History and Mission of the Atlanta Life Insurance Company

Atlanta life insurance company reviews

Alonzo Franklin was a slave-born barber who founded the Atlanta Life Insurance Company in 1905. He started his career as a barber but eventually became one of the wealthiest African American businessmen in Atlanta. In 1905, he bought The Atlanta Benevolent and Protective Association for $140, later called Atlanta Mutual. He renamed it the Atlanta Life Insurance Company in 1922. The company grew long and wide, expanding its branches in multiple states. Today, it is serving in 17 states of the United States and stands as one of the most reputable insurance companies in the country.

The company’s mission was to provide its customers with affordable and feasible access to various products that help them protect their loved ones. The company strives to provide financial security for its customers and provides extensive support for their secure future. Their services are not limited to life insurance but include home, car, Casualty, and health insurance. 

States where Atlanta Life Provides its Services

The Atlanta Life has gotten a license to serve in several states across the South and Southeast regions of the US. Their services are available in the following states, and there are more than that. You can check out in your region if they provide their services there too.

  • Alabama
  • Florida
  • Georgia
  • Tennessee
  • North Carolina
  • South Carolina

You can access their services if you live in one of these states. If you require any insurance coverage, Atlanta Insurance may be the best option as the company holds a reputable position in serving their customers well for ages in providing high-quality insurance products and remarkable customer service. 

Discounts Offered by the Atlanta Life Insurance Company

Atlanta Life provides multiple discount offers for its customers to help keep the cost of insurance products low. The discounts may be multiple if you buy multiple insurance coverage. Following are some of the discounts offers that company provides:

Safe Driver Discounts 

This discount is available for those who have demonstrated driving skills. You may qualify for this offer on your car insurance coverage if you have a good driving record. However, you need to prove this record of yours.  

Multiple-policy Discounts

You can avail of this discount in case you have more than one insurance coverage at your disposal. This discount implies your overall insurance premiums. It is an excellent option to consider when you want t get more than one insurance policy.

Loyalty Discounts

The Atlanta Life Insurance company grants generous discounts to their long-time customers. People who have been buying coverages from Atlanta for a good time can easily avail of this discount on their insurance premiums.

Bundled Discounts

If you plan to buy multiple insurance coverages from Atlanta Life, this discount is for you. You need to bundle one insurance policy with another, such as life insurance with car insurance, to be eligible for a discount on both policies.   

Home Safety Discounts

Atlanta Life goes this further in taking care of its customers. If you take measures to safeguard your home and install features such as a burglar alarm or fire sprinkler system, you may get this discount on your coverage premium. 

Customer Review

Customers have given Atlanta Casualty Insurance relatively positive feedback. Many clients say the organization is simple and offers outstanding customer service. Customers also like the low cost of the company’s insurance goods and services.

However, some consumers have complained that the claims process is time-consuming and complex and that the company only sometimes provides the necessary coverage. On the other hand, Atlanta Casualty Insurance has a good reputation for providing high-quality insurance products and services at a reasonable price.

Average Cost of the Products of the Atlanta Life Insurance

The cost of Atlanta Casualty Insurance coverage varies depending on factors, including the type of insurance policy you select, your age, health status, and the amount of coverage you require.

Life insurance costs are determined by characteristics such as age, gender, and overall health. A term life insurance policy is less expensive than a whole life insurance policy but only provides coverage for a limited duration.

Whole life insurance, in contrast, is more expensive but provides lifelong coverage. The universal life insurance policy cost is determined by the policy’s flexibility and the underlying investment alternatives.

The type of annuity, the term length, and the interest rate guarantees determine the cost of annuity coverage. The cost of an annuity may also be affected by additional features, such as a lifetime income guarantee. The cost of retirement planning services will vary depending on the services you select and the intricacy of your financial condition.

 

Life Products of the Atlanta Life Insurance Company

Because business insurance is the only product that Atlanta Life appears to underwrite directly, and all other products appear to be underwritten by other businesses, we will concentrate on business products in this section.

Atlanta Life provides commercial insurance for a wide range of sectors, including

  • Accounting Firms
  • Business Services
  • Contractors
  • Real Estate
  • IT Services
  • Janitorial
  • Law Firms
  • Retailers
  • Professional Services
  • Hospitality
  • Restaurants/Food Service
  • Non-Profits

They have a wide range of items to meet the needs of each specific market. The Business owner’s Policy is a comprehensive policy designed to fulfil the demands of many businesses. This policy typically covers business property, liability, and income loss.

A range of products can be combined to form a package or purchased separately. These are some examples:

  • Commercial auto insurance will cover both company-owned and used vehicles.
  • Commercial property insurance protects your company’s equipment, supplies, and other physical property from several threats.
  • Cyber insurance covers risks such as data breaches and other internet-based concerns.
  • Directors’ and officers’ liability insurance provides additional protection against daily claims filed against necessary officers.
  • Employment Procedures Liability for coverage of risks associated with employee difficulties
  • Errors and omissions insurance protects you when a mistake causes a problem for someone else.
  • Fidelity and Surety Bonds to protect against employee dishonesty and other activities
  • General Liability insurance protects against a wide range of dangers.
  • Auto insurance for rented and non-owned vehicles
  • Professional liability insurance protects professionals from allegations of malpractice.
  • Umbrella for Commercial Use
  • Compensation for Employees
  • Because the website does not provide much information on these products, we can provide the fundamentals.

Final Thoughts

Atlanta Life has a substantial presence in the reinsurance, group insurance, and business insurance industries. They are also a vast general agency, but they are unlikely to be on the list of the average person looking for life, house, or auto insurance. We cannot establish an opinion on this company because there is so little information accessible about it and its products, as well as a somewhat complex website that does not often make it clear which things they genuinely underwrite.

Do your homework if you want to buy life insurance for financial stability, lower your monthly payments, or find a better insurance company with superior customer service.