Does Allstate Sell Life Insurance? 
Allstate Life Insurance Company and Allstate Life Insurance Company of New York sell Term Life Insurance , Universal Life , Variable Universal Life and Whole Life Insurance . American Heritage Life is now marketed under the name Allstate Benefits and provides Universal Life , Term Life , Critical Illness , Accident and Disability Insurance through employers via payroll deductions , similar to AFLAC . Allstate recently sold Lincoln Benefit Life . 