Wilco Life Insurance Review [2021]

Our Wilco Life Insurance Review will discuss what products you might find from the company and whether it's the right choice for you. However, Wilco Life Insurance Company is challenging to learn about because of its lack of marketing and information available. Wilco and its parent company, CNO Financial Group, may have excellent life insurance products, but it's hard to say for sure.

Ready to compare quick life insurance quotes?

Your life insurance quotes are always free.

 Secured with SHA-256 Encryption

Rachael Brennan has been working in the insurance industry since 2006 when she began working as a licensed insurance representative for 21st Century Insurance, during which time she earned her Property and Casualty license in all 50 states. After several years she expanded her insurance expertise, earning her license in Health and AD&D insurance as well. She has worked for small health in...

Full Bio →

Written by

Benjamin Carr was a licensed insurance agent in Georgia and has two years' experience in life, health, property and casualty coverage. He has worked with State Farm and other risk management firms. He is also a strategic writer and editor with a background in branding, marketing, and quality assurance. He has been in military newsrooms — literally on the frontline of journalism.

Full Bio →

Reviewed by Benji Carr
Former Licensed Life Insurance Agent

UPDATED: Jul 19, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right life insurance coverage choices.

Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance company and cannot guarantee quotes from any single company.

Our life insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.

Quick Facts

  • Wilco Life Insurance Company was founded in 1962 and is owned by CNO Financial Group.
  • While Wilco lacks ratings from industry experts, CNO has an A- rating from the BBB and a bbb- long-term issuer credit rating from A.M. Best.
  • Wilco does not seem to make information about the company or its products available online.

Wilco Life Insurance Company is owned by CNO Financial Group, but we had a difficult time finding information about the company. Our Wilco life insurance review covers some basic information regarding the products you might be able to find from Wilco, such as term life insurance.

To compare life insurance quotes from companies in your area, enter your ZIP code into our free quote comparison tool above.

What is Wilco Life Insurance?

It’s fairly difficult to find information about Wilco Life Insurance Company online. What we do know is that it was founded in 1962 and that it is owned by CNO Financial.

It is headquartered in Carmel, IN, and there are approximately 190 employees across its locations. They generate around $127 million in sales.

Your life insurance quotes are always free.

 Secured with SHA-256 Encryption

What life insurance products do they offer?

We couldn’t find a Wilco Life Insurance Company website or any other website that listed Wilco’s products. Therefore, all we can tell you is that you might be able to get some of the basic life insurance offerings.

Wilco offerings might include term life insurance and whole life insurance. It may also offer some other smaller life insurance policies, such as final expense insurance.

Term life insurance is a type of policy that gives coverage for a set amount of time, generally ranging between 10 and 30 years. You pay your term life insurance premium, you will receive a death benefit. Some term life insurance policies can be converted to a permanent policy.

Whole life insurance is a permanent life insurance policy, meaning it will last as long as you pay your premium or until you reach the maximum age, which is usually around age 121. Whole life insurance policies may offer a cash value that you can borrow against, almost like a loan.

Final expense insurance offers enough coverage to cover final expenses, such as burial and funeral costs. While these policies are generally more affordable, they will not offer long-term financial protection for your family.

Ready to compare quick life insurance quotes?

Your life insurance quotes are always free.

 Secured with SHA-256 Encryption

How much is Wilco life insurance?

Again, we could not find any specific information regarding Wilco’s life insurance rates. However, we can give you a look at some of the average life insurance rates.

The average rates for term life insurance are:

Average Monthly 20-Year Term Life Insurance Rates by Age and Gender
Term Life Insurance Policyholder Age$100,000: Male Average Term Life Monthly Rates$100,000: Female Average Term Life Monthly Rates$250,000: Male Average Term Life Monthly Rates$250,000: Female Average Term Life Monthly Rates$500,000: Male Average Term Life Monthly Rates$500,000: Female Average Term Life Monthly Rates
Get Your Rates Quote Now

Compare RatesStart Now →

The average rates for whole life insurance are:

Average Monthly Whole Life Insurance Rates by Age & Gender
Policyholder Age$100,000: Male Average Monthly Rates$100,000: Female Average Monthly Rates$250,000: Male Average Monthly Rates$250,000: Female Average Monthly Rates$500,000: Male Average Monthly Rates$500,000: Female Average Monthly Rates
Get Your Rates Quote Now

Compare RatesStart Now →

The average rates for final expense insurance are:

Average Monthly Final Expense Life Insurance Rates by Gender: $10,000 Policy
Policyholder Age$10,000 Policy: Male Average Monthly Rates$10,000 Policy: Female Average Monthly Rates
Get Your Rates Quote Now

Compare RatesStart Now →

You should keep in mind that your rates will depend on many factors including your age, gender, health, location, and more.

Are Wilco Life Insurance Company ratings positive?

Wilco Life Insurance Company does not have a BBB rating. Its parent company, CNO Financial, has a BBB rating of A-. It has 5 customer complaints in the last year and a 1/5 star rating.

Wilco also does not have a financial strength rating from A.M. Best. CNO Financial’s long-term issuer credit rating from A.M. Best is bbb-, which means it has a good ability to meet its long-term debt obligations.

Wilco Life Insurance doesn’t appear to have an NAIC number anymore.

One of CNO Financial Group’s primary subsidiaries, Bankers Life, is registered with the NAIC under the name of Bankers Conseco (Conseco being a company that CNO sold in 2014).

Bankers Conseco has a 1.59 complaint index, which is significantly higher than the national median of 1.00, meaning it gets more complaints than other companies of a similar size.

Your life insurance quotes are always free.

 Secured with SHA-256 Encryption

How can I get a quote or file a life insurance claim?

Wilco life insurance quotes seem hard to come by. Since we couldn’t find a website for them, we didn’t find any way to receive quotes online. You may be able to get a quote by calling (317) 817-6100 or finding an agent who sells Wilco insurance products.

We also could not find any information on how to file a claim with the company. Again, we recommend calling the phone number above to speaking with your insurance agent.

How can I contact Wilco?

You can contact Wilco by calling the Wilco life insurance customer service phone number at (317) 817-6100.

The company is located at 11825 Pennsylvania Street, Carmel, IN 46032.

Should I buy Wilco life insurance?

Since we could find so little information about Wilco, we have a hard time making a recommendation on whether or not to buy. The company may offer great products with great rates, but we can’t know for sure.

Because of the lack of information, we lean toward this not being a completely reputable company or one that makes happy customers. It is important to do thorough research before choosing a life insurance company, so one you can’t research might not be the best choice.

If you need help finding affordable life insurance near you, enter your ZIP code into our free quote comparison tool below.

Ready to compare quick life insurance quotes?

Your life insurance quotes are always free.

 Secured with SHA-256 Encryption

QuickQuote is a BBB Accredited Business. BBB