AmerUS Life Insurance Company Review

AmerUS Life Insurance Company has been a leadingdeath. Some of the products offered by this
provider in life insurance policies in the United States.company in the United States are Indexed Life
Their main website lets customers know that theInsurance, Universal Life Insurance, Single Premium
company started in the year 1896 when it wasLife, Indexed Survivor Universal Life, Level Premium
founded as a Central Life Assurance Company.Term Insurance and Excess Interest Whole Life
Although the company itself did not grow much fromInsurance.
the start, through the span of the years it got theIndexed Life Insurance: This type of life insurance
people needed to operate correctly and beallows people to have flexible payment options and
successful at becoming a primary life insurancedeath benefits. What is good about this type of
company in the United States. It was not until thepolicy is that it provides cash value accumulation
year 1996 that the company actually acquired thebased on how leading market indices grow. It is also
name AmerUS Life Insurance Company and at thatgood to note that this type of policy also protects
time they actually started to organize as a stockthe policy from the risks of a downside market and a
insurance company.drop in the indices. If you purchase what Aviva calls
Things continue to grow and after the year 2000the "no Lapse Guarantee Rider" on your "Advantage
they acquired Indianapolis Life Insurance and finallyBuilder" part of the policy, the death benefit in the
closed the year with an estimated $21.5 billion inpolicy can be extended to the entire life of the
assets. The big news about AmerUS took place inperson insured.
the year 2006 where AmerUS and Aviva CorporationUniversal Life Insurance: This type of life insurance is
signed an agreement under which Aviva acquireda very common type of permanent life insurance in
them and paid $69 per share in cash. This meant thatthe American market. This type of policy will actually
all their operations would be combined and thespecify the amount a beneficiary to the policy gets
business would have their headquarters in Deswithin certain minimum and maximum limits. This will
Moines, Iowa.allow the policy holder to actually buy the amount of
Life insurance in the United States is just starting tolife insurance that he or she prefers.
be a big thing. In the past nobody thought that lifeSingle Premium Life: This type of policy is unique in
insurance was the right thing to get, and somethat the person will only pay a single one time
people actually thought that it would be a waste ofpremium for a death benefit that will actually last a
money to buy. With present events such as 9/11,lifetime. This is primarily designed for individuals that
Americans have come to their senses and havehave savings or that need cash when they have an
actually realized that accidents can happen to anyoneemergency.
at anytime and for that reason it is always better toIndexed Survivor Universal Life: This type of life
be prepared.insurance company is one in which two lives are
With the market for life insurance increasing, it is notinsured (more than likely a couple) and pays the
a surprise that more and more life insurancebenefit after the second person dies. In other words,
companies are being created. With so manyif a husband dies before his wife; the policy will not
companies it is hard to know which one of them isbe reimbursed to the beneficiary. It also has the
the best one for you. That is why a customer mustpotential to accumulate cash value that in the end will
always try and shop around either online or in person.be given to the beneficiary after both people in the
If you locate a company that you think might be thepolicy die.
one and when you compare its price to otherLevel Premium Term Insurance: Perhaps the most
companies you find that it's not that expensive, andfamous type of life insurance in the United States
then you will feel much confident in signing with them.because it is not permanent. This type of insurance
When you try to log into the main website forsimply allows a policy holder to have protection for a
AmerUS you will be directed to a letter from thespecified period of time. In AmerUS (now Aviva)
Aviva Life Insurance Company. Since both of thepeople can purchase 10, 15, 20 or 30 year term
companies combined and are being run under Aviva'spolicies based on the needs that they have. This
name it is important to know about them. Aviva istype of policy does not accrue cash value, but it will
the world's fifth largest insurance group and it is thepay the beneficiary the amount that the policy holder
biggest provider of life insurance in the Unitedpurchases in case of the policy holder's death.
Kingdom. The company is huge and it employs aboutExcess Interest Whole Life Insurance: There
58,000 people that serve an estimated 35 millionproducts are made to ensure that professionals,
customers around the globe. They are one of thebusiness owners, individuals and executives get what
strongest life insurance and long term service Productthey need from the life insurance industry. What this
Company with assets of over $600 billion and moretype of policy does is give you fixed premiums and
than $65 billion in sales. The company itself is based inguarantees you death benefits.
London, England and its history can be traced back toAs you can see AmerUS has gone far beyond what
the year 1696. This means that the company is overmany life insurance companies have achieved. With
300 years old and for this reason it has thethe joint help of Aviva of North America, these two
recognition and world fame that not many other cancompanies have taken the life insurance market in
claim.the United States to a whole new level. To decide if
AmerUs Life Insurance Company (now called AvivaAmerUS and Aviva may be a good life insurance
Life and Annuity Company) offers many life insurancechoice for your needs then be sure and carefully
products that can help someone establish financialresearch your options with a licensed Aviva life
security for the future in case of an unexpectedinsurance agent.