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Amica life insurance review 2021

Simple but strong life products backed by the oldest mutual insurance company in the country.'s rating: 3.5 / 5


  • Get a quote if… You want a simple term or whole life policy from a reputable company.
  • Choose a different provider if… You want a low coverage amount on your term policy.

15 to 75

Issue Age

$5,000 to $1,000,000



Medical Exam Required


Policies Level term, annual renewable term, whole life and simplified whole life
Coverage maximum $1,000,000
Term lengths 10, 15, 20, 25 and 30-year
Medical exam required Yes
Available states Available in all 50 states
Issue age 15 - 75 years old


  • Simplified whole life policy
  • Free online quote
  • Possible dividends
  • Financial strength


  • Few online services
  • Limited rider options
  • Lacks coverage variety
Riders Accelerated death benefit rider
Accidental death benefit rider
Child rider
Cost-of-living rider
Critical illness benefit rider
Waiver-of-premium rider

Review by

Andrew Flueckiger is a licensed insurance agent and Certified Insurance Counselor with experience in insurance and finance. A graduate of Indiana University, Andrew contributes a wealth of knowledge and experience to Finder. When Andrew isn’t writing, reading or practicing insurance, he can be found spending time with his family and playing the guitar.

Expert review

Amica has a long history of offering strong insurance products nationwide. Its life insurance products are reasonably priced, though with somewhat limited options. Its simplified issue whole life policy is a feature that many competitors lack.

If you want more customizable coverage, compare life insurance companies.

Amica life insurance rates

According to Amica’s website, a $150,000 10-year term policy for a 30-year-old female will cost $9.84 a month or $118.08 a year. This is based on no tobacco use and a good health classification rate.

What affects my rate with Amica

Young and healthy people can get the lowest life insurance rates. Speak with an Amica life insurance agent to learn more about its specific health classifications. Typical factors that can help you get a lower rate:

  • Five years tobacco-free
  • No history of alcohol or substance abuse
  • Clean driving record in the past five years
  • Healthy weight and blood pressure
  • Low-risk hobbies and occupation

How to get a quote from Amica life insurance

If you want whole life insurance, you’ll need to call an Amica agent. You can apply for term life insurance online:

  1. Select Life from the Get a Quote box and select your state.
  2. If you want to see your recommended coverage amount, fill in the three questions under Calculate it for me section. Or you can select your own coverage term and amount.
  3. Answer basic health questions.
  4. Fill in your contact information and click on Get My Quote.
  5. You may get instant approval, or you might need to wait to be contacted if you chose a high coverage amount or have health issues.
  6. Once you’re approved, designate beneficiaries and set up your payments and medical exam.

What types of life insurance coverage does Amica offer?

Amica offers two main policy types: term and whole life. These are the options:

  • Term life. Available in terms of 10, 15, 20, 25 or 30 years, this policy offers set premiums and coverage ranging from $100,000 to $1 million. It can be converted to a whole life policy before a deadline — with no need for another medical exam.
  • Annual renewable term (ART) term life. This type of term policy is renewed on a year to year basis, and available in coverage amounts between $250,000 and $1 million. While you won’t be required to take a medical exam each year, your premiums will go up if you decide to renew.
  • Whole life. With a minimum death benefit of $25,000, Amica’s whole life insurance policy has set premiums and lifelong coverage. Also, it builds cash value that grows tax-deferred and can be used for major purchases, like college tuition or paying off a mortgage.
  • Simplified whole life. This permanent life insurance policy is essentially a final expense policy. There is no medical exam required, and your premiums will stay the same throughout the life of your policy. Amica offers benefit options between $5,000 and $25,000 for simplified whole life.

What riders can I add to my policy?

Amica offers some of the most popular riders to help you personalize your policy:

  • Accelerated death benefit rider. This rider allows you to take out up to 75% of your death benefit if you’re diagnosed with a terminal illness and are given less than 12 months left to live.
  • Accidental death benefit rider. This doubles your death benefit if you pass away as a result of an accident before age 65.
  • Child rider. This provides a specific amount of money in case any of your children pass away. This can also be converted into the child’s own life insurance policy at up to 5x the benefit amount when they reach their 20s without the need for a medical exam.
  • Cost-of-living rider. This rider adjusts your death benefit to match inflation.
  • Critical illness benefit rider. Pays out a lump sum benefit if you suffer a critical illness, like a stroke.
  • Waiver-of-premium rider. If you get critically ill, seriously injured or become disabled, this rider will waive premiums while keeping your policy active.

Amica life insurance reviews and complaints

Amica has been accredited with the Better Business Bureau since 1957, and has an A+ rating for its customer interaction. Customers award the insurer 2 out of 5 stars. The BBB has recorded 77 complaints over the last three years, though most of them were promptly resolved by the insurer.

On Trustpilot, Amica has 3 out of 5 stars — but there are only a handful of reviews on the site.

AM Best financial rating A+
BBB accredited Yes
BBB rating A+
1.45/5 out of 47 customer reviews
Trustpilot score 3.4/5 out of 7 customer reviews
Customer reviews verified as of 18 January 2021

Compare life insurance companies like Amica

If you’re looking for more options to compare, take a look at these other providers.

Name Product Issue age Minimum Coverage Maximum Coverage Term Lengths Medical Exam Required
18 - 60 years old
5, 10, 15, 20, 25 and 30 years
Compare 40+ insurers and apply online to get the lowest possible price — no medical exam required.
20 - 60 years old
10, 15, 20, 25 or 30 years
No, for coverage up to $3M
Apply for term life insurance online without the medical exam. Get an instant decision and adjust your coverage at no charge.
Policygenius - Life Insurance
18 - 85 years old
10, 15, 20, 25, 30 years
Depends on provider and policy
Compare 12+ top insurers side-by-side to get the best possible deal, and shop return of premium policies online.
Everyday Life
20 - 75 years old
10, 15, 20, 25, 30, 35 and 40 years.
Ladder multiple life insurance policies to save on the coverage you need for all your debts.
18 - 60 years old
10, 15, 20, 25, 30 years
Get a quote in less than 10 minutes with on-the-spot approval and no medical exam.
21 - 60 years old
10, 15, 20, 25 or 30 years
Depends on policy
No-exam term policies up to $1 million online, with the option to upgrade to permanent life insurance later.

Compare up to 4 providers

Frequently asked questions about Amica life insurance

Life insurance ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

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