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American Amicable Review [Top Simplified Issue Life Insurance]

American Amicable Review

American Amicable is one of our top 10 no exam life insurance companies. But what makes American Amicable such a great life insurance company?

The following American Amicable review will help you understand what sets them apart and why they might be the right insurance company for you if you are considering going the route of a no medical exam life insurance policy.

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About American Amicable

American Amicable was first started in 1910 in Waco, Texas. In 2010, the company was bought by Industrial Alliance – the company’s first big expansion acquisition. American Amicable proudly offers many innovative life insurance products, including one of its most exciting policies, Term Made Simple.

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 for excellent.

How 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 prospect for the future. A.M. Best has 15 rating categories.

A is the 3rd highest of them all and getting in the top 3 is very difficult. But American Amicable did it and that’s one of the reasons we rank American Amicable in 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 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 lasts for a predetermined amount of time so long as you continue to pay your premiums. Usually the term length is between 10-30 years.

What does Term Made Simple offer?

The main features for Term Made simple include:

  • 10, 15, 20 and 30 year terms
  • Death benefit of $50,000 up to $400,000
  • Upon end of 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
  • Riders 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 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

The question weighing on your mind is now whether or not American Amicable is a good life insurance company. We’ll answer that for you: yes, they are. In fact, they’re a great life insurance company.

The real question, however, isn’t whether American Amicable is a good or even great life insurance company.

The question is are they a great company for you.

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

There are many life insurance companies that offer great products. We have listed our top 10 no medical exam life insurance, but they aren’t in any particular order, and to be honest, there are a few more companies we think deserve to be on the list as well!

The truth is, there are many great life insurance companies out there. But to find the one that is best for you, you must do a lot of research.

The other option is to turn to specialized life insurance experts who are not associated with one particular life insurance company. Imagine you ask an American Amicable life insurance company representative which life insurance company will be best for you.

Of course his/her answer will be: American Amicable! Instead, ask an expert who has diverse knowledge of many life insurance companies and who has no interest in pushing one life insurance company on you over another.

Sounds like a dream? Perhaps an impossible dream? A dream, yes – but an impossible one? No!

Insurance Brokers USA offers a team of life insurance experts. We work with (not for!) dozens of the best life insurance companies in the United States. We work for our customers, though – you, the consumer.

Our goal is to use our knowledge-base to help you find the best life insurance policy for you…at the best rate! We love American Amicable, and if they are the right life insurance company for you, then we’ll tell you that. But, if there is another company we feel can offer you a better policy, we’ll tell you that too!

Do you want to know more about how Insurance Brokers USA can help you find a top no medical exam life insurance policy? If so, call us today!

4 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.



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