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Indiana Life Insurance

If you are looking for life insurance in Indiana, there are a few things you should be aware of. There are no strict regulations dictating the issuance of life insurance to an individual. You can be denied coverage based on your health or age.

A state provision gives an insured individual a one month grace period for late premiums. Your life insurance policy can not be cancelled during this grace period for non-payment.

Another state provision gives an insurance company a specific amount of time to pay on claims before it starts to accrue interest. An insurance company can withhold claims for up to two years if there are false statements made on the life insurance policy or its application.

Because of this provision, one must be very sure that all the information given to an insurance company is correct. If you have any questions about the policy, or if you do not understand it, be sure to resolve the issue as quickly as possible.

Getting a good life insurance policy that fits in your budget is just as important as getting proper coverage. Be sure to shop around for the best available rates.

Follow the link below to learn more about life insurance in general or to obtain the lowest online life insurance quotes:

Read more general Life Insurance Information

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