Assurity vs State Farm Life Insurance

  • YEAR FOUNDED
    1890
  • CURRENT CEO
    Thomas E. Henning
  • AVAILABLE
    All 50 States
  • ADDRESS
    Assurity Life Insurance Company 2000 Q Street Lincoln, NE 68503
  • TOP AWARDS

    Best Places to Work Award

    Tabitha’s Courageous Vision Award

    Top 10 United Way/Community Health Charities Campaign Supporters

  • PROS
    • Assurity is a mutual company, meaning the company answers to the policyholders and not to investors or stockholders.
    • Ranks highly among the top 10 “No Medical Exam Life Insurance” companies
    • Wide array of products to choose from
  • CONS
    • The policies are relatively expensive
  • YEAR FOUNDED
    1922
  • CURRENT CEO
    Michael L. Tipsord
  • AVAILABLE
    48 States
  • ADDRESS
    East P.O. Box 588002 North Metro, GA 30029
  • TOP AWARDS

    N/A

  • PROS
    • Great Term Life Insurance
    • Top rated customer service
  • CONS
    • Term lengths
    • Higher premiums than other companies
SOURCEAssurityState Farm
JD PowerN/A5/5
BBBA+A-
AM BestA-A++
Moody'sN/AAa1
FitchN/AN/A
Standard & PoorN/AAA
Comdex ScoreN/A98
SOURCEAssurityState Farm
Total Assets$2.6 Billion$160.732 billion
Life Insurance in Force$17.2 Billion$901.7 billion
AssurityState Farm
Whole LifeSelect Term 10, 20, 30
Term LifeReturn of Premium 20, 30
Universal LifeMortgage Life 15, 30
Accidental Death Benefit InsuranceWhole Life
Limited Pay 10, 15, 20
Single Premium Life
Universal Life
Survivorship Universal Life
Joint Universal Life
AssurityState Farm
Assurity Whole Life Insurance (Whole Life Insurance, Joint Whole Life Insurance, Single Premium Whole Life Insurance, Simplified Whole Life Insurance)Select Term 10, 20, 30
Assurity LifeScape NonMed Term 350Return of Premium 20, 30
Assurity LifeScape Whole Life InsuranceMortgage Life 15, 30
Assurity LifeScape Term 350 PlusWhole Life
Assurity LifeScape Acci-Flex Accidental Death Benefit InsuranceLimited Pay 10, 15, 20
Assurity Universal LifeSingle Premium Life
Universal Life
Survivorship Universal Life
Joint Universal Life
AssurityState Farm
Other Insured RiderN/A
Waiver of Premium Rider
Monthly Disability Income Rider
Accident-Only Disability Income Rider
Critical Illness Rider
Children’s Term Insurance Rider
Return of Premium Rider
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
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