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17 to 60
Issue Age
$10,000 to $100,000
Coverage
No
Medical Exam Required
Policies | Term, Permanent |
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Coverage maximum | $100,000 |
Term lengths | 10, 20, or 30 year period |
Medical exam required | No |
Available states | All 50 states |
Issue age | 17 - 60 years old |
Riders |
Child rider Portability rider Spouse rider |
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Review by
Sarah George is a writer at Finder who unravels complicated topics about insurance, business and finance. She's been wordsmithing for nearly five years, after earning an English education degree. Her insurance know-how has been featured on CarInsurance.com. You can usually find Sarah sipping hot tea and talking through movie plots in her downtime.
American Fidelity has proven its ability in the life insurance market with sound investments and years of industry service. It also serves a great need for the US military by underwriting Servicemembers Group Life Insurance policies. The company is one of the only insurers to transfer military policies to permanent civilian policies if veterans prefer that option.
On the other hand, the company isn’t well-known in the market. For customer service, you can expect support to come through the home office with a few services accessible on your online account.
If you enjoy service with a local feel and policies with sound investments and guaranteed cash assets, American Fidelity might be for you. But consider whether you can get better coverage or a lower premium with another life insurance company before finalizing your policy.
American Fidelity started on the basis of providing life insurance with cash assets to people in the military. It stands by that mission with these types of policies:
American Fidelity doesn’t specify the riders available to you on its website. Instead, you have to call or email customer service for this information. Riders or benefits the company likely offers:
In general, you might pay anywhere from $250 to $1,000 per month for whole life insurance. Universal life insurance premiums may start out similar or higher than what you’re quoted for a whole life policy. Keep in mind that employer-sponsored policies tend to cost less.
However, your exact rates depend on a variety of factors, including:
American Fidelity holds an A+ rating with the BBB — no small feat for a company accredited by the bureau since 1987. It has 27 customer complaints with the BBB, it also sees 14 customer reviews as well, as of 2020.
American Fidelity recently upgraded to an A+ financial rating from AM Best in 2019.
This insurer keeps the sign-up process personal by offering quotes and policy information over the phone. Your application might go something like:
World War II Marine Charles Woodbury founded American Fidelity in 1956 after completing his military service. The company’s goal was helping military families in Pensacola, Florida with stable financial planning and products.
Because of its focus on government and stable investments, the company has weathered many economic downturns, including the 2008 recession. It introduced its newest universal life product in November 2008.