Allstate Life Insurance – Overviews and Customers Reviews

ALLSTATE LIFE INSURANCE – OVERVIEWS AND REVIEWS

ALLSTATE LIFE INSURANCE – OVERVIEW
Allstate insurance was established in the year 1967 and has recently completed its 50 years of establishment last year at 2017 A.D. The company has its head office located in Hauppauge, New York State of United States. It has been providing life insurance and various insurance products to the people living in New York State. Different agencies, financial specialists, and work with many independent agents are hired for selling various insurance products of the company.

The products of the company are divided into two major parts which are the Annuities and the Life Insurance. Annuity means a contract which is issued by an insurance company which consists of 2 parts; accumulation period is when the contract makes up cash value and is added as money and the payout period is when the funds are then given out. The major Annuities offered at Allstate Insurance includes Fixed Annuities, Variable Annuities, Market Value Adjusted Annuities(MVAs), Equity Indexed Annuities, Equity Linked Annuities and hence the Immediate Annuities.

Along with the Annuities, the other major product offered at Allstate Life Insurance is Life Insurance itself. Currently, Life Insurance has been one of the most necessary things required if you are residing yourself at the United States. Also, there are many other insurance companies in the United States and in the New York State itself. Out of which most of them are fraud and doesn’t offer a proper quality customer service. The Life Insurance products at Allstate Life Insurance include coverage like Term Life Insurance, Universal Life Insurance, Variable Life, Variable Universal Life and lastly Whole Life Insurance.

Allstate Life Insurance along with its subordinate companies helps in providing Life Insurance along with other voluntary accident and Health Insurance products. The above-given products of the company are provided by a variety of independent agencies. It also helps in the interest-sensitive and term life; short-term disability income; and accidents along with the serious illness insurance. This is done so as to sell the products throughout the middle market consumers via different independent agencies.

So, in the current time Allstate Life Insurance is growing continuously and has been providing its services and products to the people living in New York as well as the life insurance product is sold in other parts of the United States as well. The voluntary accident and health Insurance are also sold throughout the state.

The Allstate Life Insurance is one of the subs ordinate company of the Allstate Insurance Company which resides at Northbrook, Illinois and was establishes on the year 1957, 10 years prior to the establishment of the subsidiary Allstate Life Insurance about which we are talking in this article. Along with Life insurance the other lines that Allstate has included the Auto, Home, Renters, Condo, Motorcycle, Business, Boat, Motor-Home, Snowmobile, ATV and Pet Insurance along with other minor insurances as well and yes the Allstate Life Insurance focuses mainly on the Life Insurance side of things rather than the other.

The Insurance product at Allstate Life Insurance can be chosen from 2 types of term life policies. The Basic Term Life insurance can cover up to 15 years and is available for pretty low amounts varying as of $50,000, $100,000 or $150,000. While the TrueFit term life insurance is available in higher amounts along with the coverage period of 10 to 30 years.

ALLSTATE LIFE INSURANCE – REVIEWS
some of the customers seem to be have had a very bad experience with Allstate Life Insurance as they have posted about in the review sites. They have stated that the Company doesn’t provide the facilities and customer care service as it has described in its websites and as promised in various TV ads. People have complained about their money not being secured by the company.

People have issues with Allstate Life Insurance as she states that despite filing a reasonable claim about her husband’s heart attack twice the company doesn’t seem to be responding to it. He claims hasn’t been preceded further by the company and has kept it in delay. The couple had despite being paying the insurance amount for about 5 years on a regular basis but still, the company doesn’t seem to be returning it to making unwanted reasons. This is completely a fraud activity done by the company.

Not only this but almost all the reviews for this company isn’t quite good as customers have posted about the poor customer care of the company and their ignoring behavior towards the clients. This has led to less or no recommendation of the company in different sites. The ratings are also below the average level which is indeed a level that the company should be alert about and work on the weaknesses to provide a better insurance facility in the USA.

Hence these are some reviews that the people have made to Allstate Life Insurance. Have your experience shared and your opinions on this life insurance then feel totally free and comment us down below. OR if there is any problem regarding the insurance cost, plans, policies or coverage then do comment it down below. We will try to give you the best solution as soon as possible. This is all about Allstate Insurance – Overviews and Customers Reviews.