Americo Rate Calculator
Estimate monthly premiums for Americo Final Expense & Term Life Products
Male
Female
No
Yes
Eagle Premier (Immediate Benefit)
Graded Benefit (Minor Health Issues)
Guaranteed Issue (Serious Health Issues)
Estimated Monthly Premium:
$0.00
Estimated Annual Cost:
$0.00
Coverage Per $1 Premium:
$0.00
Understanding Americo Insurance Rates
Americo Financial Life and Annuity Insurance Company is widely recognized for its final expense products, particularly the Eagle Premier Series. When calculating rates for Americo policies, it is crucial to understand that premiums are determined by actuarial tables that assess mortality risk based on several key factors.
Unlike mortgage calculators or savings tools, an Americo Rate Calculator focuses on the cost of purchasing a death benefit (Face Amount). This tool helps applicants estimate the monthly financial commitment required to secure coverage for funeral costs, debts, or legacy planning.
Key Factors Affecting Your Premium
The calculation logic above simulates the underwriting guidelines typically used by carriers like Americo:
- Age: Life insurance rates increase exponentially as you age. Locking in a rate at age 50 is significantly cheaper than waiting until age 65.
- Gender: Statistically, women have a longer life expectancy than men, often resulting in lower premiums for the same coverage amount.
- Nicotine Use: Tobacco users are considered higher risk. Rates for smokers can be 30% to 50% higher than non-smokers.
- Coverage Amount: This is the tax-free lump sum paid to your beneficiary. Premiums scale linearly with the coverage amount (e.g., $20,000 coverage costs roughly double $10,000 coverage).
- Health Tier:
- Eagle Premier (Immediate Benefit): For those in good health. Coverage starts day one.
- Graded Benefit: For those with some health complications. Full payout is often restricted in the first 2-3 years.
- Guaranteed Issue: No medical questions, but higher rates due to the increased risk to the insurer.
How to Interpret the Results
The Estimated Monthly Premium represents the amount you would pay to Americo to keep the policy active. Final Expense policies are typically "Whole Life," meaning the rate is locked in for life and will not increase as long as premiums are paid.
The Coverage Per $1 Premium metric helps you analyze efficiency. It tells you how much death benefit you are securing for every dollar you spend monthly. Generally, younger and healthier applicants receive a higher coverage-to-premium ratio.
Disclaimer: This calculator is for educational and estimation purposes only. It is not an official tool of Americo Financial Life and Annuity Insurance Company. Actual premiums are determined by specific underwriting criteria, prescription history, and MIB reports. Please contact a licensed insurance agent for an official binding quote.