Is Aviva in the US?

In the United States, Aviva has approximately one million customers and employs nearly 1,500 people across the country. Aviva USA is part of Aviva plc, and can trace its presence in the United States back to the late 1800s. Aviva plc serves 50 million customers across Europe, North America and Asia Pacific.

Who bought out Aviva Life Insurance company?

Apollo Global Management
Apollo Global Management completed its purchase of Aviva USA on Wednesday for $2.6billion. The West Des Moines-based insurer is being incorporated into the private equity firm’s Athene insurance arm and will be known as Athene USA.

How much does term life insurance cost?

Term life insurance cost. A term life insurance policy is the right policy for most people. A healthy 30-year-old male can expect to pay an average of $21 a month for a 20-year policy.

What are the types of term life insurance?

The two main types of life insurance are: Term Permanent Term policies are purchased for the death benefit only and do not build up cash. Permanent policies come in many different forms such as whole life, universal life, indexed universal life, and variable universal life.

What are the advantages of term life insurance?

Advantages of Term Life Insurance. One of the primary benefits of term insurance is its lower initial cost when compared to permanent insurance. The reason it’s cheaper is that, with a term policy, you’re typically just paying for the death benefit, the payment your beneficiaries will receive if you pass away during the term of the policy.

What does a term life insurance cover?

Term life insurance generally covers a temporary economic liability for the beneficiaries of the insured. It is highly recommended that you purchase a term life insurance policy that includes the right to convert the policy to a permanent life insurance policy in case the temporary liability becomes permanent.