American Mayflower Life Insurance Company of New York (a Genworth Financial Company)
American Mayflower Company Information
American Mayflower Life Insurance Co. of New York is a subsidiary of First Colony Life Insurance, a Genworth Financial Assurance company, offered by the well-established Term Life America Insurance. American Mayflower Life Insurance is licensed to serve residents of New York, New Jersey, Connecticut, Maryland, Virginia, Rhode Island and Florida and is bound to excellence through its principles of honesty, responsibility and value.
Headquartered in New York City, American Mayflower Life Insurance has over $9.5 billion dollars worth of insurance in force and has garnered high ratings across the board for its financial strength.
American Mayflower Products Information
Term Life Insurance: Term is the most affordable type of life insurance, term policies are convertible and most are renewable without evidence of insurability.
Whole Life Insurance: American Mayflower Life Insurance offers two types of whole life insurance, ‘limited payment whole life insurance’ and ‘whole life’ insurance. The difference between the two life insurance contracts is the premium payment period.
Waiver of Premium Rider: If the insured person is totally disabled, the premium payments will be waived during the period of disability. The charge for this rider changes with the policy’s premium, and it ceases when the insured person turns 60.
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