Trusted Choice
Get In Touch: (800) 453-3668

Individual Life Insurance Bloomington, IL

individual life insurance policiesProtect your Family & Loved Ones with Life Insurance.

Many people think Life insurance is something that's only necessary for a working spouse. The fact of the matter is life insurance is critical to anyone's life, especially when you have a family.

Who should get a personal life insurance policy?

Life insurance is no less important for the spouse who stays at home, works part-time, or for a single parent. The death benefit can help to pay for a variety of essential services for your family moving forward.

It's recommended that all adults in Bloomington, Illinois carry some life insurance policy. In the case of illness or injury, individuals can be disqualified from ever receiving life insurance again.

I'd Like to Start a Life Insurance Quote!

If your employer in Bloomington-Normal, IL doesn't offer a group life insurance option or you'd like to look into your own, you're in the right place! One of our independent agents would be happy to start a conversation with you.

 

 

The Basics of Personal Life Insurance

↓ Keep reading to learn a little more about what types of policies there are, and how we go about finding you the best policy!↓

 

Mid-America Insurance: Independent agents in IllinoisInsurance in Bloomington, Illinois with Mid-America's Agents

Life insurance can feel like a complicated, overwhelming decision when you start to learn what types of policies there are. Some providers lead customers through a detailed questionnaire or a lengthy phone call. We like to give our customers a broad overview and then meet with them according to their preference.

Deciding on Individual Life Insurance:

We narrow down the choices so you don't have to learn the industry lingo - that's why you've got professionals to help after all! We'll thoroughly explain your policy once you've chosen one. As independent agents, we survey dozens of national providers' offers to find you the best-suited plan for the right price.

Learn What Mid-America Can Do for You:

/ ABOUT US /

More Personal Insurance >>

 

TYPES OF LIFE INSURANCE COVERAGE

Getting covered with individual life insurance at a young age can help ensure you have the coverage later in life. No matter your age, we can help you either start a policy for the first time or change providers for a better premium. Here are the basics:

Term vs. Permanent/Whole Life

Term Life Insurance means that the policy is contained by a time parameter – once the time passes, you will need to apply for a new policy. Permanent or Whole Life Insurance is an indefinite policy that will be in place as long as you live. This is great because it will often lock in your premium payment, keeping your cost low over the course of your life.

Universal & Variable Universal Life

Universal life insurance is a type of Permanent policy that has an added cash account. Your premium is split between coverage for the policy itself as well as tax-deferred account. Over time, you will make interest on this account and in the event of an emergency, you can pull from this reserve to pay for your premium instead. Variable Universal life insurance allows for more flexibility as far as how you invest your cash-value fund.

Begin a Life Insurance Quote

Related Pages:

Continued Reading:

Contact Information

(309) 454-3667
321 Susan Drive, Suite C, Normal, IL 61761

(815) 842-3338
303 West Madison Street, Pontiac, IL 61764

wgray@midamericainsurance.com

Summer Hours (Memorial Day–Labor Day):
Monday–Thursday, 8:00 a.m.–5:00 p.m.
Friday, 8:00 a.m.–12:00 p.m.
Closed Saturday & Sunday

Regular Hours (Labor Day–Memorial Day):
Monday–Friday, 8:00 a.m.–4:30 p.m.
Closed Saturday & Sunday

Connect With Us

BBB