Auto Owner Life Insurance Review

Auto-Owners Life Insurance is intended to provide long-term financial coverage and includes a guaranteed death benefit. This type of policy can be purchased through an independent agent or online, and the company’s website lists flexible payment plans and other details. However, there is a lack of information on specific riders. To be more specific, it would be best to contact an agent and obtain a quote.  auto insurance quotes in pennsylvania

Auto-Owners Life Insurance is a Michigan-based company founded in 1916. They serve clients in 26 states and offer a range of life insurance products. Their agents sell life insurance and a variety of other insurance policies. The company claims that its “human approach” and focus on customer service makes it different from other life insurance companies.

Auto-Owners has the highest rating from A.M. Best, a reputable trade group. This means the company is financially strong and has a positive outlook. Many insurance companies struggle to earn this rating. However, Auto-Owners has maintained an A++ rating for 49 consecutive years. In addition to this, they have been rated A++ by the National Association of Insurance Commissioners (NAIC).

Auto-Owners has improved its financial health compared to the life insurance industry as a whole. According to NAIC statistics, life insurance and related products increased 6 percent between 2016 and 2017. This growth has been mirrored by Auto-Owners. Its direct premiums written and applications filed have increased year over year. And its customer service and claims are better than average. However, consumers should be aware that Auto-Owners life insurance may come with limitations and exclusions.

Despite these limitations, Auto-Owners Life Insurance offers several competitive benefits. Their agents can help you compare prices and plans with different insurance providers. Furthermore, they are able to offer personalized coverage for individual policyholders. Moreover, their financial strength has been rated A+ by several independent rating agencies. This means that they have room for growth in the future. They offer term and whole life insurance policies. The company also offers life insurance policies that include a combination of both.

Auto-Owners also offers discounts for multi-policy policies and life insurance. These discounts can help you save on your premium and avoid billing fees. Moreover, the company also offers a paid-in-full discount for paying the premium in full. These discounts can help you save on your insurance premiums while protecting your family and property.

Auto-Owners life insurance has a number of features that make it a great choice for most people. With auto owners level term life insurance, you can choose a policy that provides a level death benefit and a cash value account that can grow. You can even make changes to the death benefit if you wish to. This type of policy allows you to make changes to your policy without facing any additional costs.