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2024

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Best Life Insurance Companies in Champaign, IL

Our Recommended Top 12

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 Champaign 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.

3527Reviewed

2121Curated

12Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

503 South Country Fair Drive, Champaign, IL 61821
WebsiteLicense: 3000567077

Expertise.com Rating

Review Sources

Google
5.0 (7)
Facebook
5.0 (2)

Why choose this provider?

Located in Champaign, Rector Insurance is an independent agency that serves the entire state. It offers term life and whole life insurance plans. It also deals with other personal insurance products, such as homeowners', auto, and umbrella insurance policies. In addition, it provides business property, general liability, and workers' compensation insurance. The company also works with a wide variety of insurance carriers, including Palomar Specialty Insurance Company, American Modern Insurance Group, and Foremost Insurance Group.

  • Life Insurance
  • Health Insurance
  • Whole Life Insurance

108 Lincoln Street, Broadlands, IL 61816
WebsiteLicense: 100288013

Expertise.com Rating

Review Sources

Facebook
5.0 (9)
Google
5.0 (5)

Why choose this provider?

Loman-Ray Insurance Group, LLC is a Broadland-based insurance service provider. This agency provides an extensive range of insurance products for clients in Champaign and the neighboring areas. It offers various life insurance plans, including individual and group life insurance, long-term care insurance, and disability insurance. Additionally, the company offers key person insurance, mortgage protection insurance, and second-to-die policy coverage. The company has multiple office locations and has served clients across Urbana-Champaign for more than four decades.

  • Life Insurance
  • Health Insurance
  • Permanent Life Insurance Policy

1807 South Neil Street, Champaign, IL 61820
WebsiteLicense: 1486472

Expertise.com Rating

Review Sources

Facebook
5.0 (2)

Why choose this provider?

Paul Leahey is an agency owner providing a range of insurance policies to customers in Champaign. He offers insurance coverages for life, heart attack or stroke, intensive care, and supplemental health. Paul is a part of the Globe Life Family Heritage Division. As a member of the said division, he has a focus on helping clients acquire financial protection by delivering insurance products. Paul is committed to working hard without any limitations to achieve financial goals.

  • Life Insurance
  • Health Insurance

2500 Galen Drive, Champaign, IL 61821
WebsiteLicense: 18153467

Expertise.com Rating

Review Sources

Google
4.0 (107)
Facebook
5.0 (21)

Why choose this provider?

Anna Schappaugh is a local State Farm insurance agent servicing the Champaign community. She started working at an early age by delivering papers. Now she offers term, whole, and universal life insurance coverage options to individuals and their families. Schappaugh also assists small businesses, offering life insurance coverage options for different purposes, such as business continuation, employee benefits, and key employee incentives. Moreover, her team specializes in auto, health, and pet insurance.

  • Life Insurance
  • Health Insurance

2002 South Neil Street, Champaign, IL 61820
WebsiteLicense: 100284317

Expertise.com Rating

Review Sources

Google
4.0 (11)
Facebook
4.0 (8)
Yelp
2.5 (3)

Why choose this provider?

Brya Insurance is a family-owned and family-operated independent agency based in Champaign. It serves families and individuals with over 10 life insurance plans, including term life and universal life. It also insures commercial enterprises, providing policies covering liquor liabilities, workers' compensation, and business liabilities. It also has insurance coverages for homeowners, renters, condominiums, and vacant homes, as well as auto insurance for cars, motorcycles, cruisers, and scooters. Brya Insurance is a full-service agency that has been in business since 1955.

  • Life Insurance

1605 South State Street, Champaign, IL 61820
WebsiteLicense: 2160691

Expertise.com Rating

Why choose this provider?

General Risk Advisors, Inc., is a general insurance agency that serves clients in Champaign. It works with independent brokers and agents to assist customers in finding group insurance products that fit their needs and budgets. In addition, the staff writes individual life insurance plans using their insurance knowledge and expertise. Its life insurance coverage is designed to safeguard policyholders' beneficiaries in the event of death. General Risk Advisors strives to ensure that its clients have the right coverage they need to protect their families.

  • Life Insurance

1311 South Neil Street, Champaign, IL 61820

Expertise.com Rating

Review Sources

Facebook
5.0 (8)
Google
5.0 (2)

Why choose this provider?

GTPS Insurance Agency is a life insurance agency that serves Champaign. The firm offers a wide range of term life insurance options, such as level, convertible, renewable, and annual renewable. Some of its other products include workers' compensation and business insurance. A group benefits program is also available. The company is led by Patrick Rouse, an insurance professional who is well-versed in commercial lines insurance. It has been providing insurance solutions to the community since 1997.

  • Life Insurance

2009 Fox Drive, Champaign, IL 61820
WebsiteLicense: 100314796

Expertise.com Rating

Review Sources

Google
4.0 (23)
Facebook
5.0 (3)
Yelp
5.0 (1)

Why choose this provider?

Prairieland Insurance Group, LLC, is a locally owned and operated agency that provides services to businesses, families, and individuals in the Champaign metro. It helps clients acquire life insurance plans that include term, whole, group, and key person coverages. In addition, Prairieland Insurance Group offers second-to-die, disability, mortgage protection, and long-term care insurance. It also deals with home and farm insurance. Owners Steve Henson and Jim Schulze bring more than 45 years of combined experience in the insurance industry.

  • Life Insurance
  • Health Insurance

1713 South State Street, Champaign, IL 61820
WebsiteLicense: 10086580

Expertise.com Rating

Review Sources

Google
5.0 (112)
Facebook
4.0 (20)

Why choose this provider?

Chris Booth is a life insurance agent based in Champaign. He previously worked as a fire claim adjuster and team manager before setting up his own agency under State Farm in 2014. Booth provides his clients with insurance quotes for home, auto, life, and health options. His team also works closely with businesses to find insurance options that match their needs for commercial vehicles, property, and liability coverage. Booth also has experience in handling mutual funds and annuities.

  • Life Insurance
  • Health Insurance

113 South State Street, Monticello, IL 61856
WebsiteLicense: 100302474

Expertise.com Rating

Review Sources

Facebook
5.0 (3)
Yelp
5.0 (1)

Why choose this provider?

Established in 1974, CF & H Insurance Agency, Inc., provides life insurance policies to clients in Champaign and in nearby communities. Its current owner, Linda Carlton-Huber, has been in the industry since 1982 and is a Rotary Member. She and her team can compare and calculate the rates of life insurance plans from carriers like Aetna and Colonial Life. They also educate clients on different policy terms and benefits, from term-life contracts to whole-life programs. Additionally, CF & H can add coverage for medicare and health emergencies.

  • Life Insurance
  • Health Insurance
  • Individual Plans

405 South Division Street, Mahomet, IL 61853
WebsiteLicense: 100282331

Expertise.com Rating

Review Sources

Google
3.0 (2)

Why choose this provider?

Insurance Providers Group is an independent agency with an office located in Champaign. It offers personal insurances such as life, health, homeowner's, automobile. It also works on business insurance matters, including bonds, liabilities, risks, and compensations. The agency also covers specialty programs, namely agribusiness, contractors, and manufacturing. Its insurance professionals encourage clients to review their situation to adjust or further customize their availed policies. Insurance Providers Group has been serving clients for about 25 years.

  • Life Insurance
  • Health Insurance

3109 Tatman Court, Urbana, IL 61802
WebsiteLicense: 100303184

Expertise.com Rating

Review Sources

Google
4.0 (10)
Yelp
5.0 (1)

Why choose this provider?

Sticklen Insurance Agency is an independent insurance agency that has been serving the residents of Champaign for more than 80 years. It provides various life insurance products, such as term life insurance, whole life insurance, variable universal life insurance, and universal life insurance. The other personal insurance products that it offers include homeowners' insurance, renters' insurance, and auto insurance. Sticklen Insurance Agency partners with a wide variety of insurance providers, such as AAA Insurance, Foremost Insurance Group, and Erie Insurance.

  • Life Insurance
  • Health Insurance

Compare our Top Life Insurance Companies

NameExpertise RatingAddressPromotionsLearn more
Rector Insurance
503 South Country Fair Drive, Champaign, IL 61821
Loman-Ray Insurance Group, LLC
108 Lincoln Street, Broadlands, IL 61816
Paul Leahey
1807 South Neil Street, Champaign, IL 61820
Anna Schappaugh
2500 Galen Drive, Champaign, IL 61821
Brya Insurance
2002 South Neil Street, Champaign, IL 61820
General Risk Advisors, Inc.
1605 South State Street, Champaign, IL 61820
GTPS Insurance Agency
1311 South Neil Street, Champaign, IL 61820
Prairieland Insurance Group, LLC
2009 Fox Drive, Champaign, IL 61820
Chris Booth
1713 South State Street, Champaign, IL 61820
CF & H Insurance
113 South State Street, Monticello, IL 61856
Insurance Providers Group
405 South Division Street, Mahomet, IL 61853
Sticklen Insurance Agency
3109 Tatman Court, Urbana, IL 61802

Champaign, IL Life Insurance FAQs

  • Is there a maximum amount of life insurance that public employees in Champaign can purchase?

    Yes, public employees in Champaign have the option to purchase up to five times their yearly earnings or a maximum of $300,000 in optional term life insurance coverage. Note that for spousal coverage, the amount cannot exceed one-half of the employee's coverage or $100,000, whichever is the lesser of the two.

  • Are life insurance policyholders in Champaign allowed to name a contingent beneficiary?

    Yes, individuals with life insurance policies in Champaign can designate a secondary beneficiary. This arrangement ensures that if the primary beneficiary dies before the policyholder, the contingent beneficiary will receive the portion originally allocated to the primary beneficiary. It is advisable for policyholders to maintain the accuracy of their beneficiary designations, especially in the event of significant life changes such as marriage or divorce.

  • What factors must Champaign residents consider when selecting the proper life insurance coverage level for their specific situations?

    Champaign citizens shopping for a life insurance policy must consider affordability. Apart from selecting a plan that aligns with their budgets, it is important to consider the potential uses of insurance policy payouts. These can be used to cover lost income, address long-term care expenses, or fund children's higher education.

  • Is it possible to donate a new or existing life insurance policy to organizations in Champaign?

    Yes, life insurance can be donated to an organization in Champaign. Specifically, Chabad at the University of Illinois and Champaign-Urbana welcomes life insurance contributions from individuals who are committed to supporting Jewish continuity within the region. This arrangement offers advantages to both the contributor and the organization, including the opportunity for an income tax deduction and lowered insurance expenses for younger donors.

  • Can term life insurance policies be converted to a more permanent insurance solution in Champaign?

    Yes, the majority of term life policies can be converted into whole life or universal life insurance in Champaign. Term life is the most straightforward and cost-effective insurance choice, as it offers coverage at a consistent rate for a designated duration. It addresses the financial obligations of the policyholder, and the benefit will only be paid if the insured were to die during the specified term.

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