Life insurance in Jasper, Indiana
We work with a multitude of life insurance carriers and can accommodate your life insurance needs, whether you are looking for term, universal, or whole life policies. We’ll sit down with you in Jasper and work out how much coverage your family actually needs.
Secure your family’s future with HSM Insurance Group’s life insurance options.
Three kinds of policies, one conversation
We offer a wide range of life insurance options to meet the unique needs of individuals, families and businesses.
Term life
Coverage for a specific period of time.
Often the starting point for younger couples: enough protection to keep the mortgage, the car payments and the bills going if something happens.
Whole life
Coverage for the entire lifetime of the insured.
For people who want the certainty that the policy is there whenever it’s needed, without an end date to worry about.
Universal life
More flexible — you specify your coverage duration.
For example, coverage to age 85, 90, 95. These policies also allow for riders and add-ons, with nursing home care being one of them.
Why is life insurance important?
Life insurance is so much more than a death benefit for burial expenses.
Where there is love, there is life insurance.
Don Hopster, Agent / Partner
We work with many life insurance carriers and can accommodate your life insurance needs, whether you are looking for term, universal, or whole-life policies.
For younger couples just getting started in this world, life insurance can provide the protection needed to continue mortgage payments, car payments, bills, and taxes in the event of the death of a spouse or primary breadwinner, in addition to covering final expenses.
In a world of ever-inflating living costs, one spouse’s income alone may not be able to sustain their way of life if something like this were to happen. It’s essential to consider this carefully, especially when you’re looking to purchase your first home. And life insurance for healthy, younger individuals, especially those under 30, is more affordable than you think.
Don't let nursing home expenses drain your savings
A life insurance policy doesn't have to wait until you're gone. Many universal life policies let you use part of the death benefit to pay for nursing home care while you're still here.
Something that may be coming into the minds of more matured individuals (middle aged), is the potential for needed care in older age. The average annual cost of nursing home care across the U.S. in 2020 was roughly $100,000 per year. And these figures increase each year.
So planning ahead for this can help protect your assets from being completely diminished in the event you needed to stay in one. And while we do sell separate short term and long term care policies, another great way to get this coverage is through life insurance.
Many universal life insurance policies, for example, allow for a number of different riders and add ons, with nursing home care being one of them. You can use a percentage of your death benefit per month to cover all or some of your nursing home costs. This is an excellent example of a living benefit that you can use a life insurance policy for.
Want to talk it through?
If you have questions or are considering a life insurance policy, we would be glad to speak with you and educate you more on these plans, helping you find the right coverage for your needs.
Maximizing your life insurance policy
Life insurance is a contract between an individual and an insurance company where the insurer agrees to pay a specified amount of money to a designated beneficiary upon the death of the individual who is insured.
At HSM Insurance Group, we offer a wide range of life insurance options to meet the unique needs of individuals, families and businesses. We offer traditional options such as term life insurance, which provides coverage for a specific period of time and whole life insurance which offers coverage for the entire lifetime of the insured. We also offer more flexible options like universal life policies that allow you to specify your coverage duration. For example, coverage to age 85, 90, 95, etc.
It is important to understand that life insurance is not just for the breadwinner of the family, but also for anyone who would leave behind financial obligations or dependents. It can be used to cover expenses such as funeral costs, mortgage payments, and college tuition for children.
At HSM Insurance Group, our team of insurance experts are committed to providing personalized service and guidance to help you find the right life insurance plan for you and your loved ones. Contact us today to schedule a consultation and learn more about our life insurance options.
Term, whole or universal?
The short version. Which one fits depends on your age, your family and what you’re protecting — that’s what we work out together.
| Term life | Whole life | Universal life | |
|---|---|---|---|
| How long it lasts | A specific period of time. | The entire lifetime of the insured. | You specify the duration — to age 85, 90, 95, and so on. |
| Often chosen for | Younger couples protecting a mortgage, car payments, bills and taxes. | Lifelong certainty and final expenses. | Flexibility, and coverage that can do more than pay out at the end. |
| Riders and add-ons | Ask us — it depends on the carrier. | Ask us — it depends on the carrier. | Many policies allow riders, with nursing home care being one of them. |
What our clients say
Reviews from our Google Business Profile.
Life insurance questions
What types of life insurance do you offer?
Term, whole and universal life policies. We work with a multitude of life insurance carriers and can accommodate your life insurance needs.
Term life provides coverage for a specific period of time, whole life offers coverage for the entire lifetime of the insured, and universal life policies allow you to specify your coverage duration — for example, coverage to age 85, 90, 95.
Isn’t life insurance just for the main breadwinner?
I’m young and healthy. Isn’t it too early?
Can a life insurance policy help pay for nursing home care?
Do you also sell long-term care policies?
How do I know how much coverage I need?
Let's find the right policy for your family
Call us or stop by the office in Jasper. We’ll explain the difference between term, whole and universal in plain language, and you decide from there — no obligation.