American United Life Insurance Company Review

by Jim Tobin, CFP

Company Highlights

  • A.M. Best Rating :  AA
  • Term and Whole Life Offered
  • Appointment with Representative Required 
  • Pricing and Underwriting Lack Transparency.
American United Life Insurance Company Review

Life Insurance Help Desk Rating

American United Life Insurance Company is a member of the OneAmerica financial services family.

 If you own a television or a radio, you are probably familiar with advertisements for  One America. 

This review will address company history, financial ratings, and the positives and negatives of  American United Life Insurance Company.

Additionally it will address some specific  situations where it may make more sense to go outside the American United Life Insurance family of products. 

The goal is to make sure that you get the policy that provides you the most value.

 American United Life Insurance Company History

Founded in 1872 and headquartered in Indianapolis,IN.,  American United Life Insurance (AUL) has , sisnce 2000, been a proud member of the OneAmerica family.

Since it's humble beginnings, the group has expanded it's reach in the financial services market. AUL is now listed as a 1.5-2 Billion dollar company. 

 American United Life Insurance Company Raitngs


AUL has received stellar ratings for financial stability. This indicates that the company is in strong position to meet it's obligations going forward.  


  1. A.M. Best Company: AUL life insurance rating given by A.M. Best was an A+ (Superior). This is the second highest possible out of 16 total ratings.
  2. Standard & Poor’s: AUL life insurance rating given by Standard & Poor’s was an AA (Very Strong). This is the fourth highest out of 21 possible total ratings.
  3. Comdex Score- 95/100

American United Life Insurance - (Term)

AUL offers traditional term life insurance. The policies offered are 10,15,20, and 30 year terms like many of the best life insurance companies.   

AUL term policies have conversion privileges that are policy specific.

Other AUL Products

In addition to it's flagship term life insurance product, AUL also offers  Universal life insurance and whole life insurance. Although these products can be found with better pricing in the open marketplace, they are worth noting.

Additionally, AUL/OneAmerica is a virtual insurance/financial services supermarket. 

  • Long Term Care
  • 401(K) 
  • 403(B)
  • 457 Retirement Services 

AUL Term Life Insurance Rates and Quotes

American United Life insurance Company only markets it's products directly and though OneAmerica. This is a disadvantage for the consumer because it makes apples to apples comparisons less convenient. 

Whereas you can use the quote tool on this page to get quotes from most of the leading carriers, you will have to go to the AUL/OneAmerica website  and make contact with an AUL agent in order to get quotes.

Are AUL Term life insurance rates competitive?

Because AUL / OneAmerica uses a sales model that requires a face to face appointment to get rates, it is difficult to ascertain the competitiveness.

However, our experience has been  that when a market participant is not willing to be transparent with pricing , it is unlikely that the deal be offered is as good as those that are transparent. 

Cases whereAUL is not a great choice

WhileAULmay be competitive with major carriers for certain circumstances,  the fact remains that different carriers have differing appetites for specific health risks. 

Is AUL competitive on all of them? Not likely. 

If you have a specific condition, you are best off speaking with an independent agent to find out which carrier will give you the best chance to get approved at a great rate.  You can then compare that with AUL if you wish to make an appointment with a representitive. 

While One America may be a reputable life insurance company, it is hard to recommend with out being able to access pricing and underwriting guidelines. 

That being said, if you are using OneAmerica for retirement services, it may make sense to keep everything under one roof.   

AUL Life Insurance Suicide Exclusions

The 2 year suicide clause that is part of all life insurance policies in the United States, is the same. (Note that some states use a 1 year exclusion)  

American United Life Insurance Customer Service

The National Association of Insurance Commissioners reports a complaint index of .006 for AUL. This is well below the national average of 1 percent

Additionally, while AUL is not rated by JD Power & Assoc., it has a BBB rating of A+.

AULContact Info 

Address:1 American Sq #368
Indianapolis, IN 46206

Phone:(317) 285-1877

Web:https://www.oneamerica.com

The AUL life insurance review final Verdict

Is American United Life Insurance Company right for you?It really all depends on your situation.

 If you have notable health impairment(s), you will likely be better suited by shopping around on the open market where it is convenient to make apples to apple comparisons. 

Moreover, having the use of an independent expert who can send your application to a carrier that is likely to view you in the best possible light has value that AUL can't offer.

However, if you happy with retirement services being provided by OneAmerica and in good health, it may be convenient to keep things under one roof. 

Thank you for choosing the Life Insurance Help Desk to shop for life insurance.

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James Tobin, CFP
 

Jim Tobin is the owner of Life Insurance Help Desk, a Fairfield County, CT. life insurance agency. You can find him on LinkedIn and Facebook. Over the past 10 years, Jim has used his CFP-financial planning designation to help individuals with their life insurance needs. In addition to working with life insurance clients, Jim teaches ESL classes in his spare time. He resides with his beautiful wife Nicole and the 3 cats that rule their lives..