February, 25 2018


Life insurance reviews, news and prices from the top companies

RiverSource Life Insurance Company (Ameriprise) Review

RiverSource Life Insurance Company (Ameriprise) Review

  • Price
  • Underwriting
  • Financial Strength

RiverSource Life Insurance Company (Ameriprise) Review

Pros: Financial Strength- RiverSource Life Insurance Company has a 96 out of 100 Comdex Ranking putting them among some of the top life insurers in America for financial strength.  Size- RiverSource is the 19th largest life insurance company in America based on total assets.  Company history- RiverSource is a subsidiary of Amerirpise Financial and has been around for over 115 years.

Cons: There aren’t too many cons with RiverSource.

Bottom Line: RiverSource Life Insurance Company, a subsidiary of Ameriprise, is a highly rated and very competitively priced (see the table below) life insurance company.  As with all the life insurance companies we review, we recommended receiving a quote from RiverSource (Ameriprise) but also from other carriers as well to ensure you are receiving the best rate.  



Type: Subsidary of Ameriprise- Public-NYSE: AMP

Issued by: RiverSource Life Insurance Company

Founded: 1894

Website: riversource.com

Phone: (800) 333-3437

Hours: 7:00 A.M. to 6 P.M. Central

Address: 829 Ameriprise Financial Center Minneapolis, MN 55474

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

Comdex Ranking: 96 out of 100

BBB Rating: A+ (Ameriprise Financial)

Competitors: Allianz Life Insurance Company, Thrivent Financial for Lutherans, AAA, Erie, Ohio National Life, New York Life, Northwestern Mutual, Mass Mutual, Mutual of Omaha, John Hancock, PennMutual, Principal, State Farm, Farmers, Allstate, American General Life, Banner Life, Protective Life, Primerica, Genworth Life, Pacific Life Insurance, North American Co, Lincoln National Life, ING-ReliaStar, Transamerica, Prudential, Midland, Cincinnati Life, ANICO, TIAA-CREF, Guardian, OneAmerica, Sagicor, Amica, Minnesota Life.

Price Comparison Chart

Sample rates for a male in each company’s best health class for $500,000-20 year term.



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RiverSource Life Insurance Company (Ameriprise)
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