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.

Should a retired person without debt cut back on life insurance?

Jul 5, 2017, 6:23 AM

Life insurance provides financial stability for surviving loved ones. Beneficiaries typically use life insurance proceeds to maintain a standard of living, pay debt, fund college, etc. These needs at seem less urgent once the house is paid for, but going without life insurance may be unwise.

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Lightning Safety & Homeowners Insurance - Part 2

Jun 28, 2017, 5:10 AM

Lightning strikes cost homeowners thousands of dollars in property damage each year. Homeowners insurance helps policyholders recover from unexpected loss, but adequate coverage must be in place before an incident occurs.

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Lightning Safety & Homeowners Insurance - Part 1

Jun 21, 2017, 6:39 AM

Lightning occurs throughout the year, but is most common in the summer months when the atmosphere is unstable and moisture is in the air. Strikes can carry 100 million to 1 billion volts of electricity, and cause serious injury or property damage. Be on the lookout for lightning; know how to be safe; and have a plan to protect belongings.

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Is cancer insurance a good idea?

Jun 7, 2017, 4:48 AM

Cancer insurance is not designed to replace comprehensive major medical coverage. These types of policies pay a cash benefit if you develop cancer during the policy period. A variety of insurers offer policies for critical illnesses like cancer, heart attack, stroke, and more.

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