Chicago Insurance Professionals
Independent Insurance Agency providing personal and commercial insurance throughout Illinois, Indiana, Michigan, and Wisconsin.
Chicago Insurance Professionals’ experienced producers and agents can help identify your insurance needs, whether personal, commercial or financial, and then offer the most appropriate amount and type of insurance coverage. Chicago Insurance Professionals will be able to manage all of your policies across several companies in order to produce the best coverage for the money. One point of contact, on-line policy management and a trusted insurance advisor can make a person or business whole again.
A Life Insurance policy headed for $0… Turned Into $2.35M
Many life insurance policies no longer serve the purpose they were originally designed for—but too often, they’re surrendered or allowed to lapse without a secondary-market review.
Here’s a recent case that highlights why a review matters:
Policy Overview:
$7.5M GUL
Insured: 79-Year-Old Male (Healthy)
Carrier: AIG
Policy Type: Guaranteed Universal Life
Purpose: Estate Planning (No Longer Needed)
The Situation
Premium to age 105: ~$200,000/year
Cash value had been used to pay the premium and left near $0
Client no longer needed the coverage
Final Result:
Settlement Offer: $2,350,000
If you are someone you know is facing higher life insurance premiums or has a policy they no longer need, please give us a call.
10/31/2025
Power outages can be a major inconvenience. Consider these reasons if you're thinking about purchasing a home generator of your own.
08/12/2025
Before filing a claim, an insured can speak with a Travelers Loss Consultant so they can make an informed decision about whether to file a claim. We help you make informed decisions about whether to file a claim: the Travelers advantage.
08/05/2025
Investing in a home generator can help make losing power more bearable. There are a variety of types and sizes. Consider these reasons if you’re thinking of purchasing one. Learn more.
08/04/2025
Portable generators can offer temporary power, but there can be dangerous risks if they’re not used properly. Follow these guidelines for safe generator use. Learn more.
07/29/2025
Kick off summer with the knowledge that your home is in good shape. It’s good practice to review your home both inside and out for any damage that may have occurred over the winter and spring months. Learn more about summer maintenance tips from Travelers.
07/28/2025
Trees can enhance your property, provide shade and offer abundant environmental benefits. But did you know they can also pose safety risks if not properly inspected and maintained? Learn more.
Click here to claim your Sponsored Listing.
Category
Contact the business
Telephone
Address
205 N Michigan Avenue Ste 810
Chicago, IL
60601