Accordia Life Insurance Review [2024]
Accordia Life insurance is most often sold in universal life insurance policies. This company does not sell whole life insurance, and its term life insurance offerings are sparse.
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Kristen Gryglik
Licensed Insurance Agent
Kristen is a licensed insurance agent working in the greater Boston area. She has over 20 years of experience counseling individuals and businesses on which insurance policies best fit their needs and budgets. She knows everyone has their own unique needs and circumstances, and she is passionate about counseling others on which policy is right for them. Licensed in Massachusetts, New Hampshire,...
Licensed Insurance Agent
UPDATED: Oct 12, 2024
It’s all about you. We want to help you make the right life insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance company and cannot guarantee quotes from any single company.
Our life insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.
UPDATED: Oct 12, 2024
It’s all about you. We want to help you make the right life insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance company and cannot guarantee quotes from any single company.
Our life insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
Accordia Life Insurance:
- Accordia Life is a newcomer to the life insurance and annuities marketplace; the company is less than 20 years old
- Accordia Life is part of the parent company Global Atlantic which was created by Goldman Sachs back in 2004
- In 2013, Global Atlantic split from Goldman Sachs
- The Accordia Life brand was created in 2013 following Global Atlantic’s split from Goldman Sachs
Accordia Life insurance products and services are relatively new when it comes to the life insurance marketplace. Consumers are likely not as familiar with this life insurance company or the products that it offers.
Whether you are looking for term life insurance quotes or you just want to learn more about Accordia Life and Annuity Company, this review will be a helpful resource in your life insurance journey.
We will take the time to review the life insurance products offered by Accordia Life and Annuity Company, see what consumers think about this company, and review its financial strength ratings.
Ready to buy Accordia Life insurance? Enter your ZIP code above to compare life insurance quotes from the top companies in your area.
How do Accordia’s life insurance rates compare with the competition?
Compared with other major insurers in the marketplace, this is how Accordia Life Insurance monthly premium rates stack up for a $250,000 term life policy for a man.
Sample Liberty Mutual Life Insurance Rates by Age, Gender, and Coverage
| Age | $100,000: 20-Year Term (Male) | $100,000: 20-Year Term (Female) | $250,000: 20-Year Term (Male) | $250,000: 20-Year Term (Female) | $500,000: 20-Year Term (Male) | $500,000: 20-Year Term (Female) |
|---|---|---|---|---|---|---|
| 25 | $22.14 | $17.73 | $33.30 | $23.40 | $45.45 | $35.55 |
| 35 | $24.03 | $20.16 | $39.60 | $30.15 | $60.30 | $45.00 |
| 45 | $39.06 | $32.04 | $78.53 | $62.33 | $123.75 | $95.85 |
| 55 | $95.58 | $67.05 | $220.95 | $149.85 | $380.70 | $247.05 |
And, this is how Accordia Life’s rates compare for a woman with a $250,000 term life insurance policy.
Sample MassMutual Life Insurance Rates by Age, Gender, and Coverage
| Age | $100,000: 20-Year Term (Male) | $100,000: 20-Year Term (Female) | $250,000: 20-Year Term (Male) | $250,000: 20-Year Term (Female) | $500,000: 20-Year Term (Male) | $500,000: 20-Year Term (Female) |
|---|---|---|---|---|---|---|
| 25 | $10.36 | $9.66 | $15.00 | $13.48 | $23.08 | $19.58 |
| 35 | $10.79 | $9.84 | $15.88 | $13.93 | $24.38 | $21.33 |
| 45 | $17.93 | $15.06 | $32.40 | $26.33 | $57.43 | $44.83 |
| 55 | $39.24 | $29.24 | $73.73 | $57.43 | $139.23 | $103.98 |
While Accordia Life may not have quite as many term life insurance options, it does have pretty good prices when compared with other major life insurance providers.
Read more: Liberty Mutual Life Insurance Review
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What life insurance products does Accordia Life sell?
Accordia Life Insurance Company sells term life insurance, universal life insurance, and indexed universal life (IUL) insurance products. This company does not sell whole life insurance products, which many consumers may want to purchase.
If you’re looking for whole life insurance, you will have to shop elsewhere because this company does not offer that type of life insurance. Whole life insurance offers coverage for a person’s entire life. If you do want permanent life insurance coverage, universal life insurance policies may be able to meet your needs.
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What are the specifics of Accordia Life’s term life insurance policies?
Accordia Life’s term life insurance policies come in 10-, 20-, or 30-year term lengths. Most life insurance companies offer more term length options, including 15- and 25-year options, but Accordia Life Insurance Company does not.
Accordia Life Insurance Company will sell term life insurance policies with coverage as low as $50,000, which many other companies won’t offer. Most life insurance companies only offer a minimum of $100,000 of term life insurance coverage.
What are the specifics of Accordia Life’s universal and indexed universal life insurance policies?
Accordia’s most popular life insurance products are its universal life insurance products. Universal life policies may be a good option for you if you are looking for permanent life insurance coverage. However, universal life insurance coverage is not the same as whole life insurance. For more information check out whole vs. universal life insurance.
Accordia Life offers three different types of universal life insurance. This includes two distinct indexed universal life policies.
Accordia Life’s basic universal life insurance policies offer consumers the ability to get permanent life insurance coverage, cash value accumulation, and versatility when it comes to paying their premiums and adjusting their coverage.
Universal life insurance offers consumers the benefit of tax-deferred cash value accumulation.
This type of life insurance policy can be a great savings vehicle if you have already maxed out your IRA or 401(k) contributions. Universal life insurance policies also give consumers flexibility with when and how much their premium payments will be.
Indexed universal life insurance gives consumers the ability to grow their cash value at a much higher rate. However, there are more risks associated with indexed universal life insurance policies. These policies allow the policyholders to invest the cash value of their policy in the markets.
Accordia Life offers two types of indexed universal life insurance coverage; these policies are branded “Lifetime Foundation” and “Lifetime Builder.” The Lifetime Foundation policy allows the policyholder to adjust the death benefit as it suits their needs. You can choose to focus on more cash accumulation or move life insurance coverage as the years go by.
The Lifetime Builder policy is more focused on the cash growth aspect of the indexed universal life insurance policy. This policy is most recommended for individuals who are focused on cash value growth.
Either of the indexed universal life insurance policies offered by Accordia Life can be customized to suit your needs with the addition of life insurance riders.
Your life insurance quotes are always free.
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Your life insurance quotes are always free.
Secured with SHA-256 Encryption
Is getting life insurance from Accordia Life easy?
Most life insurance companies will allow you to get quotes and start the application process for life insurance online. This is not the case at Accordia Life. This company requires you to call a life insurance agent and speak about the application process with them to get started.
What do consumers think of Accordia Life?
Reviews on the Internet for Accordia Life are exceedingly negative, with a significant number of complaints. This is an indication that the customer service provided by this company is likely lacking in many key ways.
It is important to take consumer complaints with a grain of salt, but the online consensus for this company is overwhelmingly negative.
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What is the financial strength of Accordia Life?
According to the independent financial reviewer A.M. Best, Accordia Life has a financial strength rating of A. This means the company is in a solid financial position and will likely be able to pay all of its benefits in a timely fashion.
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What’s the bottom line?
This life insurance business is relatively new to the life insurance industry. It doesn’t offer whole life insurance products, it doesn’t allow consumers to easily start the application process online, and it has a lot of negative reviews online.
If you need whole life insurance, compare whole life insurance companies.
If you’re looking for a universal life insurance policy, you may be interested in Accordia life, but if not, you’re likely to find a better company for your needs than this one. You might be able to find better protection for your family at a better rate with another provider.
Ready to compare Accordia Life insurance options with the competition? Enter your ZIP code below to compare life insurance rates from the top companies in your area.
Navigating Accordia Life Insurance: Key Contact Information and Customer Resources
Accordia Life Insurance offers a range of life insurance products, but accessing their services and support can sometimes be confusing. This guide will help you find the right contact information, navigate their website, and understand their customer service options.
Key Contact Information
To ensure you have all the necessary details, here is a comprehensive list of important contact numbers and online resources for Accordia Life and Annuity Company:
- Accordia Life and Annuity Company Phone Number: This is the main contact number for general inquiries and support.
- Accordia Life Insurance Phone Number: Direct line for life insurance specific questions.
- Global Atlantic Financial Group Phone Number: Since Accordia Life is part of Global Atlantic, this number can assist with broader queries related to their financial group.
Online Resources and Access
For convenient online management of your insurance policies, utilize these resources:
- Accordia Life and Annuity Company Website: Visit for comprehensive information about products, services, and company details.
- Accordia Life Insurance Website: Dedicated site for all life insurance-related information.
- Accordia Life and Annuity Company Insurance Website: Alternative portal for policy management and details.
- Accordia Life and Annuity Company Online Payment: Secure portal for making online payments.
- Accordia Life and Annuity Company Login: Access your account online for policy management.
- Accordia Life Insurance Login: Specific login page for life insurance policyholders.
- Accordia Life Agent Login: For agents managing policies and customer interactions.
Customer Service and Support
If you need assistance, these resources will guide you:
- Accordia Life Customer Service: General customer service support for various inquiries.
- Accordia Life Insurance Customer Service: Dedicated support for life insurance-related issues.
- Accordia Life Insurance Lawsuit: Information on how to handle legal disputes or issues with Accordia Life Insurance.
- Accordia Life Policy Premiums: Details on how to manage and pay your policy premiums.
Additional Resources and Comparisons
To help you make informed decisions, here are some reviews and additional resources related to life insurance:
- Accordia Life Wellness for Life Rewards: Information on rewards programs for Accordia Life customers.
- Accordia National Insurance: Insights into their national insurance offerings.
- Aflac Life Insurance Reviews: Compare Accordia with other providers like Aflac for a broader perspective.
- AIG Life Insurance Reviews: Additional reviews to help assess various insurance options.
- Bottom Line Savings BBB: Check ratings and reviews from the Better Business Bureau.
- Cash Value Life Insurance Reviews: Evaluate different cash value life insurance options.
- Colonial Penn Negative Reviews: Understand common issues with Colonial Penn to compare with Accordia.
- Forethought Insurance: Learn about Forethought Insurance as an alternative.
- Forethought Life Insurance: Specific insights into Forethought Life Insurance Company.
- Forethought Life Insurance Company: Detailed review and comparison.
Whether you’re seeking detailed contact information or exploring various life insurance options, this guide provides essential resources and comparisons to help you navigate Accordia Life Insurance and related providers effectively.
How to Access Accordia Insurance Services
To manage your policies and access support from Accordia Insurance, follow these steps:
- Accordia Insurance: Visit the main site for general information and services.
- Accordia Insurance Company: Check out the company-specific page for detailed resources and contact information.
- Accordia Agent Login: Use this portal to access your account if you’re an agent managing policies or client interactions.
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Exploring Key Aspects of Life Insurance: Reviews and Comparisons
When navigating the world of life insurance, understanding different companies and their offerings is crucial. This guide will cover important aspects of various life insurance providers and products, helping you make informed decisions. We’ll explore reviews, comparisons, and key features of several companies and insurance types.
Overview of Life Insurance Providers and Reviews
Life Insurance Company Reviews and Ratings
- Forethought Life Insurance Company
- Complaints: Explore common complaints about Forethought Life Insurance to gauge customer satisfaction.
- Forethought Life Insurance Phone Number: 1-866-645-2449
- Global Atlantic Financial Group
- Annuity Ratings and Reviews: Review ratings for Global Atlantic Annuities to understand their market position.
- Financial Group Reviews: Insights into Global Atlantic Financial Group’s overall reputation.
- Go Ready Insurance
- Reviews: Examine customer feedback for Go Ready Insurance to evaluate its service quality.
- Haven Life Insurance
- Review: A detailed review of Haven Life Insurance to help you assess its offerings.
- Manhattan Life Insurance
- Reviews: Find out what customers say about Manhattan Life Insurance.
- Quick Case: Details on Manhattan Life Quick Case for quick policy assessments.
- National Family Life Insurance
- Reviews: Insights into National Family Life Insurance to evaluate its performance and customer service.
- Vantis Life Insurance
- Reviews: Explore what users say about Vantis Life Insurance.
Comparative Analysis of Life Insurance Products
When comparing different life insurance products, it’s essential to consider various factors to determine the best fit for your needs. For example, Global Atlantic Annuity ratings and Global Atlantic Annuity reviews provide valuable insights into the performance and customer satisfaction associated with Global Atlantic’s annuity products.
Additionally, reviewing Global Atlantic Financial Group reviews can offer a broader perspective on the company’s overall reputation and financial stability. By examining these aspects, you can make a more informed decision about which life insurance or annuity product aligns with your financial goals and preferences.
Comparing Different Types of Life Insurance
- Indexed Universal Life vs Whole Life
- Comparison: Key differences between Indexed Universal Life and Whole Life insurance policies, including benefits and limitations.
- Indexed Universal Life Insurance Reviews
- Reviews: Customer feedback on Indexed Universal Life Insurance to understand its performance and suitability.
- IUL Insurance Reviews
- Insights: Detailed reviews of Indexed Universal Life Insurance (IUL) to help evaluate its advantages and challenges.
- Universal Life Insurance Reviews
- Reviews: Explore customer opinions on Universal Life Insurance, including its flexibility and cash value accumulation.
- Universal Whole Life Insurance Reviews
- Reviews: Insights into Universal Whole Life Insurance to understand its features and benefits.
- Whole Life Insurance Reviews
- Reviews: Comprehensive reviews of Whole Life Insurance policies, highlighting their benefits and customer satisfaction.
Quick Quote and Resource Tools
- Quick Life Insurance Quote
- Tool: How to get quick life insurance quotes to compare options efficiently.
- Life Insurance Reviews and Resources
- Resources: Access reviews and resources for a broader understanding of life insurance products.
- Solid Quote Insurance Reviews
- Reviews: Customer feedback on Solid Quote Insurance for evaluating their services.
- Quick Quote Insurance
- Tool: Overview of Quick Quote Insurance for obtaining instant insurance quotes.
- Term Life Insurance Reviews
- Reviews: Customer experiences with Term Life Insurance policies.
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How to Use Reviews and Ratings for Choosing Insurance
When selecting an insurance policy, leveraging reviews and ratings can be a crucial part of your decision-making process. For instance, Go Ready Insurance reviews and Haven Life Insurance review can provide insights into the quality of service and customer satisfaction offered by these providers.
Additionally, examining reviews about insurance with living benefits helps you understand how well the policy meets the needs of those seeking living benefits. Evaluating Manhattan Life Insurance reviews, National Family Life Insurance reviews, and National Life Insurance reviews further aids in comparing various insurance options based on real customer experiences and feedback. By carefully considering these reviews, you can make a more informed choice that best fits your insurance needs and expectations.
Steps to Evaluate Life Insurance Companies
- Gather Reviews
- Collect reviews from multiple sources to get a balanced view of the company’s reputation.
- Compare Ratings
- Review ratings from independent agencies to assess financial stability and service quality.
- Analyze Product Offerings
- Compare different types of insurance products to find what best suits your needs.
- Consider Customer Feedback
- Evaluate customer feedback on various aspects of service and support.
- Use Comparison Tools
- Utilize online tools to compare quotes and features across different insurance providers.
By reviewing these aspects, you can make more informed decisions about your life insurance needs, ensuring you choose a provider that meets your expectations and financial goals.
Evaluating Life Insurance Providers: Key Considerations
When assessing potential life insurance providers, it’s important to review feedback and complaints to ensure you choose a reliable company. Start by checking reviews on life insurance companies to get a general sense of customer satisfaction across the industry. Delve deeper into specific providers by examining Universal Insurance Company reviews and Vantis Life Insurance reviews to understand their performance and service quality. Additionally, be aware of any Forethought Life Insurance Company complaints, as these can highlight potential issues or areas of concern that might affect your decision. This thorough evaluation will help you make a more informed choice about your life insurance coverage.
Frequently Asked Questions
How do Accordia’s rates compare to competitors?
Accordia offers competitive rates.
What life insurance does Accordia sell?
They offer term, universal, and indexed universal life insurance.
What are the specifics of their term life insurance?
Terms of 10, 20, or 30 years, with coverage starting at $50,000.
What about their universal and indexed universal life insurance?
They provide options for cash value growth and flexible premiums.
Is getting life insurance from Accordia easy?
You need to speak with an agent to start the application.
Your life insurance quotes are always free.
Secured with SHA-256 Encryption
Kristen Gryglik
Licensed Insurance Agent
Kristen is a licensed insurance agent working in the greater Boston area. She has over 20 years of experience counseling individuals and businesses on which insurance policies best fit their needs and budgets. She knows everyone has their own unique needs and circumstances, and she is passionate about counseling others on which policy is right for them. Licensed in Massachusetts, New Hampshire,...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.
