February, 25 2018


Life insurance reviews, news and prices from the top companies

Aflac Life Insurance Review $77.88

Aflac Life Insurance Review

  • Price
  • Underwriting
  • Financial Strength

Aflac Life Insurance Review

Pros: Highly Rated- Currently has an A+ (Superior) rating from A.M. Best (second highest of 16 available ratings).  Prominent & well-known insurance company- One of the largest insurance companies in America by market share and has one of the most well-known recognizable names in insurance thanks to the Aflac duck adverting campaign.

Cons:  Life insurance rates are expensive for individuals.  (See rate comparison below)  While their group and supplemental insurance may be competitively priced their individual life insurance policies are very expensive.  Also, the maximum amount of coverage available for individuals is $250,000 and $200,000 in certain states like in California.

Bottom Line:  Aflac is one the largest insurance companies in America thanks to its iconic adverting and its dominance of the short term disability and supplemental insurance market.  However, their individual life insurance policies options are very limited and very expensive.   We recommend receiving multiple quotes before choosing a particular policy.



Type: Public NYSE- AFL

Underwriter: American Family Life Assurance Company of Columbus

Founded: 1955

Website: www.aflac.com

Phone: (800) 992-3522

Address: 1932 Wynnton Road, Columbus, Georgia 31999

A.M Best Rating: A+ (Superior) Second highest rating of 16 possible ratings

Comdex Ranking: 95 out of 100

BBB Rating: A

Competition: MetLife, Northwestern Mutual, NY Life, John Hancock, Principal, State Farm, Allstate, AIG, Ohio National Life, SBLI, Banner Life, Protective Life, Primerica, State Farm, USAA, Genworth Life, Pacific Life Insurance, North American Co, Lincoln National Life, ING-ReliaStar, Transamerica.


Price Comparison

Sample premiums for a 40-year year old male at each companies best health class:

Policy Amount & TermBanner (A+ Superior)SBLI (A+ Excellent)AIG (A Excellent)Aflac (A+ Superior)
$200,000-20 Year Term$17.41$18.62$22.4077.88
$200,000-30 Year Term$32.64$30.10$36.05$107.88




 We want to hear from you.  How would you rate your experience with Aflac?  Please leave a comment and rating below.

**$77.88 is the monthly rate for $200,000 policy on a 20 year term for a 40 year old male at the best health class.

Review Date
Reviewed Item
Aflac Life Insurance Company
Author Rating