Empire General Life Assurance Corporation

Empire General Life Assurance Corporation, together with its parent company, Protective Life Corporation, is serious about financial obligations to their customers. While Empire General is financially strong on its own, it enjoys being a wholly-owned subsidiary of Protective Life (founded in 1907). As such, its obligations are guaranteed by the parent company. Consequently, its products are not only highly competitive, but they are also extremely secure. The total assets of Empire General Life Assurance Corporation are $219 million, while it has net life insurance policies of $71.2 billion.

Empire General Life Assurance Corporation will soon share the market with new sister companies, the Chase Insurance Company, Chase, Insurance Life and Annuity Company, and Chase Insurance Life Company of New York. All together, the Protective Life Insurance Group and its subsidiaries will be able to offer a large range of competitively priced products.

Empire General Life Products

Empire General Life Assurance Corporation and its sister companies offer a variety of life insurance products, including permanent and term life insurance.

These products often include terminal illness benefits for the payment of up to 60 percent of the value of the policy.

Term policies may be converted with out a medical exam. Individual policies will determine the conversion period.
Waiver of premium riders and accidental death riders are available for extra premiums.
See you insurance agent for the upper age limits on these policies and riders, but many are available for customers up to the age of 70 or 75.
There are upper limits to the face values of the riders, as well.

Empire General Ratings

A.M. Best: A+
Standard and Poor’s: AA
Fitch: AA-

The financial strength of a company and potential for prolonged survival are represented by the above ratings.