The American Amicable Life Insurance Company of Texas has a long history of providing affordable, reliable coverage. With over 110 years of service, The American Amicable reviews show them to be a trusted option for burial insurance for seniors, offering a wide catalog of policies and insurance riders to cover diverse needs.
American Amicable’s final expense insurance is a great choice, balancing quality coverage with affordable rates. Not only do their relaxed medical underwriting requirements help cover seniors, they also help smokers, who normally pay high rates for life insurance. Thanks to their simplified underwriting requirements, American Amicable is one of the most smoker-friendly life insurance providers.
Whatever your health and budget needs, Final Expense Benefits can help you find a quality life insurance policy that covers your needs. American Amicable is just one of the over 20 top-rated providers that we work with to help connect you to simple, reliable life insurance.
If you’re interested in an affordable American Amicable burial insurance policy, call us at (866) 786-0725 Monday through Friday, 9 a.m. to 5 p.m. ET. Check our free online funeral cost calculator and quoting tool to check how much coverage you may need and how much it’ll cost.
Key takeaways
American Amicable Senior Choice is a catalog of quality, affordable final expense insurance.
These policies are great for seniors thanks to their relaxed medical requirements.
American Amicable offers affordable rates and forgiving underwriting to smokers.
American Amicable final expense insurance offers seniors an affordable, flexible, and customizable option.
What Is The American Amicable Life Insurance Company of Texas?
The American Amicable Life Insurance Company of Texas can trace its roots to 1910. It was founded as the Amicable Life Insurance Company (ALICO), located in Waco, Texas. Their 22-story office was completed in 1911 and was designated a historic place in 2012.
Still the tallest standing building in the city, the ALICO building remains an icon in the Waco skyline.
ALICO and the American Life Insurance Company merged in 1965 to form the American Amicable Life Insurance Company, creating a local, home-grown staple American life insurer. The company was acquired in 2010 by the Canadian insurer Industrial Alliance and Financial Services, Inc.
This acquisition brought even more financial backing and trustworthiness to American Amicable, which was named by Forbes as one of their top life insurance providers for 2025.
American Amicable Life Insurance Coverage Options
American Amicable offers a wide range of life insurance options. Their Senior Choice final expense insurance stands out as a strong, simple choice for seniors.
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American Amicable Final Expense Insurance
Also called burial insurance, final expense insurance is whole life insurance designed for seniors. Offering benefit payouts perfect for covering end-of-life expenses like funeral and burial plot costs, final expense insurance is a low-cost way for seniors to secure coverage tailored to their needs.
American Amicable offers a selection of final expense plans called Senior Choice.
Like all final expense insurance, American Amicable Senior Choice policies provide premium rates locked at the policy’s start, cash value growth, and life insurance riders for extra coverage. Offering death benefits payouts that range from $2,500 to $50,000, Senior Choice is available to applicants ages 50 through 85.
American Amicable offers three Senior Choice policies, but only one has no waiting period: the Senior Choice Immediate plan.
Available at the lowest rates of any Senior Choice plan, Senior Choice Immediate doesn’t require applicants to take medical exams. However, they must be in good health per the application’s health questionnaire. As with most final expense insurance, this policy’s underwriting guidelines are forgiving of many health concerns. Smokers may qualify if they are otherwise healthy.
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American Amicable Guaranteed Issue & Graded Life Insurance
American Amicable offers two Senior Choice policies designed for seniors with pre-existing conditions: Senior Choice Graded and Senior Choice Return-of-Premium (ROP). Because these policies accept most applicants regardless of health concerns, they both require a two-year waiting period. If the policyholder dies during this waiting period, death benefits may be paid in a modified structure that could delay or reduce payouts.
Here’s more information about these policies:
- Senior Choice Graded
A middle ground between the Senior Choice Immediate and ROP plans, Senior Choice Graded accepts applicants in poor health. It’s a good choice for seniors with hard-to-manage pre-existing medical conditions like COPD or diabetes. However, rates are pricier than the immediate policy. - Senior Choice Return-of-Premium (ROP)
The ROP policy is a simplified-issue policy that accepts applicants at a near-guaranteed rate, regardless of medical condition. After the waiting period, beneficiaries can receive the policy’s =death benefit plus the total value of paid premiums with 10% interest. ROP charges the highest monthly premium rate of the Senior Choice final expense policies.
If you’re interested in an American Amicable final expense policy, contact Final Expense Benefits to learn more or start your application today.
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American Amicable Term Life Insurance
Young adults and workers with hazardous occupations typically use term life insurance to replace income in case of death. While term life is usually less expensive than whole life for younger applicants, that’s often not the case for seniors.
And with stricter underwriting requirements, seniors may not qualify for term life plans anyway. It’s typically not the best fit, because seniors risk outliving their policy. Term life rates tend to get quite high for seniors, so we recommend they try whole life insurance.
American Amicable term life insurance benefits range from $25,000 to $250,000 in 10, 15, 20, and 30-year terms. When terms end, policyholders can renew American Amicable term life coverage with a new rate until age 95.
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American Amicable Universal Life Insurance
Similar to whole life insurance, universal life insurance covers for life, but with more cash value flexibility. Cash value accumulated on universal life policies increases in various investment accounts, allowing these policies to gain considerable value.
However, with that extra flexibility comes complexity. While that cash value can be used to adjust premium rates and benefit payouts, these plans may be too complicated for seniors, who typically want reliable, simple, and easy-to-manage plans and payouts. Plus, universal life insurance plans normally have intense underwriting requirements that may exclude seniors from coverage.
American Amicable’s universal life insurance policies are industry-standard. Like American Amicable’s other permanent life insurance options, they offer more relaxed underwriting than competitor plans, but it’s better for most seniors to get final expense insurance instead.
Other American Amicable Life Insurance Benefits
In addition to their quality final expense options, American Amicable offers life insurance riders and specialized plans.
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American Amicable Specialized Life Insurance Policies
American Amicable offers two specialized life insurance plans that function slightly differently from their standard policies: Home Protector and Financial Lifeline.
Home Protector is a mortgage protection term policy with 15, 20, 25, and 30-year terms. To be eligible, applicants must be paying for an active mortgage. This policy has lower premium rates than other American Amicable term life plans.
A modified whole life policy, Financial Lifeline pays a portion of paid premiums into a tax-deferred annuity account that will pay alongside the death benefit. This annuity accrues value faster than other whole life policies, providing a larger payout.
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American Amicable Life Insurance Riders
Life insurance riders provide optional extra coverage to policies, typically at an additional cost. They’re good for those with intricate health or budget requirements. American Amicable offers several riders, and some are included in their policies at no extra cost. American Amicable Life Insurance riders include:
- Critical Illness Rider
Pays the full death benefit if the policyholder is diagnosed with a critical medical condition with limited life expectancy.
- Disability Income Rider
Waives premium charges to protect income if the policyholder becomes permanently disabled.
- Terminal Illness Rider
Pays a portion of the death benefit early if the policyholder is diagnosed with a terminal illness.
- Children’s / Grandchildren’s Insurance Agreement Rider
Covers children with a term policy that can later be converted into a permanent policy.
- Accidental Death Rider
Included at no extra cost with each of American Amicable’s Senior Choice final expense policies. This rider pays an additional death benefit if the policyholder dies in an accident.
How Much Does American Amicable Life Insurance Cost?
American Amicable final expense insurance rates are competitive with some of the best providers on the market, like Mutual of Omaha and Aetna Accendo. American Amicable’s policies offer an extensive list of riders for extra coverage, giving them significant versatility.
Below are sample rates for a non-smoking applicant with no preexisting conditions for the Senior Choice Immediate, Senior Choice Graded, and Senior Choice ROP policies with a $10,000 death benefit:
| Company |
Male 50y/o |
Female 50y/o |
Male 60y/o |
Female 60y/o |
Male 70y/o |
Female 70y/o |
Male 80y/o |
Female 80y/o |
|---|---|---|---|---|---|---|---|---|
|
Immediate |
$32 |
$27 |
$47 |
$38 |
$79 |
$60 |
$156 |
$119 |
|
Graded |
$38 |
$30 |
$59 |
$46 |
$105 |
$79 |
$226 |
$163 |
|
ROP |
$44 |
$36 |
$68 |
$57 |
$120 |
$99 |
$242 |
$182 |
These figures are estimates only, based on a $10,000 American Amicable final expense insurance policy for a non-smoking applicant with no pre-existing conditions.
If you’re interested in American Amicable final expense insurance, call Final Expense Benefits at (866) 786-0725 to learn more or to start your application today.
American Amicable Life Insurance Pros & Cons
Pros
- Fast application process
Applications are quick, and American Amicable’s simplified underwriting sometimes offers same-day approval. - Online payment
Like most top insurers, American Amicable policyholders can pay premiums online. - Excellent provider for smokers
Most providers charge tobacco users high rates, but they are often eligible for much less expensive rates with American Amicable Life Insurance. - Flexible underwriting
Thanks to simplified, relaxed underwriting, American Amicable accepts many applicants who may not be covered by other providers, including seniors with pre-existing medical conditions.
Cons
- Pricier modified plans
As with most modified life insurance, American Amicable Senior Choice Graded and ROP policies are significantly pricier than their normal plans. - Mixed online reviews
Some American Amicable reviews mention claim payment issues and difficulty canceling policies that are no longer needed. - No guaranteed policies
Guaranteed life insurance is pricey, but it may be the only way seniors with serious health concerns can get life insurance. While American Amicable’s graded and ROP policies have simple medical underwriting, there are still some conditions that exclude applicants from coverage.
American Amicable Reviews: Third-Party Rating Services
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AM Best Rating
AM Best is a third-party agency that assesses insurance companies’ credit and ability to fulfill financial obligations. The current American Amicable AM Best rating is A-.
This high AM Best rating indicates they believe American Amicable has a strong financial basis.
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NAIC Rating
The National Association of Insurance Commissioners (NAIC) records customer complaints against life insurance providers on their yearly complaint index to protect consumers. Their scale ranges from 0 to 10; 1 is the average customer complaint rating.
The NAIC’s American Amicable rating is currently 2.14. This indicates American Amicable receives customer complaints more often than the NAIC’s national average and has increased yearly.
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BBB Rating
The Better Business Bureau (BBB) is a third-party rating service that rates companies’ trustworthiness and ability to successfully resolve customer complaints. They also offer complaint resolution services.
American Amicable’s BBB rating is currently B, but they are BBB-accredited, indicating the BBB believes they provide industry-standard ability to resolve complaints.
American Amicable Reviews: Customer Ratings
Nathan D
5/5
Dealing with multiple insurance companies I’ve found that American Amicable is one of the easiest and smoothest carriers to deal with on a regular basis. Highly Recommend working with them.
Cody W
5/5
Great company for my Final Expense Life Insurance to keep my family protected. They have great support and good pricing. Highly recommend using American Amicable for all Life Insurance needs.
Caleb S
5/5
I’ve held policies now with 4 different companies and American Amicable was by far the easiest, fastest and most respectful of them all. I called to cancel a policy with them once and their response was “yes sir. That is cancelled effective immediately and we will be here when you return” which I did return after a horrible experience with Lumico. American Amicable’s customer service is legendary and I’ve seen how they take care of families. I’m a customer for life or until I find someone as good as these guys which has proven to be quite the challenge so far.
Final Thoughts
American Amicable is a strong choice for seniors and smokers thanks to their forgiving underwriting practices. Based on the American Amicable reviews, their policies are much less expensive for smokers than other providers, and occasional smokers are often eligible for non-tobacco rates.
American Amicable final expense insurance is competitive with other providers, even for non-smokers. Their immediate benefit plan is a standout because it doesn’t require a medical exam and offers immediate coverage.
Contact Final Expense Benefits to learn more about American Amicable’s options, to start an application, or to check out other affordable, accessible final expense policies.
To learn more, call our talented agents at (866) 786-0725 Monday through Friday, 9 a.m. to 5 p.m. ET. Be sure to check our free online funeral cost calculator and quoting tool for a personalized funeral and coverage cost estimate.
FAQ
Is American Amicable a reputable company?
American Amicable is a legitimate life insurance provider with over 110 years of providing excellent life insurance policies. They offer final expense insurance, term life, and universal life insurance.
Where is American Amicable located?
American Amicable is headquartered in their historic high-rise office building in Waco, Texas.
Who owns American Amicable Life Insurance?
American Amicable is owned by Industrial Alliance Insurance and Financial Services, a large Canadian insurance company that acquired them in 2010.
Does American Amicable require a medical exam for life insurance?
American Amicable Senior Choice final expense insurance doesn’t require applicants take medical exams to qualify. These plans offer forgiving underwriting, often approving high-risk applicants like smokers or those with preexisting medical conditions.
What is American Amicable Senior Choice?
American Amicable Senior Choice is a catalog of final expense insurance policies available for seniors ages 50-85. These policies range from immediate coverage with inexpensive rates to simplified-issue modified policies ideal for people with preexisting medical conditions.
What is burial insurance?
Burial insurance is a low-cost type of whole life insurance designed to offer seniors accessible, affordable coverage. Average benefit payouts range from around $5,000 to $50,000, plenty to cover the cost of a burial plot.
How much does a funeral cost?
In 2025, average funeral costs in the U.S. are around $10,000, which is why most sample burial insurance quotes are for $10,000 policies. However, this estimate only accounts for costs for basic burial plot services, disregarding higher costs for fancy caskets or memorials. Check our free funeral cost calculator to see how much coverage you need.