What about Allstate Insurance Company? Allstate Jeonju Insurance Company Evaluation and Product Type Introduction

Allstate insuranceChinese calledStatewide Insurance.

Allstate Insurance Company (Statewide Insurance)The broker network covers the United States, has a high brand awareness in the United States, and is one of the established insurance companies.Allstate Insurance Company (Statewide Insurance)The range of insurance products provided to American families is very wide, from common car insurance to family pet insurance, as well as life insurance that the American Life Insurance Guide Network pays special attention to.AllstateAll have their own characteristics.Therefore, the most common insurance needs in American households are inAllstateMost solutions can be found.

How is Allstate Insurance Company?Or,AllstateReally yourslife insurance"The best choice for the product?"In this article's review and introduction of Allstate Life Insurance, we will do our best to introduce its history, its life insurance products, and the information we can provide.Our goal is to help you and your family choose the truly suitable life insurance company and the best life insurance product.

AsAmerican Life InsuranceAs Guidao.com has always recommended, I hope you spend a little time to understand the coverage of each insurance company before making any life insurance decisions.The following content is ourAllstate Insurance Company (Statewide Insurance)Introduction and evaluation of, let’s start now.

Reviews and product introductions by Allstate Insurance Company

Financial rating of Allstate Insurance Company

Allstate Insurance Company (Statewide Insurance)The evaluation was very high, and all three major international credit rating agencies gave evaluations.AllstateThe rating at AMBest is "A+".Moody's gave "A1" and Standard & Poor's gave "A+".These ratings giveAllstateA positive outlook also makesAllstateRanked among the best insurance companies in the United States.

The following is aboutAllstate insuranceList of ratings:

• AM Best – A+
• Moody's – A1
• Standard & Poor's – A+

Allstate Insurance Company (Statewide Insurance)Managed nearly $1250 billion in assets, provided more than 7 jobs across the United States, and helped more than 1600 million families in the United States.

Allstate Insurance Company (Statewide Insurance)It also provides employment support for veterans through the company's internal Allstate Veterans Recruitment project.Allstate Insurance Company (Statewide Insurance)He also founded the Allstate Foundation Purple Purse (Allstate Purple Purse Foundation) to help victims of domestic violence through financial means.Since 2005, the Purple Wallet Foundation has invested more than $6000 million to help more than 100 million people who suffer from domestic violence.

Allstate insurance company's product line at a glance

Allstate Insurance Company (Statewide Insurance)There are very comprehensive insurance products, the following is the specific scope:

• car
• motorcycle
• Rent
• Condo
• Family house
• Commercial
• Life
• Ship
• Motorhome
• Snowmobile
• ATV
• pet
• More…

Our main concernAllstate Insurance Company (Statewide Insurance)Life insurance sector.

Update on February 2021, 1:(Express News) Priced at $28 billion, Allstate Insurance Company Exits Life Insurance and Annuity Business

Life products of Allstate Insurance Company

Allstate Insurance Company (Statewide Insurance)For different user needs, provide corresponding different optionsLife insurance.

AllstateOfTerm term life insuranceInsurance types are provided for customers seeking short-term protection, and Universal insurance It is for customers who want to seek life-long protection, while the premium is more flexible.AllstateAlso offers Savings insurance(Whole Life).If customers want to seek insurance with "cash value" and "cash value growth", Allstate also providesInvestment insuranceType of Insurance (VUL, The product needs to be applied through a registered broker or planning representative).

The life insurance product lines are as follows:

• Term insurance
• Whole Life Savings Insurance
• Universal Life Insurance
• VUL Variable Universal Life Investment Insurance

Learn more American Life Insurance introduces the prices and premiums of various types of insurance and comparison of the advantages and disadvantages of each type of insurance

Allstate's term life insurance: Term

There are two main types of term life insurance (Term) products under Allstate Life:

1. Basic Term Life / Basic Term Life Insurance
2. TrueFit Term Life / TrueFit Term Life Insurance

Basic Term Life (Basic term life insurance) Complete the basic protection, provide a 15-year protection period and three insurance coverage options: $50,000, $100,000, and $150,000.This is a term life insurance that can be issued without a physical examination. In the end, whether the insurance is covered or not, and the premium rating is determined based on a series of health questions you answer.

TrueFit Term Life (TrueFit Term Life Insurance) This product is sold through Allstate's brokers, and the product design is now more comprehensive for the basic models.It requires a physical examination, and customers can choose a guarantee period of 10 to 30 years.This product has the feature of automatic step-by-step coverage, and the amount of death compensation can be automatically reduced as your situation (such as the reduction of family loans year by year).

Allstate's whole life insurance types: Whole Life / Universal Life / VUL

From the above list, we know that Allstate provides not only savings-type life insurance, but also flexible universal insurance.All three provide lifetime protection, but they are slightly different.

• Universal Life, universal insurance More flexible, but there are relatively few guarantees.
• Whole Life, savings insurance Provide more guarantees, such as guaranteeing a minimum rate of return, but the premium price is higher.
• VUL, Investment insurance It has the characteristics of universal insurance, but provides more income growth possibilities.

Final evaluation of Allstate Life Insurance

Allstate Insurance Company (Statewide Insurance)With a long history and wide coverage of insurance categories, it is known nationwide as "the largest property and casualty insurance company". Allstate has many agent brokers distributed in various cities across the United States. Each broker or store is like a "one-stop insurance service" center. This is Allstate's advantage.If you already have other types of insurance in Allstate, the easiest way is to call the same broker and add your life insurance to it, All Done.

In terms of life insurance coverage only, the disadvantage of Allstate Insurance Company is that the premium price of term life insurance is not very competitive.andAllstate Insurance Company (Statewide Insurance)The whole life insurance category is a tepid product series.Before purchasing such products, you can consider all aspects and make a full comparison.Policy design plan.

In general,Allstate Insurance Company (Statewide Insurance)It is a reliable and trustworthy insurance company.

>>>Latest update: January 2021,Allstate announced the sale of its life insurance and annuity businesses for $28 billion.