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Best Life Insurance Companies in Cicero

2024

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Website
6950 West Archer Avenue, Chicago, IL 60638
  • Life Insurance
  • Health Insurance
  • Long Term Care
  • Term Life Insurance

Why choose this provider?

Handzel & Associates Insurance offers personal and commercial insurance products in and around Cicero. As an independent insurance agency, it provides access to multiple carriers and offers claims assistance and advocacy. Its insurance advisors help clients acquire suitable life insurance policies, analyzing their needs, and determining appropriate coverage, whether under term or whole life insurance plans. They also offer bonds, commercial trucking insurance, and cyber liability coverage. Greg Handzel started the agency in 1989 and then expanded the company to five offices.

License Verified:

License: 100297408

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
Facebook
5.0 / 5 (16)
Yelp
3.0 / 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
6535 W Cermak Road, Berwyn, IL 60402
  • Life Insurance
  • Whole Life Insurance
  • Term Life Insurance

Why choose this provider?

Golden Owl Insurance Brokerage offers life insurance solutions to protect individuals and their families in Cicero. The available options are term, universal, and whole life policy plans. By working with diverse carriers, the company can deliver a variety of insurance lines, such as home, pet, auto, events, commercial, and travel medical insurance. Golden Owl Insurance Brokerage strives to fulfill its mission of helping clients with their insurance requirements by providing comprehensible and straightforward information about different coverages.

License Verified:

License: 100718128

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.
4.3
Facebook
4.0 / 5 (10)
Google
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
7310 Madison Street, Forest Park, IL 60130
  • Life Insurance
  • Health Insurance

Why choose this provider?

Forest Insurance is a second-generation and family-owned business serving the Cicero metro. It is an independent agency that can access different insurance products and services from various carriers, including Safeco, Foremost, and Hagerty. Forest Insurance offers life insurance plans that may include individual, disability, fixed annuities, final expense, and mortgage protection coverages. Furthermore, its team of insurance agents also helps clients acquire auto, homeowners, and business insurance. Headed by Dan Browne, the company has been providing insurance solutions since 1957.

License Verified:

License: 100292442

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
Facebook
5.0 / 5 (22)
Yelp
4.0 / 5 (16)

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
320 West Ohio Street, Chicago, IL 60654
  • Life Insurance

Why choose this provider?

Guaranteed Rate Insurance is a company that has been offering life insurance solutions in Cicero since 2008. It represents more than 40 carriers which makes it capable of providing a wide variety of term, permanent, and universal life insurance plans. In addition, auto, disability, business, and crime insurance policy options are available. Guaranteed Rate Insurance has helped over 150,000 individuals and companies in 40 states across the country. It strives to deliver valued service and a consultative approach for every client and partner.

License Verified:

License: 100288243

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 (13)

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
8915 Cermak Road, North Riverside, IL 60546
  • Life Insurance
  • Health Insurance

Why choose this provider?

Linares Insurance Group Inc. is a woman-owned company serving clients in Cicero and the surrounding areas. It has been in the industry for over 15 years, helping individuals, families, and businesses find the insurance coverage that fits their needs. The business offers life insurance intended to protect the clients' valuable assets and financial future. Coverage for home, auto, health, disability, and business insurance are also available. Moreover, the company's professionals help clients report a claim or change a policy.

License Verified:

License: 100689443

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.
4.1
Google
4.0 / 5 (40)
Facebook
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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
3438 North Southport Avenue, Chicago, IL 60657
  • Life Insurance

Why choose this provider?

Since 1976, Lakeview Insurance Agency, Ltd., has been serving individuals, families, and businesses in Cicero. It offers an array of options in personal and business insurance. Clients seeking to obtain a loan or conduct estate planning can avail themselves of the agency's offerings. The company covers life insurance policies that can create a crash value, contribute to a charity, and substitute as income for the insured. Lakeview also handles insurance plans for medical care, disability, property, and travel.

License Verified:

License: 100296068

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.
4.0
Google
4.0 / 5 (58)
Yelp
4.0 / 5 (22)
Facebook
4.0 / 5 (13)

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
2646 South Central Park Avenue, Chicago, IL 60623
  • Life Insurance

Why choose this provider?

Illinois Insurance Center is an independent agency that delivers insurance solutions to individuals and families in the Cicero metro and nearby areas like Arlington Heights and Hanover Park. It works with multiple insurance carriers to provide coverages suited to policyholders' specific needs and preferences. The company helps clients acquire life insurance plans that may include term and whole coverages. Additionally, it offers other personal policies, including homeowners', renters', and car insurance. Illinois Insurance Center has been in the business since 1973.

License Verified:

License: 100293769

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.
4.7
Facebook
5.0 / 5 (20)
Google
4.0 / 5 (11)

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 South Kenton Avenue, Oak Lawn, IL 60453
  • Term Life Insurance
  • Whole Life Insurance
  • Life Insurance

Why choose this provider?

Gallagher Murphy Insurance Agency is an independently owned agency that provides personal and business insurance products and services to clients in Cicero. It offers several types of life insurance policies, including term life, whole life, and universal life insurance. To offer a wide range of insurance coverage options for clients, it has formed partnerships with several insurance carriers, including American Modern, Erie Insurance, and Grange Insurance. The owners, Bob Gallagher and Brian Murphy, have 50 years of combined insurance industry experience.

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
5009 West Cermak Road, Cicero, IL 60804
  • Life Insurance
  • Health Insurance

Why choose this provider?

Armando Guzman is a Cicero-based insurance agent that specializes in dealing with life insurance products and services. He was inspired by his four years in a claims department to serve his local community. With this in mind, Guzman established his State Farm agency and has been working to assist individuals, families, and small businesses in the metro. In addition to life insurance, his office crafts a range of policies for automobiles, properties, homes, health, and businesses.

License Verified:

License: 2847271

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.
3.9
Google
4.0 / 5 (35)
Facebook
4.0 / 5 (5)
Yelp
1.0 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
790 West Frontage Road, Northfield, IL 60093
  • Life Insurance

Why choose this provider?

Hoopis Group has been delivering financial solutions to families, individuals, and businesses in Cicero, Northfield, and the surrounding areas. The company is led by financial consultant Peter Hoopis. Peter and his team provide families with options on life insurance, risk management, education funding, special care planning, and retirement planning. Hoopis Group likewise offers assistance in estate, trust, and gift planning. Businesses can also avail themselves of the company's services in executive benefits, employee benefits, succession planning, and business valuation.

License Verified:

License: 1631881

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 (6)

Website
527 South Wells Street, Chicago, IL 60607
  • Life Insurance

Why choose this provider?

Jos. Cacciatore & Co. Insurance is an insurance agency that provides life insurance to big and small clients in Cicero and surrounding areas since 1906. The agency's life insurance offers different types such as term life, universal life, and whole life insurance. Additionally, it offers other insurance options such as home and health. The team assesses the personal and financial needs of clients and identifies the appropriate level of coverage. The agency is family-owned and identifies as a women-business enterprise.

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 (39)
Google
4.9 / 5 (17)
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

Frequently Asked Questions

  • Will the life insurance policy be protected if the insurer in Cicero fails?

    Residents of Cicero who purchase life insurance from licensed companies are protected even if the company goes bankrupt. Insurers must be members of the Illinois Life and Health Insurance Guaranty Association in order to protect policyholders. The association provides coverage up to certain limits: $300,000 for life insurance death benefits on any single life, regardless of policy count, and $100,000 for life insurance policy net cash surrender and net cash withdrawal values.

  • Can a wife obtain a death benefit from life insurance in Cicero even if the deceased husband's ex-spouse is the designated beneficiary?

    In Cicero, a wife may be unable to obtain a death benefit from life insurance if the deceased husband's ex-spouse is the designated beneficiary because the court determined that the benefit is only payable to the person named as beneficiary. The courts have determined that terms like the wife of the insured are merely descriptive, so it makes no difference if someone is no longer married to the insured.

  • Can someone borrow against their life insurance policy in Cicero?

    Yes, most Cicero insurers allow policyholders to borrow up to 90-95% of the cash value of their life insurance. Because the insurance uses the cash value as security, the loan is granted immediately without a credit check or lengthy procedures. However, interest will be charged on the loan. The borrower will not be required to repay it to the insurance company within a set timeframe.

  • Does a life insurance policy loan in Cicero impact credit scores?

    Taking out a loan from a life insurance policy in Cicero will not have a negative impact on an individual's credit score. This can be an option for someone looking for alternative sources of funding because it provides a financial avenue that is discrete and separate from the credit history.

  • What happens to the life insurance payouts if the beneficiary in Cicero deliberately kills the insured?

    In accordance with the Illinoi's slayer rules, the beneficiary of a life insurance policy in Cicero will be unable to receive the death benefit if they are proven to have been involved in the murder of the insured person or to have been connected to it in any other way. In these cases, the death benefit will be distributed to the alternative beneficiaries or the insured person's estate by the insurer.

  • 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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