Life Insurance in Idaho

The residents of Idaho carry $90 billion in death benefit coverage. There are over 500,000 individual policies in force in the state of Idaho, and in 2006, life insurance purchases totaled $9 billion.

If you are a resident of Idaho who wishes to purchase life insurance, there are many choices - nearly 500 insurers are licensed to do business in the state. United Heritage Life Insurance Company is the only one who is also domiciled in the state. Incorporated in 1934 and originally called the Grange Mutual Life Company, the company's state-of-the-art headquarters are located in Meridian, Idaho.

Office Responsible for Life Insurance in Idaho

The body charged with the licensing and regulation of life insurance activity in the state is the Idaho Department of Insurance. Though state regulation of the insurance sector in the state of Idaho began as early as 1901, the current department of Insurance was formed in 1961. In 1974, the Idaho Department of Insurance joined nineteen other major departments in the Executive branch of Idaho's state government.

The Insurance Department issues occasional consumer alerts and offers consumer assistance.

Contacts for the Idaho Department of Insurance