Oregon’s life insurance laws are governed by Title 56 of the Oregon Revised Statutes (Chapters 731 to 752).
- 10-day free look period (OR Admin R. 836-051-0005)
- 30-day grace period (OR 743.165)
- If the claim takes longer than 30 days to settle, the insurance company is required to pay accrued interest on the proceeds, dating back to the death of the insured person (OR 743.165)
- 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, Pennsylvania’s life insurance laws and Rhode Island’s life insurance laws are nearly identical to those of Oregon).
How Much Is A $10,000 Whole Life Policy In Oregon?
The table below shows the rates by age of $10,000 of whole life insurance in Oregon.
| Age | Male | Male (Smoker) | Female | Female (Smoker) |
|---|---|---|---|---|
| 20 | $15.03 | $16.57 | $13.96 | $16.18 |
| 25 | $15.89 | $17.84 | $15.41 | $17.03 |
| 30 | $17.28 | $20.06 | $16.13 | $18.78 |
| 35 | $19.30 | $21.76 | $17.97 | $20.87 |
| 40 | $21.35 | $25.38 | $19.90 | $23.16 |
| 45 | $23.57 | $28.86 | $22.59 | $27.00 |
| 50 | $27.49 | $33.71 | $24.80 | $31.62 |
| 55 | $32.60 | $40.18 | $28.46 | $36.99 |
| 60 | $38.58 | $47.27 | $33.07 | $42.58 |
| 65 | $48.72 | $58.11 | $41.71 | $50.80 |
| 70 | $60.82 | $70.89 | $52.21 | $60.54 |
| 75 | $97.64 | $133.30 | $71.84 | $95.41 |
| 80 | $134.34 | $182.20 | $97.65 | $136.02 |
| 85 | $187.98 | $258.36 | $132.26 | $193.07 |
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Best Life Assurance In Hillsboro
Hillsboro, nestled in the heart of the Tualatin Valley, is a vibrant city that artfully blends urban sophistication with rural charm. Known as the technology hub of Oregon, Hillsboro is home to numerous high-tech companies, making it a cornerstone of the region’s Silicon Forest. Beyond its economic prowess, the city boasts an array of parks, wineries, and cultural institutions, including the renowned Rice Northwest Museum of Rocks and Minerals. Its rich agricultural heritage is celebrated annually at the Hillsboro Farmers’ Markets, drawing both locals and visitors alike. With its excellent schools, diverse communities, and abundant recreational opportunities, Hillsboro offers a high quality of life amid the scenic beauty of the Pacific Northwest.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| Shelter Insurance – Jeff Broadwater | 10697 MO-21 | +16367975175 |
| Duck Duck Insurance | 9620 Northeast Tanasbourne Dr Suite 300-111 | +15035757605 |
| Northwest Insurance Group Inc | 3301 NE Cornell Rd Ste R | +15036406060 |
| Andrew Kim – COUNTRY Financial Agent | 1915 NE Stucki Ave Ste 365 | +15034512106 |
Best Coverage In Eugene
Eugene, nestled in the Pacific Northwest’s lush Willamette Valley, represents the epitome of Oregon’s natural beauty and vibrant culture. Known as “Track Town, USA,” Eugene is famous for its rich track and field history, hosting numerous prestigious events, including the U.S. Olympic Trials. The city is home to the University of Oregon, fostering an atmosphere of academic excellence and innovation. Eugene’s artistic flair is visible in its dynamic arts scene, eclectic music venues, and numerous galleries. Outdoor enthusiasts revel in its proximity to scenic rivers, forests, and parks, offering abundant opportunities for hiking, biking, and exploration. Eugene’s commitment to environmental sustainability is evident in its extensive network of bike paths, organic agriculture, and community-involved green initiatives. Whether it’s exploring Eugene’s vibrant downtown, enjoying its gastronomic delights, or immersing in its outdoor adventures, the city offers a unique blend of natural beauty, cultural richness, and progressive thinking.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| Larson Insurance Strategies | 65 W, 1 Division Ave | +15415200077 |
| Courtney Delaplain, Bankers Life Agent | 2295 Coburg Rd Ste 100 | +15413453331 |
| Caleb Cuff, Bankers Life Agent | 2295 Coburg Rd Ste 100 | +15413453331 |
| Jod-Ell Affordable Insurance Agency – Eugene, OR | 1540 Coburg Rd | +14582738007 |
| River Road Insurance Agency | 1660 River Rd | +15414612255 |
| AssuredPartners | 3125 Chad Dr Suite 120 | +15416874799 |
| Honor Insurance | 975 Willagillespie Rd | +15415439295 |
| Schwieger Insurance Agency | 2655 Willamette St | +18008441912 |
| WaFd Insurance Group | 101 E Broadway | +15416871911 |
| Marsh McLennan Agency | 2763 Shadowview | +15419420555 |
| Ryan Brock Farmers Insurance | 1400 Executive Pkwy | +14084386361 |
| Asa Rowlett, American National Insurance Company | 207 E 5th Ave Suite 252 | +15412257397 |
| Christopher Randall, Bankers Life Agent | 2295 Coburg Rd Ste 100 | +15413453331 |
| Mark Derby, Financial Professional – New York Life | 120 Oakway Center | +14582017943 |
You Won't Find A Lower Rate
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Best Policies In Gresham
Gresham, nestled just east of Portland, Oregon, is a vibrant city that boasts a unique blend of urban sophistication and natural beauty. With a population rich in diversity, Gresham is known for its welcoming community, scenic parks, and extensive trail systems that offer ample opportunities for outdoor adventures. Its historic downtown area, characterized by its charming shops, cafes, and local businesses, reflects the city’s robust economic growth and cultural development. As a gateway to the majestic Mount Hood and the lush Columbia River Gorge, Gresham provides residents and visitors alike with easy access to some of the Pacific Northwest’s most breathtaking landscapes. Whether you’re drawn to its recreational possibilities, its thriving arts scene, or its commitment to sustainability, Gresham stands out as a dynamic city that warmly embraces progress while staying true to its roots.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| Jeff Ray – State Farm Insurance Agent | 1592 NE 8th St | +15036653797 |
| Don Brown & Associates | 260 NE 2nd St | +15036613646 |
| Mt Hood Insurance | 21707 SE Stark St | +15038081111 |
| Raymond Love American Family Insurance | 2951 NW Division St #120 | +15036653061 |
| Richard Hanset – COUNTRY Financial Agent | 123 E Powell Blvd #211 | +15034922089 |
| Stan Doris | 239 NE 3rd St | +12185036655 |
| Lucia Lewis, Bankers Life Agent | 6135 NE 80th Ave # A5 | +15032553624 |
| Life Insurance Services | +15037700520 |
Best Life Cover In Portland
Nestled in the Pacific Northwest, Portland stands as a verdant gem, celebrated for its lush parks, bicycle paths, and a vibrant cultural scene that champions diversity and creativity. Known as the “City of Roses” for its rose gardens, Portland is also acclaimed for its eco-conscious community, innovative dining experiences, and craft beer scene. With stunning views of Mount Hood and the Willamette River carving through its heart, Portland offers a unique blend of natural beauty and urban innovation, making it an irresistible destination for those seeking adventure and culture.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| Westfall Insurance | 3439 SE Hawthorne Blvd #983 | +18669850204 |
| Cedric Berry – State Farm Insurance Agent | 213 SW Broadway | +15034777759 |
| Alex Hjort at Comparion Insurance Agency | 650 NE Holladay St Suite 1600 | +15034620525 |
| Health Options Insurance | 1481 NW 13th Ave | +18775780907 |
| Kenneth Gomes & Assoc.’s Independent Broker | Free Quotes | +15036358199 |
| Insurance Plus LLC | 2410 SE 121st Ave # 106 | +15038948364 |
| Jacob Stafford, Bankers Life Agent | 5933 NE Win Sivers Dr # 204 | +15032553624 |
| Life Insurance Services | +15037700520 |
Best Life Insurance In Salem
Salem, a historic city renowned for its pivotal role in the 1692 witch trials, offers a blend of captivating history, picturesque landscapes, and a vibrant cultural scene. Nestled in Essex County, Massachusetts, Salem attracts visitors with its charming cobblestone streets, well-preserved architecture, and an array of museums and attractions dedicated to its rich past. Beyond its notorious history, Salem boasts a lively waterfront, eclectic dining options, and an arts community that celebrates both the traditional and contemporary. Whether exploring the Salem Witch Museum, enjoying the natural beauty of the Salem Willows Park, or discovering local shops and galleries, Salem provides a unique and enchanting experience for all who venture within its bounds.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| Bankers Life | 1220 20th St SE Ste 100 | +15033636100 |
| Rafael Perez Oregon Life Insurance Broker | Commercial St SE | +15035863203 |
| Logan Brown, Bankers Life Agent | 1220 20th St SE Ste 100 | +15033636100 |
| New York Life Insurance | 500 Liberty St SE | +15035854820 |
| Aubrey Garcia, Bankers Life Agent | 1220 20th St SE Ste 100 | +15033636100 |
| Randall Clark, Bankers Life Agent | 3220 State St Ste 120 | +15033636100 |
| Brandy Hellums, Bankers Life Agent | 3220 State St Ste 120 | +15033636100 |
| Desteny Zuniga, Bankers Life Agent | 3220 State St Ste 120 | +15033636100 |
| Jennie Scott, Bankers Life Agent | 3220 State St Ste 120 | +15033636100 |
You Won't Find A Lower Rate
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You never know what battles people may be fighting.
Top Life Insurance Companies In Oregon
For the residents of the great state of Oregon, we at GetSure recommend three carriers: Transamerica, Aetna, and Mutual of Omaha.
Transamerica
“Immediate Solution” Whole Life Insurance
| Policy Type | Whole Life |
|---|---|
| States | All except NY |
| Ages | 0 – 85 |
| Coverage | $1,000 – $50,000 (varies by age) |
| Duration | Lifelong |
| Waiting Period | No |
| Rate Lock | Yes |
- 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
“Living Promise” Whole Life Insurance
| Policy Type | Whole Life |
|---|---|
| States | All except NY |
| Ages | 45 – 85 |
| Coverage | $2,000 – $50,000 |
| Duration | Lifelong |
| Waiting Period | No |
| Rate Lock | Yes |
- Excellent customer service
- No medical exam
- Flat, never-increasing premiums
- No waiting period
- Moderately strict underwriting
Aetna
“Protection Series” Whole Life Insurance
| Policy Type | Whole Life |
|---|---|
| States | All except AK, CA, DC, HI, MA, ME, MN, NY, ND, SD, WA |
| Ages | 45 – 89 |
| Coverage | $2,000 – $50,000 (varies by age) |
| Duration | Lifelong |
| Waiting Period | No |
| Rate Lock | Yes |
- Lenient underwriting
- Shortest application, industry-wide
- Automated underwriting (approval potentially in minutes)
- No medical exam
- Flat, never-increasing premiums
- N/A
