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American Income life insurance review 2022

An old-school insurer with a tight product line and a network of local agents across the country.'s rating: 3 / 5


  • Get a quote if… You like the sound of an insurer with ties to labor unions.
  • Choose a different provider if… You want to customize your coverage with riders, or you’re interested in universal or variable life insurance.

18 to 65

Issue Age

Not Listed to Not Listed


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


  • Community feel
  • Financial strength


  • Mail-in claims
  • Limited permanent products
  • Lack of transparency
  • Short support window
  • Pushy sales approach
Riders No info available

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).

Expert review

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.

How to get a quote from American Income life insurance

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.

What types of life insurance coverage does American Income offer?

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:

  • Term life insurance. These policies provide coverage for a set period of time, usually 10, 15, 20, 25 or 30 years. We weren’t able to find American Income’s term lengths or coverage amounts.
  • Whole life insurance. A permanent policy, this offers lifelong protection and never expires — so long as you continue to pay your premiums. A portion of each premium is invested to give your policy a cash value. Like term life, we’re not sure how much coverage you can buy.
  • Final expense plan. American Income’s policy is called Freedom of Choice, and it’s designed to cover your funeral and burial costs, as well as any other expenses — like debt — that may otherwise burden your beneficiaries. The insurer doesn’t advertise its coverage limits.

What riders can I add to my policy?

As far as we can tell, American Income offers a single complimentary rider, though it may offer others for an extra cost:

  • Accelerated death benefit rider. If you’re diagnosed with a terminal illness and have a life expectancy of fewer than 12 months (or 24 months in Illinois, Massachusetts and Washington), you’ll be paid 50% of the face amount of your policy. That way, you can use the money during your lifetime. When you die, your beneficiaries will receive the rest of the policy proceeds.

American Income life insurance reviews and complaints

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.

AM Best financial rating A+
BBB accredited Yes
BBB rating A+
2.05/5 out of 338 customer reviews
Customer reviews verified as of 02 November 2021

Compare life insurance companies like American Income

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
Everyday Life
18 - 70
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
Apply for term life insurance in minutes and get an instant decision all online. Plus, you’ll get to skip the medical exam.
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.
18 - 65 years old
2 - 35 years
Not available in: AL, CA, CO, CT, FL, KY, ME, MS, NH, NJ, NY, ND, RI, SC, SD, VT, VI, WA
Nationwide life insurance
18 - 80 years old
10, 15, 20 and 30 years
Get term, whole, universal or no-exam life insurance with up to $1 million in coverage.

Compare up to 4 providers

More about American Income

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.

Frequently asked questions about American Income life insurance

Life insurance ratings

★★★★★ — 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.

Learn more about our methodology here.

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