Aflac Life Insurance Review

Looking for a quality life insurance provider that has a proven history? Look no further, Aflac is your perfect match for a life insurance company.

By: admin Posted: September 28, 2010 Filed under: Life Insurance

The Good

Generally Lower Premiums • Excellent Customer Support • Recognizable Brand • High Custumer Satisfaction

The Bad

As Mentioned, Longer Response Times. • Does Not Really Offer the One on One Help a Smaller Company Would.

Overview

Aflac provides term life insurance, whole life insurance, or a combination of both to fit your specific needs. Most polices will allow for coverage up to $200,000 and $100,000 if the applicant happens to be over the age of 50. Simple health questions are required during the application but no medical exam or blood test is required for approval.

Policies / Plans

Term Life Insurance- Aflac’s Term Life insurance usually is offered for 20 or 30 years and expires after the end of the term. Most of the time no renewal is given.

Whole Life Insurance- Provides a death benefit plus an investment aspect that can borrowed collected or used to pay off the premiums for the policy. Lasts until a premium is not paid. Insurance riders can be provided to cover children under a whole life insurance policy with Aflac.

Pricing / Rates

Aflac offers fairly competitive rates for life insurance policies. Based on random specifications provided, a premium of $201 monthly was the rate we received. A few other competitors provided rates of $250, $267, and $298. So depending on your individual needs and history, Aflac probably will offer a lower premium.

Getting A Quote

Getting a quote from Aflac is extremely easy. You can go to their website and get a quote within fifteen minutes. All that is required is you fill out a form based on your history, age, and wishes for your life insurance policy.

Customer Service

Costumer Service - At Aflac customer service both a blessing and a curse. Since the company is so huge don’t expect to get a response right away. Response and wait times are not absurd or abnormal but expect to wait a few minutes on the phone for a response. However, on the flip side, for the most part, Aflac’s support and customer service are extremely knowledgeable. They are quick to fix any and all problems and are very polite and respectful.

Summary

Overview:

While an annoying duck that screeches “Aflac” may not be the most attractive way to bring attention it certain does the job. Founded in 1955, Aflac has grown to become a well-respected and rated life insurance company in the United States. Aflac employs over 60,000 licensed agents and provides insurance to about 40,000,000 people nationwide. Aflac provides term life insurance, whole life insurance, or a combination of both to fit your specific needs. Most polices will allow for coverage up to $200,000 and $100,000 if the applicant happens to be over the age of 50. Simple health questions are required during the application but no medical exam or blood test is required for approval.

Policies / Plans Rating:

9.5

Policies / Plans:

Term Life Insurance- Aflac’s Term Life insurance usually is offered for 20 or 30 years and expires after the end of the term. Most of the time no renewal is given. Whole Life Insurance- Provides a death benefit plus an investment aspect that can borrowed collected or used to pay off the premiums for the policy. Lasts until a premium is not paid. Insurance riders can be provided to cover children under a whole life insurance policy with Aflac.

Pricing / Rates Rating:

8.5

Getting A Quote Rating:

9.8

Getting A Quote:

Customer Service Rating:

9.6

Overall Rating:

9.50

Based on the aspects of Aflac mentioned, Aflac is a definite top five option for life insurance. With excellent returns, low premiums and superb customer, there really is nothing else a company could possibly offer that you need. If you haven’t looked into Aflac, then you definitely should consider to get a quote for a life insurance policy.