Safeguarding you and your family with the security of personal insurance should not be low on your to-do list. Make it a top priority!
For nearly 150 years, River Valley Insurance has been providing peace of mind from a trusted source to customers, communities and families. Protect your most valuable possessions from unexpected losses you may not be able to recover on your own.
River Valley's personal lines of insurance includes a full line of property and casualty insurance. Review the categories below and contact us today with any questions or to receive an insurance quote.
To file a claim to our insurance carriers, click here.
Home insurance policies combine various personal insurance protections which can include losses to the home, its contents, living expenses and loss of personal possessions. It can also include liability insurance for accidents at home.
What we need:
Full name, birth date, social security number for named insureds.
Year house was built and year of updates to roof, electrical, plumbing, and heat.
Copy of current policy, if available.
Car insurance coverage you can count on with affordable rates and responsive customer service.
What we need:
Full name, birthdate, social security number, driver’s license numbers for all operators in the household.
The year, make, model & VIN# for each vehicle.
The use of each vehicle.
Limits of liability and deductibles for each vehicle or a copy of current policy, if available.
Whole life insurance is permanent life insurance and provides protection for life. As long as premiums are paid, a death benefit is paid to the beneficiary.
The premiums for whole life insurance policies are designed to remain level over time.
In addition, these policies accumulate cash values on a tax-deferred basis. The rate of return on whole life insurance cash values is dependent upon a number of factors including the results of an insurance company's investment performance. Cash values can be used for a variety of options:
Policy can be surrendered at any time for the cash surrender value.
Policy owner can take out a loan and use the cash value as collateral.
Policy can be changed to a reduced death benefit amount that is paid up.
Cash values may be used to pay premiums for a certain period of time.
Cash surrender value can be used to supplement retirement income.
Term life provides protection for a specified period of time. If the insured dies within the time of the term insurance, the beneficiary receives the death benefit.
Level premium term life insurance has premiums which remain level over a specified period of time. These plans have premiums that remain level for a period of 5, 10, 15, 20, 25, and 30 years. After the initial level period expires, the annual premium increases each year, subject to a guaranteed maximum.
In general, term life insurance is suitable when your life insurance needs are temporary, or, your life insurance needs are long-term but your budget does not permit the higher premiums of permanent life insurance.
River Valley Insurance Agency, Inc. is a wholly owned subsidiary of River Valley Bank. Products offered by River Valley Insurance are not a deposit, not FDIC insured and not guaranteed by River Valley Bank.