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Allstate
About the Company
Allstate was founded in 1931 as a part of Sears, Roebuck Co. In 1993 they became a publicly traded company and in 1995, Allstate became a fully independent company, located in Northbrook, Illinois. Today, the Allstate Corporation is one of the nation's largest publicly held personal insurance companies. In fact, the company is a Fortune 100 company with $156 billion in assets. They insure over 17 million households across the United States.
Allstate's Mission Statement is as follows: To be the best serving our customers by providing peace of mind and enriching their quality of life through our partnership in the management of the risks they face.
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Term Life Insurance Products
Allstate's term life insurance products offer the following term life features and benefits:
- A choice between a five, ten, fifteen, twenty, or thirty year policy
- An income tax free death benefit
- Term life insurance is a great compliment to your permanent policy in times when your financial contributions to your family are vital.
- Many term policies allow you to extend your coverage for an additional term without taking another medical exam.
- Some policies allow you to convert your term policy to a Permanent policy.
- Because your premium payments are not invested to produce returns, term policies are much less expensive than permanent policies.
Allstate Financial Ratings
A.M. Best: A+ (Superior)
Standard & Poor's: AA (Very Strong)
Moody's Investors: Aa2 (Excellent)
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Term Life Insure provides free information concerning insurance products and services, but is not an agency or an insurer. We are not associated with the company or companies profiled on this page and we make no representation, express or implied, that you will receive a quote from the company profiled herein. Products may not be available in all states. Please speak to your insurance agent or carrier directly for more information.
