Life Products
We have many coverage options to fit your unique needs.
Many people find their needs fall into one of two coverage types: term life insurance or whole life insurance.
Term insurance may be right for you if you need help protecting your income for a specific period of time. It may also help your family cover ongoing expenses and retain their standard of living if you're not there.
If you're looking to help protect your family for your entire life, whole life insurance may be the better coverage for you. Whole life will help to ensure your family is not burdened by final expenses or medical bills if you're not there.
Choosing the right type of life insurance doesn't have to be confusing. Our representatives are here to help you understand the differences between these two coverage options, and the advantages of each one. To find out whether term life or whole life is best for you, read the charts below.
Advantages of term life
- You pay for the coverage you need for the period of time you need it
- Rate and coverage amount stay the same throughout the selected period of time
- Lower current cost than whole life, but does not provide lifetime coverage
- Generally convertible to whole life, which provides lifetime coverage
- If you qualify, you can get this valuable term life protection with no medical exam.1
Term life
| Type | Coverage Amounts | Term Periods |
|---|---|---|
| Level term2 | $100,000 to $1,000,000+ | 10, 15, 20, 25, 30 years |
With low term life insurance rates and discounts for coverage amounts of $250,000 or more, we make it easy to find great financial protection that fits your budget.
Learn more about term life insurance.
Advantages of whole life
- Provides lifetime coverage
- Premium rates are fully guaranteed and will not increase over time
- Cash value accumulates over the life of the policy
- Coverage amount will not decrease as you get older and is guaranteed for your lifetime
Whole life
| Type | Coverage Amounts | Term Periods |
|---|---|---|
| Whole life3 | $25,000+ | Term periods for all whole life insurance policies last the lifetime of the insured. |
Learn more about whole life insurance.
Why choose Amica?
At Amica, we think choosing the right coverage shouldn’t be complicated. When you contact us, you’ll always speak directly with a specialist who will answer your questions and explain your options in clear, simple language.
We’re proud of our ability to deliver consistent, high-quality customer service for more than a century. We offer competitive life insurance rates, and a variety of product plans that can be customized to fit your needs.
Our financial strength is also something you can depend on. Amica Life has one of the industry’s highest ratings. We’ve earned a rating of A+ (Superior) from AM Best,3 a leading authority on insurance company financial stability.
Behind that solid foundation is a company that cares. We’re with you at every step. That’s why we also help grieving families navigate the challenges bereavement can bring with support and guidance through the Empathy app.
Want to learn more about life insurance?
First-time buyer? Learn more about life insurance.
How much life insurance do you need? Use our calculator to determine the ideal coverage.
Life Insurance Policy issued by Amica Life Insurance Company.
1 No medical exam will be required if you meet specific underwriting criteria based on the amount applied for, the responses provided in the simplified application process and the results of our underwriting review. However, we reserve the right to require a medical exam, possibly with blood and/or urine testing at our expense, if we deem it necessary to have such additional information as part of our full underwriting process.
2 Standard form numbers ICC15 FGCLT01-01 in most states. Some features may not be available in all states.
3 Standard form number WL2019-01 in most states.
ALIC87622 (exp: 1/27)