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LAST UPDATED: August 27th, 2021

Amica Mutual Insurance Company was founded in 1907 and has headquarters in Lincoln, Rhode Island. Having been around for over a century, Amica Mutual Insurance Company has demonstrated its longevity and reliability. 

Amica offers many types of insurance coverage. It offers life, home, condo, renters, umbrella, flood, event, small business, marine, motorcycle, and car insurance. You can find assistance with your retirement financial preparation as well.
For those seeking additional coverage or financial services, Amica is a one-stop shop.

Amica has several subsidiaries:

  • Amica Life Insurance Company
  • Amica Property and Casualty Insurance Company
  • Amica General Agency, LLC.

Top Ranked Companies


The Good

  • High Financial Strength Rating
  • Free Quote and Online Application
  • Term Life Insurance Coverage
  • Permanent Life Insurance

High Financial Strength Rating

Amica has earned high financial strength ratings from A.M. Best. Financial strength ratings are good indicators of a life insurance company's ability to meet its claims obligations. High ratings show that a company is financially strong.

Free Quote and Online Application

You can log onto the Amica website and quickly request a free quote. In order to request a life insurance quote, you must fill in the following health and personal information:

  • Coverage period
  • Coverage amount
  • Health rating
  • Last time you used tobacco or nicotine in any form
  • Whether you have any significant medical concerns
  • Gender
  • Birthday
  • Height
  • Weight
  • First name
  • Last name
  • Street address, city, state, zip
  • Phone number
  • Email address
  • Whether you are currently an Amica customer

After you are done, the company automatically gives you a quote and provides several alternatives. The online quote tool is simple and easy to use. You can apply for Amica life insurance online as soon as you have seen the quotes.

Once you've applied for a life insurance policy, your application will go through underwriting to determine the risk of insuring you and what the rates would be. Underwriting often includes a medical exam. However, Amica waives underwriting in some cases if you already qualify for their best rates based on your answers to your health questionnaire.

Term Life Insurance Coverage

A term life insurance policy offers coverage for a set period of time. Once the period is over, you no longer have insurance coverage. Terms typically range from 10 to 30 years. Amica offers three term life insurance options:

  • Guaranteed Level Premium
  • Guaranteed Level Protection
  • Conversion Option

The Guaranteed Level Premium option has fixed premium rates throughout the term of your policy. The Guaranteed Level Protection policy allows you to maintain the same level of coverage through age 95 as long as your premiums are paid. The Conversion Option allows you to change your term policy into a permanent one even if your health changes.

When you buy a term life policy, you can add a Terminal Illness Rider. With this rider, policyholders can receive some of the death benefit in advance if they're diagnosed with a terminal illness.

Permanent Life Insurance

Permanent life insurance offers coverage for your entire lifetime as long as you continue to pay your premiums. The other advantage of permanent life insurance is the ability of these policies to accrue cash value over time. The cash value is considered an asset. As you consider permanent and term life insurance, keep in mind that permanent life insurance premiums tend to be more expensive than term life insurance policies because of the additional features permanent life insurance policies have.

Amica offers two kinds of whole life insurance policies:

  • Guaranteed Level Premium
  • Guaranteed Level Protection

These options function the same way as their term life counterparts. The only difference is that these policies last a lifetime and build cash value. Policyholders can access the cash value if they surrender the policy before they could file a claim or borrow from their life insurance policy.

Amica's whole life insurance policies also have an early benefit provision for when the insured is diagnosed with a terminal illness with less than a year to live.


The Bad

  • Requires Medical Exam for Underwriting
  • No Universal Life Insurance

Requires Medical Exam for Underwriting

No medical exam is required when you get a quote from the company's website. Keep in mind that if you decide to go through with the application, you'll likely have to go through a medical exam for the underwriting process that then determines the risk of insuring you and what your monthly premium cost will be. While slightly inconvenient, it may help you qualify for a lower rate. The good thing is that the exam is done at Amica's expense.

Medical exams are required for by most life insurance carriers unless you're applying for a guaranteed acceptance policy. While inconvenient, you'll find similar processes at other companies.

No Universal Life Insurance

Amica does not offer universal life insurance. Universal life insurance is another kind of permanent insurance. It offers more flexibility when determining premium payments and investment choices. Because there is more risk with the cash value of these policies, the premium rates are typically lower than whole life insurance. If you want this kind of insurance policy, you'll need to consider another life insurance carrier.


The Bottom Line

Amica Mutual Insurance Company works for the responsible person who is looking to secure his or her family's future should an unexpected tragedy take place. Amica has earned high financial strength ratings, which indicates its financial stability and ability to pay insurance claims. 

Amica's life insurance products include term and whole life insurance. It's options for each type are a Guaranteed Level Premium and a Guaranteed Level Protection. These options allow clients to choose a policy that meets their needs best. Amica also offers a term conversion option among its policy offerings.

The insurer offers additional kinds of insurance, too. In some cases you may qualify for discounts if you purchase multiple kinds of insurance through Amica. Amica's additional offerings include renters insurance, homeowners insurance, and auto insurance.

Amica does not offer universal life coverage. If that's the kind of life insurance you want, you'll need to look at another insurance company. Otherwise, Amica is a good choice.

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Stephen Albert State College, PA

I have been with Amica since 1975. I have a full range of their policies, from Homeowners to Auto to Life. The people are always polite and very understanding. They are not the cheapest, but I have found you really do get what you pay for. If they ever need to pay you for damages, the funds just show up in your account. While it seems most insurance companies exist to deny you coverage, AMICA is a true partner, and they go out of their way to help.

2 years ago

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Terri Stephens Dawsonville, GA

I applied for life insurance in August 2018 and as of March 2019, Amica underwriters have still not managed to approve or disapprove a life insurance policy for me. I'm healthy and take one maintenance prescription. The sales rep is extremely embarrassed and has run out of excuses. How they manage to stay in business is beyond me. What a huge waste of time!

4 years ago

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Carol Carlson Athol, MA

They are always there to answer questions quickly and efficiently.

6 years ago

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John Bedford, TX

Horrible customer service. Completely unacceptable

5 years ago