Illinois Mutual Life Insurance Company

Life is rarely a straight line. As we try to navigate both the tough moments and exciting events, the goals we have for ourselves and our families paint a picture much bigger than insurance products or asset values. Yet, solid financial planning and investing in the future can be the difference between being burdened by life’s challenges and having peace of mind for whatever lies ahead.

Illinois Mutual has spent the last 110 years understanding the evolving needs and values of people who are much like ourselves—hardworking Americans seeking to safeguard our futures. This has led to our longstanding commitment to developing a personalized experience through empathy and a passion for service. This dedication helps our policyowners fulfill their objectives with our accessible financial solutions.

In 2019, we delivered upon our commitment in notable ways. In launching our new Whole Life insurance portfolio of products, we increased customizations available to fit the varied situations of policyowners. We also implemented several disability insurance underwriting enhancements, enabling us to cover more people with more needs than ever before. And with our new Worksite employer portal, new employer groups have improved administrative access, keeping their coverage through Illinois Mutual simple and easy.

Financially, 2019 was a successful year. Total assets grew to more than $1.5 billion, the highest in company history, and surplus grew to its highest level ever at more than $255 million. We also maintained our A- (Excellent) Financial Strength Rating from A.M. Best. These results demonstrate how Illinois Mutual holds high expectations for financial strength and stability, as doing so enables us to remain steady and successful year after year for our policyowners.

The future of Illinois Mutual is sure to hold more innovative progress all while we keep our sights on what matters most: our people. The achievements made by our Company rely heavily on the success of our policyowners, agents and employees—people who work hard to make a difference and do good work. The values that are core to what we do every day at Illinois Mutual are also a common thread connecting us. These vital connections remind us that our business is about people and relationships. With this in mind, we will continue leading the way with the good we do every day for those who need and rely on us to be there when they need us most.

Katie M. Jenkins
President & Chairperson