A: Yes, we offer a Long Term Care Rider that can be purchased as part of our Universal Life Insurance policy. This benefit allows the insured to select a portion of the death benefit to pay for long-term care expenses, including nursing home, assisted living, adult day care, or home health care costs. When benefits are paid, the death benefits afforded by the policy, cash values, surrender charges, and loans are all reduced proportionate to the benefit paid.

A: Pekin Life Insurance Company offers a 20-Year Return of Premium policy which does just that. Premiums are guaranteed for a full 20 years. At the end of 20 years, an endowment benefit equal to the sum of annual premiums is paid back to you and coverage ends.

A: Pekin Life Insurance Company operates through our independent agencies. For this reason, and for your protection, we urge you to contact your agent directly first for questions or to make any policy changes. If your agent cannot answer your questions, you can call in and speak directly to our Policy Service or Claim Department at 1-800-322-0160.

A: Yes, we offer two different term life insurance plans for children under age 18. Our Econo Term policy is a yearly renewable term life insurance policy to age 65 and our Protégé policy is a children’s single premium term life insurance plan offered in $5,000 incremental amounts up to $25,000.

A: Yes, we offer a Simplified Issue Whole Life insurance policy issued from $2,000 – $50,000. It is a fully guaranteed traditional whole life insurance policy with three premium options. Simplified underwriting does not require any type of medical exam. Pekin Life Insurance Company also offers a variety of products through our funeral home partners designed to meet your preplanning needs.

A: Pekin Life Insurance Company makes it easy to determine how much life insurance you need with our Life Insurance Needs Calculator.