Tailored for You

2024 Annual Report

At Illinois Mutual, we are here to serve the unique needs of our policyowners, agents and employees. Our products and customer service are truly tailored for you.

Elisa and Daniel Gordon
There's a policy for every situation. And, that's what we love about Illinois Mutual!
Elisa Gordon, Agent View the Gordons' Story
Sandy Davis and Dale Cecil
Ryan Krueger
Life insurance is very important, especially if you have young children. My husband passed away 6 years ago, and my life would probably be very different if he had not invested in life insurance.
Sandy Davis, Policyowner View Sandy's Story
Every policyowner matters at Illinois Mutual.
Ryan Krueger, Agent View Ryan's Story
Kenny Jones
I love that they check in. They see how business is going, and always ask: Is there anything I can do to assist your business and help you grow?
Kenny Jones, Agent View Kenny's Story

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President’s Message

As I reflect on 2024, I am proud of our achievements, which reflect our commitment to agents and policyowners, as well as our employees. In fact, we maintained our status as a Great Place to Work® for the fourth consecutive year, highlighting our core values of integrity, selflessness, and teamwork.

A key milestone this year was the development of Simplified Issue Disability Income Insurance (SIDI), designed to meet the needs of hardworking Americans with a streamlined application and fast underwriting. Our agents continued to drive success in life and worksite insurance, reinforcing the value of our products for their clients’ financial security. We also enhanced our digital tools, modernizing our My Policy and Agent Portals.

I deeply appreciate the loyalty and trust of our policyowners and agents. As we look forward, we remain focused on our core mission: to help people achieve and safeguard their financial security. I’m proud of all we achieved together, and I’m confident that the best is yet to come.

Image of Illinois Mutual CEO Katie Jenkins
Katie M. Jenkins

Katie M. Jenkins
President & Chairperson

2024 Highlights

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We worked hard to develop a simple and affordable product that offers paycheck protection in the event of a disabling illness or injury that prevents the policyowner from working. Simplified Issue DI launched successfully in January of 2025.

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Nine out of ten employees said that Illinois Mutual was a Great Place to Work® in 2024.* That makes four years in a row—and counting!

*Source: 2024 Great Place to Work Illinois Mutual Trust Index survey.

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We made beneficial enhancements to the My Policy portal that now offers a new and improved user experience for our policyowners.

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We debuted a sleek, modernized and more user-friendly Agent Portal, improving the user experience for our agents.

Tailored for Growth & Development

Illinois Mutual is committed to building strong, lasting relationships with our agents, offering continuous support and resources to help you thrive. We prioritize business development by providing comprehensive training to ensure you have the sales strategies and product needed to provide exceptional service, tailored to meet the unique needs of each policyowner.

I love that they check in. They see how business is going, and always ask: Is there anything I can do to assist your business and help you grow?
Illinois Mutual AgentKenny Jones, Clayton, NC

Kenny Jones

There’s a policy for every situation. And, that’s what we love about Illinois Mutual!
Illinois Mutual AgentElisa Gordon, Carmel, IN

Elisa and Daniel Gordon

Tailored for Your Financial Goals

Illinois Mutual offers a wide range of products with flexible plans to complement our policyholders' personal and financial goals. Whether the need is for life insurance, disability insurance, or worksite insurance, we have built our business on honesty, quality service, fiscal responsibility, and genuine respect for every individual at every contact point. We are committed to providing exceptional customer service, agent support, and product innovation to ensure that the people we serve from all walks of life are always well cared for.

Tailored for Families

Life insurance is essential for families. Getting coverage for your family is a selfless act that helps ensure your loved ones can maintain their current lifestyle without the burden of financial hardship if the unexpected happens. Illinois Mutual tailors the products we develop with families in mind, offering personalized solutions for the unique needs and life stages of all who count on us.

Life insurance is very important, especially if you have young children. My husband passed away 6 years ago, and my life would probably be very different if he had not invested in life insurance.
Illinois Mutual PolicyownerSandy Davis, High Point, NC

Sandy Davis

Life insurance is peace of mind. In the event something happens to you prematurely, your family’s lifestyle does not have to change.
Illinois Mutual AgentDale Cecil, High Point, NC

Dale Cecil

Tailored for Peace of Mind

Life insurance helps provide peace of mind that your loved ones’ future is secure. Our agents are dedicated to providing our policyowners with this peace of mind by taking the time to understand their unique needs and tailoring solutions to fit your priorities. Policyowners can rest assured, knowing they have the right protection.

Tailored for Income Protection

Our agents are committed to connecting customers with the disability income insurance (DI) that will afford them peace of mind in the event of a disabling illness or injury that prevents them from working. Illinois Mutual’s products are tailored to meet the unique needs and circumstances of each policyowner, with a wide range of occupations eligible for income protection.

My first DI policy I ever wrote was on myself when I was 25 years old, with Illinois Mutual.
Illinois Mutual AgentBob Isaacson, Holdrege, NE

Bob Isaacson

Tailored for the Future

At Illinois Mutual, the financial security of our policyowners is our top priority. Our return of premium (ROP) options are a win-win situation for clients who are looking to safeguard their income or provide for their families and receive money back for the premium paid less any benefits received. This is one of the many ways we tailor our products to meet the needs of our policyowners.

Tailored for Employees’ Needs

You never know when the unexpected may strike. But when it does, worksite voluntary benefits can make a world of difference for your employees. At Illinois Mutual, we are dedicated to providing quality voluntary worksite benefits to employees at no direct cost to the employer.

Every policyowner matters at Illinois Mutual.
Illinois Mutual AgentRyan Krueger, Wausau, WI

Ryan Krueger

By offering these benefits, employees have the coverage they need to protect their family.
Illinois Mutual AgentTony Roach, Des Moines, IA

Tony Roach

Tailored for Small Businesses

Illinois Mutual proudly supports the middle market, small businesses, and your employees.As a business owner, your business can confidently commit to the well-being of your employees by offering our line of voluntary benefit options.

Tailored for Teamwork

At Illinois Mutual, we foster a culture where integrity and selflessness are prioritized, and we uphold an environment where employees genuinely care about making a difference in the lives of those we serve. Whether it’s collaborating with one another or serving our policyowners, we look for opportunities to make a personal connection.

Community Involvement

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At Illinois Mutual, we believe in the power of community and the importance of giving back. In 2024, our employees consistently exemplified their dedication to our community.

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Employees raised money for the Heart of Illinois United Way, participated in Whitney's Walk for Suicide Prevention & Awareness, donated to FamilyCore and much more.

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We remain committed to making a positive impact on the Greater Peoria Community and beyond. Learn more about our community involvement.

2024 Financial Report

Our 2024 Financial Report reflects our commitment to transparency and reliability, showcasing our financial strength and dedication to being there for our policyowners when they need us the most.

Download Report
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58% increase in surplus over the past 10 years

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13.5% increase in assets over the past 10 years

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1.55 billion dollars in assets as of 12/31/24

Board of Directors

  • Katie M. Jenkins
  • William Fulton
  • Thomas P. Jenkins
  • Judith K. McCord
  • Melissa McCord
  • Deborah Simon

Officers and Executives

  • Katie M. Jenkins President & Chairperson
  • Jeffrey D. Brownell Vice President
  • Erin K. Callahan Vice President
  • Lisa L. Hanson Vice President
  • Greg R. Johnson Vice President
  • Elizabeth A. Martin Vice President
  • Richard J. Tarkowski Vice President
  • Emily H. Wilburn Vice President
  • Bernessa M. Wilson Vice President
  • Aaron T. Ziegler Vice President & Chief Actuary
  • Brooke A. Ballance Assistant Vice President
  • Eliot E. Forrest Assistant Vice President
  • Ellen J. Gorman Assistant Vice President
  • Andrew S. Hynes Assistant Vice President
  • John A. LaFollette Assistant Vice President
  • Heather J. Russo Assistant Vice President
  • Jennifer E. Schulze Assistant Vice President
  • Paul J. Toman Assistant Vice President