Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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Benjamin Carr was a licensed insurance agent in Georgia and has two years' experience in life, health, property and casualty coverage. He has worked with State Farm and other risk management firms. He is also a strategic writer and editor with a background in branding, marketing, and quality assurance. He has been in military newsrooms — literally on the frontline of journalism.

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Reviewed by Benji Carr
Former Licensed Life Insurance Agent

UPDATED: Jul 15, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right life insurance coverage choices.

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 top life insurance 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 Facts of Life

  • Your cancellation choices are determined by the type of life insurance you have, either term or whole life
  • If you stop paying your term life insurance premiums, your coverage will cease instantly
  • If you recently purchased your insurance, you may still be in the free look period and can cancel without penalty

Life insurance is a smart way of advanced planning for your family’s future when you pass away. However, sometimes the insurance company or plan you picked just isn’t the best option for you.

That’s when you need to find out how to get out of your American National life insurance policy. This article will teach you exactly how to do so without any problems.

It’s possible to buy life insurance even before you get out of your American National life insurance policy. Enter your ZIP code to get free life insurance quotes from top insurers that can offer you affordable life insurance.

American National: How To Cancel Life Insurance Policy

There are two main choices. Firstly, by law, life insurance policy cancellation rules include a free look period. According to Investor, this is a fixed period generally 10 days following your purchase.

You can obtain a complete refund on any premiums you’ve paid if you cancel your American National life insurance policy during this time.

The second choice is dependent on your policy type.

Enter your ZIP code below to compare cheap life insurance rates.

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Term Life vs. Whole Life Insurance

Term life is a form of life insurance that provides a simple death benefit payment when you pass away. Whole life is a pricier permanent coverage option that can build up cash value over the life of the policy. These two insurance types have different options to cancel.

Term Life

You can get out of your American National term life insurance policy simply by failing to pay your premium payments. This will allow your coverage to lapse with little effort on your side.

Whole Life Insurance

You can surrender your whole life insurance coverage by contacting the American National life insurance company directly. You may be able to get part of the money you’ve paid back depending on how much equity you’ve built up.

You can cancel your American National life insurance policy online by using your login information on the company website. Or, you can contact the company by phone at 1-877-698-0987.

Can I cash out my American National life insurance?

Permanent life insurance policies, i.e. whole and universal life, allow you to access the cash value that has grown over time. If you have this kind of policy you can get some cash. But, you’ll be reducing the death benefit payable to your beneficiaries.

You don’t have to wait until you get out of your American National life insurance policy to find better life insurance rates. Enter your ZIP code now to find life insurance quotes that can replace the insurance coverage you’re canceling.