American Benefit Life

American Benefit Life Insurance Company was founded in 1909 and has spent over a century serving individuals and families across the United States. Based in Dallas, Texas, the company’s early years were focused on providing basic life insurance products to help individuals protect their loved ones from financial uncertainty in the event of death. Over time, American Benefit Life expanded its product offerings to include a range of life insurance and supplemental health products, adapting to the evolving needs of its clients.

A key moment in American Benefit Life’s history came when it was acquired by the Liberty Bankers Insurance Group, further strengthening its position in the industry. This acquisition provided American Benefit Life with additional financial backing and operational expertise, allowing the company to continue offering stable, affordable insurance options to a broader audience.

American Benefit Life primarily focuses on final expense insurance. Its products are designed to offer financial protection for individuals and families at various stages of life, with an emphasis on affordability and accessibility.

As part of the Liberty Bankers Insurance Group, American Benefit Life benefits from a stable financial foundation. Liberty Bankers is a well-respected insurance group with billions in assets, and American Benefit Life shares in this financial strength. The company holds high ratings from reputable financial rating agencies, a sign of its ability to meet its financial obligations and pay out claims to policyholders in a timely manner.

American Benefit Life’s financial health ensures that it can continue serving policyholders reliably, even in challenging economic conditions. This stability is particularly important in the life insurance industry, where customers need long-term assurance that their policies will remain in force and that claims will be paid when needed.


With over a century of experience in the insurance industry, American Benefit Life has a long history of providing reliable life insurance solutions. This legacy of trust is a key reason why many families have remained with the company for multiple generations.

American Benefit Life prides itself on providing personalized customer service. The company’s agents work closely with clients to understand their specific needs and recommend insurance solutions tailored to their unique situations. This focus on service has earned the company a loyal customer base.

Pros:
- Long History of Stability: With over a century in business, American Benefit Life has a proven track record of financial stability and reliable service. This makes it a trusted choice for individuals looking for life insurance they can count on for the long term.

- Simplified Underwriting: For products like final expense insurance, American Benefit Life offers simplified underwriting, making it easier for individuals with health conditions or older applicants to secure coverage without undergoing extensive medical exams.

- Affiliation with Liberty Bankers Insurance Group: As part of a larger insurance group, American Benefit Life benefits from the financial strength and resources of Liberty Bankers, ensuring that the company remains financially sound and able to meet its policyholder obligations.


Cons:
- Limited National Brand Recognition: While American Benefit Life has a long history, it may not have the same level of brand recognition as some of the larger national insurers. This can make it harder for potential customers to learn about the company’s offerings without working directly with an agent.

- Focused Product Range: American Benefit Life specializes in supplemental health products, but it does not offer a wide range of other insurance products like auto or homeowners insurance. This may not be ideal for individuals looking for a one-stop shop for all their insurance needs.

American Benefit Life Insurance Company has built a solid reputation over more than a century of providing life insurance solutions to individuals and families. Backed by the financial strength of the Liberty Bankers Insurance Group, American Benefit Life is well-positioned to meet the long-term needs of its policyholders.

While the company may not have the same level of national recognition as some of the larger insurers, it has earned a loyal customer base through its commitment to personalized service and financial stability.

Ultimately, American Benefit Life remains a trusted name in the insurance industry, providing peace of mind and financial protection to families for generations.

Rated, "A-" by A.M. Best, American Benefit Life offers:
Highly competitive rates
On-the-spot underwriting — Instant decision in 3 minutes or less
Administered by Aetna‍
Enhanced 10% household discount with a broad definition‍
E-app only – no paper apps
Cash bonuses and incentive trips