LIFE INSURANCE IN ILLINOIS

Illinois Life Insurance
Coverage

From the Chicago metro area to communities downstate, Illinois families need life insurance that fits their budget and covers real costs.

Large Diverse Population Major Metro Areas 25+ Carriers Available
$9,000
Average Funeral Cost
$250K
Median Home Price
7%
Residents Uninsured
25+
Carriers Available

COVERAGE IN THE PRAIRIE STATE

Life Insurance in Illinois

Illinois is home to nearly 13 million residents, with major cities including Chicago, Aurora, and Naperville. With a median household income around $72,000 and a wide range of housing costs from Chicago to rural downstate communities, many Illinois families carry mortgage obligations and want to protect their loved ones from financial hardship.

The average funeral and burial cost in Illinois is approximately $9,000. Without proper coverage, these costs fall directly on surviving family members. Final expense insurance provides a straightforward way to ensure your family is never left with that burden.

Illinois has one of the most diverse economies in the Midwest, but funeral costs averaging $9,000 remain a burden for many families. With a state income tax that adds to the overall tax load, IUL policies offer a tax-advantaged way to build wealth while maintaining life insurance protection.

COST COMPARISON

How Illinois Compares to National Averages

Average Funeral Cost
National
$8,300
Illinois
$9,000
Median Home Price
National
$420,000
Illinois
$250,000
Avg. Monthly Life Insurance Premium
National
$50
Illinois
$47

OUR CARRIER PARTNERS

Top Carriers in Illinois

Asurgo works with 25+ top-rated insurance carriers to find you the best coverage at the lowest rate. Here are some of the carriers available to Illinois residents.

Transamerica Mutual of Omaha AIG Aetna Americo Foresters Financial F&G National Life Group Royal Neighbors Gerber Life Lafayette Life Aflac

Carrier availability varies by individual health factors and coverage type.

FREQUENTLY ASKED QUESTIONS

Illinois Life Insurance FAQ

How much does final expense insurance cost in Illinois?
Most Illinois residents pay between $25 and $70 per month for final expense insurance, depending on age, health, and coverage amount. Policies typically range from $5,000 to $50,000. Asurgo shops 25+ carriers to find the lowest rate for your situation.
Do I need a medical exam for life insurance in Illinois?
Not always. Many final expense and mortgage protection plans require no medical exam. You answer a few health questions, and coverage can be approved the same day. Larger policies may require underwriting.
What is the average funeral cost in Illinois?
The average funeral and burial cost in Illinois is approximately $9,000, which includes the service, casket, burial plot, and headstone. Costs can vary significantly depending on the city and type of service chosen.
Does Asurgo offer mortgage protection in Illinois?
Yes. Asurgo offers mortgage protection insurance in Illinois through multiple carriers. Coverage is designed to pay off or reduce your mortgage balance if you pass away, become disabled, or are diagnosed with a critical illness.
How does Illinois' state income tax affect life insurance planning?
Illinois levies a flat state income tax, which makes tax-advantaged products like IUL more attractive. IUL cash value grows tax-deferred and can be accessed tax-free through policy loans, providing an additional layer of tax efficiency for Illinois residents.

GET STARTED

Get Your Free Illinois Life Insurance Quote

We shop 25+ carriers so you don't have to. Same-day quotes. No obligation.