AIG vs. American Amicable: Top Life Insurance in 2024
In a comparison of AIG vs. American Amicable, American Amicable came out on top. AIG is more well-reviewed by A.M. Best. American Amicable offers more affordable rates to men of various ages. American Amicable also offers more affordable rates to women of various ages. American Amicable is far more well-reviewed by the Better Business Bureau.
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Leslie Kasperowicz
Farmers CSR for 4 Years
Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent several years as a Farmers Insurance CSR, gaining a solid understanding of insurance products including home, life, auto, and commercial and working directly with insurance customers to understand their needs. She has since used that knowledge in her more than ten years as a writer, largely in the insur...
Farmers CSR for 4 Years
UPDATED: Mar 17, 2024
It’s all about you. We want to help you make the right life insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.
UPDATED: Mar 17, 2024
It’s all about you. We want to help you make the right life insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- American Amicable offers more affordable rates to men and women of various ages than AIG
- American Amicable is more well-reviewed by the Better Business Bureau than AIG
- AIG is more well-reviewed by A.M. Best than American Amicable
Comparing life insurance companies can prove exhausting. To make things easier, we will be focusing on AIG vs. American Amicable life insurance company.
In our AIG vs. American Amicable life insurance review, we will be covering both company pricing and company ratings.
Before we dive into our AIG vs. American Amicable comparison, type your ZIP code into our free and helpful tool above. You will find the best life insurance rates in your area.
AIG vs. American Amicable: Which company offers more affordable rates to men?
Most people start with pricing when it comes time to compare life insurance companies.
Let’s now take a look at a table that compares the rates offered to various ages by major life insurance companies including AIG (American General) and American Amicable.
| Company | Age 30 Average Monthly Rates | Age 40 Average Monthly Rates | Age 50 Average Monthly Rates | Age 60 Average Monthly Rates |
|---|---|---|---|---|
| Protective | $20.21 | $28.38 | $75.68 | $205.97 |
| Banner | $20.12 | $32.68 | $74.39 | $205.97 |
| AIG | $20.24 | $30.62 | $77.76 | $213.57 |
| Foresters | $21.00 | $31.50 | $79.19 | $223.56 |
| Accordia Life | $27.15 | $40.05 | $105.47 | $300.38 |
| American Amicable | $20.48 | $27.68 | $51.08 | $128.93 |
| Liberty Mutual | $33.75 | $55.13 | $144.68 | $399.83 |
| Lincoln | $12.34 | $15.22 | $30.96 | $71.95 |
| Nationwide | $16.02 | $21.36 | $53.85 | $180.23 |
| MassMutual | $13.28 | $16.98 | $35.03 | $82.65 |
| Mutual of Omaha | $13.33 | $19.35 | $33.33 | $80.84 |
| Cincinnati | $13.42 | $18.70 | $32.56 | $78.98 |
| Fidelity Life | $19.14 | $25.01 | $54.59 | $73.92 |
| John Hancock | $14.09 | $16.96 | $28.41 | $88.14 |
| Haven Life | $23.45 | $31.20 | $85.47 | $245.67 |
Is it easy to find affordable AIG vs. American Amicable life insurance quotes?
Looking at the section for men in their 30s, you’ll see that AIG vs. American Amicable life insurance rates are nearly tied. Regarding those men in their 40s, AIG is about $3 more expensive per month.
For men in their 50s, AIG is about $26 more expensive per month. Lastly, for men in their 60s, AIG is about a whopping $85 more expensive per month.
So, when it comes time to buy AIG vs. American Amicable life insurance, you now have a reason to go with American Amicable.
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Which company offers more affordable rates to women?
We will now engage in a process similar to what was done in the previous section.
This time, though, we” be focusing on the rates offered to women of various ages by companies including AIG and American Amicable.
Average Monthly Life Insurance Rates for Females by Age and Company (20-year Term $500,000 Policy)| Company | Age 30 Sample Monthly Rates | Age 40 Sample Monthly Rates | Age 50 Sample Monthly Rates | Age 60 Sample Monthly Rates |
|---|---|---|---|---|
| Protective | $17.63 | $24.94 | $55.47 | $139.32 |
| Banner | $17.11 | $25.49 | $55.47 | $145.00 |
| AIG | $17.21 | $27.16 | $63.06 | X |
| Foresters | $18.81 | $27.13 | $57.75 | X |
| AccordiaLife | $24.48 | $34.71 | $76.99 | $195.80 |
| AmericanAmicable | $16.88 | $22.50 | $37.80 | $88.88 |
| Liberty Mutual | $25.20 | $42.53 | $107.78 | $250.65 |
| Lincoln | $16.10 | $21.22 | $37.41 | $74.81 |
| Nationwide | $16.02 | $21.36 | $53.85 | $180.23 |
| MassMutual | $11.98 | $15.23 | $29.15 | $58.73 |
| Mutual of Omaha | $11.61 | $16.56 | $27.31 | $57.19 |
| Cincinnati | $12.98 | $16.72 | $27.28 | $56.76 |
| Fidelity Life | $16.10 | $22.62 | $45.68 | $58.32 |
| John Hancock | $12.39 | $14.86 | $23.86 | $50.94 |
| Haven Life | $20.01 | $27.76 | $68.24 | $160.40 |
Both companies are again fairly tied again for women in their 30s. For women in their 40s, American Amicable is about $5 cheaper per month.
Women in their 50s will be paying about $25 more per month if they go with AIG. Lastly, those women who are in their 60s will be paying about $56 less per month if they go with American Amicable.
Our AIG vs. American Amicable comparison has now shown us that American Amicable offers more affordable rates to both men and women of various ages.
Let’s wrap up with company ratings and see if American Amicable can sweep our comparison.
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AIG vs. American Amicable: Which company is more well-reviewed?
We will now be wrapping up by analyzing AIG and American Amicable ratings from the Better Business Bureau (BBB) and A.M. Best.
A positive rating from one or both of these organizations can give potential insured the confidence to choose a particular life insurance provider.
Read more: American Amicable Life Insurance Review
The BBB scale ranges from “A+” down to “F”. AIG received the Better Business Bureau’s lowest rating of “F” and also lacks accreditation.
Did American Amicable fare well in comparison? Not only is American Amicable BBB accredited, but they have the highest rating of “A+” as well.
A.M. Best’s Financial Strength Rating (FSR) scale is slightly different in that it ranges from “A++” down to “D.”
American Amicable products received a rating of “A-” (Excellent) from A.M. Best. How did AIG do this time? AIG received a slightly higher rating of “A”.
To review, American Amicable handily won our comparison. With their more affordable rates and far higher Better Business Bureau rating, it was a landslide.
Don’t let your life insurance shopping stop with AIG vs. American Amicable comparison. Type your ZIP code into our free and helpful tool below to find affordable life insurance quotes in your area.
Frequently Asked Questions: AIG vs. American Amicable
What follows are a few commonly asked questions about these two companies.
#1 – What is the American Amicable phone number?
The phone number is 800-736-7311.
#2 – Where can I use my AIG login?
You can use your login information on the AIG website.
#3 – Is there AIG retirement?
They have AIG Retirement Services, which provides financial planning services as well as retirement services.
#4 – Can I buy AIG stock or AIG auto insurance?
Yes, and its stock symbol is simply AIG. Secondly, you can buy both home and auto insurance from AIG.
Your one-stop online guide for life insurance quotes. Get free quotes now!
Secured with SHA-256 Encryption
Leslie Kasperowicz
Farmers CSR for 4 Years
Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent several years as a Farmers Insurance CSR, gaining a solid understanding of insurance products including home, life, auto, and commercial and working directly with insurance customers to understand their needs. She has since used that knowledge in her more than ten years as a writer, largely in the insur...
Farmers CSR for 4 Years
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.