Acacia Life Insurance Company
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Acacia Life Insurance Company
Acacia Life Insurance Company
7315 Wisconsin Avenue
Bethesda, MD 20814
1-800-444-1889
The Acacia Life Insurance Company is a mutual insurance company established in 1867, with over a century of experience it is a vision of financial strength and stability. It has been acknowledged with strong ratings by different rating agencies. In 1997, the Acacia Mutual Holding Company of Washington, D.C was formed making it a stock life insurance company. In the late 90’s Acacia merged with Ameritas Mutual Insurance Holding Company and is now known as Ameritas Acacia Mutual Holding Company. This merger is the first of its kind among mutual life insurance holding companies. In 2006, another merger was formed with Union Central Mutual Holding Company, and they became UNIFI Mutual Holding Company. Currently the affiliated group has around 500 thousand policy holders, 2,400 associates and with $16.9 billion in assets. Ameritas Acacia Life Insurance alone has estimated revenue of over $182 million and has over 1000 employees. The groups of companies focus on annuity and traditional life products.
Traditional life insurance and annuities is designed to help provide security for the uncertainties of the future, providing policies that not only protect but also caters to financial and investment needs of people, their families and businesses. Proceeds from life insurance provide financial support in times of tragedy, through bills payment, educational expenses, protection of retirement funds and much more. Annuities on the other hand are important for a solid financial ground. Investing in your insurance company will generate earnings in the future; this is helpful in managing your finances and retirement funds.
They also offer variable products such as group and dental eye car insurance, with affordability and flexibility that can cater to any employers’ demands. As a policy holder you are given a choice of plan designs, quality PPO panel and a state-of-the-art claims-paying system. You can ensure the quality of your future with Ameritas Retirement Plans and they also offer investments and banking solutions.