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Find a Location

IA American Life Insurance Company has 1 locations, listed below.

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    Business ProfileforIA American Life Insurance Company

    Life Insurance
    BBB accredited business

    At-a-glance

    Customer Reviews

    3/5stars

    Average of 2 Customer Reviews

    Customer Complaints

    3 complaints closed in last 3 years

    2 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 4/5/2018

    Years in Business: 44

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Related Categories

    Business Details

    Location of This Business
    425 Austin Ave, Waco, TX 76701-2147
    BBB File Opened:
    4/4/2018
    Years in Business:
    44
    Business Started:
    5/30/1980
    Business Started Locally:
    5/30/1980
    Business Incorporated:
    7/2/1981
    Accredited Since:
    4/5/2018
    Licensing Information:
    This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
    Type of Entity:
    Corporation
    Business Management
    • Mr. Joe W Dunlap, Executive Vice President
    • Ms. Melissa Clendenin, Director of Client Services
    • Mr. Lanny Peavy, President/CEO
    • Mr. Julio Ortega, Vice President of Marketing
    Contact Information

    Principal

    • Mr. Joe W Dunlap, Executive Vice President
    • Mr. Julio Ortega, Vice President of Marketing

    Customer Contact

    • Mr. Julio Ortega, Vice President of Marketing
    Additional Contact Information

    Fax Numbers

    • (254) 297-2105
      Primary Fax

    Phone Numbers

    Industry Tip

    BBB Tip: How to buy life insurance

    Customer Complaints

    3 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    10/20/2023

    Complaint Type:
    Billing Issues
    Status:
    Answered
    2 representatives from ******** came to our house. They were at our home for 4 hours. They said they wanted us to speak to the director of our current policy to see if the money we had on that policy would we be able to transfer, so we wouldn't lose any money. We talked to the director and he said we were in total control of it and it wouldn't make much of a difference to go with other company. We decided not to go with the policy from American Amicable Life Insurance. We told ***** to not take any money out until we speak with him. We called him that Friday and told him to cancel it and not take any money out. He said to not worry and he wouldn't take any money out. I saw on my bank statement money was taken out  from two companies. We were able to get a refund for the other company. We've contacted ***** about getting a refund from Amicable Life Insurance and now he will not answer our calls. I spoke to someone else from the company and I was told to write a letter stating we didn't authorize the charge. We wrote the letter and mailed it to the business. They said they didn't receive the letter so we wrote a second letter two weeks later. They've taken out 5 payments of $89.66 for my husband. It has now been over a month and they have not followed up with us.
    Read More

    Customer Reviews

    2 Customer Reviews

    What do you think? Share your review.

    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Jeff D

    5 stars

    08/08/2024

    Great company and products. Retired military, had my annuity with them since 2001. 52 now and planning my forever retirement thanks to being introduced to this company and their products. My kids are now starting their careers (one military also) and they are definitely using IA for one source of guaranteed and secure financial growth.

    Local BBB

    BBB serving the Heart of Texas

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