Expertise.com
2024

Last updated:

Best Life Insurance Companies in Chicago

Our Recommended Top 19

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Chicago Life Insurance Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

126369

Reviewed

75829

Curated

19

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
4219 W 95th St Ste A, Oak Lawn, IL 60453

Why choose this provider?

Ferrell Insurance Agency has provided quality individual and business insurance solutions for more than 40 years. Its health insurance options are tailored to meet clients' needs. The company represents a variety of top-quality carriers with a range of co-pay, deductible, and annual limit plans. It also delivers term and whole life insurance plans that are designed to cover the future individual and family requirements, such as mortgage payments, education, earnings, and debts.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.0 / 5 (7)
Facebook
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.8
Responsiveness
Friendliness
Helpfulness
Detail

Website
212 South Milwaukee Avenue, Wheeling, IL 60090
  • Life Insurance
  • Health Insurance

Why choose this provider?

Joan Polec Insurance Agency is a Wheeling-based insurance agency that works with clients in and around the local communities, including Chicago. Its insurance professionals can assist clients in choosing a variety of life insurance products, ranging from group and individual life insurance to second-to-die policies and long-term care insurance. The agency partners with an array of insurance providers, such as The Hartford and Victoria Insurance, to ensure clients can acquire the insurance products that suit their needs.

License Verified:

License: 3000241528

Illinois Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (6)
Facebook
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.5
Responsiveness
Friendliness
Helpfulness
Detail

Website
6112 S Western Ave, Chicago, IL 60636

Why choose this provider?

Hallberg Insurance Network is an independent agency representing over 50 companies. The life insurance company in Chicago offers a variety of options to meet its clients' needs. Its individual simple issue life insurance covers up to $25,000 without a physical exam or medical records evaluation requirement. The company's other individual plans include health, dental, and disability. Additionally, Hallberg Insurance Network offers group coverage, encompassing a range of health and life insurance plans.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
5.0 / 5 (8)
Facebook
5.0 / 5 (2)
Yelp
4.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
3932 N. Lincoln Ave., Chicago, IL 60613
  • Life Insurance

Why choose this provider?

GB Group, Inc., is an independent insurance agency that has been serving Chicago since 1989. It assists English and Spanish-speaking individuals in securing their futures by offering term, whole, and universal life insurance policies. With death and living benefits, the coverage helps families in the near future in terms of expanding a business, providing financial assistance to a parent, or purchasing a new home. Its team of independent agents also provides vehicle, property, business, and health insurance.

License Verified:

License: 100297850

Illinois Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (8)
Google
5.0 / 5 (3)
Yelp
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1165 N Clark St Ste 700, Chicago, IL 60610

Why choose this provider?

Kocher Insurance Group is an independent brokerage offering business clients the options they need to make informed decisions. The life insurance company in Chicago works with all major life and disability carriers to structure the program that best fits its clients' needs. It offers large life and disability programs as well as employee buy-up options. Kocher Insurance Group also provides group health programs for a diverse range of industries and company sizes.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (11)
Facebook
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
10236 S Kenton Ave, Oak Lawn, IL 60453

Why choose this provider?

Gallagher and Murphy Insurance Agency Inc. is an independent agency that's delivered individual and business insurance options since 1991. Representing a variety of carriers allows the agency to offer its clients individual term, whole, and universal life insurance policies tailored to meet their needs. The company's agents also work with individuals to assess the health insurance options available and determine the most effective choice for specific circumstances, evaluating co-pays, deductibles, and annual limits.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.8 / 5 (23)
Facebook
5.0 / 5 (19)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
180 W Washington St Ste 500, Chicago, IL 60602

Why choose this provider?

LR Windsor has provided clients with insurance solutions since 2003. The independent life insurance company in Chicago works with a variety of quality providers to tailor a plan that specifically meets its clients' needs. The company's agents assess each person's situation to provide the appropriate policy and coverage. In addition to mortgage protection, the company offers final expense insurance. LR Windsor also delivers individual and family health plans with any requested supplemental insurance, such as dental and disability coverage.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (14)
Facebook
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1979 N Mill St, Ste 205, Naperville, IL 60563
  • Life Insurance

Why choose this provider?

Robert Slayton & Associates, Inc. Insurance offers products and services to families and individuals in Chicago. It provides an array of personal lines of insurance, including life policies. The company helps clients acquire term, whole, universal, and final expense coverages to protect their families from financial losses caused by mortgage debts and funeral expenses. Owner Robert Slayton is a Certified Identity Theft Risk Management Specialist. He received the Golden Eagle Award from the Leading Producers Round Table of the National Association of Health Underwriters in 2007.

License Verified:

License: 100289110

Illinois Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (9)
Yelp
5.0 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
7114 Calumet Ave, Hammond, IN 46324

Why choose this provider?

Rosenwinkel Insurance is a family-owned independent agency that's delivered a full range of insurance services since 1946. Partnering with a variety of insurance providers, the company offers customized life and health plans to meet its clients' needs. Working with individuals and businesses, Rosenwinkel Insurance helps clients navigate their health insurance options, including fee-for service, HMO, PPO, and POS packages. It also assists with determining the most comprehensive life insurance coverage to protect family and assets.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (37)
Facebook
5.0 / 5 (23)
Yelp
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1655 S Blue Island Ave, Suite 319, Chicago, IL 60608
  • Term Life Insurance
  • Permanent Life Insurance Policy
  • Personal Insurance
  • Multiple Carriers

Why choose this provider?

Melendez Insurance is an independent agency that offers a range of products and services to families, individuals, and business owners in the Chicago metro. It accommodates clients who want to acquire life insurance plans, which include term and permanent coverages. The full-service company also provides other personal and business policies, such as health, homeowners', auto, general contractor, and workers' compensation insurance. Owner Jose Melendez worked at the Martingale National Insurance Company from 2008 to 2014.

License Verified:

License: 100487015

Illinois Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (12)
Facebook
5.0 / 5 (5)
Yelp
4.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
3906 W North Ave Ste S, Chicago, IL 60647
  • Life Insurance
  • Health Insurance

Why choose this provider?

Illinois Insurance Family serves communities throughout the Chicago metro. It offers term life, whole life, and universal life insurance packages and extends its services to cover trucking, business, home, and auto insurance. Through partnerships with a variety of carriers, it can better provide its clients with the coverage they need. The full-service agency facilitates its application process by offering 15-minute telephone inquiry services and an option to sign up at its local office. Its site is also equipped with online features that simplify account access.

License Verified:

License: 100721274

Illinois Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.6
Google
4.6 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
453 W North Avenue, Chicago, IL 60610
  • Life Insurance
  • Health Insurance

Why choose this provider?

Jessica Rhee is a second-generation State Farm insurance agent that has been serving Chicago for more than 20 years. She provides term, whole, and universal life insurance coverage options to help clients in securing their futures. Policies are also available for small businesses for different purposes such as business continuation, employee benefits, and key employee incentives. Rhee hones her skills in establishing relationships with individuals, families, and local businesses through active community involvement.

License Verified:

License: 3779752

Illinois Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (6)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
4016 N Lincoln Ave, Chicago, IL 60618
  • Life Insurance
  • Commercial Insurance
  • Apartment Insurance
  • Group Benefits
  • Home and Auto Insurance

Why choose this provider?

Kane Insurance Group offers products and services to business owners, families, and individuals in the Chicago metro. It provides a range of personal plans, including life insurance. The company helps clients acquire individual and group life coverages to protect them from financial losses caused by funeral expenses and other debts. It also deals with health, homeowners', flood, workers' compensation, and general and cyber liability insurance. Kane Insurance Group is an independent agency that represents multiple carriers like Progressive and Mercury Insurance.

License Verified:

License: 100294365

Illinois Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Yelp
5.0 / 5 (13)
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
5746 W 63rd St, Chicago, IL 60638
  • Life Insurance

Why choose this provider?

Venamex Insurance is an independent company serving individuals, families, and business owners in the Chicago metro. It offers an array of personal lines of insurance, including life policies. The agency helps clients acquire term, whole, and universal coverages to protect them from financial losses caused by funeral expenses and estate taxes. Its specialists also deal with homeowners', car, umbrella, health, workers' compensation, and general liability insurance. Venamex Insurance is a family-owned business that has been operating since 2009.

License Verified:

License: 100288865

Illinois Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (17)
Google
5.0 / 5 (8)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1905 W Chicago Ave, Chicago, IL 60622-7860
  • Individual Plans
  • Life Insurance

Why choose this provider?

Insurance Trade Solutions is an independent insurance company that has been serving clients in Chicago and the surrounding communities for more than a decade. It carries term life insurance plans for temporary needs and permanent life insurance policies for lifelong protection. It also provides other types of insurance solutions, including home, condo, boat, motorcycle, and renters' insurance. For businesses, it handles commercial auto, general liability, condominium association insurance programs, as well as business owners' policies.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (5)
Facebook
5.0 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
70 E Lake St, Chicago, IL 60601
  • Life Insurance

Why choose this provider?

Beyer Insurance Agency, Inc., is an independent company serving families, individuals, and business owners in the Chicago metro. It offers an array of insurance products, including life policies. The agency helps clients acquire term, whole, universal, final expense, and mortgage protection insurance. Its agents also provide home, auto, general liability, and workers' compensation coverages. Beyer Insurance Agency has been in the industry for over 25 years. Its president Steve Foster was recognized as a Top Insurance Professional Under 40 by the National Underwriter in 2015.

License Verified:

License: 100299118

Illinois Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
1655 S Blue Island Ave Ste 320, Chicago, IL 60608
  • Life Insurance
  • Health Insurance
  • Term Life Insurance
  • Whole Life Insurance

Why choose this provider?

Sharon Robles Agency LLC provides an array of insurance products and services in the Chicago metro. It accommodates families and individuals who want to acquire life insurance plans, which include universal, whole, and term coverages. The independent agency also offers other personal and commercial lines of insurance, such as homeowners', rideshare, car, and BOP coverages. It represents multiple carriers like Safeco, Travelers, and Grange Insurance. Owner Sharon Robles has been delivering insurance solutions for more than 20 years.

License Verified:

License: 1492121

Illinois Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Facebook
5.0 / 5 (7)
Google
4.8 / 5 (6)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
4806 N Milwaukee Ave, Chicago, IL 60630

Why choose this provider?

Erie Insurance began its journey of providing comprehensive insurance solutions in 1925. The independent life insurance agency in Chicago tailors its term, whole, and universal policies to meet its clients' needs. The company represents a variety of providers to offer future coverage for the home, income and debt, children's education, and final expenses. Erie Insurance also offers Medicare supplement, personal catastrophe liability, and long-term care rider insurance in addition to auto, home, and business options.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Facebook
4.8 / 5 (10)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
7158 W Grand Ave, Chicago, IL 60707

Why choose this provider?

KSA Insurance Agency is an independent agency providing its clients with a variety of options from top-level carriers. The company's agents deliver individual and group coverage for life and health insurance concerns. They offer life insurance packages that include mortgage protection, long-term care, disability, second-to-die, and key person insurance plans. KSA Insurance Agency also ensures its individual and group clients receive optimal health coverage that may encompass supplemental plans, such as dental, vision, and prescription packages.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (4)
Facebook
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Frequently Asked Questions

  • What are the life insurance laws in Illinois that Chicago residents should have knowledge of?

    Under Illinois law, Chicago residents have two years from the policy's activation date to challenge the validity of their life insurance policies. Policyholders who cancel their insurance within the first 10 days are entitled to a full refund of the money they paid to carriers. In the event of a missed payment, policy owners have a 30-day grace period to bring their payments up to date before the insurance company can terminate the policy.

  • What are some of the significant life changes that can prompt Chicago residents to review their life insurance policies?

    Policyholders in Chicago may consider revisiting their policies in the aftermath of major life events such as marriage or divorce. Furthermore, starting or expanding a business can prompt policyholders to review their coverage. Another reason for a policy review is if someone has recently refinanced their home mortgage or if their spouse has received an inheritance within the last six months.

  • When can Chicago residents who are facing divorce proceedings change the beneficiaries of their life insurance?

    The same beneficiaries for life insurance policyholders in Chicago are frequently recommended by Illinois courts until the divorce is formally finalized. A divorce is legally considered final when a judge decrees it to be so. Changing the conditions of the divorce process can significantly complicate the situation.

  • Is it against the law for an insurance company or agent to return a portion of the premium when a new insurance policy is purchased in Chicago or the state of Illinois?

    Yes, rebating is illegal under Illinois state law. Rebating is the practice of providing any type of reward, such as returning a portion of the commission or offering other incentives, with the goal of promoting the purchase of life insurance in Chicago as well as the rest of the state.

  • Is life insurance divisible in a divorce in Chicago?

    No, according to the Illinois Marriage and Dissolution of Marriage Act, life insurance benefits are generally not subject to division during divorce proceedings because they are paid upon death. However, if some of the interest in a life insurance policy is marital property, equitable distribution may be required. Because Illinois uses an equitable distribution method, any portion of a life insurance policy that is deemed marital property will be allocated in a way that ensures fairness to both parties involved.

  • Which is better, term or whole life insurance?

    Life insurance is a personal financial tool, so the right type of insurance for you depends on your goals and current situation. One of the main differences between term life insurance and whole life insurance is that term life insurance only covers you for a set period of time. Once you meet the premium payment requirements on a whole life plan, it covers you for the rest of your life. Whole life insurance also builds cash value, making it a potential investment. But whole life insurance is typically much more expensive than term life insurance.

  • How much life insurance do I need?

    A common recommendation is purchasing life insurance that is equal to five times your current salary, or more. But you can also estimate how much life insurance you need by adding up your debts, annual expenses for dependents multiplied by the years you want to ensure support, and any other items you wish to cover, such as a future wedding or college tuition.

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