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 $272 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.
- $205 billion in stocks and bonds that help finance business development and create new jobs
- $38 billion in real estate, loans and other investments
- $28 billion in mortgage loans on farms, residential, and commercial property
Investing in Education
More than $1.2 billion in financing for education loans have come from
life insurers for school districts and educational institutions in Chicago,
Kane County, New Lenox, Cook County and Sangamon 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 $6.2 billion in industry financing for apartments and
multifamily units has helped families and individuals in Decatur,
Peoria, Urbana and Chicago call Illinois “home.”
Investing in Agriculture
Life insurers have provided $1.4 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 $4 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 financing for loans for office space
exceeding $6.1 billion. This includes mortgages in Springfield,
Champaign-Urbana, Chicago, Rockford, and other towns and cities
across the state.