Over the past few years, American National Life Insurance Company (also known as ANICO Life Insurance) has become quite a force in the term life and the guaranteed universal life insurance product offerings.

american national life insurance quote

With no insurance exam required when applying for coverage amount up to $249,999 and up to age 65.  Healthy individuals may qualify for larger amounts without an exam.

With an A (Excellent) AM Best financial rating, an American National life insurance quote should always be considered if you don’t want to have an insurance exam or blood test, if you want chronic and critical illness living benefits or if you want one of the best life insurance plans available.

American National does also offer competitive whole life insurance and other financial products, but where they are most competitive is in the term life and Guaranteed Universal Life insurance categories.

Term With Living Benefits

American National Life (ANICO) also offers chronic and critical illness “living benefits” on their signature term policies.


You could potentially get cash from your policy if you suffer a critical illness like a heart attack, stroke, invasive cancer or 13 other health issues.

You can also get a payout for a chronic illness for which you are unable to do 2 out of the 6 activities of daily living which are: 

  • eating
  • bathing
  • continence
  • dressing
  • toileting 
  • transferring

And finally, if you require constant supervision due to severe cognitive impairment you could also receive a payout.  

They are never the absolute lowest cost term insurance, but cost should not be your only consideration and ANICO provides great value on their term products.

Great Short Duration Term Coverage

American National Life also offers one of the best annual renewable term or 1 year term rates that increases in cost a little bit each year.  

This is the perfect type of coverage if the life insurance is only needed for a short period of time, like 3 to 5 years. 

An annual renewable term plan can also be a good option for people who need insurance now, but can't qualify for the best rate now. 

This annual renewable term plan is also the only term policy that can be converted or automatically extended to a longer duration term plan later.

You can extend the policy to a 20 or 30 year term plan without having to show new evidence of good health in the first three policy years.  

This is the perfect "out" if your health does not improve and you'll need longer insurance coverage.

Click link below if you’d like to get an accurate American National Life Insurance quote and we’ll send you an accurate quote.

At the same time we will compare the American National quote to other competitive life insurance companies...

Like Banner Life, Protective Life, North American, Minnesota Life and "no exam" companies like Assurity Life, SBLI, Pacific Life and Sagicor Life.  We’ll let you know if there may be better rates or options available to you than what American National may offer.

Why American National Life Stands Out

Below are some areas where American National Life can stand out over the other “no exam” and many regular or exam required companies.

American National Life definitely won’t make best offer on every diabetes, overweight or heart disease case and sometimes they’ve surprised us on cancer or other tougher cases.

So we always shop with them on every high risk case as we have been pleasantly surprised by their offers many times now!

In recent past, we had a case for a poorly controlled diabetic for which every other “diabetes friendly” company declined, and American National made an offer that even shocked us. 

American National Signature GUL

American National's Signature Guaranteed Universal Life product can offer one of the best guaranteed level rates to age 95, age 100 or for the rest of your life.

Especially if you're looking for longer duration guaranteed coverage than what term insurance can provide. 

This GUL product also includes the Chronic and critical illness living benefits that is also offered on their term coverage.

ANICO also offers a guaranteed "cash out" rider included on most Signature GUL policies for which you could cancel policy in years 15, 20 and 25 and get a partial or full refund of premiums paid into policy. 

This is included at no additional charge (some sub-standard policies do not include this cash out rider). 

American National now also offers a table rating reduction program so that some table 2, 3 and 4 offers can automatically be upgraded to a "Standard" rate with no table rating. 

This "table shave" is available only for the following ailments/issues: 

  • Rheumatoid Arthritis
  • Hepatitis B
  • Asthma
  • Abnormal EKG 
  • Build 
  • Sleep Apnea 
  • Abnormal Lab Results 
  • Moving Violations 
  • Type 2 Diabetes 
  • Hepatitis C
  • Epilepsy
  • Blood Pressure 
  • Weight Loss Surgery
  • Underweight
  • Scuba Diving 
  • Foreign Travel

How Competitive is American National Signature GUL

Check out these $500,000 GUL rates that are guaranteed to age 100 from American National and their closest competition.

Signature GUL also has chronic and critical living benefits and a Return of Premium option for which you can get a portion or all of the premiums you paid into policy back as a refund in policy years 15, 20 and 25 (not available on every case). 

These are all monthly rates for a 50 year old male and female non-smoker at the Preferred Plus, Preferred and Standard rate classifications:



Preferred Plus



American National




Protective Life








Pacific Life




American General




Principal Life




Symetra Life






Preferred Plus



American National




Protective Life




Symetra Life








Pacific Life




Principal Life




American General




As you can see, American National has some very competitive Guaranteed Universal Life rates.

Whether you're in excellent health, good health, average health or if you have health issues, American National Life may just offer you the absolute best rate.

American National Signature Whole Life

American National also offers a Whole Life insurance product called Signature Whole Life.

Available at amounts from $10,000 to $1,000,000+ for people ages 0 - 80.

Like all Whole Life contracts, it will have guaranteed level premiums, guaranteed cash value and a guaranteed death benefit. 

So if you're just looking for burial insurance or a great cash value insurance plan than this whole life product may be great for you.

It is also a participating whole life policy so it can pay dividends, although dividends are not guaranteed. 

Dividends are basically insurance company profits that are paid to policyholders. 

Bottom Line

Based out of Galveston, Texas and with some of the best insurance and financial products available, American National Insurance Company is definitely a player in the Term life insurance, Guaranteed Universal Life and Whole Life markets. 

This is especially true if you don’t want to have a medical exam (there are age, face amount and health limitations when determining if you will or will not be requird to have an exam). 

If you fall into one of their niche's, they may just offer you the absolute best rate available!

We're an insurance brokerage that can offer you coverage from hundreds of premium life insurance companies.

Click link above for an accurate quote and we will send you American National’s best rate along with rates from other insurance companies that may offer you better rate or value.

You can also check out all rates and get instant quotes for all types of life insurance available to you by using the "Compare Quotes" button at top or bottom of page.

(In New York, products are sold by American National Life Insurance Company of New York) 

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