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Accordia Life Insurance coverage Evaluate [2021]

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Rachael Brennan has been working within the insurance coverage business since 2006 when she started working as a licensed insurance coverage consultant for twenty first Century Insurance coverage, throughout which period she earned her Property and Casualty license in all 50 states.
After a number of years she expanded her insurance coverage experience, incomes her license in Well being and AD&D insurance coverage as properly. She has labored for small well being in…

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Benjamin Carr was a licensed insurance coverage agent in Georgia and has two years’ expertise in life, well being, property and casualty protection. He has labored with State Farm and different danger administration corporations. He’s additionally a strategic author and editor with a background in branding, advertising, and high quality assurance. He has been in army newsrooms — actually on the frontline of journalism.

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Reviewed by



Benji Carr


Former Licensed Life Insurance coverage Agent

Benji Carr

UPDATED: Might 23, 2022

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Accordia Life Insurance coverage:

Fast Details

  • Accordia Life is a newcomer to the life insurance coverage and annuities market; the corporate is lower than 20 years outdated
  • Accordia Life is a part of the father or mother firm International Atlantic which was created by Goldman Sachs again in 2004
  • In 2013, International Atlantic cut up from Goldman Sachs
  • The Accordia Life model was created in 2013 following International Atlantic’s cut up from Goldman Sachs

Accordia Life insurance coverage services are comparatively new in terms of the life insurance coverage market. Customers are possible not as conversant in this life insurance coverage firm or the merchandise that it provides.

Whether or not you’re in search of time period life insurance coverage quotes otherwise you simply wish to be taught extra about Accordia Life and Annuity Firm, this evaluation shall be a useful useful resource in your life insurance coverage journey.

We are going to take the time to evaluation the life insurance coverage merchandise supplied by Accordia Life and Annuity Firm, see what customers take into consideration this firm, and evaluation its monetary power rankings.

Prepared to purchase Accordia Life insurance coverage? Enter your ZIP code above to check life insurance coverage quotes from the highest corporations in your space.

How do Accordia’s life insurance coverage charges examine with the competitors?

In contrast with different main insurers within the market, that is how Accordia Life Insurance coverage month-to-month premium charges stack up for a $250,000 time period life coverage for a person.

And, that is how Accordia Life’s charges examine for a girl with a $250,000 time period life insurance coverage coverage.

Whereas Accordia Life might not have fairly as many time period life insurance coverage choices, it does have fairly good costs in comparison with different main life insurance coverage suppliers.

Your life insurance coverage quotes are at all times free.

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What life insurance coverage merchandise does Accordia Life promote?

Accordia Life Insurance coverage Firm sells time period life insurance coverage, common life insurance coverage, and listed common life insurance coverage merchandise. This firm doesn’t promote entire life insurance coverage merchandise, which many customers might wish to buy.

In the event you’re in search of entire life insurance coverage, you’ll have to store elsewhere as a result of this firm doesn’t provide that sort of life insurance coverage. Complete life insurance coverage provides protection for an individual’s complete life. In the event you do need everlasting life insurance coverage protection, common life insurance coverage insurance policies could possibly meet your wants.

What are the specifics of Accordia Life’s time period life insurance coverage insurance policies?

Accordia Life’s time period life insurance coverage insurance policies are available 10-, 20-, or 30-year time period lengths. Most life insurance coverage corporations provide extra time period size choices, together with 15- and 25-year choices, however Accordia Life Insurance coverage Firm doesn’t.

Accordia Life Insurance coverage Firm will promote time period life insurance coverage insurance policies with protection as little as $50,000, which many different corporations gained’t provide. Most life insurance coverage corporations solely provide a minimal of $100,000 of time period life insurance coverage protection.

What are the specifics of Accordia Life’s common and listed common life insurance coverage insurance policies?

Accordia’s hottest life insurance coverage merchandise are its common life insurance coverage merchandise. Common life insurance policies could also be a great possibility for you if you’re in search of everlasting life insurance coverage protection. Nevertheless, common life insurance coverage protection will not be the identical as entire life insurance coverage.

Accordia Life provides three several types of common life insurance coverage. This contains two distinct listed common life insurance policies.

Accordia Life’s fundamental common life insurance coverage insurance policies provide customers the flexibility to get everlasting life insurance coverage protection, money worth accumulation, and flexibility in terms of paying their premiums and adjusting their protection.

Common life insurance coverage provides customers the good thing about tax-deferred money worth accumulation.

This kind of life insurance coverage coverage generally is a nice financial savings car in case you have already maxed out your IRA or 401(ok) contributions. Common life insurance coverage insurance policies additionally give customers flexibility with when and the way a lot their premium funds shall be.

Listed common life insurance coverage offers customers the flexibility to develop their money worth at a a lot larger fee. Nevertheless, there are extra dangers related to listed common life insurance coverage insurance policies. These insurance policies enable the policyholders to take a position the money worth of their coverage within the markets.

Accordia Life provides two kinds of listed common life insurance coverage protection; these insurance policies are branded “Lifetime Basis” and “Lifetime Builder.” The Lifetime Basis coverage permits the policyholder to regulate the loss of life profit because it fits their wants. You’ll be able to select to concentrate on more money accumulation or transfer life insurance coverage protection because the years go by.

The Lifetime Builder coverage is extra centered on the money progress facet of the listed common life insurance coverage coverage. This coverage is most advisable for people who’re centered on money worth progress.

Both of the listed common life insurance coverage insurance policies supplied by Accordia Life will be personalized to fit your wants with the addition of life insurance coverage riders.

Your life insurance coverage quotes are at all times free.

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Is getting life insurance coverage from Accordia Life simple?

Most life insurance coverage corporations will can help you get quotes and begin the appliance course of for all times insurance coverage on-line. This isn’t the case at Accordia Life. This firm requires you to name a life insurance coverage agent and converse concerning the utility course of with them to get began.

What do customers consider Accordia Life?

Critiques on the Web for Accordia Life are exceedingly unfavourable, with a major variety of complaints. This is a sign that the customer support supplied by this firm is probably going missing in lots of key methods.

It is very important take shopper complaints with a grain of salt, however the on-line consensus for this firm is overwhelmingly unfavourable.

What’s the monetary power of Accordia Life?

In line with the impartial monetary reviewer A.M. Greatest, Accordia Life has a monetary power ranking of A. This implies the corporate is in a strong monetary place and can possible be capable of pay all of its advantages in a well timed trend.

Your life insurance coverage quotes are at all times free.

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What’s the underside line?

This life insurance coverage enterprise is comparatively new to the life insurance coverage business. It doesn’t provide entire life insurance coverage merchandise, it doesn’t enable customers to simply begin the appliance course of on-line, and it has a variety of unfavourable opinions on-line.

In the event you’re in search of a common life insurance coverage coverage, chances are you’ll be interested by Accordia life, but when not, you’re prone to discover a higher firm on your wants than this one. You may be capable of discover higher safety for your loved ones at a greater fee with one other supplier.

Prepared to check Accordia Life insurance coverage choices with the competitors? Enter your ZIP code beneath to check life insurance coverage charges from the highest corporations in your space.

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