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Recent News

Illinois Mutual’s 2015 Annual Report microsite, www.IllinoisMutualNow.com, is live! Visit the site to see our 2015 highlights, videos covering real life stories from Illinois Mutual policyowners, and our 2015 Financial results.   Read More

2015 Annual Report - Creating Opportunities

Illinois Mutual’s 2015 Annual Report microsite, www.IllinoisMutualNow.com, is live! Visit the site to see our 2015 highlights, videos covering real life stories from Illinois Mutual policyowners, and our 2015 Financial results.

Opportunities to Provide

Learn about how a parent can provide for his or her family in our video: Linda’s plan to provide for her children.

Opportunities to Protect

See why dairy farmer, Allen H., decided to buy Disability Income insurance

Opportunities for Financial Stability

Hear how a small businesses, Thrift Trucking, provides a valuable service to their employees by offering them voluntary benefits.

Visit www.IllinoisMutualNow.com to learn more about how Illinois Mutual helps families and businesses plan for the future by providing insurance solutions that protect what matters most.

Living Benefits
Offer your clients more value with life insurance that DOES MORE! Read More

LifeAid™ Accelerated Benefit Rider is Here!

Living Benefits
Now you can offer more value to your clients with life insurance that DOES MORE. As people continue to live longer, it is important to have a flexible policy that lets them choose when to use their benefits. LifeAid™ Accelerated Benefit Rider1 is now included as part of Illinois Mutual’s Path Protector® Whole Life policy. These living benefits give your clients the flexibility to accelerate a portion of their policy’s death benefits if they become chronically or terminally ill.2

LifeAid™ Advantages

  • Available at no additional premium
  • Living benefit protection
  • No waiting period once eligibility is met
  • No restrictions on how the money is spent

Accelerated benefits for a chronic illness are available when a licensed physician certifies that the insured is permanently unable to perform, without substantial assistance from another individual, two or more activities of daily living for a period of at least the last 90 consecutive days due to a loss of functional capacity; or that the insured requires substantial supervision to protect him or her from threats to health and safety due to permanent severe cognitive impairment.

Accelerated benefits for a terminal illness are available when a licensed physician diagnoses the insured with a medical condition that is expected to result in death within 24 months of the date we receive due proof.

For more details, download form UP111 and order a supply of C5758 LifeAid™ Consumer Brochures from the Resource Library on the Agent Forum today!

1Insured must be 65 or younger at time of application and meet established underwriting criteria to qualify for the LifeAid™ Accelerated Benefit Rider. A rider providing accelerated benefits for terminal illness only will be available to individuals who do not qualify.
2Certain charges accrue when an Accelerated Death Benefit is paid. Acceleration of death benefits creates a lien that reduces (and may terminate) the policy’s death benefit and the cash available for loans, withdrawals, and nonforfeiture options. Interest continues to accumulate after the payment date. Only one benefit for chronic illness may be paid during any 12-month period.

Payments made under these riders are intended to qualify for favorable tax treatment under the Internal Revenue Code. Illinois Mutual recommends that you consult a qualified tax advisor prior to purchasing the policy or accelerating benefits.

Accelerated Death Benefit Payments may affect eligibility for or the amount of certain state or federal government benefits such as Medicaid or Supplemental Security Income (SSI). These riders are not intended to be a substitute for long term care insurance, health insurance, or nursing home insurance.



Policy Form 617, Whole Life Insurance To Age 121 Policy
Policy Form 5738, Chronic and Terminal Illness Accelerated Death Benefit Rider
Policy Form 5739WL, Terminal Illness Accelerated Death Benefit Rider

Not available in AK, CA, CT, DC, HI, MT or NY. Coverage and availability may vary in other states.

For policy costs and details of coverage, limitations, exclusions and terms, contact Illinois Mutual.

Best of Both Worlds
Offer your clients life protection if needed, money back if not!   Read More

Return of Premium Term is Here!

Best of Both Worlds
Path Protector® Return of Premium Term offers your clients the best of both worlds – life protection if they need it, and money back if they don’t. It also gives them the option to convert to a permanent policy without evidence of insurability through the initial term period, through the 20th policy year, or to age 70, whichever is earlier.

Here’s how it works:
Return of Premium Term (Form LRPT15) is available for face amounts of $25,000 to $250,000. If the policy is in force when the initial term period ends and its terms have been met, 100% of the Returnable Premium will be paid back to your client as a Return of Premium Endowment Benefit!

The maximum Returnable Premium amount is the sum of the annual premiums paid from the time your client first purchased the policy through the last day of the initial term period. Additional premiums paid for riders, supplemental benefits, and rated policies are not included in Returnable Premium calculations.*

The Return of Premium Endowment Benefit can be used for whatever your clients need – from providing cash to help your clients make the transition to retirement to helping with mortgage or business loan payoffs.

For more details, download form UP110 and order a supply of C5529 RPT Consumer Brochures from the Resource Library on the Agent Forum today!

*The amount payable as the Return of Premium Endowment Benefit will be reduced by any outstanding loans, any paid Accelerated Benefit, and any accrued interest.

 

Policy Form LRPT15, Term Endowment Life Insurance

Not available in AK, CA, DC, HI, MT or NY. Coverage and availability may vary in other states.

For policy costs and details of coverage, limitations, exclusions and terms, contact Illinois Mutual.

Video Center

Show the importance of insurance protection with videos from Illinois Mutual! These videos provide a simple way for you to get the conversation started, help explain how a product works, or share real policyowner stories with your clients.