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finder.com's rating: 4.5 / 5
★★★★★
TIAA no longer offers life insurance policies as of 2019. However, TIAA is still servicing active policies as well as partnering with other insurance companies to recommend alternative life insurance from its partners.
18 to 80
Issue Age
$100,000 to $5,000,000
Coverage
Depends on policy
Medical Exam Required
Policies | Term, Permanent |
---|---|
Coverage maximum | $5,000,000 |
Term lengths | Level premiums for 10, 15, 20 or 30 years |
Medical exam required | Depends on policy |
Available states | All states |
Issue age | Not listed |
Riders |
Accelerated death benefit rider Cost-of-living rider Estate protection rider Waiver-of-premium rider |
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Review by
Amy Stoltenberg is a staff writer covering all things travel, shopping and lifestyle. After earning a BA at Savannah College of Art and Design, she worked as technical designer in corporate fashion before opting for a career with unlimited travel time. When her laptop's closed, you can find her wandering around Los Angeles looking for hole-in-the-wall eateries and plotting her way to all 50 states (she's currently at 28).
TIAA’s fortitude and comprehensive financial services can make it a one-stop shop for money management.
But if you’re hoping for something more succinct or just want to see what else is out there, be sure to shop around for the best deal.
The average cost of a $250,000 term policy for a healthy 30-year-old could be as low as $160 annually, according to the insurer. That’s on the cheap end of the scale compared to other companies. But your actual cost depends on which policy you choose, the amount and length of coverage, as well as your health, lifestyle and other personal factors.
TIAA is no longer selling life insurance. If you’re interested in purchasing annuities or other investment accounts with TIAA instead, go to TIAA’s website and navigate to Invest and click See all investment products to get started.
TIAA’s lineup used to include both term and permanent policies:
TIAA isn’t accredited with the Better Business Bureau (BBB), but it has an A- rating for its customer interaction. The BBB has recorded 41 complaints over the last three years, which is relatively low for an insurance company. Many complaints revolved around account management issues, and all were promptly resolved by TIAA.
Customers award the insurer 1 out of 5 stars.
AM Best financial rating |
A++ |
BBB accredited | No |
BBB rating | A- 1/5 out of 2 customer reviews |
Trustpilot score | 3.1/5 out of 2 customer reviews |
Customer reviews verified as of | 25 January 2021 |
Now that this insurer is no longer actively selling policies, consider a similar life insurance company.
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor