Tim is a licensed life insurance agent with 23 years of experience helping people protect their families and businesses with term life insurance. He writes and creates stuff for QuickQuote and other insurance and financial websites. You can find him on Twitter.

Full Bio →

Written by

UPDATED: Sep 6, 2020

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 partner with top life insurance providers. This doesn’t influence our content. Our opinions are our own.

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.

We offer Alabama residents life insurance from several of the best AL life insurance companies. Life insurance is very similar from state-to-state, with a few exceptions, so your Alabama life insurance rates may vary.

However, this guide should help you understand the differences in Alabama life insurance as well as find resources in your state. We’ll also show you how to get the best life insurance in Alabama.

Before we dive into this guide, find affordable Alabama life insurance rates by clicking on our FREE quote tool above. Get started now.

Alabama Life Insurance Quotes

We offer Alabama residents life insurance from several A-rated life insurance companies. Life insurance is very similar from state to state, with a few exceptions. This guide should help you understand the differences as well as find resources in your state.

Policy Cost – The premium (cost) you pay for your life insurance policy does not vary by state. It is the same regardless of which state you live in. Premiums are set by life insurance companies then approved by the State Insurance Department.

Company Availability – Not all companies are available in every state. For example, if a life insurance company has not filed its product or rates with your State Insurance Department, that company won’t be available in your state. Company availability changes often due to new filings.

Product Availability – There are instances where life insurance companies offer only specific products or riders in a state. For example, a company may offer a child insurance rider on their policy, but the feature may not be available in all states. These exclusions can be viewed by clicking on the life insurance companies in the list below.

Alabama life insurance also offers residents a free look period and a 30-day grace period. 

Life Insurance Rates in Alabama

For a ballpark figure of what Alabama life insurance rates look like, check out the chart below to see what the top life insurance companies charge based on age, marital status, and gender for both smokers and non-smokers. Your Alabama life insurance quotes may be different, especially if you smoke.

View as image

Also keep in mind that when it comes to Alabama life insurance policies, term life is generally cheaper than whole life insurance policies. So, if you want an AL whole life policy, you can expect to pay more. 

In this next chart, you can also see how many Alabama life insurance companies there are in comparison to other southern states.

View as image

As you can see in the above chart, seven life insurance companies operate specifically in the state of Alabama. 

By using our free quote comparison tool on this page, you can save money and get access to the best Alabama life insurance, whether they operated specifically in the state or not. 

Alabama Guaranty Association

State guaranty associations are committed to protecting resident policyholders and beneficiaries in the event of an insurance company insolvency. The association is made up of all insurance companies licensed to sell life insurance, health insurance and annuities in the state. If an insurance company becomes insolvent (goes out of business), the association steps in to protect policyholders by continuing coverage and paying claims, up to defined limits.

In Alabama, a life insurance policy is protected up to $300,000. This amount is the maximum benefit provided for any one life. In other words, multiple policies on any one person are limited to this amount.

Alabama Life Insurance Contacts

Here is a list of all the necessary state contacts for residents with Alabama life insurance claims and other related matters.

Guaranty Association

If you need information about Alabama life insurance or Alabama disability insurance, contact the Alabama Life & Disability Insurance Guaranty Association at 1-205-879-2202 or visit the website.

Insurance Department

For the latest updates from the Alabama Department of Insurance, you can visit the website or call the office. The Alabama Department of Insurance’s phone number is 1-334-269-3550.

You can also obtain up-to-date information on the Alabama Department of Insurance Regulations and lookup life insurance agents in the State of Alabama here.

Legal Info

QuickQuote is licensed to sell life insurance in Alabama under Agency License Number 0416407.

The licensed company principal is Tim Bain, Agent License Number 0167688.

Alabama Life Insurance Companies

American General Life Insurance Company

Banner Life Insurance Company

Fidelity Life Association

Haven Life / MassMutual

John Hancock Life Insurance Company

Lincoln National Life Insurance Company

Metlife Life Insurance Company

North American Company for Life & Health Insurance

Pacific Life & Annuity Company

Principal Life Insurance Company

Protective Life Insurance Company

Pruco Life Insurance Company (Prudential)

Sagicor Life Insurance Company

The Savings Bank Life Insurance Company of Massachusetts (SBLI)

Transamerica Life Insurance Company

United of Omaha Life Insurance Company

Don’t wait — Use our free quote tool to get affordable life insurance rates in Alabama. Get started now.