this Life Insurance has an overall rating of 4 out of 5 stars. Headquartered in Lincoln, Nebraska, Ameritas is a mutual life insurance company offering a variety of term and permanent policies, along with riders that allow policy customization. To apply, you must contact a financial expert from its nationwide network.
Pros of Ameritas Life Insurance
✅ Offers several permanent life insurance options.
✅ Provides a comprehensive list of life insurance riders.
✅ Policies are available across most of the U.S.
| Age | Monthly rate – man | Monthly rate – woman |
|---|---|---|
| 20 | $19.49 | $16.88 |
| 30 | $21.66 | $18.62 |
| 40 | $34.68 | $29.47 |
| 50 | $73.30 | $59.41 |
| 60 | $223.03 | $146.65 |
| 70 | $803.29 | $605.82 |
Types of Ameritas Life Insurance Policies
1. Term Life Insurance
offers three types of term life policies:
🔹 Ameritas Value Plus Term
- Available for 1, 10, 15, 20, or 30 years.
- Open to ages 18 to 80.
- Coverage starts at $100,000.
- You can convert to permanent life insurance within five years at no cost.
🔹 FLX Term
- No medical exam required for coverage up to $300,000.
🔹 Instant Term
- Requires a health questionnaire but no medical exam.
- Most applicants receive a decision within minutes.
🔹 also provides rapid term coverage for online life insurance firm Ethos.
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2. Whole Life Insurance
the offers four whole life policy options:
🔹 Ameritas Access Whole Life
- Premiums payable until age 75 or 25 years, whichever comes first.
🔹 Ameritas Growth Whole Life
- Premiums payable until age 100.
🔹 Ameritas Growth 10 Pay Whole Life
- Similar to Growth Whole Life, but paid off in 10 years.
🔹 Ameritas Value Plus Whole Life
- Designed for lower coverage amounts (typically under $25,000).
📌 Ameritas is a mutual company, meaning whole life policyholders may receive dividends based on the company’s financial performance.
3. Universal Life Insurance
🔹 Ameritas Value Plus UL
- Flexible premiums and payouts allow adjustments based on changing needs.
- Coverage starts at $50,000 or $100,000, depending on age and health.
4. Variable Universal Life Insurance (VUL)
- Allows investment of cash value in different funds.
- Manage investments online.
- Policies include:
- Advisor ClearEdge II VUL
- Performance II VUL
5. Indexed Universal Life Insurance (IUL)
this offers four indexed universal life policies, including:
- Value Plus Survivor IUL – Covers two people, pays out after the second person dies.
Life Insurance Riders Offered by Ameritas
the provides optional riders to customize policies:
✅ Waiver of Premium Rider – Pauses premium payments if you become disabled.
✅ Accidental Death Benefit – Pays extra benefits if death occurs due to an accident.
✅ Accelerated Death Benefit (Care4Life Rider) – Allows early access to the death benefit if diagnosed with a chronic, critical, or terminal illness.
Customer Satisfaction & Complaints
📌 Ameritas has received fewer complaints than expected for a company of its size, based on NerdWallet’s analysis of National Association of Insurance Commissioners (NAIC) data over the past three years.
Ameritas Life Insurance Pricing
💰 Sample Monthly Rates for a 20-year, $500,000 term life insurance policy:
- Male (Non-smoker, Good Health) – $XX/month
- Female (Non-smoker, Good Health) – $XX/month
📌 Final quotes depend on factors like age, health, lifestyle, job, and driving record.
Applying for Ameritas Life Insurance
1️⃣ Enter basic details (birthdate, gender, smoking habits) on the website.
2️⃣ Get an instant term life insurance quote based on the term and rating category.
3️⃣ Consult a financial advisor to finalize the policy.
📌 this Insurance does not allow direct online purchases—you must contact an agent.
Customer Experience with Ameritas
🔹 Website Experience – The site is easy to use, but lacks detailed product information.
🔹 Phone Support – Calling took 8 minutes before reaching a representative, who provided only basic answers before referring to a financial expert.
🔹 Mobile Apps – offers apps for other financial services, but not for managing life insurance policies.
Additional Financial Services from Ameritas
Besides life insurance, Ameritas offers:
✅ Annuities
✅ Disability insurance
✅ Dental & vision insurance
✅ Group life insurance
✅ Investment & financial planning services
How to Contact Ameritas
📞 Phone: 800-745-1112 (Monday–Friday, 7 a.m. – 5 p.m. CT)
📧 Email: Not available for customer service
💬 Live Chat: Not available
How to Choose the Right Life Insurance Policy
1️⃣ Decide the type – Term or whole life?
2️⃣ Select the riders – Do you need waiver of premium, accidental death benefits, etc.?
3️⃣ Determine coverage amount & duration.
4️⃣ Compare policies – Make sure coverage amounts, terms, and medical requirements match.
📌 Don’t just focus on price—check complaint records and customer service quality.
Ameritas Life Insurance Methodology
NerdWallet rates life insurers based on:
✅ Consumer experience
✅ Complaint data from NAIC
✅ Financial strength ratings (indicating ability to pay claims)
Scores are converted into a 5-star system.
📌 NerdWallet does not receive compensation for its reviews.
Final Thoughts
Ameritas offers a solid range of life insurance policies, especially for those looking for flexible premium options or investment-linked coverage. However, its lack of online purchasing options, long wait times for service, and limited digital policy management tools could be a drawback for some.
🔹 Best for: Those looking for long-term policies with customizable riders.
🔹 Not ideal for: Those wanting fully online policy management.
Would you consider Ameritas for your life insurance needs? Let us know in the comments!