Assurity Life Insurance Review

Here’s our Assurity Life Insurance Review for you. While Assurity Life Insurance does not publish its prices on its website, the company does not differ from the rest. However, if you smoke, are over the age of 50, or have a major medical condition, you’ll pay extra for insurance.

Pros and Cons of Assurity Life Insurance

Assurity Life Insurance Review - Assurity Logo

Pros

  • Exam policy of no examination
  • Life insurance policies that cover the entire person
  • Service that is tailored to each customer’s needs
  • Possibility of receiving dividends
  • A substantial amount of money

Cons

  • No online quotes
  • Short customer service window

How to get a quote from Assurity life insurance

The site of Assurity does not permit the use of online quotations. Here’s how to get in touch with a representative:

  1. Phone. 800-869-0355
  2. Email. salesrequests@assurity.com.

What types of life insurance coverage does Assurity offer?

In its LifeScape product line, Assurity offers both term and permanent coverage.

  • Term life insurance. Available in increments of 10, 15, 20, or 30, this policy’s coverage limits range anywhere from $25,000 and $10 million. For those who qualify, Assurity offers a medical exam-free fast underwriting alternative.
  • Whole life insurance. Standard whole life insurance policies from Assurity have the possibility of earning dividends on the company’s earnings, while joint whole life insurance policies cover two persons. Both of these policies are available from Assurity. To make things easier, you may pay for your full insurance up front if you desire.
  • Universal life insurance. This insurance provides coverage for the rest of your life and increases in value over time. Additionally, the premiums are adjustable, and the death benefit is included.

What riders can I add to my policy?

With Assurity, you may add a wide range of riders to your policy, including:

  • Accelerated death benefits riders. If you’re diagnosed with a terminal disease, you can take a certain amount of your death benefit as a lump sum.
  • An additional insurance policy in case of accidental death. If you’re killed in a car accident, your heirs will get an extra $350,000 in benefits.
  • Riders who are under the age of 18. Depending on your policy, you may be able to include a kid or numerous children.
  • Rider for conversions. Within a certain time frame, this add-on lets you convert your term life insurance policy to permanent life insurance.
  • Riders who suffer from a critical illness benefit. If you’re diagnosed with a critical disease, you’ll receive a share of the death benefit.
  • Rider for disability income. After a car accident, your insurance company will pay you $1,800 a month in benefits for as long as you need it.
  • Rider that ensures you’ll be insured no matter what happens. Extra coverage can be purchased without having to go through the underwriting procedure if you need it later.
  • Rider with a low risk of injury over the long term. Assures you that your benefit levels will not change over the policy’s duration.
  • Pay or offers advantages to customers. Premiums are waived for a defined length of time if the individual who pays them dies or becomes handicapped.
  • Rider for portability. By adding this add-on, you may ensure that your group coverage will follow you if you move employment.
  • Rider with a spouse. Allows you to include your spouse’s life insurance coverage without having to purchase a separate policy for him or her.
  • Rider for long-term care insurance. For a set period of time, extend the coverage provided by your permanent policy.
  • Rider waiving the right to a higher price. If you are unable to work because of a disability, your insurance premiums will be suspended.

Assurity life insurance reviews and complaints

As of October 2020, Assurity has an A+ customer engagement rating from the Better Business Bureau (BBB), despite not being accredited by the BBB. Three complaints have been filed with the Better Business Bureau in the last three years, which is a positive indicator for consumer satisfaction.

B-corporations are held to high standards of public transparency, legal responsibility, environmental sustainability and social impact. Assurity became a recognized B-corporation in 2015. This firm is the world’s largest insurance provider.

Checkout our review of Amica Life Insurance Review for another insurance review.

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Levi Jorgensen
Levi Jorgensen is a life-long explorer. When he's not writing about life insurance, he works as an appraiser of antiques. He's based in Columbus, Ohio with his wife and 2 children.
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