United Life Insurance Review [2024]

Explore United Life Insurance Company's extensive coverage options, including a detailed analysis of their policies and available riders, empowering you to make informed insurance decisions.

UPDATED: Jan 30, 2024Fact Checked

Eric Stauffer

Licensed Insurance Agent

Eric Stauffer is an insurance agent and banker-turned-consumer advocate. His priority is educating individuals and families about the different types of insurance coverage. He is passionate about helping consumers find the best coverage for their budgets and personal needs. Eric is the CEO of C Street Media, a full-service marketing firm and the co-founder of ProperCents.com, a financial educat...

Licensed Insurance Agent

Brandon Frady

Licensed Insurance Agent

Brandon Frady has been a licensed insurance agent and insurance office manager since 2018. He has experience in ventures from retail to finance, working positions from cashier to management, but it wasn’t until Brandon started working in the insurance industry that he truly felt at home in his career. In his day-to-day interactions, he aims to live out his business philosophy in how he treats hi...

Licensed Insurance Agent

UPDATED: Jan 30, 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: Jan 30, 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: Jan 30, 2024Fact Checked
no image available

Free Car Insurance Comparison

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

United Life Insurance Company

Average monthly rate for healthy individuals:

N/A

A.M. Best rating:

A-

Complaint level:

Low

Pros

  • Offers a variety of insurance products, including whole life, term life, universal life, and annuities.
  • Provides several riders to customize insurance policies according to individual needs.
  • A.M. Best rating of A- (Excellent) indicates reliable financial strength.
  • Different ways to contact the company, including phone, mail, and email.
  • Agents are available to assist customers with insurance policy purchases.

Cons

  • Requires purchasing policies through partner agents or financial institutions, limiting direct access.
  • Limited information was provided regarding specific policy details and pricing.
  • Not included in J.D. Power’s customer satisfaction study for the past year.

Final Verdict: Review of United Life Insurance Company

Life insurance is among the top types of insurance that are most important for people to have.

United Life insurance offers four different products for their customers to choose from, including annuities. Annuities will help you reach various financial goals.

Find an insurance company near you. Enter your ZIP code and get a free quote today.

[su_box title="The Lowdown" style="default"]
  • United Life offers insurance plans that allow you to receive up to $100,000 in coverage.
  • United Life offers whole life, term life, universal, and annuities.
  • There are 13 different riders that are offered by United Life Insurance Company.
[/su_box] Life insurance is among the top types of insurance that are most important for people to have. United Life insurance offers four different products for their customers to choose from, including annuities. Annuities will help you reach various financial goals. Find an insurance company near you. Enter your ZIP code and get a free quote today.

What You Should Know About United Life Insurance Company

United Life insurance company’s rating is an A- (Excellent) by A.M. Best. This rating is an indicator that the company offers reliable financial banking.

Typically, J.D. Power’s customer satisfaction rates companies on their level of customer service each year. With them rating large companies, United Life was not in the study for the past year.

Contact United Life

United Life Insurance Company has a few different ways that their customers can connect with them.

Main Phone: 800-637-6318

Claims Phone: 866-281-1921

Mailing Address: P.O. Box 728 Cedar Rapids, IA 52406

Email: https://www.unitedlife.com/contactus

Find a United Life insurance agent near you. Enter your ZIP code and get a free quote today.

United Life Insurance Company Insurance Coverage Options

United Life Insurance Company is licensed in most states coast to coast with independent agencies. These independent agencies include representatives of financial institutions and advisors through broker-dealer groups.

This insurance company offers insurance plans that allow you to receive up to $100,000 in coverage. The products offered by United Life include whole life, term life, universal, and annuities.

Whole life insurance policies offered by United Life can range anywhere between $5,000 and $100,000. They are available in single-premium or limited-pay formats. Policies are available for customers between the ages of 0 and 90.

Whole life insurance policies include a living benefit rider and a return of premium rider. The return of premium benefit is based on the year of your natural death.

  • Year 1: Return of premium plus 4.5% interest
  • Year 2: 50% of the ultimate death benefit
  • Year 3: 100% of the ultimate death benefit

United Life also offers term life insurance, a limited insurance policy. When the policy’s term expires, you will have the option to renew, terminate, or convert your policy to a permanent policy.

Their term life insurance policies include a guaranteed death benefit if the policyholder dies when the policy is active.

Universal life insurance is a permanent life insurance policy like whole life, the only difference is that universal life insurance builds cash value. The premiums you pay can have partial investment value, building worth over time. On top of that, there is a death benefit that your beneficiaries can claim after your death.

United Life’s Available Riders

There are several different riders that are offered by United Life. This will allow you to customize your insurance policy so that it works best for you and your family.

Accidental Death Benefit Rider: In the event of accidental death, United Life will pay 100% of the ultimate death benefit from the policy’s effective date.

Children’s Insurance Rider: In the event of your child passing away while the policy is active, this rider will offer a death benefit.

Cost of Living Rider: This will help to ensure that any premiums paid are adjusted to reflect inflation when it’s time for payout.

Disability Premium Payment Rider/DWC: This will ensure that your premiums are waived during the period of disability. This rider is available for those between the ages of 18 and 60, expiring at age 65.

Guaranteed Insurance Option: You have the ability to choose up to five guaranteed insurance options, expiring at the age of 85.

Juvenile Guaranteed Insurability: United Life automatically issues this rider to policyholders between the ages of 0 and 15, sometimes through the age of 25. When this benefit expires, the insured can choose to apply for permanent insurance coverage. Additional permanent insurance coverage may amount up to 10 times your current death benefit $100,000 total.

Living Benefits Rider: This option is for non-rated cases between $25,000 and $500,000. It offers the accelerated death benefit should the policyholder become terminally or chronically ill. It is automatically included with a minimum $50,000 death benefit. (For more information, read our “What is an accelerated death benefit rider?“).

Qualified Care Accelerated Death Benefit Rider: This rider holds a minimum $50,000 face amount with a $300,000 maximum rider benefit. If you are deemed disabled, you may receive a partial payment from the policy’s death benefit when you are receiving long-term care in a nursing home, assisted living facility, or at home.

Return of Premium (ROP): If you are at least 41-years-old and hold a policy of at least $25,000 in coverage, then this rider is for you. After the second policy anniversary, you will be able to access your policy’s cash surrender value.

Scheduled Increase Option Rider: You will be able to increase the amount of coverage that you have as your income increases.

Spouse Insurance Rider/Other Insured: This rider provides life insurance coverage for your spouse or dependent under your policy’s coverage.

Term Rider: With this rider, you will be able to add additional term coverage for your policy when you need extra short-term coverage.

United Life requires its customers to purchase insurance policies through partner agents and financial institutions. Customers can find an agent through their United Life insurance login. Agents can also access the login using their password and Agent ID.

For most policies that are under $100,000 in coverage, a medical exam will not be required. If you want to take a loan against your life insurance policy, loans carry an interest of 8%. There are also incentives offered for non-smokers with additional wellness benefits.

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption

United Life Insurance Company Insurance Rates Breakdown

Driver ProfileUnited LifeNational Average
Clean Record$78$119
1+ Ticket$102$147
1+ Accident$117$173
DUI$158$209
Poor Credit$134$205

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

View as image

United Life Insurance Company Discounts Available

DiscountsUkrainian National Association
Anti Theft11%
Good Student19%
Low Mileage15%
Paperless13%
Safe Driver23%
Senior Driver16%

United Life Insurance Company provides various discounts to help customers save on their insurance policies. These discounts cater to different circumstances and policyholders’ needs, contributing to more affordable coverage options.

  • Non-Smoker Discount: Individuals who don’t smoke may qualify for reduced premiums, promoting healthier lifestyles.
  • Multi-Policy Discount: Customers bundling multiple insurance policies, such as home and life insurance, may receive a discount on their premiums.
  • Good Health Discount: Policyholders demonstrating excellent health conditions might be eligible for reduced rates on their life insurance coverage.
  • Preferred Rate Discount: This discount is offered to individuals meeting specific criteria, such as having a strong credit history or meeting certain health standards.
  • Safe Lifestyle Discount: Customers adhering to a safe and healthy lifestyle, as per predetermined guidelines, may qualify for reduced premiums.

United Life Insurance Company’s discount offerings cater to diverse aspects of policyholders’ lives, rewarding various circumstances and responsible behaviors to provide cost-effective coverage options tailored to individual needs.

How United Life Insurance Company Ranks Among Providers

United Life Insurance Company operates in a competitive landscape within the insurance industry. Understanding its main competitors provides insight into alternative insurance options available to consumers seeking coverage.

  • State Farm: Known for its diverse insurance products, including life, home, auto, and more, State Farm competes with United Life by offering comprehensive coverage options and a wide network of agents.
  • Allstate: With a range of insurance offerings, including life insurance, Allstate competes by providing customizable policies, innovative features, and strong customer service.
  • Prudential Financial: As a well-established financial services company, Prudential offers various life insurance options, investment services, and retirement solutions, presenting competition through its financial expertise and extensive product range.
  • New York Life Insurance Company: Known for its focus on life insurance and long-term care coverage, New York Life competes with United Life by offering a wide array of life insurance products and investment opportunities.
  • Metlife: A global provider of insurance and employee benefit programs, MetLife competes by offering diverse insurance products and financial services, including life insurance, annuities, and more.

Understanding the competitive landscape allows consumers to explore different options and compare offerings, ensuring they find insurance coverage that aligns with their specific needs and preferences.

Effortless Claims Process With United Life Insurance

Ease of Filing a Claim

Customers can file their claims through various channels, including online submission, over the phone, or through the company’s mobile apps, ensuring accessibility and flexibility in claim filing.

Average Claim Processing Time

The average claim processing time with United Life Insurance Company varies based on the nature of the claim. While specific timelines aren’t publicly available, the company strives for efficient processing.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback regarding claim resolutions and payouts varies. While some customers have reported positive experiences with timely and satisfactory claim resolutions, others may have encountered delays or issues.

Streamlined Digital Innovations at United Life Insurance

Mobile App Features and Functionality

The company’s mobile app offers policyholders access to their accounts, allowing them to view policy details, pay premiums, file claims, and receive notifications on-the-go.

Online Account Management Capabilities

The online account management system provides a user-friendly interface for policyholders to manage their policies, update information, and track claims efficiently.

Digital Tools and Resources

United Life Insurance Company offers digital tools and resources, including calculators, educational materials, and FAQs, empowering customers with comprehensive information and assistance online.

Frequently Asked Questions

What types of life insurance does United Life Insurance Company offer?

United Life Insurance Company provides four main products: whole life, term life, universal life, and annuities. These options cater to various needs and financial goals, offering customizable coverage.

What are some key riders available with United Life Insurance policies?

United Life offers several riders to enhance policy coverage, including the Accidental Death Benefit, Children’s Insurance, Disability Premium Payment, Living Benefits, Return of Premium, and more. These riders allow customers to tailor their policies to suit specific needs.

How can customers file claims with United Life Insurance Company?

Customers can file claims through multiple channels, including online submissions, phone calls, or via the company’s mobile apps. This accessibility ensures flexibility for customers in submitting claims.

What are some notable aspects of United Life Insurance Company’s digital tools?

United Life provides a mobile app allowing policyholders to manage accounts, view policy details, pay premiums, file claims, and receive notifications. Additionally, their online account management system offers a user-friendly interface for efficient policy management and claims tracking.

What is the customer satisfaction rating or feedback available for United Life Insurance Company?

While J.D. Power’s customer satisfaction ratings were not available for United Life in the past year, customer feedback regarding claim resolutions and payouts varies. Some customers reported positive experiences, while others may have encountered delays or issues.

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption

Eric Stauffer

Licensed Insurance Agent

Eric Stauffer is an insurance agent and banker-turned-consumer advocate. His priority is educating individuals and families about the different types of insurance coverage. He is passionate about helping consumers find the best coverage for their budgets and personal needs. Eric is the CEO of C Street Media, a full-service marketing firm and the co-founder of ProperCents.com, a financial educat...

Licensed Insurance Agent

Brandon Frady

Licensed Insurance Agent

Brandon Frady has been a licensed insurance agent and insurance office manager since 2018. He has experience in ventures from retail to finance, working positions from cashier to management, but it wasn’t until Brandon started working in the insurance industry that he truly felt at home in his career. In his day-to-day interactions, he aims to live out his business philosophy in how he treats hi...

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