Its foundation goes back over 100 years. High volume of dismal customer reviews. .quote-new-360-mda .responsive-mda .mda-contents { margin: 0; } Americo does not offer the option of obtaining a quote online, nor is there further rate information offered. At the end of the day, it doesn’t matter how financially strong an insurance company is, if they fail to deliver quality service and care to their paying customers. GSL is authorized to conduct health insurance business in the District of Columbia and all states except NJ, NY, and VT. These discounts include: An independent insurance agent can help you find exact discounts offered by Americo Life, as well as provide you with quotes and help answer any other questions you may have. Products include life insurance, annuities, and Medicare Supplement plans, with the main market being those who are looking to plan for retirement and final expenses. You can also email Americo, customer.service@americo.com. Expert Insurance Reviews has one simple mission – to help consumers learn about insurance and get free insurance quotes online. Americo offers various products, riders and benefits for private mortgage protection which can be adjusted to suit your individual needs. For those who prefer to select insurance with the help of an agent, Americo may make the list. However, not only is the carrier not currently BBB accredited, but they also received the lowest possible rating through the organization, and have had a concerning number of customer complaints filed against them, one of which they failed to respond to. Concerning number of customer complaints filed against the carrier in recent years. The carrier does not list much of a claims process, nor any sort of official claims response time frame promise. Founded in 1946, Americo Life offers coverage options for individuals looking into retirement or Medicare supplements. The company’s option to file a claim online is not available and the website lacks information regarding the claims process. For seniors, the Medicare Supplemental Insurance and Final Expense Insurance as well as mortgage protection make Americo a good option to consider when planning for retirement. Americo Financial Life and Annuity Insurance Company is headquartered in Kansas City, Missouri. PO Box 410288 Kansas City, MO 64141-0288. Americo is the brand name for insurance products issued by the subsidiary insurance companies controlled by Americo Life, Inc. Products are underwritten by Americo Financial Life and Annuity Insurance Company (AFL) or Great Southern Life Insurance Company (GSL), Kansas City, MO, and may vary in accordance with state laws. She's covered trends, regulations, and company reviews for The Balance since 2012. Official website lacks many features offered by many other modern carriers. Hours of Operation Monday-Friday 8am-5pm Central. @media (max-width: 40em) { Please complete, print, and sign forms. The BBB rating is “A-“, which is not a bad rating. Pay your Americo Financial Life & Annuity bill online with doxo, Pay with a credit card, debit card, or direct from your bank account. Their products include: While Americo Life does not offer as many products as other carriers, if you’re an individual concerned about retirement, they may have exactly the solution you’re looking for. } }. Completed claims forms can be submitted to forms@americo.com.”. Our opinions are our own. Americo Life Cons: Not a BBB accredited company. Pay AMERICO FINANCIAL LIFE INSURANCE with a credit or debit card online using Plastiq, a secure online payment service. There are 5 negative reviews with a total of 31 customer complaints. Americo claims are directed towards the administrative offices. Given its long-standing history, wide reach, and respectable financial size category, Americo Life is considered to be a stable insurance provider with a positive outlook for the future. Americo is the type of company that receives much of its business through agent sales, so most customers are likely to come to them when an agent recommends a product directly. Rate quotes can and must be obtained by contacting a local agent. The company was formerly called known as The College Life Insurance Company. They offer life and vision insurance, and more. A.M. Best, the leading global credit rating agency monitoring the insurance industry, gives Americo Life Insurance an “A” rating, indicating the carrier is an excellent choice for insurance customers. Americo Life, Inc. is the holding company that owns Americo Financial Life and Annuity Insurance Company, considered their lead company, along with others. However, you can fill out a form or call 888.220.7074 to request additional information. We award Americo Life Insurance a final rating of 2.5 out of 5 stars. Quotes and offers are not binding, nor a guarantee of coverage. } Set up one-time and recurring payments in minutes! This information may be different than what you see when you visit an insurance provider, insurance agency, or insurance company website. Final Expense Insurance . Wide reach across the country. Manage all your bills, get payment due date reminders and schedule automatic payments from a single app. Death benefit amounts start at $25,000 and go up to $400,000. ©2020, Consumer Agent Portal, LLC. The Balance uses cookies to provide you with a great user experience. Americo Life allows customers to file claims and inquire about other issues over the phone. While Americo Life unfortunately does not make information about their specific discounts readily available, there are several common discounts offered by many modern insurance carriers on comparable products. The carrier reportedly has a total of 300 employees. A high rating from A.M. Best assures customers that Americo Life is capable of offering guaranteed, secure coverage from a trustworthy and reputable carrier. Americo is the brand name for insurance products issued by the subsidiary insurance companies controlled by Americo Life, Inc. Products are underwritten by Americo Financial Life and Annuity Insurance Company (AFL) or Great Southern Life Insurance Company (GSL), Kansas City, MO, and may vary in accordance with state laws. Americo products are sold across the country through independent agents, but the company headquarters is located in Kansas City, MO.