Insurance Products

MyLife Flexible Life Insurance

Flexible life insurance coverage for your changing needs.

Whether you’re getting married, having a baby or starting a new career, you want to know that the most important dream of all – a family with the financial resources it needs to thrive – is protected.

A MyLife policy from American Family Life Insurance Company provides long-term protection with built-in flexibility to meet your evolving needs. This product features:

  • Affordable coverage
  • Accumulation of cash value
  • Availability of paid-up insurance
  • Flexibility with two premium levels

MyLife Offers Two Options

Freedom offers affordable coverage when your family’s needs are at their peak, and guaranteed*, paid-up coverage for your retirement years. If you elect this option, you’ll have no payments after age 65 or 20 years after purchase, whichever is later.

*Loans or partial surrenders may void the Freedom Guarantee. Details are found in the policy.

Freedom offers affordable coverage graph

Legacy offers the flexibility you need to build value throughout your lifetime. It maximizes the policy’s coverage and cash value as you get older and allows you to provide your family with a legacy.

Legacy provides life-long coverage graph

Your American Family agent can help you choose a policy specifically for you.

Frequently Asked Questions

I’m young and healthy. Why do I need insurance now?
Your life insurance premium is based, in part, on your age. So the time to buy life insurance is when you are young and in good health. Somewhere down the road, failing health could mean a higher rate or prevent you from qualifying for life insurance.

Who can apply for MyLife?
We offer MyLife policies to qualified applicants aged 0-80.

I’m in great health. Can I get a better rate?
We offer competitive rates for those who take good care of themselves by making healthy lifestyle choices. Keep in mind, though, multiple factors determine policy rates.

Can I add my children to my MyLife policy?
Several riders, including the Children’s Insurance Rider, allow you to customize your MyLife insurance policy. This optional coverage, available at an additional cost, provides $10,000 coverage on natural, adopted and step children. The premium is the same, regardless of the number of children.

Rider Form: ICC13-CIR UL
Rider Form: L-CIR UL (AZ, ND, SD only)

Can I adjust my policy over time?
MyLife’s Legacy option provides the flexibility to make changes to your policy as your life changes. You may reduce or increase the coverage and premium and still retain your policy. This additional flexibility makes the Legacy option a good choice for business owners or individuals with fluctuating incomes. Increases in coverage may be subject to underwriting approval. Decreases in coverage may affect the policy guarantees.

American Family Life Insurance Company, 6000 American Parkway, Madison, WI 53783.

ADL-34235—12/13
Policy Form ICC13-97
UL Policy Form L-97
UL (AZ, ND, SD only)

Life Insurance Resources

Life Insurance Brochures

Life Insurance Needs Calculator – Estimate your coverage needs. Then discuss them with an American Family Insurance agent.

Life Insurance Video Series – Short, easy-to-understand videos explaining the value of life insurance.

Life Insurance - Related Blog Posts

 

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Discuss Your Needs

Discuss Your needs with an American Family local agent.

With American Family Insurance, we make your insurance experience easy and convenient and ensure there are no unwelcome surprises -- especially in your time of need.

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