412-893-2500

Individual Life Insurance

Peace of Mind for you and your Loved Ones

HHM Insurors provides life insurance to individuals in Moon Township, Pittsburgh, North Hills, Cranberry, South Hills, Allegheny County, and surrounding areas.

Individual Life Insurance

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 HHM Insurors, 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 peace of mind you deserve. 

 

 

Types of Individual Life Insurance

HHM Insurors offers several different coverage options for your consideration: term life, whole life, universal life, and variable life insurance.

 

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 is a benefit policy that is 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, variable 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 the policy while payments over and above your premium are credited to your savings, which earn a fixed rate of interest. 

 

 

Universal Life – Universal life policies are designed to be more flexible than other permanent Life Insurance. You are still guaranteed a death benefit for the duration of the policy as well as savings that accumulate cash value, but the flexibility of a Universal Life plan allows you to change certain aspects of your plan to accommodate life changes. 

 

Depending on your options, you have the flexibility to change the overall value of the death benefit as well as the time and amount in which you pay your premium. This gives you the option to focus on building your policy’s cash value, or pay a lower premium and focus on guaranteed protection. It is important to note that changes to your universal life policy can affect its guarantees and limits.

 

 

Variable Universal Life - With a variable universal life (VUL) Insurance policy, you get the same flexible benefits of Universal Life while being able to take advantage of potential economic growth in the stock market. Instead of creating a cash value for savings, the value of your VUL policy is invested in professionally managed funds that reflect the performance of the stock market. This also means that as the policy owner, you assume the risk and responsibility of monitoring your own investments.

 

 

HHM Insurors 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 is why it is 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 HHM Insurors 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. 

 

HHM Insurors

500 Commerce Drive

P.O. Box 1138 Moon Township, PA 15108

Main office: 412-893-2500
Fax: 412-893-2525

Office Hours:

Mon: 8:00 AM - 4:30 PM
Tues: 8:00 AM - 4:30 PM
Wed: 8:00 AM - 4:30 PM
Thurs: 8:00 AM - 4:30 PM
Fri: 8:00 AM - 4:30 PM
Sat: Closed
Sun: Closed

Our Providers

Testimonials

"HHM Insurors has been providing Walnut Capital insurance and risk management guidance for over 10 years. Their proactive management of our entire insurance portfolio has allowed us to concentrate on our property development and management business without having to staff our own insurance department."
Todd E. Reidbord, President, Walnut Capital Management, Inc.
"HHM Insurors has been providing Miller Centrifugal Casting Co. insurance services for our Manufacturing business since 2005. Their detail to service and representation of numerous carriers has enabled us to have a very comprehensive program at competitive prices. We appreciate all they do for us."
Rodney J. Francis, V.P. and CEO, MCC International, Inc.
"HHM Insurors has been our insurance advisor since 1982. Because our administrative staff is small we rely on our regular conversations with their firm on an array of contractual related insurance issues."
Nick Aspiotes, President, Almega Company, Inc.
"EMS organizations are struggling with increasing costs on every level. Those who choose to partner with HHM Insurors are better able to manage their worker's compensation costs, and consistently praise HHM's exceptional customer service."
J. R. Henry, President, J.R. Henry Consulting Inc.
"We have been with HHM Insurors for over 20 years and they have always been focused on our bottom line. Again, this year they offered an optional health care plan provider with better coverage than we had and a more competitive workers compensation plan that saved us thousands" A+ service!"
Russell J, Scheller, Director, Richland EMS