Insurance Market Update: Is ANICO Leaving the Life Insurance Industry?
There’s been growing buzz in the industry: American National Insurance Company (ANICO) may be exiting the life insurance market by the end of May 2025 to focus exclusively on annuities. Naturally, this has raised concerns—is it true, and what does it mean for current policyholders?
Who is ANICO?
Founded in 1905 and headquartered in Galveston, Texas, ANICO is a long-established insurer known for offering a range of products including life insurance, health insurance, and annuities. It has built a strong reputation over more than a century in the U.S. insurance market.
What We Know So Far
As of now, there is no official statement or credible report confirming that ANICO will exit the life insurance industry by the end of May. We encourage policyholders to monitor ANICO’s official communications or consult with a licensed advisor before making any decisions based on rumors.
Will My Policy Still Be Valid?
Even if ANICO does shift its business strategy, existing life insurance policies remain legally binding and in force. However, since every policy is different, now is a good time to check:
Will I still receive ongoing service and support?
If I want to convert or add coverage, what are my options?
Should I consider more stable or long-term alternatives?
How ToraWealth Can Help
Uncertainty in the insurance market is exactly why we're here. At ToraWealth, we offer:
Free policy reviews and benefit explanations
Guidance on suitable replacements or supplemental coverage
Ongoing updates on market changes and how they affect your coverage
Whether you’re an existing ANICO policyholder or just exploring new insurance options, ToraWealth is here to help ensure your financial protection stays strong and uninterrupted.
📞 Reach out today to schedule a free consultation and get clarity on your next steps.
