Get life insurance tailored to you with Amica.

Life insurance helps provide critical funds to your loved ones after you die. After paying an annual premium to your insurance company during your life, your insurance company will pay a lump sum to your beneficiary — the person you select to receive this money — after your death. How much money you’d like to leave, and who will receive it after your passing, is entirely up to you. Amica’s representatives work with you to make getting a policy as smooth as possible and work closely with you to obtain the best policy for your family.

Term life insurance provides coverage for a specific term or amount of time — typically 10, 15, 20, 25 or 30 years. This can help cover short-term needs, like a mortgage or income replacement for those you leave behind. The term and coverage amount can be aligned with your financial priorities, like raising a child to age 21 or paying off a mortgage, though your coverage and premium remain level for the length of the term.

Whole life insurance is permanent coverage. The policy provides a specific dollar amount to your beneficiary after you pass and lasts your entire life, as long as premiums are paid. Whole life insurance also builds cash value that can be borrowed against, withdrawn or used to pay for future premiums. Coverage amount and premiums stay the same as you age.

No two situations are the same and everyone’s needs and conditions are different. Your coverage amount will differ based on what’s going on in your life — if you have children, own a home, etc. Amica’s knowledgeable representatives will work with you to learn what’s important to you and your situation, and to help ensure you have the coverage you’ll need.

Amica offers some policies that may not require a medical exam in certain circumstances; however, we reserve the right to request a medical exam, if needed. Amica makes the medical exam as convenient and quick as possible. A licensed practitioner would come to your home, or office, or location of your choosing at a time that is convenient to you, note information like your height, weight and blood pressure, and also collect blood and urine samples. The medical exam is at no cost to the insured.

Compared to other types of insurance, buying life insurance is unique in that it makes payments to beneficiaries, not the policyholder. After all, you’re purchasing something that will help protect the financial well-being of your loved ones after you’re gone.

Ultimately, all a policyholder wants from life insurance is for it to pay out exactly how they intended: at the amount they set, to their chosen beneficiaries, as quickly as possible after they pass. But beyond the reassurance of credentials like an A+(Superior) rating from AM Best (Feb. 2, 2022), life insurance customers want to be assured that their beneficiaries will be treated with care and compassion after they pass. And with a track record of expertise, personalized customer care and dedication to serving our members, Amica does just that.

Life insurance benefits from your company can be an excellent perk, but they shouldn’t be relied on entirely. Most employer coverage is capped - often to one or two times your income. These employer-covered life insurance benefits may not be enough to replace lost income. Also, if you leave your job, the employer-provided benefit usually terminates. Having additional (and adequate) coverage is often the only true way to ensure your family stays financially protected after your passing. So it’s important to consider a separate policy that covers you over and above the death benefit in your employer’s policy.