A A A Login Careers Contact Us (800) 437-7355 About Us Products Learning Center Policyowners Agents Become an Agent About Us / Our History Our History Read on to learn more about the Company’s five generations of family leadership, and the milestones achieved along the way. About Us Our History Community Annual Report Careers Recent News First Generation O.L. McCord Second Generation E.A. McCord Third Generation R.A. McCord Fourth Generation Mike McCord Fifth Generation Katie McCord Jenkins Five Generations Strong Illinois Mutual is a company more than 110 years in the making. Our history demonstrates how our adaptability, financial fortitude and growth mindset have helped us remain successful since our beginnings. First Generation: O.L. McCord 1910 O.L. McCord and four others organize a fraternal benefit society, Illinois Woodmen Accident Association in Danville, Illinois. Products sold at the time include: A Series of Accident Insurance Policies Income Protection Insurance Indemnity Loss of Life, Limb, Sight or Time by Accidental Means, and for Loss of Time by Illness 1913 The Company moves to Peoria, Illinois. 1916 The Company reorganizes to a mutual plan and changes its name to Illinois Mutual Casualty Company. 1922 O.L. McCord is named President. Championing Women in the Workplace 1922 Gladys Edwards named Company Secretary and Treasurer – just two years after women won the right to vote in our country. 1934 The Company is the first in the industry to issue a professional women's policy designed for working women. Stability in Crisis Illinois Mutual remained profitable after the Stock Market Crash of 1929. Second Generation: E.A. McCord 1935 E.A. McCord becomes President. Products sold at the time include: A Series of Accident Insurance Policies Income Protection Insurance Travel Accident Policy Athletic Sports Insurance Professional Women’s Policy Four In One Medical Expense Policy Family Group Hospital Policy Non-Occupational Accident Policy 1956 Illinois Mutual introduces Disability Income Insurance to its line of products. 1958 The Company enters the life insurance market by issuing its first life insurance policy to Michel McCord, great-grandson of O.L. McCord. The Company changes its name to Illinois Mutual Life and Casualty. Third Generation: R.A. McCord 1963 R.A. McCord is named President; E.A. McCord becomes Chairman. Products sold at the time include: Major Medical Hospitalization Group Health Group Short/Long Term Disability Insurance Small Group Franchise Cancer and Specific Diseases Life Insurance Embracing Technological Progress Illinois Mutual installed its first mainframe computer (IBM 305 RAMAC) in 1964. 1970 Company introduces Money-Back Disability Insurance. 1979 Illinois Mutual moves into a newly renovated, five-story home office at 300 SW Adams Street in downtown Peoria, Illinois. Fourth Generation: Michel McCord 1983 Michel McCord is named President; R.A. McCord becomes Chairman. Products sold at the time include: Universal Life Insurance Traditional Whole Life Insurance Group Health Money-Back Disability Insurance Group Life Group Short/Long Term Disability Insurance Small Group Franchise HR10 & Small Employer Pension Plans – Fixed Annuities Celebrating A Milestone Success The Company reached $1 billion of in force life premiums in 1983. 1995 The Company changes its name to Illinois Mutual Life Insurance Company and celebrates 85 years in business by unveiling a new corporate identity logo mark and branding. 2003 Illinois Mutual has a milestone year by exceeding $1 billion in admitted assets. Innovating Awareness In 2005, Illinois Mutual began celebrating Disability Insurance Awareness Month (DIAM), an industry-wide event created and launched by future Illinois Mutual President Katie McCord Jenkins. 2007 Illinois Mutual launches a new line of Worksite Insurance products including Short Term Disability Insurance and Accident Insurance. 2008 Illinois Mutual becomes bilingual and launches a successful Hispanic initiative. 2010 Illinois Mutual celebrates its 100th anniversary. Giving Back to Celebrate Success To celebrate its 100th anniversary, Illinois Mutual donated $100,000 along with 100 volunteer hours from Company employees to charitable organizations in the central Illinois community. Fifth Generation: Katie McCord Jenkins 2011 Katie McCord Jenkins is named President. Products now sold at the Company: Life Insurance Disability Insurance Worksite Insurance 2011 Illinois Mutual launches its first online illustration WebApps for Life and DI, allowing agents to do business digitally. 2018 The Company launches a new suite of Term Life insurance products, featuring customizable solutions to meet specific needs. 2019 Illinois Mutual introduces new portfolio of Whole Life Insurance providing five plans and a variety of riders. Disability Insurance guidelines undergo changes meant to expand coverage, allowing more individuals to qualify for coverage who hadn’t before. 2020 Company converts to new application and illustration management system to make the policy application process faster and easier for agents. Illinois Mutual introduces ePolicy delivery to enhance virtual communications for policyowners. Illinois Mutual surpasses $150 million returned to DI policyowners with the Return of Premium Rider. United in Giving 2020 was the 4th year in a row that 100% of Illinois Mutual employees donated to the United Way. Contact Illinois Mutual (800) 437-7355 Send us an email Mon. - Thurs. 7:45 a.m. - 4:30 p.m. CT Fri. 7:45 a.m. - 12:15 p.m. CT 300 SW Adams Peoria, IL 61634 Life Insurance Term Life Return of Premium Term Whole Life Disability Insurance Individual Business Expense Worksite Insurance Term Life Accident Critical Illness Short Term Disability - Individual Short Term Disability - Group Work with Illinois Mutual Become an Agent Careers Privacy | Legal Notice | Secure Message Center Copyright © 2021 by Illinois Mutual {{Term}} {{definition}}