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Accordia Life Insurance coverage Assessment [2021]

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Rachael Brennan has been working within the insurance coverage trade since 2006 when she started working as a licensed insurance coverage consultant for twenty first Century Insurance coverage, throughout which era 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 nicely. 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 companies. He’s additionally a strategic author and editor with a background in branding, advertising and marketing, and high quality assurance. He has been in navy newsrooms — actually on the frontline of journalism.

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Reviewed by



Benji Carr


Former Licensed Life Insurance coverage Agent

Benji Carr

UPDATED: Could 23, 2022

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Accordia Life Insurance coverage:

Fast Information

  • Accordia Life is a newcomer to the life insurance coverage and annuities market; the corporate is lower than 20 years outdated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

Accordia Life insurance coverage services and products are comparatively new with regards to the life insurance coverage market. Shoppers are doubtless not as accustomed to this life insurance coverage firm or the merchandise that it provides.

Whether or not you might be in search of time period life insurance coverage quotes otherwise you simply need to be taught extra about Accordia Life and Annuity Firm, this evaluation might 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 provided by Accordia Life and Annuity Firm, see what customers take into consideration this firm, and evaluation its monetary energy rankings.

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

How do Accordia’s life insurance coverage charges evaluate 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 evaluate for a lady 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 compared 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 need to buy.

Should you’re in search of entire life insurance coverage, you’ll have to store elsewhere as a result of this firm doesn’t supply that kind of life insurance coverage. Entire life insurance coverage provides protection for an individual’s whole life. Should 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 supply 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 supply. Most life insurance coverage corporations solely supply 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 very good choice for you if you’re in search of everlasting life insurance coverage protection. Nevertheless, common life insurance coverage protection just isn’t the identical as entire life insurance coverage.

Accordia Life provides three various kinds of common life insurance coverage. This consists of two distinct listed common life insurance policies.

Accordia Life’s primary common life insurance coverage insurance policies supply customers the flexibility to get everlasting life insurance coverage protection, money worth accumulation, and flexibility with regards to paying their premiums and adjusting their protection.

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

Such a life insurance coverage coverage could be a nice financial savings automobile when you’ve got already maxed out your IRA or 401(okay) contributions. Common life insurance coverage insurance policies additionally give customers flexibility with when and the way a lot their premium funds might be.

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

Accordia Life provides two sorts 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 may select to deal with additional cash accumulation or transfer life insurance coverage protection because the years go by.

The Lifetime Builder coverage is extra centered on the money development side of the listed common life insurance coverage coverage. This coverage is most really useful for people who’re centered on money worth development.

Both of the listed common life insurance coverage insurance policies provided by Accordia Life might be custom-made 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 straightforward?

Most life insurance coverage corporations will permit you to 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 in regards to the software course of with them to get began.

What do customers consider Accordia Life?

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

You will need to take client complaints with a grain of salt, however the on-line consensus for this firm is overwhelmingly unfavorable.

What’s the monetary energy of Accordia Life?

Based on the impartial monetary reviewer A.M. Finest, Accordia Life has a monetary energy ranking of A. This implies the corporate is in a stable monetary place and can doubtless be capable to pay all of its advantages in a well timed vogue.

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 trade. It doesn’t supply entire life insurance coverage merchandise, it doesn’t permit customers to simply begin the appliance course of on-line, and it has numerous unfavorable evaluations on-line.

Should you’re in search of a common life insurance coverage coverage, you might be all for Accordia life, but when not, you’re more likely to discover a higher firm to your wants than this one. You may be capable to discover higher safety for your loved ones at a greater price with one other supplier.

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

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