In our United Home Life Insurance Company review, we’ll provide you what you information on available products, ratings, financials, strengths and weaknesses. You’ll also be able to get instant life insurance quotes and determine if United Home Life is the best life insurance company for you or if another company will be a better choice.
Table of Contents
- 1 United Home Life Insurance Company Review
- 2 United Home Life Insurance Products
- 3 United Home Life Term Products
- 4 United Home Life Permanent Products
- 5 United Home Life No Medical Exam Life Insurance
- 6 United Home Life Ratings and Financials
- 7 Additional Information
- 8 Strengths:
- 9 Weaknesses:
- 10 Riders:
- 11 United Home Life Conclusion
- 12 United Home Life Company Details
United Home Life Insurance Company Review
You’re in the right place if you’re looking for a review of the United Home Life Insurance Company. They are a life insurance company that is good fit for several life insurance situations.
United Home Life started in 1948 under the company United Farm Family Life Insurance. These companies are still providing life insurance products and options to consumers. Although their life insurance focus is mostly for older ages from age 50 and up – they provide solutions for this particular niche.
United Home Life Insurance Products
United Home Life offers several products that are attractive to today’s shoppers. The offer express issue life insurance (No Medical Exam Life Insurance) that is approved faster than a typical fully underwritten life insurance policy.
United Home Life Term Products
United Home Life offers four term life insurance products. Every one of their products is a Simplified Issue life insurance product. That means that there are no medical exams or testing of bodily fluids. They use a personal history interview with your application. It is a quick process that typically takes 10-15 minutes to complete.
- Simple Term 20 – This is a 20 year term life policy.
- Simple Term 30 – This is a 30 year term life policy.
- Simple Term 20 ROP – This is a 20 year Return of Premium policy (ROP).
United Home Life Permanent Products
United Home Life offers simplified issue whole life insurance options as well. Again, these policies do not require a medical exam and are issued much faster than a fully underwritten life insurance policy.
- Express Issue Premier
- Express Issue Deluxe
- Benefit Amounts Available are:
- $5,000-$100,000 (Ages 20-60)
- $5,000-$50,000 (Ages 61-80)
- Benefit Amounts Available are:
- Express Issue Provider
- Express Issue Whole Life
- Graded Benefit. A graded benefit means that the policy will not pay out a benefit for the “Graded” time period listed in the policy. This is typically 2 years.
- Ages Available: 25-80
- Benefit Amount Available: $2,000 – $25,000
United Home Life No Medical Exam Life Insurance
All of United Home Life insurance products are available without a medical exam. They are unique in that they only offer No Medical Exam life insurance products. No medical exam policies are approved quicker and take less time to apply. This can be a great life insurance option for certain preexisting health conditions.
United Home Life Ratings and Financials
When compared to other life insurance companies, United Home Life may not be as large as some of the “big boys” in the industry. However, they have a strong financial history which they have maintained over the years. They received an “A-” from A.M. Best. This is an excellent rating with regards to their financial stability. This rating has been maintained for the past half decade. They are a recommended company if you’re in the market for a no medical exam life insurance policy and United Home Life is offering the lowest rates.
- All of United Home Life’s policies are “No Exam” policies.
- Not always the best rates compared to other companies.
Total And Permanent Disability Benefit (Waiver of Premium), Accidental Death Benefit Rider, Child Rider, and a no‑cost Terminal Illness Accelerated Benefit Rider
United Home Life Conclusion
Is United Home Life the right company for you? It will depend on a variety of factors. Your age, health, lifestyle and what you want in a policy are just a few factors that determine which company will give you the best value.
Always remember, every life insurance company will look at you differently. Some companies may offer you a much better rate based on your specific details. United Home Life may or may not be that company. Give us a call at 888-411-1329 for a free personalized quote and we’ll see which companies will provide you the best rates.
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United Home Life Company Details
Name(s): United Home Life Insurance Company, United Farm Family Life Insurance Company
225 South East Street
Indianapolis, IN 46202
Phone: (800) 428-3001
Ratings: A.M. Best (A-)