American National Life Insurance Company of Texas Review

This American National Life Insurance Company of Texas review includes information about the financial outlook, business performance, and customer relationships of the business. Often abbreviated as ANICO, its parent company, American National Life Insurance Company, is serving the nation for more than a century.

American National Life Insurance Company of Texas

Company Overview

William Lewis Moody established ANICO in 1905. Its products include health insurance, life insurance, pension plans, and property insurance. Besides American National Life Insurance Company, ANICO also manages several subsidiaries American National Life Insurance Company of New York, American National Property and Casualty Company, and Farm Family Casualty Insurance Company.

Financial Strength

The company enjoys an impeccable financial history that is represented by an A rating from A.M Best. A.M Best analyzes insurance providers’ financial stability and history to rate them on a scale of A+ to F. That means A is a pretty good rating for an insurance provider.

Its stable debt to asset ratio also shows its commitment towards maintaining enough assets to repay its debt.

Business Performance and Customer Care

The company is not accredited with the Better Business Bureau (BBB). Yet, it enjoys an A+ rating from this organization. This admirable rating showcases the high level of trust it has established in the market. Forbes has also included it in its list of ‘100 Most Trustworthy Companies’ in 2017.

Its customer care reviews on the internet, however, indicate some issues on the company’s dealings with customers. American National Life Insurance Company of Texas reviews stand at an average of 3.5 out of 5 stars on most online customer review communities. This average shows that the company has a lot of room for improvement in the customer care area.

 Wrap Up

American National Life Insurance Company of Texas review shows that the company is quite trustable for Medicare and other insurance products.

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