American Amicable Life Insurance Review: EXPENSIVE!

Company history and ownership

American Amicable was founded in 1910 in Waco, Texas, and it’s still based there today.

In 2010, Canada’s Industrial Alliance, now called iA Financial Group, bought the company. The deal was announced in April 2010 and closed in July 2010. American Amicable became part of iA’s group of U.S. life insurance companies.

Depending on where you live, your policy may be issued by American-Amicable Life Insurance Company of Texas or by a sister company, such as Occidental Life, Pioneer American, Pioneer Security or IA American Life. Not every product is sold in every state.

American Amicable doesn’t have its own employee agents. It sells through independent agents, marketing companies and call centers. That’s why experiences with American Amicable can vary widely depending on the agent, the marketing group, or the call center a client buys through.

Financial strength

AM Best rates American-Amicable Life Insurance Company of Texas A (Excellent) for financial strength, and it affirmed that rating in 2026. Its parent, Industrial Alliance, is rated A+ (Superior). Those ratings are a good sign the company can pay its claims. Financial strength doesn’t tell you anything about price or customer service, though.

Is American Amicable state regulated?

Like every legitimate life insurance company in the United States, American Amicable is regulated at the state level. Each state’s Department of Insurance approves policy forms, sets solvency rules and enforces consumer protection laws. Having a Canadian parent company doesn’t change that.

You might have seen ads that say you can “qualify for a state-regulated life insurance program.” That wording misleads people into thinking a government program is involved when no such program exists. “State-regulated” only means the company is licensed to sell policies that meet your state’s insurance laws. Our guide to state-regulated life insurance explains these ads.

If you ever question whether a life insurance company is legitimate, you can check its license on your state’s Department of Insurance website.

American Amicable’s insurance products at a glance

American Amicable focuses on simplified issue life insurance. That means no medical exam. You answer health questions, and the company checks databases and your height and weight.

Product	Type	Issue ages	Coverage	Health underwriting	Early-year limits
Senior Choice	Whole life (final expense)	50 to 85	$2,500 to $35,000	Health questions sort you into one of three plans	Graded and Return of Premium plans pay less for at least two years
Platinum Solution	Whole life with Everest funeral concierge services	50 to 85 (Legacy), 0 to 49 (Family)	Not confirmed	Three plans, like Senior Choice	Graded and Return of Premium plans available
Term Made Simple	Level term to age 95	18 to 75	$50,000 to $500,000	Approved or declined; three price classes	None
Easy Term	Level term to age 95	18 to 70	$25,000 to $300,000	Approved or declined; one price class	None

American Amicable has also sold other plans, including mortgage protection term and universal life policies. We couldn’t confirm which of those are sold today, so ask the agent which products are available in your state.

Senior Choice final expense insurance

Senior Choice is American Amicable’s main final expense policy. It’s a whole life policy, so it lasts for life as long as you pay, builds a small cash value, and has premiums that never go up.

Senior Choice comes in three versions. Your health answers decide which one you get.

Senior Choice plan	Full benefit starts	If you die of natural causes before then	Maximum coverage
Immediate Benefit	Day one	Not applicable	$35,000 (ages 50 to 75), $20,000 (ages 76 to 85)
Graded Benefit	Year 3	30% of the benefit in year 1, 70% in year 2	$20,000
Return of Premium	After 3 years if you’re under 65 when the policy starts, after 2 years if you’re 65 or older	Your premiums back plus 10% interest	$20,000

Plan details are from American Amicable’s Senior Choice Agent Guide.

On the Graded and Return of Premium plans, an accidental death pays the full benefit from day one.
The smallest policy is $2,500 ($5,000 in Washington).
Some states have different rules. In New Jersey, the Return of Premium waiting period is two years at every age, and the Graded and Return of Premium plans have lower maximum issue ages in New Jersey and Missouri.
The beneficiary must be someone with an insurable interest, such as a family member, a trust or your estate. A funeral home can’t be named as the beneficiary.
The person being insured has to sign the application themselves. A power of attorney signature isn’t accepted.

Platinum Solution whole life with Everest services

Platinum Solution is a separate American Amicable whole life product line. It comes in two versions: the Legacy Plan for ages 50 to 85 and the Family Plan for ages 0 to 49.

Like Senior Choice, Platinum Solution has Immediate, Graded and Return of Premium versions. What sets it apart is that eligible policies come with funeral planning and concierge services from a separate company, Everest Funeral Package, LLC. According to Everest’s materials, the services are available on Platinum Solution policies of $35,000 or less, and they include:

help from a funeral advisor
funeral home price comparisons
help negotiating funeral costs
online funeral planning tools
tools to prepare a will, healthcare directive and power of attorney
secure storage for important documents
help for your family while they make funeral arrangements

Because the Everest services are bundled into the policy, Platinum Solution costs more than comparable American Amicable coverage without them. We couldn’t confirm Platinum Solution’s current coverage limits or waiting-period terms, so if you’re offered a policy, ask which plan you’re approved for: Immediate, Graded or Return of Premium.

American Amicable term life insurance options

American Amicable sells two no-exam term life policies: Term Made Simple and Easy Term. Here’s how they compare side by side. Each one is explained in more detail below.

Feature	Term Made Simple	Easy Term
Coverage	$50,000 to $500,000	$25,000 to $300,000
Term lengths	10, 15, 20, 30 years	10, 20, 30 years
Oldest issue age (10-year term)	75	70
Preferred rates	Yes	No
Return-of-premium option	No	Yes (20 and 30 years)
Coverage after the level period	To age 95, price rises yearly	To age 95, price rises yearly
Conversion	Until about age 75	Until about age 75

Who these term policies fit: people with a temporary need, like a mortgage or dependents, who want quick no-exam approval and understand that the price climbs after the level period.

Who should look elsewhere:

Healthy people who can qualify for fully underwritten term, which usually costs less.
Anyone who wants lifelong coverage, where whole life fits better.
Shoppers looking for the lowest term premium, who should compare several companies.

Term Made Simple term life insurance

Term Made Simple is American Amicable’s main term life policy for people who want larger coverage without a medical exam.

Level premium periods: 10 years (issue ages 18 to 75), 15 years (18 to 70), 20 years (18 to 65) or 30 years (18 to 55)
Coverage: $50,000 to $500,000. Policies of $250,000 or more get a lower price per $1,000 of coverage.
Price classes: Preferred Non-Tobacco, Standard Non-Tobacco and Standard Tobacco
After the level period: coverage can continue to age 95, but the premium goes up every year
Conversion: you can convert to a permanent policy without new health questions, until the earlier of the policy’s expiration or the anniversary after your 75th birthday (or within five years of buying it, if that’s later)
Underwriting: no medical exam, but the company checks MIB, your prescription history and your driving record. Applicants 65 and older have a phone interview.
Approval: you’re either approved at the price class you qualify for or declined. There are no graded or waiting-period versions.

The health questions look back 10 years and cover a long list of conditions, including high blood pressure and high cholesterol. A “yes” answer doesn’t always mean a decline. For example, high blood pressure controlled with two or fewer medications can still qualify. Serious conditions are a different story. In the underwriting guidelines we reviewed, a history of heart attack, stroke, angina, heart bypass or stents, COPD, kidney failure, or hepatitis B or C generally means you won’t qualify. So does diabetes diagnosed before age 35, current insulin use, or diabetes combined with tobacco use in the past year.

To get Preferred rates, you generally need no tobacco or nicotine for 36 months, no blood pressure or cholesterol medication for 10 years, a clean recent driving and criminal record, and a family history without early heart disease or certain cancers.

Term Made Simple wasn’t available in every state on the most recent state list we reviewed (2021).

Easy Term life insurance

Easy Term is American Amicable’s other no-exam term policy. It starts at smaller coverage amounts than Term Made Simple, and it has a return-of-premium version.

Level premium periods: 10 years (issue ages 18 to 70), 20 years (18 to 65) or 30 years (18 to 55)
Return-of-premium version: 20 years (ages 18 to 60) or 30 years (ages 18 to 50). If you’re alive when the level period ends, you get back 75% of the base premiums you paid. It costs more than regular Easy Term.
Coverage: $25,000 to $300,000. Policies of $75,000 or more get a lower price per $1,000.
Price classes: standard only, tobacco or non-tobacco
After the level period: coverage can continue to age 95 at a price that goes up every year
Conversion: available without new health questions until about age 75. The return-of-premium version must be converted by the end of its level period.
Underwriting: no medical exam; MIB and prescription checks, plus a phone interview depending on your age and the coverage amount. You’re approved or declined.

The diabetes rules match Term Made Simple’s: no coverage for diabetes diagnosed before age 35, current insulin use, or diabetes with recent tobacco use.

The Easy Term details above come from American Amicable’s December 2021 agent guide. Easy Term still appears on the company’s 2025 product summary, but ask your agent to confirm the current details.

Underwriting and eligibility requirements

None of American Amicable’s policies requires a medical exam, but each one still checks your health. For every product, the company uses:

your answers to the application’s health questions
the Medical Information Bureau (MIB), a database insurers use to share application information
your prescription history
your height and weight
sometimes, a short phone interview

The big difference is what happens if you answer “yes” to a health question:

Final expense (Senior Choice and Platinum Solution): a “yes” answer usually moves you to a Graded or Return of Premium plan instead of denying you. A few serious conditions mean no coverage at all.
Term (Term Made Simple and Easy Term): there’s no lower plan to fall back on. You’re approved or declined.

How Senior Choice health answers sort you into a plan

This table summarizes the Senior Choice application we reviewed. The exact questions can vary by state and change over time.

Plan you can usually get	If you…
No Senior Choice plan	Are currently in a hospital or nursing facility, confined to a bed or wheelchair by a chronic illness, using oxygen, receiving hospice or home health care, or have any cancer (except basal cell skin cancer); need help with bathing, dressing, eating or toileting; or have had an amputation caused by disease
No Senior Choice plan	Have had, or been told you need, an organ transplant or kidney dialysis; have been diagnosed with congestive heart failure, Alzheimer’s, dementia, mental incapacity, ALS, liver failure or respiratory failure; have a terminal condition expected to cause death within 12 months; or have HIV/AIDS
Return of Premium	Have ever had complications of diabetes (such as insulin shock, diabetic coma, or eye, kidney or nerve damage), used insulin before age 50, been diagnosed or treated for kidney failure, renal insufficiency or chronic kidney disease, or had cancer more than once (except basal cell skin cancer)
Return of Premium	In the past 2 years: were diagnosed or treated for angina, stroke, TIA, cardiomyopathy, lupus (SLE), cirrhosis, hepatitis C, chronic hepatitis, chronic pancreatitis, COPD, emphysema or chronic bronchitis, or needed oxygen; had a heart attack or aneurysm, or had (or were advised to have) heart, brain or circulatory surgery or a procedure to improve circulation, including a pacemaker or defibrillator; were diagnosed, treated or took medication for any cancer (except basal cell skin cancer); abused drugs or alcohol or were advised to get treatment; or have tests, surgery or a hospital stay a doctor recommended that you haven’t completed or gotten results for
Graded Benefit	In the past 3 years: were diagnosed, treated or hospitalized for a stroke, angina, heart attack, aneurysm, or heart or circulatory surgery or a procedure to improve circulation; were diagnosed, treated, hospitalized or took medication for cancer (except basal cell skin cancer), emphysema, chronic bronchitis, COPD, ulcerative colitis, cirrhosis, hepatitis C or liver disease; or were diagnosed, treated or hospitalized for paralysis of two or more limbs, cerebral palsy, MS, seizures, Parkinson’s or muscular dystrophy
Immediate Benefit	Answer “no” to all of the health questions

Some conditions appear in more than one row, with different time frames. A heart attack, stroke, angina, aneurysm, heart or circulatory surgery, cancer, COPD, emphysema, chronic bronchitis, cirrhosis or hepatitis C is asked about in both the 2-year and 3-year questions. Within the past two years, it points to Return of Premium. Two to three years ago, it points to Graded.

Other conditions are asked about in only one question:

TIA, cardiomyopathy, lupus, chronic hepatitis and chronic pancreatitis are asked about only for the past two years.
Ulcerative colitis, liver disease, paralysis, cerebral palsy, MS, seizures, Parkinson’s and muscular dystrophy are asked about only for the past three years.
Diabetic complications, early insulin use, kidney disease and repeat cancer are asked about with no time limit.

Even a single “yes” answer or prescription match can mean a Graded plan, a Return of Premium plan or a denial.

The application also has a box you can check to say you’ll accept whichever plan you qualify for. If it’s checked, the company can issue a lower plan without asking you to sign anything new. Always ask which plan you were actually approved for.

Waiting periods and benefit limits

The biggest misunderstanding in the entire final expense market comes down to waiting periods.

With American Amicable’s final expense policies, only the Immediate Benefit plan pays the full benefit from day one. Here’s what a death from natural causes would pay on a $10,000 Senior Choice policy:

If death from natural causes happens in	Immediate Benefit	Graded Benefit	Return of Premium
Year 1	$10,000	$3,000	Premiums paid plus 10% interest
Year 2	$10,000	$7,000	Premiums paid plus 10% interest
Year 3	$10,000	$10,000	Premiums paid plus 10% interest if you were under 65 when the policy started; $10,000 if you were 65 or older
Year 4 and later	$10,000	$10,000	$10,000

An accidental death pays the full $10,000 on every plan from day one.

If you want true first-day coverage, you have to qualify for the Immediate Benefit plan, which means answering “no” to all of the health questions. For families counting on coverage to pay for a funeral, a waiting period can be devastating. Our guide to burial insurance with first-day coverage explains how to find it.

The term policies don’t have graded or waiting-period versions, but some of their riders have their own waiting periods:

The unemployment premium waiver doesn’t pay for the first 24 months.
The confined care benefit requires the nursing home stay to start at least 30 days after the policy is issued.
The disability riders don’t pay for the first 60 days of a disability.

Riders and optional add-ons

Some riders are included at no extra cost. Others raise your premium. What’s available depends on the product, the plan and your state.

Senior Choice riders

Rider	Cost	Plans	What it does
Terminal Illness Accelerated Benefit	Included	All	Pays up to 100% of the death benefit early if you’re expected to live 24 months or less (12 months in some states). A $150 charge and an adjustment reduce the payment.
Confined Care	Included	Immediate only	Pays up to 5% of the death benefit each month if you’re confined to a nursing home at least 30 days after the policy is issued. It reduces the death benefit. Not available in every state.
Nursing Home Waiver of Premium	Extra cost	Immediate only	Waives your premiums after you’ve been in a nursing home for 90 days in a row.
Accidental Death Benefit	Extra cost	Immediate and Graded	Pays an extra benefit, up to the policy’s face amount, if you die in an accident.
Children’s Insurance	Extra cost	Immediate and Graded	Term coverage of $3,000 per unit (up to 2 units) for your children, for buyers ages 50 to 60.
Grandchild	Extra cost	All	$5,000 per unit (up to 2 units) for grandchildren and great-grandchildren through age 20, with the right to buy more coverage later regardless of health.

Term Made Simple and Easy Term riders

Rider	Cost	What it does
Terminal Illness Accelerated Benefit	Included	Up to 100% of the death benefit early if you’re expected to live 24 months or less (12 in some states)
Chronic Illness Accelerated Benefit	Included	Up to 25% of the death benefit per year (up to 95% or $150,000 in total) if you can’t do two daily activities or have severe cognitive impairment
Confined Care	Included	2.5% of the death benefit per month, up to $5,000, while you’re in a nursing home. Not available in every state.
Critical Illness	Extra cost	Pays 25%, 50% or 100% of the death benefit early (up to $100,000) for illnesses such as heart attack, stroke, invasive cancer and kidney failure. Ends at age 70 on Term Made Simple.
Disability Income	Extra cost	Monthly benefit of 2% of the death benefit, up to a set maximum, for up to two years after a 60-day wait
Waiver of Premium	Extra cost	Waives premiums if you become totally disabled. Can’t be combined with the critical illness rider.
Unemployment Waiver of Premium	Extra cost	Waives up to six months of premiums if you lose your job, after a 24-month waiting period
Children’s Insurance	Extra cost	$3,000 per unit, up to five units, for buyers ages 18 to 50
Accidental Death Benefit	Extra cost	Up to $200,000 or five times the face amount, whichever is less; ends at age 65

Accelerated benefits reduce the death benefit your family receives, and they may be taxable or affect Medicaid eligibility. Read the rider disclosure before you use one.

The Everest funeral concierge services are covered in the Platinum Solution section above.

Pricing and cost factors

Your premium depends on your age, sex, tobacco use, state, the product, the amount of coverage, which plan or price class you qualify for, and any riders you add. Every policy also has a yearly policy fee built into the price.

Final expense policies

Senior Choice rates are locked for life, meaning your price and coverage never change as long as premiums are paid. That’s a good feature.
The plan you end up in matters most. The Graded and Return of Premium plans cost more than the Immediate plan for the same coverage, and they pay less if you die during the waiting period.
Senior Choice’s tobacco question doesn’t count occasional cigar or pipe use.

Term policies

Term Made Simple has three price classes; Easy Term has one.
Both get cheaper per $1,000 once you buy past a certain coverage amount ($250,000 for Term Made Simple, $75,000 for Easy Term).
Easy Term’s return-of-premium version costs more in exchange for getting 75% of your base premiums back if you outlive the term.
After the level period ends, the premium goes up every year.

All products

Riders like accidental death or child coverage increase your premium.
American Amicable can set up your bank draft to come out on the day your Social Security payment arrives.
You’ll need a quote to see your actual premium. To compare fairly, look at the same coverage amount and the same type of plan from several companies: first-day coverage against first-day coverage.

Customer service, complaints and claims

Contacting American Amicable

American Amicable’s main toll-free number is 800-736-7311. Its mailing address is P.O. Box 2549, Waco, TX 76702, and its website is americanamicable.com.

How claims and payouts actually work

When a policyholder dies, the beneficiary sends American Amicable a claim form and a certified death certificate. The company may ask for more information, such as medical records, if the death happens in the first two years.

Those first two years are called the contestability period. If the death happens during that time, the company can review the application and deny the claim if important health information was left out or misstated.

On the Graded and Return of Premium plans, a natural death during the waiting period pays only the reduced amount or the premium refund. Many families only discover during the claim that the coverage was limited.

If a beneficiary believes a claim is being unfairly delayed, they can file a complaint with their state Department of Insurance. State regulators have the authority to step in and require insurers to respond.

Complaints and customer reviews

Some online reviews describe:

thinking they had full coverage, then learning it was a Graded or Return of Premium plan
billing and bank draft problems
trouble canceling a policy
slow responses from customer service

Measure	Result	Where to check
AM Best financial strength	A (Excellent), affirmed in 2026	AM Best
Better Business Bureau	Grades change; check the current profile	BBB.org
NAIC complaint index	Changes every year; check the latest report	NAIC Consumer Insurance Search
State complaints	File or look up complaints	Your state Department of Insurance

The fine print about waiting periods and reduced benefits is often buried in paperwork that few seniors ever read. That’s why consumer education matters more than ever.

Common misunderstandings and sales tactics

Most confusion around American Amicable comes from how its products are marketed, not from the contract itself.

Ads from agents and call centers often promise “no exam,” “easy approval” or even “state-regulated coverage.” Those phrases sound reassuring, but they often lead to misunderstandings.

Many seniors believe “no medical exam” means automatic full coverage. It doesn’t. The company still decides based on your health answers, prescription records and other checks, and you can still be placed in a plan with a waiting period without realizing it.

Another sales tactic is emphasizing the word guaranteed. Agents often say “guaranteed acceptance,” but none of American Amicable’s policies described in this review is guaranteed acceptance. Even the Senior Choice Return of Premium plan can turn you down based on your health answers, and its tradeoff is a waiting period of at least two years with no full payout if you pass away early.

These tactics work because they sound official and urgent. Some mailers even include fake government seals or talk about “state-regulated programs” to build trust. They’re designed to make you respond emotionally, not logically.

How to compare first-day coverage options

Comparing final expense policies can feel overwhelming, but the process is simple when you know what to look for.

Check if the plan is truly first-day coverage. If the brochure says “graded” or “return of premium,” there’s a waiting period. Always ask if your full death benefit starts immediately.
Review the health questions carefully. Some companies have a short questionnaire; others ask in-depth questions about hospital visits or medications. The stricter the questions, the fewer people qualify for full coverage.
Look at the company’s claim reputation. Research complaint ratios through the NAIC, or ask your broker about claim turnaround times. Fast payouts matter when families are under stress.
Ask to see actual rates from multiple carriers. Never buy from an agent who only shows one company. Independent brokers can show several options side by side, helping you compare prices and benefits.
Confirm the company’s financial strength. Stick with A-rated insurers from AM Best. A strong rating is a good sign the company will be around to pay your claim decades from now.

Evaluation Point	Good Sign	Red Flag
Coverage Type	Immediate Full Benefit	Two Year Waiting Period
Agent Type	Independent Broker	Captive Call Center Agent
Underwriting	Flexible Health Questions	Strict or Automatic Downgrade
Transparency	Publishes Rates and Policy Terms	Hides Costs Until After Application

When you know what to look for, it’s easy to separate the good companies from the bad. If you’re unsure which plan best fits your needs, call 888-862-9456 or visit www.FEXGUY.com for a free comparison quote. It takes five minutes to find out if you qualify for first-day coverage that never expires.

What Randy thinks about American Amicable

This section is my professional opinion, based on 11 years as an independent life insurance broker.

Its underwriting is stricter than many carriers I work with

In my experience, American Amicable is generally stricter than many of the carriers I work with.

My biggest concern is its three-year lookback for conditions like heart attack, stroke, angina, aneurysm, heart or circulatory surgery, certain cancer treatment, COPD and several neurological conditions. Inside that window, you’ll usually get the Graded plan. Within two years, it’s often the Return of Premium plan.

Many competing final expense carriers use a two-year lookback for similar conditions. Some carriers I work with may offer first-day coverage for certain applicants with a history of heart attack, aneurysm or pacemaker placement, depending on eligibility. So someone American Amicable would put in a Graded or Return of Premium plan may qualify for immediate coverage somewhere else.

In my experience, the vast majority of the people I help qualify for first-day coverage. A skilled broker like the Final Expense Guy knows how to match health conditions to the right carrier.

It’s an expensive choice

I haven’t found American Amicable to be less expensive than the other carriers I compare it against. In my professional opinion, it’s an expensive choice for final expense insurance, and its premiums can be significantly higher on its Graded and Return of Premium plans.

I’m especially critical of those two plans. In my opinion, the Return of Premium version is a terrible plan. If you have to accept a reduced death benefit for the first few years anyway, there’s little reason to pay substantially more for it. When someone qualifies only for one of those plans, I generally find better value with other insurers.

For example, someone considering American Amicable’s Return of Premium plan may be better served by Gerber Life’s guaranteed issue whole life policy, depending on their age, health, coverage needs and actual quotes. Gerber’s policy asks no health questions and has a two-year waiting period, but it’s only available to ages 50 to 80, with coverage from $5,000 to $25,000.

If you qualify for first-day coverage elsewhere, paying extra for the same benefit doesn’t make sense. Most families would rather put those extra dollars toward groceries or bills.

Skip the bundled extras

The Everest concierge services that come with Platinum Solution can help a family that doesn’t know where to start. From selling and comparing these products, I know Platinum Solution costs more because the Everest services are bundled into the policy. That makes an already expensive product even more expensive. It’s a similar approach to the one Lincoln Heritage uses.

I generally recommend putting those premium dollars toward more life insurance instead. Your family can call several funeral homes, compare prices themselves and potentially save thousands of dollars without paying for a service package. Even a small extra cost each year adds up over the life of the policy.

The same goes for most riders on small burial policies. They can sound comforting, but they rarely justify the cost. The accidental death rider is especially oversold. It only pays if you die from a qualifying accident, not illness, which is how most people pass away. Focus on strong first-day coverage instead of paying extra for add-ons you’ll never use.

Who American Amicable is best for

American Amicable fits a narrow group of buyers who don’t mind overpaying on a plan for the rest of their life. Its stricter underwriting results in higher pricing and, even worse, waiting-period plans that cost more and pay less.

In my experience, American Amicable offers competitive smoker rates, although it isn’t always the cheapest option for smokers.

American Amicable should never be your first choice unless every other option is off the table.

Best For	Not Ideal For
Applicants with serious health conditions	Healthy applicants who can qualify for day one coverage
People declined by other carriers	Seniors seeking the lowest possible price
Those who understand waiting periods	Buyers who want transparent, instant quotes
Families needing small coverage amounts	Anyone expecting immediate full payout protection

American Amicable serves a purpose, but it’s not the most consumer-friendly option in the market.

Better alternatives

If your goal is real first-day coverage, there are better choices than American Amicable. In my experience, these companies approve more applicants for immediate benefits and often offer the same protection at a lower cost.

Aetna has one of the most flexible final expense programs in the market. Its underwriting accepts many common health issues, such as controlled diabetes, mild COPD or high blood pressure. Its Level Benefit plan gives most seniors a fair chance at first-day coverage, and approval is fast, often completed within minutes.

Family Benefit Life specializes in simple whole life insurance with straightforward underwriting. Its final expense plan is known for its leniency toward conditions such as high cholesterol or past minor surgeries. In my experience, the company is small but highly responsive, claims are handled quickly, and its rates are among the most competitive for seniors between 55 and 75.

Trinity Life Insurance Company offers full first-day coverage for most applicants in fair health. In my experience, Trinity is more forgiving with applicants who use insulin or have moderate heart conditions, situations where American Amicable would likely apply a waiting period. It also offers flexible payment options and quick e-applications through licensed brokers.

CICA Life Insurance Company is another final expense company worth comparing. Its underwriting and pricing differ from American Amicable’s, so it’s worth getting a CICA quote alongside the others before you decide.

Each of these companies is transparent about its health questions and pays full benefits immediately for the majority of qualified applicants.

Final verdict: should you buy American Amicable life insurance?

American Amicable is a legitimate, financially stable life insurance company with more than a century of experience. It’s not a scam, and it pays valid claims.

For most seniors, American Amicable isn’t the strongest choice.

The company’s underwriting rules are strict, which means many people who could qualify for first-day coverage elsewhere end up in a plan with a waiting period of at least two years without realizing it.

In my experience, the rates are also higher than comparable options from the other carriers I compare it against. That extra cost might seem small each month, but over time it adds up.

Paying more for a policy that pays less doesn’t make sense for most families.

If you’re in moderately poor to fair or good health, there are better choices.

To compare your real first-day coverage options, call 888-862-9456 or visit www.FEXGUY.com. You’ll see exactly what you qualify for before spending a penny.

American Amicable Life Insurance Review: Products, Pros & Cons

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