Last updated June 16, 2009
About American Fidelity Assurance Company
Originating in 1960, American Fidelity Assurance, a subsidiary of American Fidelity Group, is one of the largest private, family-owned life insurance companies in the United States. Hoping to meet a wide variety of needs, the company offers life, supplemental health insurance products (cancer, disability, life, long-term care and hospital indemnity) and tax deferred annuityAmerican Fidelity offers life insurance that is available to individuals or through an employer/association. The options available are whole life, term life and children/young advantage life. products. With headquarters in Oklahoma City, American Fidelity Assurance is now serves over a millions customers in 49 states and 23 countries.
American Fidelity Assurance Says
American Fidelity offers life insurance that is available to individuals or through an employer/association. The options available are whole life, term life and children/young advantage life. Whole life insurance policies offer protection for the insured’s entire life. Premium payments are usually made annually and death benefits are paid when theinsured dies. American Fidelity also offers “Protecta Plus” whole life insurance. This provides basic insurance protection as well as mortgage protection, estate preservation, retirement funding, college tuition and charitable funding. In addition, Sentinel Series Monthly Income life insurance is another whole life insurance option offered by American Fidelity. In this policy, instead of paying one lump sum directly after the death of the insured, the policy provides a stream of monthly income to the beneficiaries.
Term life insurance, as the name suggests, provides coverage for a term, usually a contracted period of time. If the policyholder dies within that specified time, the death benefits will be paid to the survivors. The terms American Fidelity offers come in 20, 25 and 30 years. The company also provides renewable and convertible term life, which means after the term is up, you are able to either renew the contract for another term or convert it to a whole life option.
Children/young advantage life insurance is designed to protect policyholder’s children and grandchildren. By purchasing this policy for them now, you can guarantee life insurance coverage at low rates for the rest of their lives, no matter what health problems may develop.
Contact American Fidelity Assurance Company at:
American Fidelity Assurance Company
PO Box 25523
Oklahoma City, Oklahoma 73125-0523
Telephone: (800) 654-8489
Sources: “American Fidelity Assurance,” Wikipedia, June 2009; “Products & Services,” American Fidelity Website, 2009.