SuperMoney
  American Family Life Insurance
American Family Life Insurance
in Life Insurance from American Family
Unaffiliated

American Family Life Insurance

Unaffiliated
in Life Insurance from American Family
Net Recommendation Score -75  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -75, equating to 1.5 on a 5 point rating scale.

-75

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Rating not yet determined  

Cast your vote

Would you recommend American Family Life Insurance to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Community Rating

Rating not yet determined  

Term Life Death Benefit Range N/A
Term Options
  • Level Term
  • Term Life
Financial Strength Rating A

American Family Life Insurance Review

American Family life insurance Pros & Cons

Pros Cons
  • Offers life insurance policies that don't require medical exams.
  • Life policy terms of up to 30 years.
  • Strong financial rating
  • Only available in 19 states..
  • Does not offer a wide selection of life insurance policy types.

American Family is a life insurance carrier based in Madison, WI. The company was founded in 1927 and offers life insurance products in 19 states in the USA.

American Family life insurance FAQ

What types of life insurance products does American Family offer?

Life insurance companies typically offer a wide variety of life insurance options. One of the best ways to save money on life insurance products is to avoid unnecessary coverage. Only purchase life insurance policies and riders you actually need.

Here is a brief description of life insurance options American Family offers.

  • Term Life Insurance - This is the simplest type of life insurance policy. Term life insurance policies are payable if the insured person dies within a specific period of time, such as 5, 10, or 30 years. American Family life insurance offers term lengths ranging from 10 to 30 years.
  • Level Term Life Insurance - These are term life insurance policies that have the same fixed premium and payment amount through the duration of the life insurance policy.
  • Whole Life Insurance - Whole life insurance policies remain in force for the policyholder's entire life, provided premiums are paid. They have a tax deferred cash value, meaning the cash value will not be taxed until funds are withdrawn.

As well as the basic coverage mentioned above, American Family Life Insurance also offers the following features:

  • Final Expense - Even bare-bones funerals can cost thousands of dollars. These whole life insurance policies, also known as burial insurance, cover funeral and burial costs.

What is SuperMoney's financial rating of American Family?

The financial strength rating of life insurance companies scores its ability to pay contracts and life insurance policies. SuperMoney gives American Family an A or excellent, which is SuperMoney's second highest available score for life insurance companies.

SuperMoney's financial strength rating is primarily based on the average score from independent insurance rating agencies.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 19 states
  • Arizona
  • Colorado
  • Georgia
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Minnesota
  • Missouri
  • Nebraska
  • Nevada
  • North Dakota
  • Ohio
  • Oregon
  • South Dakota
  • Utah
  • Washington
  • Wisconsin

Feature Breakdown

Financial Strength Rating A
Life Insurance Features
  • No Medical Exam Policies
  • Online Quotes
  • Cash Value Loans
Term Length 10 - 30
Term Life Age Range 18 - 64
Term Options
  • Level Term
  • Term Life
Whole / Permanent Life Options Whole Life (Traditional)
Whole Life Age Range 0 - 80
Life Insurance Riders
  • Waiver of Premium Due to Illness / Disability
  • Accelerated Death Benefit (Terminal Illnesses)
  • Child Term Rider
  • Cost of Living (Increasing Term)
  • Guaranteed Insurability / Renewability
  • Accidental Death or Dismemberment / Double Indemnity
  • Term Conversion
  • Accelerated Death Benefit (Critical or Chronic Illnesses)
  • Paid-Up Additions
  • Cash Surrender Value

American Family Life Insurance Community Reviews

 

Would you recommend American Family Life Insurance to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -75, equating to 1.5 on a 5 point rating scale.

-75

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

sorted by

Other Life Insurance