Additionally, AAA Life Insurance Company offers Accident Insurance and a series of Annuities. The company has over 1.3 million life insurance policies in force and wrote $407,624,304 in premiums in 2017. We never for once received … As suggested by its historically lower than average NAIC complaint ratio, the organization's commitment to customer satisfaction is stronger than most other institutions we evaluate. The company has been in business for over 50 years and is affiliated with--but separate from--the American Automobile Association. With multiple options within each product category and everything from fast to comprehensive coverages with convenient in-home medical exams, AAA Life is a solid contender among top life insurance carriers. We can also turn to AAA’s credit ratings and financial performance. Over the last century, AAA has fought for drivers, advocating for better roads, supplying maps and travel recommendations, creating course material for safe driving, and even petitioning the federal government for fair gas prices. AAA Life Insurance Co. was founded in 1969 by AAA, the group of motor clubs best known for providing emergency roadside assistance and travel services. If you’re looking for a more permanent solution, AAA offers two universal products. CA Certificate of Authority #07861. AAA Life Insurance Company is headquartered in Livonia, Michigan and offers whole and term life insurance and annuity products. Finally, AAA’s Guaranteed Issue product is a final expense policy ranging from $5,000 to $25,000. He has taken advantage of the learning opportunities that AAA Life … With that in mind, let’s take a look at AAA Life’s policy options to see if they could benefit you. AAA Life Insurance Company is licensed in all states except NY. However, by taking advantage of the brand already built and giving consumers what they need where their property and casualty agent can’t, they are continuing to grow. Here are some key features of the Traditional Term Life Insurance product from AAA: The other option, ExpressTerm Life Insurance, is more innovative, something few other companies offer. AAA’s history dates back to 1902, when a group of motor clubs decided to concert their efforts, forming the American Automobile Association to benefit the owners of the 23,000 cars on the road. AAA Life Insurance canceled our policy without informing us after we paid them for 5 years. AAA has an “A” rating from A.M. Best, suggesting their financial health is excellent. Typical riders, like Waiver of Premium, Accident, and even Children’s Term are available, though they may cost more. It can be purchased entirely online from start to finish, and as long as you are accepted, you could get instant coverage. Life insurance underwritten and annuities offered by AAA Life Insurance Company, Livonia, Michigan. With over 50 years of experience in the industry and a solid financial reputation, AAA Life offers a solid selection of whole and term life insurance plans that are more affordable than those offered by many of its competitors. Our brand, ConsumersAdvocate.org, stands for accuracy and helpful information. All license numbers are available. With rates in hand, you can make an informed decision on whether or not AAA is the best company to protect your family. No exam coverage: While most companies require a medical exam, you can often skip the doctor’s appointment and blood test with AAA and get instant coverage online. AAA also offers both a basic whole life policy and a guaranteed issue product, meaning you cannot be turned down. No mention of an insurance company or its prices is an offer for life insurance, and all users and applicants shall be subject to any and all underwriting requirements by the insurance company in which you apply. Copyright © 2020 BestLifeRates.org, LLC. For more information on how we're paid, click our link below.Full Disclosure. He started his journey with the company in 2007 as an associate in the New Business and Underwriting Department. AAA Life Insurance company holds a Better Business Bureau rating of A+ and has received mostly positive customer ratings across a number of independent consumer review sites. The company has a below-average customer complaint volume on the Better Business Bureau website and has taken the time to address each one according to BBB guidelines. Jason Fisher Last Updated: November 5, 2020, Certain links on this page will refer you to products we might recommend. Your rates are secured when you purchase this no exam policy, and you can apply on the company’s website, by phone, or via mail. Beginning with their term life insurance products, AAA offers two policy options: ExpressTerm Life and Traditional Term Life. and a multi-state licensed life insurance agent who has helped over a million Americans seek out affordable coverage, compare quotes, or get their family and businesses covered. They claimed that they couldn't reach us since we moved. Privacy Policy, Death benefits ranging from as low as $100,000 up to $5 million or more, American Automobile Association (AAA) (Parent). You probably know AAA, or Triple A, for its roadside assistance and other benefits for drivers. There is no medical exam, and premiums stay level, but you must apply with an agent. This creates no additional cost to you, and helps provide us an income so we can continue to bring valuable information to your fingertips. ExpressTerm life policies come with a death benefit ranging from $25,000 to $250,000. The company offers term, … Life insurance underwritten and annuities offered by AAA Life Insurance Company, Livonia, Michigan. Any reference in this website to third party trademarks is to identify the corresponding third party goods and/or services. To recap, here are some of the best features of AAA Life Insurance Company: While the pros far outweigh the cons, there are a couple of potentially negative factors to consider about AAA. All it takes is a few moments to compare quotes from AAA and other top life insurance providers. Whether you’re looking for term life insurance or a more permanent product, AAA just may have the solution you need. The Simple Whole Life Insurance choice is a standard policy with a $5,000 – $75,000 death benefit, guaranteed to remain the same for the rest of your life. AAA Life Insurance Company is licensed in all states except NY. If you choose to click on the links on our site, we may receive compensation. CA Certificate of Authority #07861. AAA offers a variety of life insurance policies to meet your unique needs, including: We’ll explore the specifics of each of these policies below. Our brand, ConsumersAdvocate.org, stands for accuracy and helpful information. They’re also committed to making a positive impact, contributing to the American Heart Association, the American Red Cross, the American Cancer Society, and more organizations. The company has held an excellent ratint with A.M. Best. Credit ratings measure a company’s likelihood of being able to meet its financial obligations, which is crucial when you purchase life insurance. We attempt, within reason, to ensure all quotes are up to date, though rates change periodically and are never guaranteed. AAA Life Insurance Company, a part of the AAA organization, has been providing life insurance and annuity products since 1969. AAA’s term policies provide protection for 10- to 30 … Life insurance underwritten and annuities offered by AAA Life Insurance Company, Livonia, Michigan. AAA Life Insurance is considered to be financially strong and stable, and because of that, it is highly rated in the industry. Ultimately the choice is yours. Do I Need Life Insurance? They are perhaps most famous for their roadside assistance program, which helps members nationwide when they find themselves in a bind on the road. We sometimes offer premium or additional placements on our website and in our marketing materials to our advertising partners. These policies start at $100,000 as well and give you the ability to earn more cash value. AAA Life offers an excellent variety of term, whole, and universal life insurance policies, as well as accident insurance and annuities. Our Comments Policy  |  How to Write an Effective Comment. If you have any specific questions while considering which product or service you may buy, feel free to reach out to us anytime. AAA Life Insurance offers a variety of term, whole and universal life insurance options to fit you and your family’s specific needs: Term life. While you may associate the organization with auto products, AAA is also a popular life insurance provider. Partners may influence their position on our website, including the order in which they appear on the page. What Are the Different Types of Life Insurance? A Guide to Who Needs it and Why, The Differences Between Term and Whole Life Insurance, Why I Stopped Procrastinating and Got Life Insurance, Massachusetts Mutual vs. Northwestern Mutual. Financial stability: AAA’s reputable history and financial strength ratings represent a thriving company you can depend on for your life insurance. To that end, you should know that many advertisers pay us a referral fee if you purchase products after clicking links or calling phone numbers on our website. Invitations on ConsumersAdvocate.org for application for insurance are made only where licensed by and through Consumers Advocate Group, LLC (in Florida, Consumers Advocate, LLC; in New York, Consumers Advocate Group of Washington, LLC; and in California, Fran Powel Insurance Services, LLC), and its designated insurance producer, Francine Powel, as an independent agent. The traditional term life product is comparable to what most life insurance companies offer: a simple and straightforward life policy which is fully underwritten. … We sometimes offer premium or additional placements on our website and in our marketing materials to our advertising partners. Its term, whole, and universal life insurance program, which represents a significant part of the AAA … 2. While you don’t have to be an AAA member to get life insurance or annuities from the company, their accident insurance is exclusive to members. This review digs into AAA’s history, financial performance, and products to help you decide if it could be the right company for you. We know we can only be successful if we take your trust in us seriously! With offices located in all 50 states and an ExpressTerm policy you can buy directly on the company’s website from the convenience of your home, AAA is a future-forward company worth considering. After successfully serving drivers for the better part of a decade, AAA decided to branch into other areas. Many or all of the companies featured here provide compensation to us. AAA Life's Human Resources professionals understand the special mix of skills and values that make a candidate a good fit. For the more growth-minded individual, the Accumulator Universal Life option may be more suitable. 3. For example, when company ranking is subjective (meaning two companies are very close) our advertising partners may be ranked higher. We are here to answer your questions and make you feel comfortable in the … Jason Fisher is the founder and CEO of BestLifeRates.org, LLC. While the American Automobile Association itself was founded in 1902, its life insurance products, an offshoot of its auto insurance and other member programs, were introduced in 1969. As mentioned earlier, AAA offers a wide variety of products to meet people’s daily needs, like online savings and retirement accounts, travel planning resources, and home, auto, and travel insurance. Our content is free because we may earn a commission when you click or make a purchase using our site. But the American Automobile Association excels in far more than assisting drivers. AAA has an impressive history of serving its customers and the community at large, but there’s more to assessing the company’s viability than looking at its past. It is a lie. Partners may influence their position on our website, including the order in which they appear on a Top 10 list. 17900 N Laurel Park Dr, Livonia, MI, 48152, Leave a comment for AAA Life Insurance Company. The analyses and opinions on our site are our own and our editors and staff writers are instructed to maintain editorial integrity. These commissions are how we maintain our free service for consumers. If you’re curious to see how AAA Life Insurance Company compares to other top life insurance carriers in America, stick around. CA Certificate of Authority #07861. The policy’s cash value also grows over the length of the policy. Your premiums are locked in from day one, and your policy may accumulate cash value. At AAA Life Insurance Company, Tyson found a place where hard work and dedication pay off. Their term life insurance … This means you’ll need to complete a physical, have your medical history and motor vehicle report checked, and wait up to a few weeks to get insured. provides independent information for the purpose of providing consumers insight into obtaining the best life insurance coverage from the best life insurance company they could obtain, subject to underwriting. This policy comes with the same term options as the fully underwritten product, but with little to no underwriting and no medical exam. something like... Metro Office Park 7 calle 1 Suite 204, Guaynabo, PR 00968. The following companies are our partners in Life Insurance: Policygenius, Haven Life, National Family Assurance, AIG Direct, American National, Ladder, Bestow, LeapLife, Fabric, and Sproutt. BestLifeRates.org, LLC. AAA is a household name thanks to its auto services, and its life insurance is becoming more popular with every year. https://bestcompany.com/life-insurance/company/aaa-life-insurance You can also change your premiums and the amount of coverage as you go, which could mean higher rates down the road. The LifeTime Universal insurance product is their most basic permanent product, allowing you to secure a life insurance policy for the rest of your life, with death benefits as low as $100,000. In 1969, AAA began extending life insurance products to consumers nationwide in an attempt to not only take advantage of its already well-known brand and market share and add another layer of convenience and affordability to its growing customer base. Having only been in the life insurance business for 40 years, AAA is not yet one of the elite life insurance providers in the marketplace. To make this comment as helpful as possible for our community, please provide at least 2 sentences. If you don't click the links on our site or use the phone numbers listed on our site we will not be compensated. We know we can only be successful if we take your trust in us seriously! Product name, logo, brands, and other trademarks featured or referred to within our site are the property of their respective trademark holders. Term Life Coverage for as low as $14 a month, Over 100 years of helping families guard their financial futures, 10 to 30 year term life insurance policies available, Request a quote online or speak with an agent. To recap, here are some of the best features of AAA Life Insurance Company: 1. I HAD TWO policies with aaa, one term life which when i got it they said expired when i was 70 so i paid it faithfully for fifteen years, but instead of seventy it quit when i was 68, without warning..turned out it was a fifteen year policy not till i was 70, then i had a smaller one for car accidents and airplane accidents, then UNKNOWN TO MEEEE they changed the policy and added bodily injury from just getting hurt...they sent me a letter, and the second paragraph down it said they had added it, but i thought it was just a policy number letter so i kept it and have had it on my fridge, they never wrote across the envelope saying check inside your policy has been updated!!! AAA Life has been in business for over 50 years, which suggests that the company has been well-managed throughout a variety of economic circumstances. AAA Life is also rated by the Better Business Bureau, who gives the company an A+ rating. To find out more about how we make money and our editorial process, click here. AAA Life Insurance Company is licensed in all states except NY. The company has a rating of A- (Excellent) by A.M. Best, which is the fourth highest … The analyses and opinions on our site are our own and our editors and staff writers are instructed to maintain editorial integrity. Compensation, along with hours of in-depth editorial research, determines where & how companies appear below. Today, AAA Life Insurance Company, headquartered in Livonia, Michigan, serves more than a million loyal consumers, with products ranging from life insurance to travel insurance and a host of options in between.