Looking to buy a life insurance policy and you’ve come across the name Assurity?
Rest assured (see what we did there?) you’re researching a financially strong life insurance carrier with several products which could meet your needs.
While not for everyone, Assurity does have excellent term products, some which require no medical exams.
We strive to have the most complete guide to the best life insurance companies in America, and Assurity is definitely among the top. If you’re considering a policy with Assurity, read this article first to make sure they’re right for you.
Here is our Assurity Life Insurance Company review, and is our own opinion. Make certain you do your own due diligence before buying any coverage from any company.
Our Assurity Life Insurance Company Review
Before the turn of the 20th century, three insurance entities, Modern Woodmen Accident Association, Royal Highlanders, and Security Mutual Life all began their life insurance prowess in the state of Nebraska.
Each would undergo name changes and home office locations, before finally consolidating as Assurity Life Insurance Company in 2007.
With a strong focus on life insurance, Assurity has continued to add more options to an even greater line of products, including disability, critical illness, worksite policies, and others.
Within its life insurance realm, it offers term life , universal life, no exam life insurance (also called simplified issue) and even a single-pay whole life plan.
Assurity Life was affirmed through A.M. Best with an “A-” (Excellent) rating for financial strength and security.
This is often one of the more important metrics consumers use to evaluate a company’s reputation, as A.M. Best is an independent third party and not affiliated with the profitability interests of Assurity.
The primary focus for Assurity resides in middle income Americans, as well as those who own and operate small businesses.
For those small businesses with a fair amount of employees, Assurity also has several options for voluntary benefits making it easy for employees to purchase life, disability and other insurance products.
Assurity is one of the premiere life insurance carriers for no exam life insurance policies. This allows individuals to apply for coverage, up to certain amounts depending on age, where no medical tests or exams are needed to get approved.
The applicant still has to answer medical questions, provide driver’s license information for motor vehicle records, and have their MIB and prescription history checked.
In some instances, doctor’s records could be requested. Underwriting for these products also can be a week or two quicker than fully underwritten policies requiring blood work or a urinalysis.
It’s also one of Assurity’s goals to pro-actively aid the community in which it operates, assisting with events like blood drives, American Heart Association activities, food bank drives, and fundraising for other local charities.
There is also strong support for the United Way and Assurity makes active strides in becoming a greener company every year.
More On Assurity
Perhaps one of Assurity Life Insurance Company’s greatest achievements in today’s fast paced and online life insurance market is its technological advances.
Working with iPipeline, an insurance tech specialist, to offer insurance quotes and applications over the internet, to not only assist agents with the sale, but to get insurance in the hands of consumers faster and simpler.
While Assurity, itself, is a relatively new company, it has a rich history across the three separate companies from which it came. With a focus on ethics and integrity, its aim to provide exceptional products and service is not going unnoticed, and Assurity is making a positive mark on the life insurance industry.
|Company Name (and Subsidiaries)||Assurity Life Insurance Company|
|Company Ratings||A.M. Best (A-)|
Moody’s Investors Services (n/a)
Standard & Poor’s (n/a)
|Headquarters (Address, Phone, Web)||2000 Q Street (68503)|
PO Box 82533
Lincoln, NE 68501-2533
Phone: (402) 476-6500
|Policy Types Available||Term|