ASSURITY LIFE INSURANCE COMPANY
AM Best Grade: A (Excellent) 4.5 stars
Address: 2000 Q Street, Lincoln, NE 68503
Also known as: Assurity Life Insurance Company
Founded in 1890 as Woodman Accident and Life Insurance Co. of York, Nebraska by Dr. A.O. Faulkner, Assurity is celebrating it’s 125th anniversary this year. Dr. Faulkner started the company after he saw how illness destroyed his patients both physically and financially. He saw this company as a viable alternative so that his patients would be able to protect their families financially during hard times. In 2007, Assurity Life joined with two other Nebraska based life insurance companies, Security Financial Life and Lincoln Direct Life both joined Assurity Life and they now all operate as one company.
Assurity Life is accredited with the Better Business Bureau and has an A+ rating. They are licensed to sell Whole Life (Fully Underwritten & Simplified), Single Premium Whole Life, Term Life, Universal Life, and revisionary annuities in 49 states as well as the District of Columbia. As of 2014, Assurity Life has a total of $2.46 Billion dollars in assets and $15.2 Billion dollars of Life Insurance policies in force. In 2014 they also reported paying out $56.2 Million dollars in death benefits to beneficiaries.
By Jason Dana, August, 2015