--- title: Whole Life Insurance | Personal Life Insurance | Concklin Insurance description: Whole Life Insurance | Protect What Matters Most | Decide What Coverage Is Right For You & Those You Love image: https://insurance.concklin.com/hubfs/smiling-european-little-girl-and-elderly-woman-in-2022-10-17-20-37-13-utc-1.jpeg --- [Skip to content](https://insurance.concklin.com/whole-life-insurance#main-content) [facebook-f icon](https://www.facebook.com/ConcklinInsurance) [linkedin-in icon](https://www.linkedin.com/company/concklin-insurance-agency) [Twitter icon](https://twitter.com/ConcklinA) [youtube icon](https://www.youtube.com/channel/UC_HnJQ4S_USSxBJkauXwu6A) [**Contact Our Team**](https://insurance.concklin.com/compare-quotes#CLQuoteRequest) **[630-268-1600](tel:+16302681600)** **[Contact Our Team](https://insurance.concklin.com/compare-quotes#CLQuoteRequest)** **[630-268-1600](tel:+16302681600)** [![Concklin Logo-1](https://insurance.concklin.com/hs-fs/hubfs/Concklin%20Logo-1.png?width=314&height=100&name=Concklin%20Logo-1.png)](https://insurance.concklin.com/) - About Us Show submenu for About Us - [Our Story](https://insurance.concklin.com/about-us-who-we-are) - [Our Team](https://insurance.concklin.com/meet-our-team) - [Contact Us](https://insurance.concklin.com/contact-us) - [Markets & Industries](https://insurance.concklin.com/industry-specific-insurance-programs) - [Business Insurance](https://insurance.concklin.com/business-insurance-coverage) - [Personal Insurance](https://insurance.concklin.com/personal-lines-insurance-coverage) - Life & Health Insurance Show submenu for Life & Health Insurance - [Life Insurance](https://insurance.concklin.com/life-insurance) - [Health Insurance](https://insurance.concklin.com/health-insurance) - Resources Show submenu for Resources - [Claims Resources](https://insurance.concklin.com/claims-resources) - [Cyber Resources](https://insurance.concklin.com/cyber-insurance-resources) - [Blog](https://blog.concklin.com/) - [Video Library](https://blog.concklin.com/video-library) - [Client Portal](https://insurance.concklin.com/client-portal) - [Make A Payment](https://concklin.appliedpay.com/) Open main navigation Close main navigation - About Us Show submenu for About Us - [Our Story](https://insurance.concklin.com/about-us-who-we-are) - [Our Team](https://insurance.concklin.com/meet-our-team) - [Contact Us](https://insurance.concklin.com/contact-us) - [Markets & Industries](https://insurance.concklin.com/industry-specific-insurance-programs) - [Business Insurance](https://insurance.concklin.com/business-insurance-coverage) - [Personal Insurance](https://insurance.concklin.com/personal-lines-insurance-coverage) - Life & Health Insurance Show submenu for Life & Health Insurance - [Life Insurance](https://insurance.concklin.com/life-insurance) - [Health Insurance](https://insurance.concklin.com/health-insurance) - Resources Show submenu for Resources - [Claims Resources](https://insurance.concklin.com/claims-resources) - [Cyber Resources](https://insurance.concklin.com/cyber-insurance-resources) - [Blog](https://blog.concklin.com/) - [Video Library](https://blog.concklin.com/video-library) - [Client Portal](https://insurance.concklin.com/client-portal) - [Make A Payment](https://concklin.appliedpay.com/) --- # Whole Life Insurance Whole life insurance is a type of permanent life insurance that provides coverage for the entirety of the policyholder's life. It is called "whole" life insurance because it covers the policyholder for their entire life, as opposed to term life insurance, which provides coverage for a specific period. - There are several benefits to a whole life insurance policy.  Whole life insurance provides a guaranteed death benefit to the policyholder's beneficiaries. This means that the policy will pay out a predetermined amount to the beneficiaries upon the policyholder's death, regardless of when the death occurs. This can provide financial security and peace of mind to the policyholder and their loved ones. - Whole life insurance accumulates cash value over time. As the policyholder pays premiums, a portion of the money goes into a cash value account, which can grow through interest and other earnings. The policyholder can typically access the cash value through loans or withdrawals, although doing so may reduce the death benefit and the policy's cash value. - Whole life insurance provides stability. The premiums for a whole life insurance policy are typically fixed, which means that the policyholder knows exactly how much they will be paying for coverage each year. This can be beneficial for policyholders who want to budget for their insurance costs and who do not want their premiums to increase over time. Whole life insurance may be useful for policyholders who want permanent life insurance coverage and who want to provide financial security and stability for their loved ones. It may also be a good option for those who want to accumulate cash value over time and who want the option to access that cash value through loans or withdrawals. It is important for policyholders to carefully review the terms and conditions of their whole life insurance policy and to understand the potential risks and benefits of accumulating cash value and accessing it through loans or withdrawals. Policyholders should also consider their financial goals and needs when deciding whether a whole life insurance policy is the right choice for them. Our knowledgeable insurance agents are here to help you find the policy that is right for your unique needs. ### Request More Information ## Talk to a Life Insurance Agent --- ![Kim](https://insurance.concklin.com/hubfs/Headshots/Kim.jpg "Kim") **Kimberley Mondus** Life and Health Benefits Manager [kimberley@concklin.com](mailto:kimberley@concklin.com) In the insurance business since 1989, with almost 30 years in the insurance business, Kimberley Mondus started with John Hancock Insurance in the group health department, processing medical and dental claims, where she then became a claims auditor and trainer. John Hancock group health was then purchased by Wellpoint's Unicare Insurance in 1996 where she continued to audit claims for large companies such as Com Ed and Abbott Labs. In 2000 she moved to the agency side of the business for Group Health and Life and has been there ever since. Kimberley joined the Concklin Insurance Agency family in 2015 and would like to continue to add to her knowledge of insurance with Commercial and Personal lines coverage as well. She is licensed in Life & Health as well as Property & Casualty. ## The Concklin Difference --- Family Owned Small Business We understand small business because we are one. Concklin Insurance Agency was started by Craig Concklin and his father, Tom Concklin in 1981.  We continue to be a family owned, small business to this day. Independent Insurance Agents Concklin Insurance Agency has relationships with over 30 insurance carriers.  This means we have options to make sure you have the coverage you need, at the best value - uninterrupted. Value Added Services We offer a wide range of value added services including our [Client Resource Portal](https://insurance.concklin.com/client-portal) and comprehensive [Training and Learning Solutions Portal.](https://insurance.concklin.com/hubfs/One%20time%20use/ZywaveLearning_ForClient_Course%20List_8_31_20.pdf) Community Involvement We understand the importance of community. Which is why we participate in fund raisers, and donate directly to local and national nonprofits.   Client Advocacy As Trusted Insurance Advisors we are your advocate for all things insurance. We are here to talk about ways to mitigate your losses, provide insights into the insurance market and trends, and ,should a claim occur, we are in your corner every step of the way. Referral Program At the end of every quarter we donate $20 for each referral we receive. If you'd like to learn more about our referral program, or send us a referral -[click here.](https://insurance.concklin.com/referrals) ## Talk to one of our Property & Casualty Experts --- ![Craig Concklin](https://insurance.concklin.com/hubfs/Headshots/Craig%20Concklin-1.jpeg "Craig Concklin") ### Craig Concklin [craig@concklin.com](mailto:craig@concklin.com) ##### President [See My Bio](https://insurance.concklin.com/craig-concklin) ![Michael Mormando-1](https://insurance.concklin.com/hs-fs/hubfs/Headshots/Michael%20Mormando-1.jpeg?width=200&height=200&name=Michael%20Mormando-1.jpeg "Michael Mormando-1") ### Michael Mormando [michael@concklin.com](mailto:michael@concklin.com) ##### Agent/Producer [See My Bio](https://insurance.concklin.com/michael-mormando) ![Mike O 2020 website](https://insurance.concklin.com/hs-fs/hubfs/Mike%20O%202020%20website.jpeg?width=200&height=200&name=Mike%20O%202020%20website.jpeg "Mike O 2020 website") ### Michael O'Donnell [mikeo@concklin.com](mailto:mikeo@concklin.com) ##### Agent/Producer [See My Bio](https://insurance.concklin.com/the-right-insurance-with-mike-odonnell-business-and-personal)   ![Christine Lee Headshot 2021 website-1](https://insurance.concklin.com/hs-fs/hubfs/Christine%20Lee%20Headshot%202021%20website-1.jpeg?width=200&height=200&name=Christine%20Lee%20Headshot%202021%20website-1.jpeg "Christine Lee Headshot 2021 website-1") ### Christine Lee [christine.lee@concklin.com](mailto:christine.lee@concklin.com) ##### Agent/Produce [See My Bio](https://insurance.concklin.com/christine-lee) ![Peter 2](https://insurance.concklin.com/hs-fs/hubfs/Peter%202.jpeg?width=200&height=200&name=Peter%202.jpeg "Peter 2") ### Peter Mormando [peter@concklin.com](mailto:peter@concklin.com) ##### Agent/Producer [See My Bio](https://insurance.concklin.com/the-right-insurance-with-peter-mormando-business-and-personal) ## Additional Resources --- ### [Client Portal](https://insurance.concklin.com/client-portal) [![Client Portal](https://insurance.concklin.com/hubfs/Client%20Portal.png "Client Portal")](https://insurance.concklin.com/client-portal) We’ve partnered with a reputable company called Zywave to provide this portal. All the content is written by their team of experienced attorneys and professional writers, so you never have to worry about validating information again. Get to know some of the areas of your portal and how its resources can make your day easier. Receive emails announcing new content tailored to your industry, state and preferences as often as you like. And if you have any questions—at any time—feel free to contact your Concklin Insurance Agency representative. ### [Client Advocacy](https://insurance.concklin.com/client-advocacy) [![consulting-with-colleague-2021-09-24-03-40-08-utc](https://insurance.concklin.com/hubfs/consulting-with-colleague-2021-09-24-03-40-08-utc.jpg "consulting-with-colleague-2021-09-24-03-40-08-utc")](https://insurance.concklin.com/client-advocacy) Independent Agents act more like Trusted Advisors. We have your best interests in mind, even after coverage is bound. Like a Trusted Advisor, Independent Agents are your advocate if a claim should occur. Being in your corner means being there every step of the way, from helping you decide if a claim should be filed to talking with claims auditors and adjusters, the wellbeing of our clients is our number one priority. ### [The Concklin Blog](https://blog.concklin.com) Each month we discuss ways you can better equip yourself to handle your risks and exposures.  We bring insights into safety and risk management, answer questions about coverage, and discuss topic relevant to helping you understand your exposures and avoid coverage gaps. We post on average twice per month, with one topic focused on Personal coverage and another topic focused on Commercial & Businesses. 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MISSTATEMENTS OR OMISSIONS OF RELEVANT INFORMATION CAN LEAD TO PRICE VARIATION OR EVEN DECLINATION OR RESCISSION OF COVERAGE. NONE OF THE INFORMATION PROVIDED ON THIS WEBSITE IS A GUARANTEE THAT INSURANCE WILL BE PROVIDED OR THAT CONCKLIN INSURANCE AGENCY IS OBLIGATED TO PROCURE INSURANCE FOR ANY WEBSITE VISITORS. 240 S. WESTMORE MEYERS ROAD, LOMBARD IL 60148 630-268-1600 | [CONCKLIN@CONCKLIN.COM](mailto:concklin@concklin.com) [Privacy Policy](https://insurance.concklin.com/privacy-policy) Copyright © 2026, Concklin Insurance Agency ```json { "@context" : "https://schema.org", "@id" : "https://insurance.concklin.com/#organization", "@type" : [ "Organization", "LocalBusiness", "InsuranceAgency" ], "address" : { "@type" : "PostalAddress", "addressCountry" : "US", "addressLocality" : "Lombard", "addressRegion" : "IL", "postalCode" : "60148", "streetAddress" : "240 S. 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