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Accordia Life Insurance coverage Evaluate [2021]


Rachael Brennan has been working within the insurance coverage business since 2006 when she started working as a licensed insurance coverage consultant for twenty first Century Insurance coverage, throughout which period 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 threat 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 army 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 2, 2022

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Fast Details

  • Accordia Life is a newcomer to the life insurance coverage and annuities market; the corporate is lower than 20 years outdated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

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

Whether or not you’re searching for time period life insurance coverage quotes otherwise you simply need to study extra about Accordia Life and Annuity Firm, this assessment will likely be a useful useful resource in your life insurance coverage journey.

We’ll take the time to assessment the life insurance coverage merchandise supplied by Accordia Life and Annuity Firm, see what customers take into consideration this firm, and assessment its monetary energy scores.

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

How do Accordia’s life insurance coverage charges examine 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 examine for a lady with a $250,000 time period life insurance coverage coverage.

Whereas Accordia Life could 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.

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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 could need to buy.

In case you’re searching for entire life insurance coverage, you’ll have to store elsewhere as a result of this firm doesn’t supply that sort of life insurance coverage. Complete life insurance coverage provides protection for an individual’s total life. In case you do need everlasting life insurance coverage protection, common life insurance coverage insurance policies might be able to 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 in 10-, 20-, or 30-year time period lengths. Most life insurance coverage firms 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 firms received’t supply. Most life insurance coverage firms 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 great possibility for you in case you are searching for everlasting life insurance coverage protection. Nonetheless, common life insurance coverage protection is just not the identical as entire life insurance coverage.

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

Accordia Life’s fundamental common life insurance coverage insurance policies supply customers the power 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 advantage of tax-deferred money worth accumulation.

This kind of life insurance coverage coverage could be a nice financial savings automobile you probably have already maxed out your IRA or 401(ok) contributions. Common life insurance coverage insurance policies additionally give customers flexibility with when and the way a lot their premium funds will likely be.

Listed common life insurance coverage provides customers the power to develop their money worth at a a lot increased fee. Nonetheless, there are extra dangers related to listed common life insurance coverage insurance policies. These insurance policies enable the policyholders to speculate the money worth of their coverage within the markets.

Accordia Life provides two kinds 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 dying 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 facet of the listed common life insurance coverage coverage. This coverage is most beneficial for people who’re centered on money worth development.

Both of the listed common life insurance coverage insurance policies supplied 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 firms will mean you can get quotes and begin the applying 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?

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

It is very important take shopper complaints with a grain of salt, however the on-line consensus for this firm is overwhelmingly damaging.

What’s the monetary energy of Accordia Life?

In keeping with the impartial monetary reviewer A.M. Finest, Accordia Life has a monetary energy score of A. This implies the corporate is in a strong monetary place and can seemingly be capable to pay all of its advantages in a well timed style.

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What’s the underside line?

This life insurance coverage enterprise is comparatively new to the life insurance coverage business. It doesn’t supply entire life insurance coverage merchandise, it doesn’t enable customers to simply begin the applying course of on-line, and it has loads of damaging critiques on-line.

In case you’re searching for a common life insurance coverage coverage, you could be all for Accordia life, but when not, you’re prone to discover a higher firm in your wants than this one. You may be capable to discover higher safety for your loved ones at a greater fee with one other supplier.

Prepared to check Accordia Life insurance coverage choices with the competitors? Enter your ZIP code beneath to check life insurance coverage charges from the highest firms in your space.

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