Auto-Owners Life Insurance Review
Auto-Owners Life Insurance is a life insurance carrier based in Lansing, MI. The company was founded in 1916 and offers life insurance products in 26 states in the USA.
Auto-Owners Life Insurance FAQ
What types of life insurance products does Auto-Owners Life Insurance 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 Auto-Owners Life Insurance offers.
- 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 They have a tax deferred cash value, meaning the cash value will not be taxed until funds are withdrawn.
- Universal Life Insurance - This type of universal life insurance policy guarantees a fixed death benefit and an investment account. The cash value of the investment account will vary depending on the portfolio's performance.
What is SuperMoney's financial rating of Auto-Owners Life Insurance?
The financial strength rating of life insurance companies scores its ability to pay contracts and life insurance policies.
SuperMoney gives Auto-Owners Life Insurance
an A+, which is the highest available rating we give to life insurance companies.
SuperMoney's financial strength rating is primarily based on the average score from independent insurance rating agencies.
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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.