Athene Life Insurance Company of New York Review (2024)

Discover comprehensive coverage and financial security with Athene Life Insurance Company of New York.

UPDATED: Jun 14, 2024Fact Checked

Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

UPDATED: Jun 14, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers 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 auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

UPDATED: Jun 14, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Jun 14, 2024Fact Checked
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Athene Life Insurance Company of New York

Average monthly rate for healthy individuals:

$54

A.M. Best rating:

A

Complaint level:

Low

Pros

  • The diverse range of insurance options
  • Strong financial stability and A.M. Best rating
  • Competitive rates and customizable policies
  • Dedicated customer support
  • Transparent claims process

Cons

  • Limited online account management features
  • Coverage availability may vary by location
  • Additional fees for certain policy customizations
  • Limited availability of certain specialized policies
  • The online quote process could be more streamlined

Discover the comprehensive range of insurance solutions provided by Athene Life Insurance Company of New York in this in-depth guide. From life insurance to term life, whole life, disability, and long-term care insurance, Athene offers a versatile portfolio tailored to various life stages.

With a strong A.M. Best rating and competitive rates, Athene ensures financial security for policyholders. This article explores the specifics, pros, and cons of each coverage option, highlighting the benefits of their offerings and the potential considerations.

Whether you’re a young professional, a family-oriented individual, or planning for retirement, Athene’s array of policies provides a safety net in times of uncertainty.

Dive into the details, understand the discounts available, and gain insights into this insurer’s competition within the industry. Make informed decisions about safeguarding your future with the diverse insurance options offered by Athene Life Insurance Company of New York.

Athene Life Insurance Company of New York Insurance Coverage Options

Athene Life Insurance Company of New York presents a comprehensive suite of coverage options designed to meet a diverse range of needs. Here are the key insurance policies they offer:

  • Life insurance: Providing a crucial safety net for your loved ones, Athene’s life insurance ensures that your beneficiaries are financially supported in the event of your passing. This coverage offers a lump sum payment that can be utilized to cover various expenses during a challenging time.
  • Term life insurance: Tailored to specific periods of your life, term life insurance offers affordable protection during critical stages such as raising a family or paying off a mortgage. It provides a defined coverage term, allowing you to match your insurance needs with your current life situation.
  • Whole life insurance: Offering lifelong coverage and a cash value component, whole life insurance serves as a dual-purpose policy. It not only provides protection but also builds cash value over time, which can be accessed or used for various financial goals.
  • Disability insurance: Athene’s disability insurance ensures your financial stability in the face of unexpected events. If you become disabled and are unable to work, this coverage replaces a portion of your income, helping you maintain your lifestyle and meet essential expenses.
  • Long-term care insurance: As you plan for your later years, long-term care insurance becomes increasingly valuable. This coverage assists in managing the costs associated with extended care, whether it’s in a nursing home or through in-home assistance.

With these coverage options, Athene Life Insurance Company of New York ensures that you have the flexibility and security you need to navigate life’s various stages with confidence and peace of mind.

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Athene Life Insurance Company of New York Insurance Rates Breakdown

Driver ProfileAthene Life Insurance Company of New YorkNational Average
Clean Record$159$119
1+ Ticket$172$147
1+ Accident$200$173
DUI$235$209
Poor Credit$273$205

*monthly rates are based on an average of minimum and full coverage for a 45-year-old male driver

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Athene Life Insurance Company of New York Discounts Available

DiscountAthene Life Insurance Company of New York
Anti Theft5%
Good Student10%
Low Mileage5%
Paperless3%
Safe Driver10%
Senior Driver10%

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Athene Life Insurance Company of New York recognizes the importance of making insurance accessible and affordable. To this end, they offer a range of discounts that can help you save on your insurance premiums. Here are the discounts you may be eligible for:

  • Multi-policy discount: Save by bundling multiple insurance policies with Athene, such as combining your life insurance with home or auto coverage.
  • Good health discount: Enjoy reduced premiums if you’re in good health and can demonstrate healthy habits through medical assessments.
  • Safe driver discount: If you’re also insuring your vehicles with Athene, maintaining a clean driving record can lead to lower life insurance premiums.
  • Loyalty discount: Long-term policyholders may be rewarded with discounts for their continued commitment to Athene.
  • Preferred payment discount: Opting for certain payment methods, such as electronic funds transfer (EFT), could result in additional savings.
  • Early signing discount: Secure your policy ahead of time and benefit from discounts for proactive planning.

These discounts reflect Athene’s dedication to providing value to their policyholders while ensuring that your insurance coverage remains accessible and tailored to your circumstances.

How Athene Life Insurance Company of New York Ranks Among Providers

In the highly competitive landscape of insurance, Athene Life Insurance Company of New York faces several formidable competitors. These companies also offer diverse insurance solutions and strive to meet the needs of policyholders. Here are some of Athene’s main competitors:

  • Prudential Financial: Prudential is a well-established player in the insurance industry, offering a wide array of life insurance options, investment products, and retirement solutions. Their financial strength and variety of coverage choices make them a prominent competitor.
  • Metlife: Metlife is recognized globally for its extensive range of insurance and financial products. They offer various life insurance options, including term life, whole life, and universal life policies, catering to a diverse clientele.
  • New York Life: New York Life is one of the largest mutual life insurance companies in the United States. With a focus on whole life insurance and a strong commitment to policyholder dividends, they compete by emphasizing stability and long-term financial security.
  • Northwestern Mutual: Known for its emphasis on financial planning and personalized strategies, Northwestern Mutual offers a range of insurance and investment options. Their focus on building long-term relationships with clients sets them apart in the industry.
  • AIG Life Insurance: AIG provides a broad spectrum of insurance solutions, including term life, universal life, and indexed universal life insurance policies. They leverage their global presence and financial expertise to compete in the life insurance market.
  • Lincoln Financial Group: Lincoln offers a variety of life insurance options alongside retirement and wealth management services. Their strong financial ratings and diverse product offerings position them as a significant competitor.

In this dynamic landscape, Athene Life Insurance Company of New York stands out with its unique offerings and commitment to financial stability. These competitors, however, emphasize their strengths and tailored solutions, creating a healthy market where policyholders can find the coverage that best suits their individual needs.

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Athene Life Insurance Company of New York Claims Process

Ease of Filing a Claim (Online, Over the Phone, Mobile Apps)

When it comes to filing a claim with Athene Life Insurance Company of New York, policyholders have multiple convenient options. The company offers an easy-to-navigate online portal, allowing customers to file claims from the comfort of their homes.

Additionally, Athene provides a phone-in option for those who prefer direct assistance. Their mobile app further enhances the convenience, enabling policyholders to initiate claims using their smartphones or tablets.

Average Claim Processing Time

Athene understands the importance of timely claim processing. While the specific processing time may vary depending on the nature and complexity of the claim, the company strives to expedite the process as much as possible. Policyholders can expect a fair and efficient evaluation of their claims, with Athene committed to providing swift resolutions.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback plays a crucial role in assessing the effectiveness of an insurance company’s claims process. Athene Life Insurance Company of New York prides itself on its commitment to customer satisfaction.

To gauge the company’s performance in claim resolutions and payouts, it’s essential to consider customer reviews and testimonials. By understanding the experiences of other policyholders, potential customers can make informed decisions about Athene’s claims handling.

Athene Life Insurance Company of New York’s Digital and Technological Features

Mobile App Features and Functionality

Athene’s mobile app is a valuable tool for policyholders, offering a range of features and functionality. Users can access their policy information, make premium payments, and even initiate claims from the app. The intuitive interface ensures a user-friendly experience, making it easier for customers to manage their insurance needs on the go.

Online Account Management Capabilities

For policyholders who prefer to manage their accounts through a web browser, Athene provides a robust online account management platform. This platform allows customers to view policy details, update personal information, and track their coverage conveniently. It empowers users with the ability to make changes to their policies and stay informed about their insurance status.

Digital Tools and Resources

In today’s digital age, having access to helpful resources can make a significant difference in understanding insurance coverage. Athene offers a variety of digital tools and resources on their website, such as educational articles, calculators, and frequently asked questions.

These resources empower policyholders with the knowledge they need to make informed decisions about their insurance policies.

Frequently Asked Questions

What types of insurance does Athene Life Insurance Company of New York offer?

Athene Life Insurance Company of New York provides a range of insurance options, including life insurance, term life insurance, whole life insurance, disability insurance, and long-term care insurance.

How does term life insurance differ from whole life insurance?

Term life insurance provides coverage for a specific period, offering affordability and flexibility. Whole life insurance, on the other hand, offers lifelong coverage and includes a cash value component that grows over time.

What benefits come with Athene’s disability insurance?

Athene’s disability insurance replaces a portion of your income if you become disabled and unable to work. This ensures financial stability during challenging times and helps you maintain your lifestyle and essential expenses.

How can I save on premiums with Athene Life Insurance Company of New York?

Athene offers several discounts, including multi-policy, good health, safe driver, loyalty, preferred payment, and early signing discounts. These discounts can help you reduce your insurance premiums while maintaining comprehensive coverage.

What sets Athene apart from its competitors?

Athene stands out with its diverse range of insurance solutions, competitive rates, and strong A.M. Best rating. The company’s commitment to financial stability and tailored coverage options make it a reliable choice for those seeking insurance protection.

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Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Free Insurance Providers Comparison

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption