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American Amicable Review [Top Simplified Issue Life Insurance]

American Amicable Review

American Amicable is among the top 10 no-exam life insurance companies. But what distinguishes American Amicable as an exceptional life insurance company?

Our American Amicable review can help you comprehend what sets them apart from the rest and why they may be the right fit for you if you’re considering a no-medical exam life insurance policy.

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About American Amicable

American Amicable has a rich history that began in 1910 in Waco, Texas. Throughout the years, they have become one of the most respected life insurance providers in the industry. In 2010, Industrial Alliance made a significant acquisition by purchasing the company, marking its first major expansion.

American Amicable’s commitment to innovation is evident in its wide range of life insurance products. One of their most exciting policies is Term Made Simple, which offers flexible coverage options without the need for a medical exam. This policy is ideal for individuals who want coverage quickly without the hassle of a traditional life insurance application process.

With over a century of experience, American Amicable has proven to be a reliable and trustworthy life insurance company that offers innovative solutions to meet the needs of its clients. Their commitment to excellence and customer satisfaction has earned them a spot as one of our top 10 no-exam life insurance companies.

American Amicable Ratings

American Amicable has been reviewed and rated through a thorough review process designed by A.M. Best Company. A.M. Best is one of the most renowned rating organizations out there, so their word is pretty much gold. American Amicable’s A.M. Best Company rating is an “A”. Just like in your school days, “A” is excellent.

How many criteria does A.M. Best use? To understand just what an A rating for American Amicable means, it helps to understand the rating process and scorecard. A.M. looks at various factors, including but not limited to financial strength, customer satisfaction, stability, and prospects for the future. A.M. Best has 15 rating categories.

A is the third highest of them all, and getting in the top three is very difficult. But American Amicable did it, and that’s one of the reasons we rank American Amicable among the top 10 no-exam life insurance companies.

American Amicable No Medical Exam Life Insurance

American Amicable offers both exam and no medical exam life insurance policies. For the purpose of this article, we are looking at the no physical or medical exam life insurance policies. Hence, we will tell you about American Amicable’s Term Made Simple policy.

Term Made Simple

To put it “simply”, Term Made Simple is a term life insurance policy that requires:

  • No physical exam
  • No blood work

It also means that you will pay the same rate for the entire term of the policy.

This is a lot different from other life insurance policies that may raise the rate as you age every year or every five-year increments.

What to check out American Amicable quotes? Check out the best exam and no-exam life insurance quotes today!

What you will have to do in order to qualify for Term Made Simple:

  • Answer some questions
  • Provide a background check about prescriptions
  • Show your driving record/ motor vehicle report
  • Provide background info from the Medical Information Bureau
What is a Term Life Insurance Policy?

A term life insurance policy is a type of life insurance that provides coverage for a specified period of time, or “term,” such as 10, 20, or 30 years. If the policyholder dies during the term, the death benefit is paid out to their beneficiaries.

Term life insurance policies are often popular because they tend to be more affordable than permanent life insurance policies, such as whole life or universal life insurance. This is because they provide coverage for a set period of time, and do not accumulate cash value like permanent policies.

Term life insurance policies can be ideal for people who have specific financial obligations or goals that they want to protect for a certain period of time. For example, someone with young children may want a term policy to ensure that their children are taken care of until they are old enough to be self-sufficient.

What does Term Made Simple offer?

The main features of Term Made Simple include:

  • 10, 15, 20 and 30 year terms
  • Death benefit of $50,000 up to $400,000
  • Upon the end of the guaranteed term, the policy can be renewed annually to age 95
  • Various Health Classes. You can qualify for a more affordable premium if you have better health. There are three classes offered by American Amicable:
    • Preferred,
    • Standard and
    • Standard Tobacco
  • Rider options are available. Available life insurance riders include:
    • Accelerated death benefit
    • waiver of premium
    • terminal illness
    • chronic illness
    • conversion option
    • Children’s insurance rider

American Amicable Whole Life Insurance

American Amicable also has a great final expense insurance policy, available for ages 50-85.

Fae amounts vary based on age but range from $2,500 to $35,000.

There are two different benefit options based on your health status: an immediate death benefit and a graded death benefit.

Immediate Benefit

Immediate Benefit is whole life insurance.  With the immediate death benefit, your coverage starts from day one. There is also an Accelerated Benefit Confined Care Rider and Terminal Illness Accelerated Benefit Rider available at no cost.

Graded Benefit

The graded benefit policy is a simplified issue whole life policy. It pays 100% from day one for accidental death, and for natural causes, it pays 30% of the selected face amount the 1st year; in the 2nd year, it pays 70%, and in the 3rd year, it pays 100%. A Terminal Illness Accelerated Benefit Rider is available at no cost.

American Amicable: A Great Choice

You may be wondering whether American Amicable is a good life insurance company. We’re here to tell you that they are not just good but great. However, the important question to ask is whether they are the right fit for you.

Choosing a life insurance company is a personal decision that depends on your specific needs and circumstances. What works for one person may not work for another. So, it’s important to do your research and evaluate what each company has to offer.

Fortunately, there are experts available who can guide you through this process. Insurance Brokers USA, for example, has a team of knowledgeable life insurance experts who work with multiple top-rated insurance companies in the United States. Our goal is to find the best fit for you, not to push you towards a particular company.

Ultimately, the decision of whether American Amicable is the right life insurance company for you is up to you. Take the time to assess your needs, explore your options, and seek guidance from trusted experts.

How do I know which life insurance company is right for me?

There are numerous life insurance companies that offer excellent products. While we have compiled a list of our top 10 no-medical exam life insurance companies, it’s important to note that they aren’t ranked in any particular order. Furthermore, there are several other companies that we believe deserve recognition as well.

The fact remains that selecting the best life insurance company for your needs requires extensive research. However, there’s an alternative approach that you can take, which is to consult with specialized life insurance experts who have broad knowledge of multiple companies and aren’t tied to any particular one.

You may be thinking, “That sounds like a dream – an impossible one!” But the reality is that Insurance Brokers USA offers a team of life insurance experts who work with, not for, dozens of the best life insurance companies in the United States. Our priority is to work for our customers – you, the consumer – and not to push any specific life insurance company. By working with us, you’ll have access to unbiased advice and guidance that can help you find the right policy for your needs.

6 comments… add one
  • Dwight D. K. August 16, 2017, 1:06 pm

    Looking for insurance for myself, 25,000 whole life, premium stays same 06/22/53 male 64 years of age
    also for my wife 12/05/47 69 years of age 25,000 whole life premium stays the same.

    • IBUSA August 16, 2017, 3:13 pm


      We will have an agent reach out to you shortly with some number for you to review.



  • Donna A. August 24, 2022, 10:40 pm

    I take a low dose of warfarin.

    • IBUSA August 25, 2022, 3:33 am


      We’d be happy to help you, just give us a call when you have a chance.



  • Lisa August 5, 2023, 7:07 am

    I’m inquiring for my brother. Is it possible to get a final expenses policy if you have been diagnosed with cancer?

  • IBUSA August 17, 2023, 2:47 pm

    Dear Lisa,

    We want to bring to your attention that based on factors such as your age and the state of your residence, there might be a possibility for you to be eligible for a final expense insurance policy even while undergoing cancer treatment. To explore this further and gather more information, please don’t hesitate to reach out to us by giving us a call.

    We’re here to assist you.


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