Illinois Life Insurance
Plan for the future with an Illinois life insurance policy from Excell Benefit Group.
By purchasing Illinois life insurance you’ll be better prepared to provide for your family, even in dire circumstances. Life insurance benefits can be used for a variety of applications, including funeral costs, replacement earnings for lost wages, or even education benefits for children.
Here at Excell Benefit Group, we offer two types of Illinois life insurance: whole and term life insurance. Individuals and families considering these options should know that there are benefits and drawbacks to each type of policy, so it is important to weigh your options and speak to an insurance professional about your needs prior to purchasing life insurance.
Whole life insurance provides insurance for, as the name implies, the entire life of the policy holder. This means that, while you pay more for the policy, it is guaranteed to never expire.
With term life insurance, you are guaranteed a life insurance payout if the death of the policy holder occurs within the term specified in the policy. Because the payout is not guaranteed, though, this policy tends to be a cheaper option than whole life coverage.
If you have any questions or would like to speak to someone about your Illinois life insurance options please feel free to speak with a Excell Benefit Group representative. We are always available, and are looking forward to doing everything we can to earn your business.