Individual Life Insurance in Corvallis OR & Albany OR

Reassurance for you and your Loved Ones.

Hanson Insurance Group provides life insurance to individuals in Corvallis, Albany, Salem, Portland, Bend, Boise, and surrounding areas.

Many individuals consider life insurance to be the cornerstone of a sound financial plan. And while no one likes to think about passing on, Life Insurance can relieve you of the financial worry your loved ones may face in the event of your passing. 

Your beneficiaries will be able to use your Life Insurance policy to help pay for anything from expensive funeral costs and estate taxes to making up for lost income or funding your child’s education. It can even be used to continue payments on your mortgage to help ensure that the family home stays in the family.

At Hanson Insurance Group, we know that choosing a Life Insurance plan is a big decision with many important factors to consider. Our knowledgeable team of insurance professionals is committed to walking you through the process and providing you with the best insurance solution to give you and your family the reassurance they deserve. 

Types of Individual Life Insurance

Hanson Insurance Group offers several different coverage options for your consideration including term life, whole life, and more.

Term Life – This is typically the simplest and least expensive insurance option. Term life insurance provides coverage at a fixed rate for a specified period of time. It’s a benefit policy that’s used primarily to cover financial responsibilities of the insured, with the benefit to be paid only if the insured were to die during the specified term. Most term life policies can be converted to a more permanent insurance solution such as whole life or universal life insurance.   

There are two types of term life insurance: 

  • Annual Renewable Term is purchased for a period of one year, with the death benefit to be paid only if the insured were to die during that one-year term, along with the option to renew after the term period.
  • Level Term Life guarantees a fixed premium for a given period of time, usually in terms of 10, 15, 20, or 30 years. Your premium is based on your age and coverage options, with longer terms being more expensive.
  • Whole Life – As the most common type of permanent insurance, a whole life policy guarantees a death benefit for the lifetime of the insured as well as a cash value account for savings. Your premium remains constant throughout the duration of policy while payments over and above your premium are credited to your savings, which earn a fixed rate of interest. 

Hanson Insurance Group is here for you

There are many things to take into account when purchasing life insurance, and changes in your life situation can reflect changes in your insurance requirements. That’s why it’s important to carefully consider the different policy options and ensure that you have the right solution to meet your long-term life insurance needs. 

An insurance specialist with Hanson Insurance Group will review your current life insurance situation and help you design a policy to plan for the future. 

At the end of the day, one of the biggest investments you can make is an investment in yourself. 

As your personal situations change (i.e., marriage, birth of a child or job promotion), so will your life insurance needs. Care should be taken to ensure this product is suitable for your long-term life insurance needs. You should weigh any associated costs before making a purchase. Life insurance has fees and charges associated with it that include costs of insurance that vary with such characteristics of the insured as gender, health and age, and has additional charges for riders that customize a policy to fit your individual needs.

Our Locations

Corvallis Oregon Office

Ridgeview Professional Center
350 NW Elks Drive
Corvallis, OR 97330
Main office: 541-207-1370
Toll free: 877-418-0298
Fax: 541-758-2718

Boise Idaho Office

950 W Bannock Street, Suite 1100
Boise, ID 83702
Main office: 208-392-1907
Fax: 541-758-2718

Our Providers

Testimonials

Trent Hanson was very helpful in getting us last minute liability insurance for our company. Returned our calls, kept in touch and was just plain helpful.... Thank you Trent!!

Kalin B.
I have worked with Trent a few times on work policies. He is great to work with. I really appreciate when someone tells me that either they can help me with something better, or if what I have is better and that I am being taken care of. I highly recommend working with the Hanson Insurance Group if you have any commercial insurance coverage needs.

Kevin R.
Brad originally quoted our business liability and vehicle policy. The quote was very complete and competitive so we switched from our carrier of many years. It has been a great business move. It is imperative that I receive auto certificates and liability certificates timely. Maureen is wonderful to work with and is extremely efficient, her turn around time on certificates matches the needs of our company. We now have all of our personal insurance with Hanson Ins. The rates were lower and the service is outstanding. I have recommended them to several business associates and friends.

Glenda A.
I have my auto insurance through Hanson Insurance Group. Great staff and easy to work with. Prices and coverage are good...and that is saying something because I have a teenage daughter!

Chad D.
Hanson Insurance Group has been handling our company's insurance needs for the past several years. They are an outstanding company, always providing competitive rates and excellent coverage.

Chelsea C.
The staff is exceptional and the service is personalized to my needs. I would highly recommend.

RJ
We have been with Hanson Insurance Group since the company opened. Brad is a very personable individual and he is someone that we trust 100%. We have all of our insurance policies (business, personal, life insurance) through Hanson Insurance and have always been happy.

Candy J.
Successfully navigating the world of insurance is tricky. Especially for a small business and especially for the first time. Throughout the process of getting insurance for my business Erin and the rest of the folks at Hanson’s were great to work with: informative, helpful, prompt, and competitively priced. If you are in the market for commercial insurance, I recommend adding them to your list and giving them a call.

Jacob H.