visits and prescriptions. Medicare Supplement (Medigap) Plan G works alongside Original Medicare, keeps your doctors nationwide, and typically costs $115 to $210 per month in Miami-Dade with very few out-of-pocket costs. We compare both side by side at no charge.
Can you review a policy I already own from another agency?
Yes, and it is completely free — including policies you did not purchase through us. Our Free Policy Review covers life, Medicare, ACA and annuity contracts, and checks premiums, coverage amounts, riders and beneficiary designations. In 2025 we reviewed 640 existing policies and found that 41% of clients were overpaying or had outdated beneficiaries.
Do you have Spanish and Haitian Creole speaking agents?
Sí. Our Little Havana office provides full in-person and telephone support in English, Spanish and Haitian Creole. Three of our eight licensed agents are fully bilingual in Spanish, and we maintain dedicated Creole-speaking support staff for Medicare and ACA appointments. Documents and plan summaries can be reviewed in the language you are most comfortable with.
I am self-employed with no employer benefits. Can you help?
Absolutely — self-employed workers, 1099 contractors, gig drivers and hospitality staff are our fastest-growing client group in Miami-Dade. We calculate your ACA premium tax credits, many households end up paying under $50 per month, and then pair that coverage with an affordable term life policy so your family's income is protected if something happens to you.
Are your agents licensed and what credentials do you hold?
Every agent holds an active Florida Department of Financial Services license — 2-15 (Life, Health & Annuity) or 2-40 (Health Insurance Only). Our team completes annual continuing education plus AHIP Medicare certification and CMS-compliant marketing training. Biscayne Bay Insurance Group, LLC has been A+ Better Business Bureau accredited since 2015 and is a NABIP member.
What happens if a claim is denied?
Our agency advocates for you at no charge. We contact the carrier directly, assemble the required documentation, file the paperwork and follow up persistently until there is a resolution. In 2025 we assisted 37 Miami-Dade families with life insurance claims totaling more than $1.8 million. Claims support is a core part of our service, not an afterthought.
Can you set up employee benefits for a small Miami business?
Yes. We build small group benefit packages for businesses with 5 to 50 employees, including group health, dental, vision, group life and disability income coverage. Most Miami employers with 25 or fewer employees qualify for small-group rates, and we help you identify available employer tax credits. Request a group quote by calling +1-540-352-6249.
What areas outside Miami do you serve?
In person we serve all of Miami-Dade County plus Broward County (Hollywood, Pembroke Pines, Miramar, Fort Lauderdale) and Monroe County (Key Largo, Islamorada). Because our life insurance licenses are active statewide, we can write Florida life policies by video appointment for clients anywhere in the state — from Naples to Jacksonville.