Updated: November 21, 2024
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The top life insurance provider for women and men in Illinois is Nationwide, with a MoneyGeek score of 97. Women and men pay the same estimated monthly cost of $19 for a policy from the insurer.
The most favorable choice for you may vary based on your needs, your circumstances and the policy you choose.
BestLife InsuranceIllinoisBest Life Insurance Companies in Illinois
Why Trust MoneyGeek? We analyzed 1,488 life insurance quotes alongside customer satisfaction, financial stability reports, product offerings and more to determine the best life insurance companies in Illinois.
Coverage costs and company information for life insurance providers were updated in May 2024.
| Nationwide | 1 | 97 |
| GEICO | 2 | 97 |
| Mutual of Omaha | 3 | 96 |
| Protective | 4 | 95 |
| State Farm | 5 | 94 |
| Prudential | 6 | 93 |
| Transamerica | 7 | 93 |
| AAA | 8 | 92 |
| Haven | 9 | 92 |
| American Family Insurance | 10 | 91 |
| Allstate | 11 | 91 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies in Illinois:
Nationwide is the leading provider of life insurance in Illinois for men and women, with a MoneyGeek score of 97 and a monthly premium of $19 for both genders.
The top three companies with the highest MoneyGeek scores are:
Nationwide is the prime choice for the best life insurance provider in Illinois for men. It has a MoneyGeek score of 97 and a monthly premium of approximately $19. The insurer provides outstanding coverage at a reasonable cost.
Pros:
Nationwide is the top-ranked insurer for women in Illinois, with a MoneyGeek score of 97. It offers comprehensive coverage at an affordable monthly premium of approximately $19.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Illinois:
Quotes gathered were for a $250,000 life insurance policy with a 10-year term.
Nationwide is the top provider of the best term life insurance in Illinois for men and women, with a MoneyGeek score of 97 and a monthly premium cost of $16.
These companies earned the highest MoneyGeek scores:
Nationwide is the best choice for term life insurance in Illinois for men and women. It has a MoneyGeek score of 97 and provides coverage at a monthly premium of $16.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies in Illinois:
We did not weigh affordability as we did not collect whole life insurance quotes. The company below has the highest score among the companies that offer whole life insurance policies.
State Farm is the premier provider of the best whole life insurance in Illinois for men and women, with a MoneyGeek score of 99 for both.
The top providers delivering exceptional services in Illinois are:
State Farm is the premier provider for best whole life insurance in Illinois for men and women, with a MoneyGeek score of 99 for both genders. With comprehensive coverage options and stellar financial stability, this company offers clients dependable insurance solutions tailored to their needs.
Pros:
Ensure you're getting the best rate for your life insurance. Compare quotes from top providers to find the most affordable life insurance coverage for your needs.
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies in Illinois:
We did not weigh affordability as we did not collect universal life insurance quotes. The company below has the highest score among the companies that offer universal life insurance policies.
Nationwide is the premier provider of the best universal life insurance in Illinois for men and women, with a MoneyGeek score of 99.
The top providers showcasing the highest MoneyGeek scores are:
Nationwide, with a MoneyGeek score of 99, is the best universal life insurance provider in Illinois, offering unmatched service to customers.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best no-medical-exam life insurance companies in Illinois:
We did not weigh affordability as we did not collect quotes for no-medical-exam life insurance. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams.
Nationwide is the leading provider of the best no-medical-exam life insurance in Illinois for men and women, with a MoneyGeek score of 99.
The providers with the highest MoneyGeek scores are:
Nationwide is the best provider for no-medical-exam life insurance in Illinois for men and women, with a MoneyGeek score of 99.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors in Illinois:
We applied the same weightings as the term life insurance category, but the profile for the quote was adjusted to a 70-year-old.
Nationwide is the top provider with the best term life insurance for seniors in Illinois, with a MoneyGeek score of 98 for men and 97 for women. A policy from Nationwide has a monthly premium cost of $61 for men and $59 for women. Nationwide's high score reflects its affordability, customer satisfaction, process efficiency and financial stability.
| Nationwide | 1 | $61 | 98 |
| GEICO | 2 | $53 | 97 |
| Mutual of Omaha | 3 | $67 | 95 |
| Prudential | 4 | $57 | 95 |
| Protective | 5 | $60 | 95 |
| State Farm | 6 | $116 | 93 |
| AAA | 7 | $78 | 92 |
| Transamerica | 8 | $73 | 92 |
| Allstate | 9 | $87 | 90 |
| Haven | 10 | $115 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Illinois for people who smoke:
The same weightings were applied as the term life insurance category, but we adjusted the persona for the quote to reflect an active smoker.
GEICO is the top provider of the best term life insurance for smokers in Illinois for men, with a MoneyGeek score of 96 and a monthly premium of $51. Prudential is the best provider for women, with a MoneyGeek score of 95 and a monthly premium of $37.
| GEICO | 1 | $51 | 96 |
| Nationwide | 2 | $68 | 96 |
| Prudential | 3 | $50 | 95 |
| Mutual of Omaha | 4 | $65 | 95 |
| State Farm | 5 | $84 | 94 |
| Transamerica | 6 | $63 | 92 |
| AAA | 7 | $70 | 92 |
| Protective | 8 | $89 | 90 |
| Allstate | 9 | $82 | 90 |
| Haven | 10 | $105 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Illinois for young adults:
We applied the same weightings as the term life insurance category; however, the persona for the quote is a 20-year-old.
Nationwide is the premier provider of the best term life insurance for young adults in Illinois, with a MoneyGeek score of 97 for men and women. Its policies cost of roughly $10 per month for men and women. The insurer's top ranking is due to its exceptional satisfaction score and solid marks in affordability, diversity, process and stability.
| Nationwide | 1 | $10 | 97 |
| GEICO | 2 | $8 | 97 |
| Mutual of Omaha | 3 | $10 | 96 |
| Protective | 4 | $8 | 95 |
| Prudential | 5 | $11 | 93 |
| AAA | 6 | $11 | 93 |
| State Farm | 7 | $19 | 93 |
| Transamerica | 8 | $11 | 92 |
| Haven | 9 | $12 | 92 |
| Bestow | 10 | $17 | 89 |
| Allstate | 11 | $16 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies in Illinois:
We applied the same weightings as the term life insurance category; however, the quote was adjusted to reflect a 10-year term with minimum coverage.
Nationwide is the top provider of the best cheap term life insurance in Illinois, with a MoneyGeek score of 97 for women and men. Its monthly premium is a reasonable $16 for both genders. Nationwide's distinction lies in its affordability, dependable customer service and comprehensive coverage, guiding customers toward a financially secure future.
| Nationwide | $16 | 97 |
| GEICO | $13 | 97 |
| Mutual of Omaha | $16 | 96 |
| Protective | $13 | 96 |
| Transamerica | $17 | 94 |
| Prudential | $17 | 93 |
| AAA | $18 | 93 |
| Haven | $21 | 89 |
| State Farm | $30 | 89 |
| Allstate | $24 | 89 |
The average monthly premium for life insurance in Illinois is $60 for women and $74 for men. Various factors affect the average cost of life insurance, such as age, coverage amount, term length and health profile. Additionally, lifestyle choices such as smoking can significantly impact costs.
Consider these figures when looking for life insurance to ensure you get sufficient coverage at a cost that fits your budget.
The top-rated life insurance in Illinois for men is provided by Nationwide.
The cost of life insurance in Illinois for men is influenced by factors like age, health and coverage needs. Nationwide, which provides the best life insurance, has a competitive monthly premium of approximately $19.
The best life insurance in Illinois for women is offered by Nationwide.
The price of life insurance for women in Illinois depends on factors such as age, health and amount of coverage. Nationwide offers the best life insurance, with an average monthly premium of $19.
About Mark Fitzpatrick
Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.
Mark earned a master's degree in Economics and International Relations from Johns Hopkins University and a bachelor's degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.
