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finder.com's rating: 3.5 / 5
★★★★★
18 to 65
Issue Age
Not Listed to Not Listed
Coverage
Yes — for term and whole life policies
Medical Exam Required
Policies | Term, whole, final expense |
---|---|
Coverage maximum | Not Listed |
Term lengths | 10, 15, 20, 25 or 30 years |
Medical exam required | Yes — for term and whole life policies |
Available states | Available nationwide |
Issue age | Not listed |
Riders |
Accelerated death benefit rider |
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Review by
Katia Iervasi is a staff writer who hails from Australia and now calls New York home. Her writing and analysis has been featured on sites like Forbes, Best Company and Financial Advisor around the world. Armed with a BA in Communication and a journalistic eye for detail, she navigates insurance and finance topics for Finder, so you can splash your cash smartly (and be a pro when the subject pops up at dinner parties).
American Income is a small and financially strong provider that mainly sells life insurance to union members. But its product line is limited, and it has an old-school approach to claims.
American Income sells life insurance through its network of agents, and markets mostly to members of labor unions, credit unions and similar associations.
It has a limited product range:
As far as we can tell, American Income offers a single complimentary rider:
If you’re looking for more options to compare, take a look at these other providers.
The company has been accredited with the Better Business Bureau since 1952, and holds an A+ rating for its customer interaction, as of October 2020. It’s a different story with customers, though. They’ve awarded the insurer 1.98 of five stars, and the BBB has recorded 265 complaints over the past three years. Most of the complaints honed in on poor customer service and aggressive advertising and sales tactics.
To apply for coverage, call American Income at 800-433-3405 on weekdays from 8 a.m. to 5 p.m. CT. The team will then put you in touch with a local agent, who will explain your coverage options and help you to customize your policy.
Founded in 1951, American Income Life Insurance Company is based in Waco, Texas, and sells life, accident and supplemental health insurance across the United States, Canada and New Zealand. It’s a wholly owned subsidiary of Globe Life Inc, a publicly traded company.
The company has ties to 20,000 groups, including labor unions, credit unions, fraternal organizations, sporting clubs and non-profits. It’s committed to helping working families, and the team often donates to unions and participates in rallies.
American General is pretty old-school though, so if you want to manage your policy online, compare life insurance companies.
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
Our experts analyze life insurance companies to help you to find the strongest possible policy and premium for your family’s needs. We assess their financial strength, customer satisfaction, policy features and riders. We then give each insurer a score between one and five stars that reflects their offering and reputation in the industry.