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Financial Institutions/Automobile Dealerships

Partner with Pekin Insurance

Since 1969, Pekin Life Insurance Company has provided valuable products and services to communities throughout the Midwest. By providing a high level of service and a diverse product line, a network of financial institutions and auto dealerships now represent Pekin Life Insurance Company.

We are an economy driven by consumer spending and the need for insurance protection is greater than ever.

  • Only 44% of U.S. households have individual life insurance, and 30% have no life insurance coverage. (LIMRA 2010)
  • 1/2 of U.S. households say they need more life insurance – the highest level ever. (LIMRA 2010)
  • 1 in 4 U.S. households rely only on employer-provided group life insurance to provide financial protection if a wage-earner dies. These households may lose their only life insurance coverage if they become unemployed or have their work hours reduced. (LIMRA 2010)
  • Only 31% of U.S. workers are protected by long term disability insurance. (Bureau of Labor Statistics 2009)
  • 62.1% of all bankruptcies have a medical cause. (American Journal of Medicine 2009)
  • More than 27% of working Americans say they would have trouble supporting themselves financially “immediately” following a disability; nearly 50% would reach that point in 1 month or less, and 74% would face financial trouble within 6 months. (LIFE Foundation May 2009)
  • 99% of disabilities happen outside of work and are not covered by Workers Compensation. (National Safety Council 2010)

Over 81% of individuals who purchase protection on their loans say they buy it so their debt won’t become a burden to their family. Pekin Life Insurance Company has enabled many families throughout the Midwest to protect and keep their cars, homes, and other assets that help maintain and build better standards of living.

“No One’s Debt Should Live After Them Or Ever Become A Burden To Others”

Credit Insurance and Debt Protection – File A Claim

Why Choose Pekin Insurance?

  • Currently servicing over 400 financial institutions and 200 auto dealerships throughout the Midwest
  • Prompt and courteous claim service
  • Monthly service by highly trained field managers
  • Laserization of forms
  • Increased participation through product and sales education and training
  • Management production reports
  • Menu selling approach
  • Competitive compensation programs
  • Local representation through Pekin Insurance’s Independent Agencies

Product Portfolio


Underwritten by Pekin Insurance:

  • Single Premium Credit Insurance
  • Monthly Outstanding Balance Credit Insurance
  • Debt Protection Products & Administration
  • Mortgage Life & Disability Insurance
  • Guaranteed Level Term Life Insurance
  • Simplified Issue/Guaranteed Death Benefit Whole Life Insurance
  • Tax Deferred Annuities

Offered through Pekin Insurance:

  • Guaranteed Asset Protection (GAP)
  • Blanket Lender’s Single Interest Insurance
  • Blanket Mortgage Hazard/Impairment Insurance
  • Collateral Protection Insurance
  • Lender Placed Mortgage Hazard Insurance


Underwritten by Pekin Insurance:

  • Single Premium Credit Insurance

Offered through Pekin Insurance:

  • Guaranteed Asset Protection (GAP)
  • Extended Service Contracts
  • Menu Selling Programs
  • Excess Wear & Tear Lease Protection
  • Paint & Fabric Protection
  • Etch Theft Deterrent
  • Roadside Assistance
  • Tire & Wheel Protection
  • Windshield Protection
  • Door Ding Protection

Call Toll-Free 1-800-322-0160