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American-Amicable Group

What is American-Amicable Group?

American-Amicable Life Insurance Company of Texas is part of the American-Amicable Group. Their products include whole life insurance, term life insurance, and universal life insurance to protect generations and assist in estate preservation. 

When was American-Amicable Life Insurance Company of Texas Founded?

American-Amicable Life Insurance Company was founded in 1910 with a primary focus on providing life insurance solutions to a wide variety of individuals. As a special markets insurance provider, American-Amicable Group has evolved over the years through continued growth and innovation in the ever-changing landscape that is the insurance industry.

Where is American-Amicable Group Texas headquartered?

American-Amicable Group is headquartered in the historic ALICO building in Waco, Texas. The ALICO building is a well known landmark in the city representing strength and stability.

How do I contact American Amicable?

To contact American Amicable, their Live Chat is available Monday-Friday 8:00AM to 4:45PM Central Time (excluding holidays). Phone hours are also Monday-Friday from 8:00AM to 4:00PM (excluding holidays). Their main company phone number is (254) 297-2777..

With an excellent response time, Live Chat is the recommended way for individuals to communicate with American Amicable.

American-Amicable Life Insurance Company Texas

What are the main types of life insurance?

Life insurance comes in many different forms. Each type of insurance is designed to meet different goals and needs for the policyholders. Some of the most common forms of life insurance include: 

  • Term life insurance: Provides coverage for a specific period, such as 10, 20, or 30 years. The provider pays out a death benefit if the policyholder dies within the term. This policy is typically more affordable and simpler than other types of life insurance and is a great option for periods of your life, such as when buying a home, starting a family, and many other life events.
  • Whole life insurance: Provides coverage for the policyholder’s entire life, as long as they pay the premiums. It includes a cash value component, which grows over time, that can be borrowed against, as needed in an emergency or other life event where cash is needed. Premiums are typically higher than term life insurance.

Universal life insurance: Offers flexible premiums and adjustable death benefits. It includes a cash value component that earns interest and the cash value can be accessed via a loan or withdrawal. Policyholders can adjust the death benefit and premium payments within certain limits.