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.
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.
| Age | Male | Male (Smoker) | Female | Female (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 Agency | Address | Phone |
|---|---|---|
| Pam Lentz – State Farm Insurance Agent | 2727 N First Ave | +18124221883 |
| R. Denning and Associates | 2425 US-41 #135 | +18124017966 |
| First Class Insurance Services | 4600 Washington Ave Suite 112-14 | +18124536043 |
| Chris Reich Insurance | 1120 Schutte Rd | +18122054865 |
| Shelter Insurance – Rick Koberstein | 2019 W Franklin St | +18124282576 |
| Holly Lagenour agency | 600 N Weinbach Ave #660 | +18125686446 |
| Serenity Insurance Agency | 330 Cross Pointe Blvd | +18125458762 |
| Zach Rhea, Bankers Life Agent | 3231 N Green River Rd # 310 | +18124734600 |
| Partners Insurance LLC | 4841 E Virginia St | +18125458711 |
| Jason Clark, Bankers Life Agent | 3231 N Green River Rd # 310 | +18124734600 |
| Senior Benefits Group | 1006 E Diamond Ave Suit 4 | +18124257775 |
| Mark Sienicki, Bankers Life Agent | 3231 N Green River Rd # 310 | +18124734600 |
| American Income Life – Sabrina Lloyd | 3323 N Green River Rd | +18123092033 |
| Maria Nita, Bankers Life Agent | 3231 N Green River Rd # 310 | +18124734600 |
| Mitchell Baldwin, Bankers Life Agent | AAA 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 Agency | Address | Phone |
|---|---|---|
| May Wolf Insurance | 10412 Allisonville Rd UNIT 217 | +13178450863 |
| Insurance Depot & Financial | 8270 Courtney Dr | +13175761738 |
| The George Insurance Agency | 12574 Promise Creek Ln | +13175241555 |
| First Priority Insurance | 9742 Olympia Dr | +13176021306 |
| Mehar Insurance Agency, Inc | 12574 Promise Creek Ln STE 114 | +13179005151 |
| Source Insurance Group | 8388 E 116th St | +13175652320 |
| Osborn Insurance Agency | 8767 South St | +13175772445 |
| Ray Insurance Group | 11411 Overlook Dr | +13178419995 |
| Snellenberger Insurance | 7715 Loma Ct | +13179158601 |
| Voldico | 10079 Forest Meadow Circle | +13173630752 |
| Cover Insurance Co | 11 Municipal Dr | +13176441770 |
| Diamond Insurance IN | 11575 Commercial Dr | +13177598400 |
| HealthMarkets Insurance – Jason Roller | 10308 Woods Edge Dr | +16308621469 |
| Paige Sutherlin at Comparion Insurance Agency | 350 E 96th St | +13178147853 |
| Stable Insurance Agency IN | 843 Westfield Rd | +13175972116 |
| Accredited Agency – Farmers Insurance Group | 14701 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 Agency | Address | Phone |
|---|---|---|
| brady benefits and associates, health benefits insurance | 1731 Ruskin Ct | +12602208800 |
| Amstutz & Winans Insurance | 5743 Wilkie Dr # 1 | +12604328736 |
| West Insurance Indiana | 6711 W Jefferson Blvd | +12604323595 |
| Prudential| Rob Hiatt | Life Insurance & Annuities | 2420 N Coliseum Blvd | +12606670833 |
| Prudential | Kyle Metzger | Life Insurance & Financial Services | 2420 N Coliseum Blvd | +12602410448 |
| Donald E Springer – Aflac Insurance Agent | 5715 River Run Trail | +12603382512 |
| Ruoff Insurance, Inc. | 1110 E Dupont Rd #1548 | +12604970800 |
| Bright Future Insurance Service | 2121 Broadway | +12605728430 |
| Easy Insurance Agency IN | 3730 Maplecrest Rd | +18125458694 |
| Prudential | Andy Ehrman | Life Insurance & Financial Services | 2420 N Coliseum Blvd # 100 | +12604833165 |
| Tyler Butler, Bankers Life Agent | 2720 Dupont Commerce Ct STE 110 | +12604891645 |
| Protected Insurance LLC | 4603 Ridgelane Dr | +12605728189 |
| Safe Steps Insurance | 5534 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 Agency | Address | Phone |
|---|---|---|
| American Insurance Agency IN | 3804 N High School Rd | +14634263007 |
| IAL Insurance | 2818 N High School Rd | +13174804111 |
| J C Smith Insurance | 2915 N High School Rd | +13172442707 |
| Prudential | Jon Findley | Life Insurance & Financial Services | 8888 Keystone Crossing #500 | +13175025299 |
| Active Life Insurance | 5208 Commerce Square Dr | +13179831244 |
| Ben Franklin Insurance & Investments | 5240 Elmwood Ave suite 200 | +13174970181 |
| Awesome Insurance Indiana | 7475 Rockleigh Ave | +17657051642 |
| Premier Insurance Agency IN | 3905 Vincennes Rd | +15743011371 |
| Humble Insurance Agency | 8923 S Meridian St Suite A8 | +13176536127 |
| Nathaniel Romig, Bankers Life Agent | 6602 E 75th St Ste 510 | +13175709960 |
| State Insurance Services IN | 5448 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 Agency | Address | Phone |
|---|---|---|
| VanCamp Insurance | 1619 Miami St | +15748764222 |
| Kroeger Insurance Agency | 23186 W Ireland Rd | +15746331933 |
| Shelter Insurance – David Hodges | 2609 E Mishawaka Ave Ste A | +15748552503 |
| Bankers Life | 100 E Wayne St # 150 | +15742552773 |
| Jane Woods at Comparion Insurance Agency | 1251 N Eddy St #200 | +15744004535 |
| Lesley Herod at Comparion Insurance Agency | 1251 N Eddy St #200 | +15744004529 |
| Trust Insurance LLC | 54717 Terrace Ln | +15743011402 |
| Your Insurance Agency Inc | 917 Lincoln Way W | +15742816052 |
| Philip Thompson, Bankers Life Agent | 401 E Colfax Ave Ste 350 | +15742552773 |
| Marissa Long, Bankers Life Agent | 401 E Colfax Ave Ste 350 | +15742552773 |
| Timothy Parsons, Bankers Life Agent | 401 E Colfax Ave Ste 350 | +15742552773 |
| Tara Beringer, Bankers Life Agent | 100 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
| 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 |
- Very low prices
- No medical exam
- Flat, never-increasing premiums
- No waiting period
- Underwriting has become stricter (e.g., no insulin)
- Coverage limited to $25,000 for older applicants
Mutual of Omaha
| 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 |
- Excellent customer service
- No medical exam
- Flat, never-increasing premiums
- No waiting period
- Moderately strict underwriting
Aetna
| 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 |
- Lenient underwriting
- Shortest application, industry-wide
- Automated underwriting (approval potentially in minutes)
- No medical exam
- Flat, never-increasing premiums
- N/A
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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.