American Family Insurance
The American Family Insurance Company was began with a single idea: that a company could make money selling quality auto insurance to responsible Wisconsin farmers. The founder of American Family, Herman Wittwer, started the company in Madison, Wisconsin in 1927 on this very idea. In 1963, the company became American Family Life Insurance to reflect its growing customer base. Today, American Family Insurance Company operates in nineteen states, from Washington to Ohio, and offers a wide range of policies in auto, home, life, and annuity products.
As a mutual insurance company, customers act as partial owners, enabling American Family Life Insurance to focus on long term results rather than short term profit. The company currently has $16.8 billion in assets and $5.4 billion in policyholder equity, impressive numbers for a company of its size.
ACCORDING TO THE COMPANY
The American Family Life Insurance Company prides itself on providing trusted advice and outstanding service no matter the avenue. Whether your interaction with American Family Insurance is online, via phone, or through one of its 3500 insurance agents, American Family Life Insurance is there to provide experience and trusted counsel.
American Family Life Insurance Company offers a wide range of life insurance products that can be customized to suit the needs of individual consumers and businesses:
- Term Life Insurance – Provides temporary protection over a ten, twenty, or thirty year coverage period. The policy does not accrue cash value and terminates at the end of the paid coverage period.
- Whole Life Insurance – Unlike term life insurance, which has a limited life, whole life insurance provides coverage for the lifetime of the policyholder. The policy also builds cash value. American Family Insurance guarantees that the premium will never increase.
- Universal Life Insurance – Universal policies provide a flexible premium and a flexible benefit package.
Buying American Family life insurance now is a good investment for the future. Premiums are based, in part, on age, so a younger policyholder is likely to pay less over time. Also, poor health later in life could impact your ability to get a policy. For more information, visit www.amfam.com .