Buying life Insurance is already not the easiest task to do but it doesn’t become easier with all the options out there. Don’t worry because we are here to help you and to make life insurance simple! Acacia Life Insurance Company is one of the many life insurance companies in the marketplace. With so many choices it can be harder to know which company is going to be the best. Our mission is to make life insurance simple and to do that we make our reviews 100% unbiased and purely filled with information. With that being said, if you are looking for some solid information about Acacia Life Insurance Company then you have come to the right place. In this article, we will be discussing how Acacia Life Insurance is Ameritas now, as promised our review of them, and then we will discuss their products with highlights. The following are some key points from this article;

1. You might have searched the web for some information about Acacia Life Insurance Company and probably realized that there isn’t a lot out there about the company and that is because they merged in 2013 with Ameritas. Ameritas for over 125 years and has had the same commitment to offering trusted, valued, and proven insurance to their millions of customers. 
2. They offer a wide variety of life insurance products such as term life, whole life, universal life, index universal life, and variable life. They not only offer life insurance products but they also offer dental, vision and hearing insurance products as well as retirement plans and disability income.
3. According to A.M Best, Ameritas Life is rated “A” for excellent, which is the third highest score one could have by A.M Best out of the 15 ratings. Standard & Poor’s have also rated Ameritas an “A+” for strong, which is the fifth highest of S&P’s 21 ratings. 

Acacia Life Insurance Company and Ameritas Life Insurance Company

You might have searched the web for some information about Acacia Life Insurance Company and probably realized that there isn’t a lot out there about the company and that is because they merged in 2013 with Ameritas. Ameritas for over 125 years and has had the same commitment to offering trusted, valued, and proven insurance to their millions of customers.

Ameritas was founded on April 6, 1887, but were called The Old Line Bankers Life Insurance Company of Nebraska then. It wasn’t until 1988 when Bankers Life decided to change their name to Ameritas Life Insurance Corp. to reflect its broad product line and national scope. They adopted the American bison to be their new logo because it suggests strength and represents a Midwestern heritage and work ethic. Ameritas Mutual Holding Company was formed in 1988.  Ameritas merged with Union Central Mutual Holding Company and was renamed UNIFI Mutual Holding Company in 2006. In 2012, UNIFI Mutual Holding Company changed their name to Ameritas Mutual Holding Company as a way to the enterprise-wide initiative to leverage the collective strengths of its various companies under the Ameritas brand. They also modernized their bison logo and adopted the fulfilling life tagline in 2012 and in 2013, Acacia Life and Union Central Life merged into Ameritas Life.

Giving Back

This isn’t groundbreaking news of Ameritas but it can help some know that their heart is in the right place. Just like many other life insurance companies, Ameritas Life takes great pride in their community involvement. They volunteer their time, talent and expertise to make a difference and serve local community boards. They also participate in fundraisers to impact young lives through mentoring programs. Ameritas gives back to their community one hour at a time with their Hours Project. The concept behind the project is to share an amazing story of Ameritas associates’ who are committed to volunteering in the communities where they live and work. In total, the company’s associates have been involved in more than 400 projects in 2015 alone and have logged over 24,000 hours of community service.

Acacia or Ameritas Life Insurance Company Review 2017

Ameritas Life Insurance Company has been around for over 125 years and is one of the many top “A” rated companies. Their mission is to help make the lives of their customers and of their families better by offering proven, trusted and valued insurance and financial solutions over lifetimes. They offer a wide variety of life insurance products such as term life, whole life, universal life, index universal life, and variable life. They not only offer life insurance products but they also offer dental, vision and hearing insurance products as well as retirement plans and disability income. According to A.M Best, Ameritas Life is rated “A” for excellent, which is the third highest score one could have by A.M Best out of the 15 ratings. Standard & Poor’s have also rated Ameritas an “A+” for strong, which is the fifth highest of S&P’s 21 ratings.

Why you should always read a company’s rating

Reading a company’s rating is super important to know as a consumer. If you think about it, do you really buy a product from Amazon that has less than 3 or 4 stars? No, the reviews are probably bad and the product is disappointing, so why would you give money to a company with a bad rating? Life Insurance companies ask rating agencies to analyze their financials to come up with a rating. The rating agencies such as S&P and A.M Best have your best interest in their mind, they provide this kind of information to inform you of the company’s financials before you start investing. If a company has a bad rating it means that the company is not capable of standing on their own for much longer or doesn’t have the money to pay out a policy. Those are the two most important things because if a company is not able to stand on their own and something that affects the environment such as a market crash happens the company won’t know how to react and they would fail or file bankruptcy. Either way, your policy will be gone like the wind if the company picks up and leaves. If the company doesn’t have enough money they will not be able to pay out your policy and why would you pay for life insurance if your family can’t use the payout when you pass away? You can simply foretell the life of the company by simply looking at their rating, it’s there for you to read not for them it’s for you! So long story short, take the time and read a company’s rating before investing your money!

Ameritas Life Insurance Company’s Products

Ameritas Life Insurance Company like we mentioned before offers a wide selection of life insurance products which is perfect for consumers since they hit many different needs and lifestyles.

Keystone Term Life Insurance

• Term life is a form of temporary life insurance and only provides coverage for a short and specified period of time.
• This time length that you would remain covered for is called “term”.
• The different term lengths are 1, 10, 15, 20, or 30-years for these policies.
• Term life insurance is the most affordable of all the types of insurance in the marketplace.
• Your coverage is flexible.
• Each Keystone Term plan is annually renewable to age 100 regardless of your health.
• Death benefits with this product are guaranteed and are also fixed which means that your death benefits will never decrease.
• With Keystone Term, you have the opportunity to convert from a term life policy into a permanent life insurance policy without having to prove good health or undergo a medical exam.
• Policy riders that you can add are; Accidental Death Benefit, Children’s Insurance Rider, Accelerated Death Benefit, and Waiver of Monthly Deduction Rider.

Keystone Whole Life Insurance

• Whole life is a form of permanent life insurance and provides coverage for you guessed it, your WHOLE life!
• Keystone Whole life also guarantees cash value growth and accumulation.
• While your cash value is growing it can also be accessible through loans.
• Keep in mind that if you borrow against your policy or take out a loan from your policy’s cash value you will have to pay it all back.
• Your death benefit is also income tax-free.
• Your cash value build up from this product will also be tax-free.
• There is also a potential for dividends to enhance your death benefit or cash value.
• Death benefits with this policy will not be less than $25,000.
• Optional policy riders are; Guaranteed Insurability, Accidental Death Benefit, Children’s Insurance Rider, Flexible Paid-Up Rider, One-Year Term, and Care4Life.

Keystone Foundation Whole Life Insurance

• This product is also a whole life insurance product so you will have coverage for your whole life.
• Cash value is guaranteed with Keystone Foundation.
• There is also a potential for dividends to enhance your death benefit or your cash value.
• Your death benefits are income tax-free as well as your cash value build up.
• Optional policy riders are; Guaranteed Insurability, Accidental Death Benefit, Children’s Insurance Rider, Flexible Paid-Up Rider, One-Year Term, and Care4Life.

Excel Essential Universal Life Insurance

• Universal life is another form of permanent life insurance and does provide coverage for your entire life but it also allows for flexibility.
• Payment of the minimum no-lapse premium will ensure a guaranteed death benefit for 15 years.
• After the 15-year guarantee, as long as there is a cash surrender value of at least $1 in your policy, then it will remain in force.
• You can build cash value over time and have access to this cash value build up through loans.
• You have the flexibility to choose when and how much to pay for your premiums because life changes and so should your premiums.
• Death benefit and cash value build up are income tax-free.
• Optional policy riders are; Children’s Insurance, Insurance Exchange Rider, Total Disability Benefit rider, Care4Life Acceleration Rider, and Terminal Illness Acceleration Rider.

Excel Plus Index Universal Life Insurance

• Index Universal life is another form of permanent life insurance which provides coverage for your entire life, flexibility like a traditional universal life policy and offers an investment option for additional cash value growth.
• You can build cash value over time.
• The interest on your cash value is linked or in part to the market indexes.
• Your interest rate will never be lower than 2%.
• Your death benefit is tax-free.
• You can access your cash value if you borrow against your policy or through a loan.
• You can also enjoy the same flexibility as a traditional universal life insurance policy and choose how and when you would like to pay your premiums.
• Optional policy riders are; Children’s Insurance, Insurance Exchange Rider, Total Disability Benefit rider, Care4Life Acceleration Rider, and Terminal Illness Acceleration Rider.

Excel Performance Variable Universal Life Insurance

• Variable Universal life is yet another form of permanent life insurance in which still provides coverage for your entire life, is still flexible but offers more investment options than an index universal policy.
• This policy offers income tax-free death benefit.
• A portion of each premium you pay can be invested in your choice of investment options.
• You will be provided investment management tools free of cost to help you evaluate, select, and manage your investment options.
• You will have to manage your time with this policy because it will need your undivided attention.
• Cash value can still be built and accumulated.
• You can also access the cash value through loans or you can borrow against your policy.
• Optional policy riders are; Children’s Insurance, Insurance Exchange Rider, Total Disability Benefit rider, Care4Life Acceleration Rider, and Terminal Illness Acceleration Rider.

Work with us!

You still have other options when it comes to buying life insurance because again, there are so many options out there. Ameritas is one of the best life insurance companies but may not be the best for you and that’s okay. The best life insurance has to reflect your specific needs, health, and lifestyle and what one person’s best life insurance company may not be the same for you. Life insurance is not a one size fits all kind of thing and you should always look at all the options you have. We always recommend our clients to shop around for quotes because you honestly will never know maybe you will get a better offer with another company. If you have 30 seconds go below this article and fill out our super quick and easy quote engine so that you can see for yourself what top rated companies have to offer. Or you can take advantage of our FREE services and give us a call so we can do all the shopping for you. Not only will we not give up until we find you the best life insurance company but we will also do the necessary application for you to get coverage.

The post Acacia Life Insurance appeared first on Insurechance.com.