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Recent News

Illinois Mutual is once again celebrating Insure Your Love, an industrywide event aimed at raising awareness around the importance and power of proper insurance planning.   Learn More

Insure Your Love is Here!

Illinois Mutual is once again celebrating Insure Your Love*, an industrywide event aimed at raising awareness around the importance and power of proper insurance planning. Don’t miss this great opportunity to help your clients understand that protecting those who matter most with life insurance is the best way to say “I love you”!

We have created marketing materials ranging from planning guides and postcards to stuffers and pre-approach letters to help you deliver the Insure Your Love message to your clients this February.

Log in to the Agent Forum at Agent.IllnoisMutual.com and visit the Resource Library or contact your Life sales team to download and order your complimentary Insure Your Love sales tools today!

(800) 437-7355, ext. 775 • LifeSalesSupport@IllinoisMutual.com

*Insure Your Love is an industrywide event coordinated by Life Happens. Illinois Mutual is a member of Life Happens.

We are pleased to report A.M. Best has upgraded Illinois Mutual’s Financial Strength Rating to A- (Excellent) and the Long-Term Issuer Credit Rating to “a-“. The outlook on both of these ratings is Stable.   Read More

A.M. Best Rates Illinois Mutual A- (Excellent)

We are pleased to report A.M. Best has upgraded Illinois Mutual’s Financial Strength Rating to A- (Excellent) and the Long-Term Issuer Credit Rating to “a-“. The outlook on both of these ratings is Stable.

A.M. Best notes, among other factors, that the rating upgrades reflect improvement in top-line growth and maintenance of absolute capital and strong risk-adjusted capitalization. The A.M. Best report also highlights Illinois Mutual’s diverse business profile, its solid overall net operating performance, and the diversification and improved risk profile of Illinois Mutual’s investment portfolio.

You can read the full press release by clicking here.

Illinois Mutual is stronger today than ever before. Our over 100-year history of successfully serving our customers would not be possible without your trust and confidence in us. Thank you for choosing Illinois Mutual and being a part of that history today.

Illinois Mutual is continually looking for ways to improve our customers’ experience. This holds true with our recent update to the Wellness Benefit Claim Form for our Worksite product line.   Read More

Customer Experience Enhanced with Quicker Wellness Benefit Claims Process—No More Invoices!

Illinois Mutual is continually looking for ways to improve our customers’ experience. This holds true with our recent update to the Wellness Benefit Claim Form for our Worksite product line.

Our Wellness Benefit process is now even more streamlined - no more copies of bills or invoices required before we pay the benefit! Just submit the revised Wellness Benefit Claim Form (BD169).

The revised Wellness Benefit Claim Form (BD169) makes things easier for you. Previously, Illinois Mutual required the Wellness Benefit Claim Form to be submitted along with copies of bills or invoices showing exactly what test was completed. Now with this exciting update, we no longer require bills or additional documentation - simply submit the new claim form.

The new Wellness Benefit Claims Process significantly increases our policyowners’ ability to receive Wellness Benefits promptly without the extra burden of copying bills or invoices!

Just one more reason working with Illinois Mutual is Fast, Simple, Seamless®!

When your clients partner with us to provide Voluntary Benefits at the Worksite to their employees, they can experience the convenience of complimentary Combined Billing.   Read More

Complimentary Combined Billing: Voluntary Benefits Made Easy!

Combined Billing limits your clients’ involvement in the time-consuming process of benefits administration at no cost to them or their employees, as the service fee is paid by the carrier!

Illinois Mutual wants to make doing business with us as easy as possible. When your clients partner with us to provide Voluntary Benefits at the Worksite to their employees, they can experience the convenience of complimentary Combined Billing.

Combined Billing Will Save Your Clients Time!

  • A Simple Solution for Accounts Payable or HR: Simple electronic transfer (ACH) of the premium deductions is made for the month to the third party administrator’s lock box.
  • Easy Reconciliation of Premium: The employer simply sends the deduction register to the secure FTP site of our third party administrator, Vision Financial, which then reconciles each company’s bill and pays the premium to the carriers.
  • Automatic Deduction Adjustment: When notified of changes by the carrier, Vision Financial automatically adjusts the deduction amount and sends the information securely to the employer’s payroll department. 

How Does Combined Billing Work?

Vision Financial, a licensed and bonded third party administrator, works behind the scenes to reconcile changes in the deductions and premium due for employees’ benefits selections and channels the premium payments to the proper carriers.

Steps for Setting up a Case with Vision Financial

  1. Complete a Vision Financial Case Information Form and submit it directly to Vision Financial at mktsupport@visfin.com. All carriers to be included in Combined Billing must have a contract with Vision Financial. Please contact Vision for a list of contracted carriers.
  2. Complete and submit the Workplace Case Data Report (8021) to Illinois Mutual. Make sure to indicate that the employer group will be billed by Vision Financial in Section 4 of the report.
  3. Advise your employer group that a Vision Financial representative will be in contact to confirm payroll deduction setup and data exchange.

Just one more way Illinois Mutual is making doing business with us Fast, Simple, Seamless®!

 

Contact your Worksite sales team for more information.

(800) 437-7355, ext. 782 • WorksiteSales@IllinoisMutual.com

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.