American Century Life Insurance Company of Texas Reviews
American Century Life Insurance Company has a long history of serving families and helping them with their annuity and life insurance needs.
The company was founded in 1940 in Jacksonville, Texas every bit Cherokee Burial Association. In 1980, the Boren family combined this burial association with other similar associations and created the Boren Life Insurance Company.
The company became American Century Life Insurance Visitor of Texas in 2000.
Our name changed slightly in 2021 to American Century Life Insurance Visitor.
Nosotros are located in Allen, Texas and are licensed in the states of Alabama, Arizona, Arkansas, Indiana, Kentucky, Ohio, Pennsylvania, Tennessee, Texas, and Utah.
All products may not be bachelor in all states. Please contact united states to check the land-specific product availability.
Financial Strength Rating
American Century Life Insurance Company has earned a Fiscal Stability Rating® (FSR) of S, Substantial from Demotech, Inc.
Demotech is a fiscal assay firm specializing in evaluating the financial stability of independent, regional and specialty insurers. Since 1985, Demotech has served the insurance industry past assigning accurate, reliable and proven Financial Stability Ratings® (FSRs) for Life & Health insurers, Property & Casualty insurers, and Title underwriters.
Demotech currently reviews and rates over 400 insurance companies in the United States including larger, international carriers as well equally hundreds of independent regional and specialty insurers.
FSRs are a leading indicator of financial stability, providing an objective baseline of the hereafter solvency of an insurer. They are accepted past several government-sponsored enterprises, including Fannie Mae, Freddie Mac, various programs of the U.s. Department of Housing and Urban Development (HUD), and mortgage lenders as well as premium finance companies.
Demotech is the only other visitor, except AM All-time, that is
acceptable to insurance carriers of amanuensis E&O policy and the insolvency exclusion in many policies include companies with certain Demotech rating.For more information nigh Demotech and the most current FSRs of the carriers they review and rates, visit
world wide web.demotech.comor phone call (800) 354-7207.
What Does this Rating Mean?
Many consumers and agents are used to see AM All-time rating, and a common question we get is "What level of AM Best rating is similar to your Demotech "S" rating?"
The quality of financial stability rating is measured by the pct of companies that became dumb or insolvent a sure number of years after the rating was earned by a visitor.
The chart below compares the impairment percentage of the unlike levels of Demotech and AM All-time rating in years later on rating was earned by a company.
This chart shows that a Demotech "South" rating is comparable to an AM Best "A-" rating.
Our Plans
We focus on single premium deferred and firsthand fixed annuities.
In a unmarried premium deferred annuity (SPDA) you make single premium payment and later that, we guarantee you a fixed annual interest rate for a certain number of years (iii, five, 7, or 10 years). Your investment volition earn this interest rate regardless of changes in the market or the economic system.
In a single premium firsthand annuity (SPIA) you lot brand single premium payment and later that, showtime receiving periodic distributions over a certain period (between 3-xxx years). The periodic distribution corporeality is set when the policy is issued and never changes.
Easy to Buy
Our annuity plans are available for purchase directly on our website. The online application procedure is easy and has four simple steps.
Once the application is submitted you volition receive a copy of the application to your email and we will starting time processing it. If you change your mind after completing the online application, you always accept thirty days to abolish your application and receive a full refund of your premium.
If y'all accept any questions you tin can e'er call u.s. at (855) 966-1111.
Source: https://aclic.com/about-us/
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