Life Insurance By State

Best Life Insurance In Indiana

Explore our comprehensive guide to life insurance in Indiana: understand policies, laws, leading insurance companies, and protect your loved ones.

1 min read
Indiana cost of a funeral

Indiana’s life insurance laws are governed by Title 27 of the Indiana Code.

  • 10-day free look period (IN Code Ann. 27-1-12-43)
  • 30-day grace period (IN 27-1-12-5)
  • Insurers must pay interest on claims that aren’t paid within 30 days (IN 27-1-12-35)
  • Guarantees up to $300,000 for lost death benefits and $100,000 for lost cash surrender value (source)

Keep in mind that life insurance laws are very similar from state to state (for example, Iowa’s life insurance laws and Kansas’s life insurance laws are nearly identical to those of Indiana).

How Much Is A $10,000 Whole Life Policy In Indiana?

The table below shows the rates by age of $10,000 of whole life insurance in Indiana.

AgeMaleMale (Smoker)FemaleFemale (Smoker)
20$14.76$16.64$14.33$15.57
25$15.98$17.71$15.65$17.35
30$17.18$19.97$15.95$19.32
35$18.53$22.28$17.15$20.83
40$21.37$25.14$19.53$23.59
45$23.95$28.75$22.24$27.61
50$27.90$33.49$24.56$31.88
55$32.18$39.65$27.96$37.32
60$38.99$47.60$33.07$41.98
65$47.89$57.97$40.98$50.61
70$60.22$71.37$52.73$60.38
75$97.86$132.88$71.05$94.77
80$135.00$182.43$98.43$135.45
85$187.57$258.02$132.13$192.70

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Best Life Assurance In Evansville

Evansville, nestled along the banks of the Ohio River in southwestern Indiana, is a city that harmoniously blends its rich history with modern innovation. Known as the commercial, medical, and cultural hub of the Indiana-Illinois-Kentucky tri-state area, Evansville showcases a vibrant downtown area teeming with historic homes, museums, and the picturesque Riverfront. The city takes pride in its strong community, diverse cultural festivals, and a robust economy propelled by industries ranging from manufacturing to healthcare. With its array of parks, sporting events, and recreational opportunities, Evansville offers a high quality of life for residents and a welcoming atmosphere for visitors seeking to explore its charming vistas and engaging attractions.

Life Insurance AgencyAddressPhone
Pam Lentz – State Farm Insurance Agent2727 N First Ave+18124221883
R. Denning and Associates2425 US-41 #135+18124017966
First Class Insurance Services4600 Washington Ave Suite 112-14+18124536043
Chris Reich Insurance1120 Schutte Rd+18122054865
Shelter Insurance – Rick Koberstein2019 W Franklin St+18124282576
Holly Lagenour agency600 N Weinbach Ave #660+18125686446
Serenity Insurance Agency330 Cross Pointe Blvd+18125458762
Zach Rhea, Bankers Life Agent3231 N Green River Rd # 310+18124734600
Partners Insurance LLC4841 E Virginia St+18125458711
Jason Clark, Bankers Life Agent3231 N Green River Rd # 310+18124734600
Senior Benefits Group1006 E Diamond Ave Suit 4+18124257775
Mark Sienicki, Bankers Life Agent3231 N Green River Rd # 310+18124734600
American Income Life – Sabrina Lloyd3323 N Green River Rd+18123092033
Maria Nita, Bankers Life Agent3231 N Green River Rd # 310+18124734600
Mitchell Baldwin, Bankers Life AgentAAA Life Insurance, 7280 Eagle Crest Blvd+18124734600

Best Coverage In Fishers

Fishers, Indiana, is a rapidly growing suburban city situated in Hamilton County, just northeast of Indianapolis. Known for its family-friendly atmosphere, excellent schools, and vibrant community life, Fishers boasts a unique blend of small-town charm and modern amenities. The city prides itself on its parks, recreational facilities, and a dynamic downtown area that hosts a variety of events, restaurants, and shops. With its strong sense of community, commitment to innovation, and high quality of life, Fishers continually ranks among the best places to live in the United States.

Life Insurance AgencyAddressPhone
May Wolf Insurance10412 Allisonville Rd UNIT 217+13178450863
Insurance Depot & Financial8270 Courtney Dr+13175761738
The George Insurance Agency12574 Promise Creek Ln+13175241555
First Priority Insurance9742 Olympia Dr+13176021306
Mehar Insurance Agency, Inc12574 Promise Creek Ln STE 114+13179005151
Source Insurance Group8388 E 116th St+13175652320
Osborn Insurance Agency8767 South St+13175772445
Ray Insurance Group11411 Overlook Dr+13178419995
Snellenberger Insurance7715 Loma Ct+13179158601
Voldico10079 Forest Meadow Circle+13173630752
Cover Insurance Co11 Municipal Dr+13176441770
Diamond Insurance IN11575 Commercial Dr+13177598400
HealthMarkets Insurance – Jason Roller10308 Woods Edge Dr+16308621469
Paige Sutherlin at Comparion Insurance Agency350 E 96th St+13178147853
Stable Insurance Agency IN843 Westfield Rd+13175972116
Accredited Agency – Farmers Insurance Group14701 Cumberland Rd Ste 108+13177764095

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Best Policies In Fort Wayne

Fort Wayne, nestled in northeastern Indiana, stands as a vibrant hub of culture, history, and modern attractions. This dynamic city is renowned for its rich historical background, dating back to its founding in 1794. Today, Fort Wayne is celebrated for its diverse community, flourishing arts scene, and family-friendly environment. The city boasts an array of parks, museums, and festivals that cater to every interest, alongside an evolving culinary and craft brewery scene. As a regional economic powerhouse, Fort Wayne continues to grow, blending its historical charm with innovative developments to create a welcoming and lively destination for residents and visitors alike.

Life Insurance AgencyAddressPhone
brady benefits and associates, health benefits insurance1731 Ruskin Ct+12602208800
Amstutz & Winans Insurance5743 Wilkie Dr # 1+12604328736
West Insurance Indiana6711 W Jefferson Blvd+12604323595
Prudential| Rob Hiatt | Life Insurance & Annuities2420 N Coliseum Blvd+12606670833
Prudential | Kyle Metzger | Life Insurance & Financial Services2420 N Coliseum Blvd+12602410448
Donald E Springer – Aflac Insurance Agent5715 River Run Trail+12603382512
Ruoff Insurance, Inc.1110 E Dupont Rd #1548+12604970800
Bright Future Insurance Service2121 Broadway+12605728430
Easy Insurance Agency IN3730 Maplecrest Rd+18125458694
Prudential | Andy Ehrman | Life Insurance & Financial Services2420 N Coliseum Blvd # 100+12604833165
Tyler Butler, Bankers Life Agent2720 Dupont Commerce Ct STE 110+12604891645
Protected Insurance LLC4603 Ridgelane Dr+12605728189
Safe Steps Insurance5534 Northridge Dr+12604362580

Best Life Cover In Indianapolis

Indianapolis, the vibrant capital city of Indiana, stands as a dynamic blend of Midwest charm and urban sophistication. Known affectionately as “Indy,” this city is famed for its high-octane energy, notably hosting the Indianapolis 500, the world’s largest single-day sporting event. Beyond the revving engines, Indianapolis boasts a rich tapestry of cultural institutions like the Indianapolis Museum of Art and the Eiteljorg Museum of American Indians and Western Art. The city’s bustling downtown area is a hub of entertainment, offering an array of dining, shopping, and nightlife options. The scenic White River State Park adds a touch of nature to the urban landscape, ensuring that Indianapolis truly offers something for everyone. Whether you’re a sports fan, a culture enthusiast, or simply seeking a friendly atmosphere, Indianapolis welcomes you with open arms.

Life Insurance AgencyAddressPhone
American Insurance Agency IN3804 N High School Rd+14634263007
IAL Insurance2818 N High School Rd+13174804111
J C Smith Insurance2915 N High School Rd+13172442707
Prudential | Jon Findley | Life Insurance & Financial Services8888 Keystone Crossing #500+13175025299
Active Life Insurance5208 Commerce Square Dr+13179831244
Ben Franklin Insurance & Investments5240 Elmwood Ave suite 200+13174970181
Awesome Insurance Indiana7475 Rockleigh Ave+17657051642
Premier Insurance Agency IN3905 Vincennes Rd+15743011371
Humble Insurance Agency8923 S Meridian St Suite A8+13176536127
Nathaniel Romig, Bankers Life Agent6602 E 75th St Ste 510+13175709960
State Insurance Services IN5448 East 21st St+13173084200

Best Life Insurance In South Bend

South Bend, nestled in the heart of Indiana, is perhaps best known as the home of the prestigious University of Notre Dame. With its rich history, vibrant cultural scene, and beautiful parks and riverwalk, South Bend provides a blend of academic excellence, historical significance, and natural beauty. The city, the fourth largest in Indiana, has evolved from its industrial roots to a center of innovation, education, and cultural diversity, making it a compelling destination for visitors and a cherished home for residents. Whether you’re exploring the storied campus, enjoying a performance at the Morris Performing Arts Center, or taking in the scenic views along the St. Joseph River, South Bend offers a unique blend of charm and opportunity.

Life Insurance AgencyAddressPhone
VanCamp Insurance1619 Miami St+15748764222
Kroeger Insurance Agency23186 W Ireland Rd+15746331933
Shelter Insurance – David Hodges2609 E Mishawaka Ave Ste A+15748552503
Bankers Life100 E Wayne St # 150+15742552773
Jane Woods at Comparion Insurance Agency1251 N Eddy St #200+15744004535
Lesley Herod at Comparion Insurance Agency1251 N Eddy St #200+15744004529
Trust Insurance LLC54717 Terrace Ln+15743011402
Your Insurance Agency Inc917 Lincoln Way W+15742816052
Philip Thompson, Bankers Life Agent401 E Colfax Ave Ste 350+15742552773
Marissa Long, Bankers Life Agent401 E Colfax Ave Ste 350+15742552773
Timothy Parsons, Bankers Life Agent401 E Colfax Ave Ste 350+15742552773
Tara Beringer, Bankers Life Agent100 E Wayne St # 150+15742552773

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Top Life Insurance Companies In Indiana

For the residents of the great state of Indiana, we at GetSure recommend three carriers: Transamerica, Aetna, and Mutual of Omaha.

Transamerica

“Immediate Solution” Whole Life Insurance
Policy Type Whole Life
Available States All except NY
Age Range 0 – 85 years
Coverage Range $1,000 – $50,000 (varies by age)
Policy Duration Lifelong
Waiting Period None
Rate Lock Yes – rates never increase
Advantages
  • Very low prices
  • No medical exam
  • Flat, never-increasing premiums
  • No waiting period
Considerations
  • Underwriting has become stricter (e.g., no insulin)
  • Coverage limited to $25,000 for older applicants

Mutual of Omaha

“Living Promise” Whole Life Insurance
Policy Type Whole Life
Available States All except NY
Age Range 45 – 85 years
Coverage Range $2,000 – $50,000
Policy Duration Lifelong
Waiting Period None
Rate Lock Yes – rates never increase
Advantages
  • Excellent customer service
  • No medical exam
  • Flat, never-increasing premiums
  • No waiting period
Considerations
  • Moderately strict underwriting

Aetna

“Protection Series” Whole Life Insurance
Policy Type Whole Life
Available States All except AK, CA, DC, HI, MA, ME, MN, NY, ND, SD, WA
Age Range 45 – 89 years
Coverage Range $2,000 – $50,000 (varies by age)
Policy Duration Lifelong
Waiting Period None
Rate Lock Yes – rates never increase
Advantages
  • Lenient underwriting
  • Shortest application, industry-wide
  • Automated underwriting (approval potentially in minutes)
  • No medical exam
  • Flat, never-increasing premiums
Considerations
  • N/A

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Written by

Rikin Shah

Rikin is the Founder & CEO of GetSure. He is a licensed life, accident & health insurance agent in all 50 states (plus D.C.) and has over 15 years of experience in the financial services industry. He has been featured in publications such as Forbes, USA Today, and U.S. News & World Report, among others. Rikin holds a B.S. in Applied Mathematics from Columbia University and an MBA from The Stanford Graduate School of Business. If you'd like to speak with Rikin to discuss your life insurance options or questions, don't hesitate to email him at hello [at] getsure.org.

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