First Allmerica Financial Life Insurance Company: Customer Ratings & Reviews [2025]
Explore the comprehensive coverage options and reliable protection offered by First Allmerica Financial Life Insurance Company, a trusted provider delivering a range of life insurance products to secure your family's future.
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Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...
Justin Wright
Insurance Claims Support & Sr. Adjuster
Kalyn grew up in an insurance family with a grandfather, aunt, and uncle leading successful careers as insurance agents. She soon found she has similar interests and followed in their footsteps. After spending about ten years working in the insurance industry as both an appraiser dispatcher and a senior property claims adjuster, she decided to combine her years of insurance experience with another...
Kalyn Johnson
Updated February 2024
The First Allmerican Financial Life Insurance Company started in 1844 in Worcester, Massachusetts. They incorporated in 1995, and as of 2002, First Allmerican had $26.57 billion dollars in assets.
First Allmerican also owns The Hanover Insurance Company and Citizens Insurance Company of America.
In 2000, First Allmerican Financial Life Insurance Company suffered serious losses in its life and annuity business. In 2002, Allmerican showed a $275.4 million dollar loss. Allmerican moved away from life and annuities and turned towards property and casualty insurance. By 2003, Allmerican returned to profitability.
In mid-May 2010, First Allmerican Financial Life Insurance Company traded at around $20 a share on the New York Stock Exchange.
Frequently Asked Questions
What is Allmerica Financial Life Insurance Company?
Allmerica Financial Life Insurance Company is a life insurance provider that offers various life insurance policies to individuals and families. They provide coverage for financial protection and peace of mind in the event of the insured’s death.
What types of life insurance policies does Allmerica Financial Life Insurance Company offer?
Allmerica Financial Life Insurance Company offers a range of life insurance policies, including term life insurance, whole life insurance, universal life insurance, and variable life insurance. Each policy has different features and benefits, catering to the diverse needs of policyholders.
Are the premiums affordable with Allmerica Financial Life Insurance Company?
The affordability of premiums may vary based on individual factors such as age, health, coverage amount, and policy type. Allmerica Financial Life Insurance Company strives to provide competitive premiums to make life insurance accessible for a wide range of individuals.
How can I obtain a quote from Allmerica Financial Life Insurance Company?
To obtain a quote from Allmerica Financial Life Insurance Company, you can visit their official website or contact their customer service. They will guide you through the process and help determine the coverage options and premiums that suit your needs.
What are the pros of choosing Allmerica Financial Life Insurance Company?
- Wide range of life insurance policies to choose from, catering to different needs and preferences.
- Competitive premiums to make life insurance affordable for individuals and families.
- Strong financial stability and reputation, providing policyholders with reassurance and trust.
- Convenient online services and customer support for policy management and inquiries.
Are there any cons to consider before choosing Allmerica Financial Life Insurance Company?
- Individual experiences may vary, and some customers may have had less satisfactory interactions with the company.
- Limited information available about recent customer ratings and reviews, making it difficult to gauge the overall satisfaction levels.
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