Athene Life Insurance: A Comprehensive Review
Athene Life Insurance is a well-reputed company. The company provides annuities to its customers depending on their needs and demands. It has been working in this field for many years. The company's Life insurance can play an essential role in your financial security. It is a good investment option, but you should only trust a reputable company.
Life insurance policies give you the freedom to save your money for the future without the need to pay taxes. You can get death benefits and pension plans at a later age. Athene offers fixed, variable, and indexed annuities to its customers.
You can choose your desired one after analyzing the terms and conditions. The company also holds a good and positive rating for its customer care service, which is a good thing.
Get to know Athene better in this Athene Life Insurance review!
Overview of Athene Life Insurance
Athene is a well-known retirement services company in the United States. It was founded in 1865 and has alot of experience in this field. This company specializes in retirement savings solutions and is well-versed in long-term retirement benefit planning. These services are offered in more than 50 states of the United States.
Athene Life Insurance Customer Service A Comprehensive Review
For any company to grow and make progress, it is essential to focus on the customer care service department. The same is true for Athene Life Insurance Company. If you have any complaints, you can call the companys official number from 8 am to 5 pm, every monday to Friday, and register your complaint ot inquiry.
Complain Index
It is a measure of the average number of complaints received as compared to the market size and share. The average rating is considered to be 1.0. With every passing year, Athene is improving its complaint index, which means the company is concerned about its customer service and gives it priority.
In 2021, it was 0.1, which is a good sign to opt for this company for investment and other life insurance policies.
Third-Party Ratings
Third-party ratings are a valuable measure of the services and reliability of a company. It gives an idea of how good a company is in terms of the services and amenities offered to its customers. AM Best is well known for this and gives ratings to many financial companies based on their services. According to the recent survey held by AM Best, Athene has an A rating, which is an excellent rating.
What is Life Insurance, In General?
Life insurance is an agreement between a policyholder and an insurance firm where the insurer ensures that a premium is paid if the policyholder dies or dies after a certain period. There are many different types of life insurance options available. While choosing one, you should keep in mind your needs, your preferences, your family's opinions, and most importantly, your budget.
You can choose any one of the following:
Term Life Insurance
Term life insurance is a type of life insurance that provides coverage for a specified period. For instance, term life insurance can cover you for 10-30 years. You pay premiums on a monthly basis, and when the term comes to an end, your coverage ends. It has a fixed death benefit.
Whole Life Insurance
It provides coverage throughout your life as long as you pay your premiums. For example, if you buy term life insurance at 30, you may still be covered at 90 if you keep paying your premiums. It also has a fixed death benefit.
Universal Life Insurance
If you want permanent and lifetime insurance with flexible death benefits, you should opt for universal life insurance. It is typically less expensive.
What Annuities Does Athene Offer?
Athene Life Insurance offers different annuities depending on the needs and demands of the customer. Some of these are:
Variable Annuities
Variable annuities are a good option and provide investment choices within the annuity. It also gives policyholders a plus point in taking advantage of market fluctuations.
Fixed Annuities
These types of annuities provide a fixed interest rate, and that too for a specific period. In this way, policyholders can be offered stability and a fixed-income option.
Indexed Annuities
- Indexed annuities allow policyholders to benefit from market profits and gains. But the good thing is it provides protection against market loss and downturns.
Benefits of Choosing Athene Life Insurance
Athene life insurance policies have the following benefits on any other company:
- These annuities or insurance policies can be a good source of income as you age. I also provide you with other benefits like social security and pensions.
- Annuities give you the benefit of not paying the tax on your amount until you withdraw it.
- It also provides you with financial protection. For example, you are sorted for your old age and dont have to worry about expenses as the beneficiary will have a steady source of income.
- These policies are very flexible and give you the benefit of choosing your desired period and benefits, including death benefit.
Athene Life Insurance: Legit or Scam?
If you want to amke an investment in this company but are wondering if it is a safe option or not? Then you need to worry about it. Athene is a reputable company that has been working in this field for many years. You can totally trust it for its life insurance policies and othe services. The company has a good website with all the details mentioned. You can check that out to get satisfied.
The Bottom Line
This article focussed on Athene Life Insurance review, what their customer service policies are, and what benefits you can get if you choose them. After analyzing everything in detail, we can say that Athene is a good investment option. You can get any type of life annuity depending on your preferences and needs.
According to different surveys and reports, the company has a good rating and is constantly working to improve its services. Moreover, it is always a good idea to consult a financial advisor before you make any decision.
