If you want to buy life insurance in Indiana, the Department of Insurance is a great place to start. This office can't tell you which agents or companies to use, but they can tell you if an agent is licenced to do business in the state. Before you agree to buy a life insurance policy, this is always something you should check.
If you want to save money and get discount life insurance in Indiana, you really need to know what kind of life insurance is best for your situation. If you are young and just bought a house, you will get the best rates if you buy a term life insurance policy instead of a whole life policy. If you are older, a permanent policy may be the best way to make sure that your loved ones are taken care of after you die.
No matter what kind of coverage you decide is best for you, talk to a few insurance agents who work for different companies. For each, you'll have to give some basic information, like your age, whether or not you're married, and your health history. Even though it can be tempting to leave out details about serious illnesses you've had, it's not a good idea to do so. Instead, you should be as honest as you can, because being dishonest before you buy the policy can make it useless if the company finds out you did have a health problem before you bought it. A medical exam, which is often required before a policy is written, is also a good way to find out about your health condition.
Make sure you pay your premiums on time to avoid losing your coverage, and ask if you can pay them once a year instead of every month. Many companies charge a service fee for the convenience of bi-weekly or monthly payments, which can make costs go up.
