American National vs. SBLI: Best Life Insurance Company in 2021

If you compare American National and SBLI life insurance rates, SBLI is has competitive term life coverage. Both American National and SBLI life insurance companies offer term and permanent life insurance coverage in addition to many riders and annuities. American National has an A rating from A.M. Best while SBLI has an A- rating.

Ready to compare quick life insurance quotes?

Your life insurance quotes are always free.

 Secured with SHA-256 Encryption

Rachael Brennan has been working in the insurance industry since 2006 when she began working as a licensed insurance representative for 21st Century Insurance, during which time she earned her Property and Casualty license in all 50 states. After several years she expanded her insurance expertise, earning her license in Health and AD&D insurance as well. She has worked for small health in...

Full Bio →

Written by

Benjamin Carr was a licensed insurance agent in Georgia and has two years' experience in life, health, property and casualty coverage. He has worked with State Farm and other risk management firms. He is also a strategic writer and editor with a background in branding, marketing, and quality assurance. He has been in military newsrooms — literally on the frontline of journalism.

Full Bio →

Reviewed by Benji Carr
Former Licensed Life Insurance Agent

UPDATED: Aug 9, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right life insurance coverage choices.

Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance company and cannot guarantee quotes from any single company.

Our life insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.

Quick Facts

  • American National and SBLI both offer term and permanent life insurance options
  • SBLI’s term life insurance rates tend to be lower than those of American National
  • Both American National and SBLI offer riders and annuities in addition to their standard policies

If you are searching for the best term life insurance quotes, you may want to consider comparing American National vs. SBLI life insurance. Both American National and SBLI life insurance companies offer several different policy options and have over 100 years of experience.

If you’re considering American National and SBLI, it’s important to look over each company’s life insurance rates, life insurance products, financial strength ratings, and more.

Before you decide to buy American National or SBLI life insurance, don’t forget to compare rates from other top insurance providers using our free quote tool above.

Does American National or SBLI have cheaper rates?

American National and SBLI offer several types of term and permanent life insurance options. Rates for term and permanent life insurance vary based on factors such as a person’s age, gender, medical history, and occupation.

With that in mind, the average monthly rates for a $250,000 term life insurance policy with American National and SBLI are listed below.

American National vs. SBLI $250,000 Life Insurance Rates by Age, Gender, and Term Length
Age and Gender10-Year Term (American National) Average Monthly Rates10-Year Term (SBLI) Average Monthly Rates20-Year Term (American National) Average Monthly Rates20-Year Term (SBLI) Average Monthly Rates
25 - Male$10.37$9.96$13.61$12.80
25 - Female$9.94$8.61$12.31$11.24
35 - Male$11.02$10.83$15.12$14.75
35 - Female$10.37$8.98$14.04$11.94
45 - Male$18.14$16.81$29.16$27.78
45 - Female$16.63$15.15$23.98$22.40
55 - Male$40.61$40.50$66.10$79.76
55 - Female $30.67$30.87$52.92$51.65
Get Your Rates Quote Now

Compare RatesStart Now →

While you are likely looking for affordable American National and SBLI life insurance, notice that monthly rates vary based on gender and age. These average rates may give you a good idea as to how much you could be paying for term life insurance with each company.

While American National and SBLI life insurance rates are competitive, SBLI life insurance rates tend to be a bit lower than those of American National.

Your life insurance quotes are always free.

 Secured with SHA-256 Encryption

What products do American National and SBLI offer?

American National offers term and permanent life insurance products with the opportunity to add additional annuities and riders to many of their policies.

Products with American National include term life, whole life, and various universal life insurance coverages. Each option varies with regard to value, duration, cash value, premiums, and much more.

In addition to these policies, American National also offers riders and annuities. Some of the annuities offered with American National include:

  • Fixed deferred annuity – Offers tax-deferred growth and a fixed interest rate
  • Single premium immediate annuity – Offers a predictable payment structure and the option to immediately access funds
  • Index deferred annuity – Protects your principal interest while still allowing you to utilize upsides with any index

As far as SBLI’s life insurance products go, the company offers the following:

  • Final expense life insurance – A policy to cover bills from final expenses after your death
  • SBLI term life insurance – A reliable policy that offers protection for your family and loved ones
  • SmartTerm 360 – Term life insurance that offers flexibility as your needs change over time
  • SBLI whole life insurance – Permanent life insurance options with a lifetime guarantee

In addition to life insurance policies, SBLI also offers several different options for insurance riders. These riders apply to most of SBLI’s policies, and they include: 

  • Accelerated death benefit rider
  • Children’s level term rider
  • Accidental death benefit rider
  • Waiver of premium rider
  • Guaranteed purchase option rider
  • Single-pay paid-up additions rider
  • Term rider
  • Cash-out term rider
  • Child level term life insurance rider
  • Value-added benefit rider

While specific American National and SBLI life insurance quotes and products may vary, it is evident that both companies offer several options for you to consider as you shop around for life insurance coverage.

How are American National and SBLI’s ratings?

American National has an A rating with long-time credit rating agency A.M. Best. The company is financially stable with a strong outlook for the future.

SBLI has also earned a positive rating with A.M. Best. Though SBLI has an A- rating, which is a bit lower than that of American National, this rating is still considered excellent with A.M. Best.

Should I choose American National or SBLI?

In order to decide whether you should choose American National or SBLI, you need to consider all the facts. Determine the type of policy and benefits you want, compare the monthly rates, and shop around to include other insurance companies in the process.

If you want more information about these two companies, you can call the SBLI or American National life insurance phone number. You can use our website to get quotes from multiple companies to further explore your options.

Now that you’ve read this American National and SBLI life insurance review, enter your ZIP code into our free tool below to compare life insurance rates from top companies in your area.

Ready to compare quick life insurance quotes?

Your life insurance quotes are always free.

 Secured with SHA-256 Encryption

QuickQuote is a BBB Accredited Business. BBB