Blog - Illinois Insurance Hotline

Information covered in the Illinois Insurance Hotline blog is intended to provide general information and guidance, and should not be considered legal advice.


Borrowing against a life insurance policy

Mar 18, 2020, 10:31 AM

Term life policies do not have this option. Permanent life policies typically have a borrowing feature, but there are risks involved. A life insurance agent can verify what type of coverage you have and discuss borrowing terms if applicable. Click on the link to learn more.

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Does auto insurance have a late payment grace period?

Mar 11, 2020, 4:15 AM

Auto insurers are not required to offer grace periods or accept premium payment after the premium due date. The company must, however, send the policyholder a written notice identifying the final date of coverage and confirming the reason for cancellation. Nonpayment of premium requires a 10-day notice. Lien holders listed on the policy get a copy of the cancellation notice. Click on the link for more details.

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Stop Driving Distracted!

Mar 4, 2020, 4:21 AM

The chance of a behind-the-wheel mistake increases each time a driver loses focus. Some situations are resolved trouble-free. Others end in serious, sometimes fatal, crashes. Driver distractions jeopardize Illinois roadways and contribute to thousands of accidents each year. Recognize the dangers of distracted driving; be intentional about reducing the risk; encourage others to do the same. Click on the link to learn how to minimize driving distractions.

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Beware of storm-chasing contractors

Feb 28, 2020, 9:12 AM

Unscrupulous contractors often show up in communities hit hard by storms. Illinois' Consumer Protection Against Storm Chasers Act protects citizens from these scam artists. Click on the link to learn more.

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Short-term versus long-term disability insurance

Feb 19, 2020, 9:41 AM

Short- and long-term disability policies provide financial protection when illness or injury prevent covered individuals from working. These products complement each other rather than duplicate benefits. Click on the link to learn more.

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