Amica Life Insurance.
Amica Life Insurance Company
Amica Life Insurance Company was incorporated in 1968 as a wholly-owned subsidiary of Amica Mutual Insurance. Our goal was to further broaden the types of financial protection available to Amica policyholders.
We believe in a consistent, conservative philosophy of investment, which translates into a strong and stable company for our policyholders.
Amica Life has never invested in real estate, mortgages, or junk bonds.
Over 98% of the company’s bonds are investment grade. Careful selection and underwriting of business have resulted in extremely low mortality experience and claims costs.