What CICA LIFE Insurance Company of America does

CICA Life Insurance Company of America is an international life insurance carrier and a subsidiary of Citizens Inc. (NYSE: CIA), operating alongside sister entities CICA Life of America and Security Plan. With over 50 years of operating history, CICA Life specializes in living-benefit life insurance products that combine death protection with systematic wealth accumulation, targeting individual retail customers both internationally and in the United States. The company sells US$ denominated whole life and endowment policies backed by conservative US-based investments, with guaranteed cash values, dividends, and lifetime income features.

The company's product portfolio is organized into four series: the Whole Life Series (death protection plus guaranteed savings and dividends), the Abundance Series (age-65 endowment policy with retirement benefits and dividends), the Freedom Series (a broader living-benefit portfolio for international markets), and Critical Illness Coverage (direct benefit payment to the policyholder on qualifying illness, offered both domestically and internationally). Products are structured with recurring premiums across multiple age and coverage-amount tiers.

CICA Life distributes through a multi-channel architecture: an international network of independent consultants (the primary international channel), licensed US agents accessing a dedicated agent portal, and direct policyholder self-service via a customer portal. Application enrollment and processing is handled in partnership with Nexo Enrollment Services (NES). The corporate website is published in English, Spanish, Chinese, and Portuguese, reflecting the international go-to-market focus. Pricing is not publicly disclosed and varies by age, coverage amount, product series, and underwriting; revenue is generated through recurring insurance premiums on long-duration policies.

Name

CICA LIFE Insurance Company of America

Legal name

CICA LIFE Insurance Company of America

Website

https://cicalife.com

Company type

Private

Operating status

Operating

Headcount range

251–500 employees

Short description

CICA Life is an international life insurance subsidiary of Citizens Inc. (NYSE: CIA) that sells US$ denominated whole life, endowment, and critical illness policies to retail customers abroad and in the US, distributed via independent consultants, licensed agents, and self-service portals.

Ownership category

akta.pro rank

Product category

Life Insurance

NAICS

Direct Life Insurance Carriers (524113)

SIC

Life Insurance (6311)

akta.pro primary industry

Participating (Dividend) Whole Life Insurance (FSAIABAI)

akta.pro secondary industries

Whole Life Insurance (FSAIABAA), Universal Life (UL) Insurance (FSAIABAB), ACA Marketplace (On-Exchange) Individual Plans (FSAIAEAA)

Keywords

• Living benefit life insurance
• Whole life insurance
• Critical illness coverage
• International life insurance
• Retirement income planning

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Insurance Premiums: CICA Life generates revenue through insurance premiums collected from policyholders. Products include whole life insurance, endowment policies, and critical illness coverage. Premiums are collected systematically over the policy term with guaranteed cash values and dividend-earning potential.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

CICA LIFE Insurance Company of America sells living-benefit life insurance products designed to help individuals and families build wealth, accumulate guaranteed cash values, and secure retirement and lifetime income. Its product portfolio includes the Whole Life Series, Abundance Series (endowment at age 65), Freedom Series, and Critical Illness Coverage, offered internationally with US-dollar-denominated policies and guaranteed returns backed by conservative US investments.

Product overview

CICA LIFE offers a multi-series portfolio of living-benefit life insurance products designed to help clients build wealth and financial security. The product lineup includes the Whole Life Series (combining death protection with guaranteed savings and dividends), the Abundance Series (endowment policy at age 65 with retirement benefits), the Freedom Series (comprehensive living-benefit insurance), and Critical Illness Coverage (direct payment to policyholders for qualifying illnesses). Each series can be purchased for different ages and amounts, with over 50 years of experience specializing in living benefits products.

Differentiator

Problem solved

Functional benefit

Brands

• Whole Life Series: A unique financial product offered internationally that combines family death protection with guaranteed savings protection, plus dividends, generating long-term bonus accumulation on top of guaranteed cash values.
• Abundance Series
• Freedom Series
• Critical Illness Coverage

Products and services

• Whole Life Series International living-benefit life insurance product combining family death protection with a guaranteed savings protection component and dividends, generating long-term cash-value accumulation on top of guaranteed contract values, designed for individuals and families across age and coverage tiers.
• Abundance Series Endowment life insurance policy maturing at age 65, offered internationally, that provides retirement benefits and accrues dividends on guaranteed cash values, intended for policyholders planning long-term retirement income.
• Freedom Series Robust portfolio of living-benefit life insurance products offered in the international market for individuals planning their financial future, providing one of the broader selections of savings and protection combinations among CICA's offerings.
• Critical Illness Coverage Coverage that pays benefits directly to the policyholder upon diagnosis of a qualifying critical illness, allowing the insured to decide how to allocate funds for added expenses, offered both domestically in the US and internationally.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Nexo Enrollment Services (NES)coreImplementation/ SI/ Consulting PartnerNexo Enrollment Services (NES) specializes in the enrollment and processing of applications for CICA Life, A.I. and its subsidiary agencies. NES handles the administrative processing of insurance applications, ensuring efficient onboarding of new policyholders.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Manulife: Manulife underwrites life insurance across North America, Asia, and other international markets with a strong advisor channel — directly comparable to CICA Life's international living-benefit distribution thesis.
• MetLife: MetLife is a global life insurance incumbent with broad whole life, universal life, and group benefits offerings; overlaps with CICA Life's permanent life and living-benefit categories but at vastly larger scale.
• Pacific Life: Pacific Life sells whole life, universal life, and annuity products through financial professionals, overlapping with CICA Life's permanent life and living-benefit product lines.
• Prudential Financial: Prudential offers individual life insurance (term, whole, universal) and retirement products through financial professionals; competes with CICA Life for the same customer savings and protection needs.

Direct peers

• Primerica: Primerica distributes term and whole life policies to middle-market families through a large independent sales force, closely paralleling CICA Life's consultant-driven model and demographic focus.
• National Western Life Insurance: National Western Life underwrites whole life and annuity products heavily oriented to international and US multicultural markets via independent agents — almost a direct analog to CICA Life's strategy.
• Lincoln National Life: Lincoln National sells whole life, universal life, and living-benefit products through advisor channels; directly comparable in product mix (permanent life with cash accumulation) and life-stage targeting.
• Globe Life: Globe Life focuses on whole life insurance sold through agent and direct channels to middle-income households, mirroring CICA Life's mix of guaranteed cash value products and field distribution.

Regional players

• Sagicor Financial: Sagicor underwrites life and health insurance across the Caribbean and Latin America through agent networks, directly comparable to CICA Life's international living-benefit distribution model.

Emerging players

• F&G Annuities & Life: F&G sells indexed annuities and life insurance through independent agents, comparable in channel model and in the focus on accumulation-oriented products with guaranteed features.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cica-life-insurance-company-of-america

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CICA LIFE Insurance Company of America