A big part of the working capital that helps Illinois open its doors to families, invest in new projects and grow its workforce comes from long-term investments by life insurers. Our companies have invested $262 billion in Illinois’ economy with agricultural and industrial loans, education bonds, office space mortgages and more. We are here to strengthen communities and families across the Prairie State.
- $198 billion in stocks and bonds that help finance business development and create new jobs
- $35 billion in real estate, loans and other investments
- $29 billion in mortgage loans on farms, residential, and commercial property
Investing in Education
More than $1.2 billion for education loans have come from life insurers for school districts and educational institutions in Chicago, Kane County, New Lenox, Cook County and Sagamon County, representing just some of the ways the life insurance industry helps the state prepare its students for the future.
Investing in Apartments/Multifamily
More than $6 billion in industry financing has helped families and individuals in Decatur, Peoria, Urbana and Chicago obtain mortgages and call Illinois “home.”
Investing in Agriculture
Life insurers have provided more than $1.3 billion in financing for mortgage loans in Springfield, Taylorville, Peoria and throughout the state, helping keep Illinois a leader in agriculture in the United States.
Investing in Industry
Life insurers have invested nearly $3 billion in mortgage loans for industrial development in the state, primarily in Chicago and surrounding areas, helping maintain Illinois as a stalwart of American industry.
Investing in Infrastructure
Life insurers have invested more than $3.4 billion in transportation and utilities in the state – for roads, airports and public transit -- and helping water systems in Chicago, Springfield and more provide families and businesses with clean water.
Investing in Office Space
The life insurance industry is a partner in the state’s business and commercial life, providing loans for office space exceeding $6.4 billion. This includes nearly $30 million in mortgages in Springfield, nearly 12 million in Champaign-Urbana, and more than $6 billion in and around Chicago.