Sara Routhier, Managing Editor and Outreach Director, has professional experience as an educator, SEO specialist, and content marketer. She has over five years of experience in the insurance industry. As a researcher, data nerd, writer, and editor she strives to curate educational, enlightening articles that provide you with the must-know facts and best-kept secrets within the overwhelming world o...

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Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent several years as a Farmers Insurance CSR, gaining a solid understanding of insurance products including home, life, auto, and commercial and working directly with insurance customers to understand their needs. She has since used that knowledge in her more than ten years as a writer, largely in the insur...

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Reviewed by Leslie Kasperowicz
Farmers CSR for 4 Years

UPDATED: Mar 4, 2021

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Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance provider and cannot guarantee quotes from any single provider. Our life insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance related. We update our site regularly, and all content is reviewed by life insurance experts.

The Brief

  • Fidelity Life provides life insurance policies specifically for the elderly
  • Accordia Life offers more customization for its policies
  • Both providers are financially strong

Accordia Life and Fidelity & Guaranty Life provide affordable life insurance policies for those within the United States. The difference found when comparing Accordia Life vs. Fidelity Life appears in the types of life insurance provided.

Both companies have been rated highly by the most respected rating agencies.

The primary difference between Accordia Life vs. Fidelity Life is that Accordia solely offers general coverage for various ages but Fidelity offers coverage specifically designed for seniors. This can make age a major factor in which provider you choose.

When you’re ready to buy life insurance, enter your ZIP code above to compare free life insurance quotes in your area.

Accordia Life vs. Fidelity Life: How do their ratings compare?

A.M. Best and the Better Business Bureau have given high ratings to Accordia Life and Fidelity Life. Additionally, Accordia Life has been rated highly by S&P and Fitch.

Accordia Life insurance has been rated an “A” by A.M. Best, which the agency considers excellent. They were also given an “A” by the Better Business Bureau, an “A-” by S&P, and an “A” by Fitch, all of which are considered “strong” ratings.

The Fidelity Life Association Insurance Company has been rated an “A-” by A.M. Best and an “A+” by the Better Business Bureau. The life insurance provider was not rated by S&P or Fitch.

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Accordia Life vs. Fidelity Life: Do they have complaints?

The Better Business Bureau provides complaints customers have submitted about the companies they review. This allows potential customers to determine the type of service that they’ll receive from the company they’re considering.

At the time of this comparison, Accordia Life has received 48 complaints over the past three years. These complaints include 26 about products and services, 21 about billing and collection, and one about advertising and sales.

Fidelity Life has received 20 complaints over the past three years to the Better Business Bureau. These complaints include five regarding advertising and sales, nine regarding billing and collection, four regarding products and services, one regarding guarantee or warranty issues, and one regarding delivery issues.

The number of complaints about both Accordia Life and Fidelity Life is considered higher than average. Reviewing the specific complaints will allow you to determine if they are a legitimate concern.

Accordia Life vs. Fidelity Life: What insurance policies are offered?

The primary difference when comparing Accordia Life vs. Fidelity Life is the type of insurance policies provided.

Accordia Life offers term life, whole life, and universal insurance policies for everyone while Fidelity Life limits younger customers to term life insurance.

Fidelity Life has a variety of coverages specifically designed for those above the age of 50. A primary factor when choosing between these two companies can be the age at which you purchase your life insurance policy.

Life Insurance Offerings

The Accordia Life insurance company offers term life, whole life, universal life, and indexed life insurance for all customers. The term life plans are available in 10, 15, 20, and 30-year increments. The policy amount ranges from $30,000 to $500,000.

Accordia also offers permanent life insurance in the form of whole life, universal life, and indexed life insurance.

The differences between these policies are that whole life insurance maintains a fixed premium, universal life insurance features a flexible premium, and indexed life insurance features a cash value with the ability to accumulate interest.

Fidelity Life provides term life insurance plans for younger customers and permanent life plans solely for the elderly. The term life plans are available to those between the ages of 18 and 65. The term life coverage is available between 10 and 30 years with coverage amounts ranging from $50,000 to $1 million.

They also offer express term coverage, which can be obtained without a medical examination. This type of term life insurance features coverage from $25,000 to $100,000.

Fidelity Life is unique in that they offer coverage solely for those of an older age. Their senior life insurance plans are designed for those over 50 years of age and feature term life, whole life, final expense, and guaranteed issue whole life coverage.

The senior term life coverage is available up to 70 years of age and for 10 to 30 years. This coverage is available between $10,000 and $150,000.  Fidelity’s whole life coverage is available for those up to 85 years of age and covers between $10,000 and $150,000.

Unlike many life insurance providers, Fidelity Life also offers final expense and guaranteed issue life insurance.

Final expense provides coverage to be used for your final or last expenses and is available between $5,000 and $35,000. Guaranteed issue insurance offers the least amount of coverage but the premium is guaranteed to stay the same.

Accordia Life vs. Fidelity Life: What riders are offered?

When you buy life insurance, it will be a basic plan. You might desire additional coverage to protect your family. Riders are options that allow you to customize your policy. These are commonly offered by life insurance providers but might require an additional premium.

Most providers offer an accelerated benefit rider free of charge. This is a rider that allows you to access a portion of your policy before your death if you have a terminal illness.

Accordia Life and Fidelity Life include this rider if the criteria for it are met by the policyholder.

Accordia Life offers more riders than most life insurance providers, including Fidelity. This is important for those that wish to customize their life insurance policy. The riders offered by Accordia Life include:

  • Primary insured
  • Additional insured
  • Guaranteed purchase options
  • Children’s insurance
  • Accidental death benefit
  • Waiver of monthly deduction
  • Waiver of a specified premium

The riders offered by Fidelity Life include:

  • Child life insurance
  • Accidental death
  • Return of premium

Fidelity Life doesn’t offer as many riders as Accordia Life but does have a good selection of their own.

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Accordia Life vs. Fidelity Life: Can policy information be accessed on mobile devices?

Some providers have mobile apps, allowing customers easier access to their accounts. While neither Accordia Life nor Fidelity Life offers a mobile app, they do have mobile-friendly websites.

Through the browser of your choice, you can view policy information, make changes, and make payments on your mobile device.

Accordia Life vs. Fidelity Life: History

Accordia Life and Annuity Company is a subsidiary of Global Atlantic, a company founded in 2004. In 2013, Global Atlantic purchased Aviva USA, rebranding it as Accordia Life.

While Accordia Life only offers life insurance, Global Atlantic’s various subsidiaries can be used to buy other types of insurance.

Fidelity and Guaranty Life was founded in 1898 under the name the Fidelity Life Association. Based in Illinois, the company is owned by Vericity, which also owns eFinancial. Fidelity Life products are available for purchase through eFinancial.

Accordia Life vs. Fidelity Life: The Bottom Line

Accordia Life and Fidelity Life are two highly-rated life insurance providers. When comparing Accordia Life vs. Fidelity Life, the choice largely comes down to the age at which you plan on buying your policy.

Knowing the differences between the two companies will help you determine which one fits your needs. Enter your ZIP code to find the most affordable life insurance rates in your area.

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Frequently Asked Questions

In addition to the information you’ve already received, here are some other frequently asked questions.

#1 – Can I buy life insurance online?

Customers can use the Accordia Life website to apply, receive approval, and make payments online. For Fidelity Life purchases, customers can contact an agent through the company website.

#2 – How can I make payments?

Accordia Life and Fidelity Life allow customers to make payments through their website, by phone, or by mail. The different payment options include credit card, debit card, automatic bank draft, and check.

#3 – How much insurance do I need?

Most people consider a reasonable amount of life insurance to be six to 10 times your annual salary. Another way to calculate the amount is by multiplying your salary by the number of years until your retirement.