Jeffrey Wade
Freedom Life Insurance Company of America is a subsidiary of USHealth Group and offers a term life insurance policy that is good for 10 years at a time and can be renewed until the age of 70. The company's life insurance policies are not available in all 50 states. The process of cancelling Freedom Life Insurance is simple: you can stop paying your premiums to cancel the policy. There are no forms or cancellation fees required. However, it is recommended to contact customer service to confirm the cancellation and avoid any misunderstandings.
| Characteristics | Values |
|---|---|
| Difficulty of cancellation | Easy |
| Cancellation process | Stop paying premiums; contact customer service to confirm cancellation |
| Forms to fill out | None |
| Cancellation fees | None |
What You'll Learn
Cancelling Freedom Life Insurance: Contact details and process
Freedom Life Insurance is underwritten by the USHealth Group. If you want to cancel your Freedom Life Insurance policy, you can contact the USHealth Group customer service team.
The best phone number to call is 1-800-387-9027. 83% of customers used this number to address their issues and concerns. The customer service team is available Monday to Friday, 7:00 AM to 7:00 PM, and on Saturday from 8:00 AM to 1:00 PM, CT. The longest wait times are on Tuesdays, while the shortest are on Fridays and Wednesdays.
You can also contact the USHealth Group customer service team via email at [email protected] or [email protected].
If you would like to contact the support team online, you can visit www.ushealthgroup.com and head to the Contact Us page. On the Contact Us page, you can fill out a form by sharing your contact details, the nature of your inquiry, and your message.
Alternatively, you can write to the USHealth Group at the following address:
USHealth Group
300 Burnett Street, Suite 200
Fort Worth
Texas 76102-2734
Please note that cancelling a health insurance policy without having a new health insurance policy in place could leave you open to a fine. It is recommended that you line up your next health insurance policy before cancelling your existing policy to avoid a gap in coverage.
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Freedom Life Insurance: Pros and cons
Freedom Life Insurance is a subsidiary of USHealth Group and offers a simple and inexpensive term life insurance plan. The pros and cons of Freedom Life Insurance are as follows:
Pros
- Simple and inexpensive premium price ranges: Freedom Life Insurance offers a simple, one-size-fits-all term life insurance plan with premiums ranging from $10 to $50 per month, in $5 increments. This makes it a good option for those seeking basic coverage at a low cost.
- Renewable coverage until age 70: The company's LifeProtector plan is good for 10 years at a time and can be renewed until the policyholder reaches the age of 70.
- Easy cancellation: You can cancel your Freedom Life Insurance policy at any time by simply stopping premium payments. There are no forms to fill out or cancellation fees.
- Good financial ratings: The company has received good financial ratings, including an A- rating from A.M. Best.
Cons
- Limited coverage options: Freedom Life Insurance only offers one specific level term life policy. If you are looking for whole or universal coverage, or additional riders and benefits, you will need to look elsewhere.
- Not available in all states: Freedom Life Insurance is not available in all 50 states. It is not an option for residents of Connecticut, Hawaii, Massachusetts, New Hampshire, New York, Rhode Island, Vermont, or Puerto Rico.
- Lack of customization: There are no riders or endorsements available with Freedom Life Insurance, so the policy cannot be customized to meet individual needs.
- Limited online resources: Freedom Life Insurance does not offer an online quoting tool or other online resources such as life insurance calculators or online chat.
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Freedom Life Insurance: Customer feedback
Freedom Life Insurance Company of America is a subsidiary of USHEALTH Group. It offers a term life policy that is good for 10 years at a time and can be renewed until the age of 70. The cost of a term life policy with Freedom Life Insurance starts at $10 a month and goes up to $50 a month in $5 increments. The company has received mixed reviews from customers. While some appreciate the simplicity and affordability of the policies, others wish for more policy options and riders.
The customer complaint ratio for Freedom Life Insurance was 0.83, slightly better than the national standard complaint index of 1.0. However, the company is not accredited by the Better Business Bureau (BBB). A.M. Best gives the company a financial rating score of A--, which is good but not as high as some of the bigger companies.
Cancelling a Freedom Life Insurance policy is a simple process. Customers can cancel their policy by stopping premium payments, with no formal cancellation forms or fees required. However, it is recommended to contact customer service to confirm the cancellation and avoid any misunderstandings. The Freedom Life Insurance customer service phone number is 800-387-9027, and they provide support Monday through Saturday.
Overall, Freedom Life Insurance receives mixed feedback from customers. While some appreciate the simplicity and affordability of the policies, others desire more comprehensive coverage and additional policy options. The company's customer service ratings also leave room for improvement.
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Freedom Life Insurance: Customer service availability
Freedom Life Insurance is a subsidiary of USHealth Group and offers a single term life insurance plan. This plan is good for 10 years at a time and can be renewed until the age of 70. The cost of a term life policy with Freedom Life Insurance starts at $10 a month and goes up to $50 a month in $5 increments.
Freedom Life Insurance's customer service availability is limited. Customer service is available Monday to Friday from 7:00 a.m. to 7:00 p.m. CT, and on Saturday from 8:00 a.m. until 1:00 p.m. CT. To contact customer support, you can email [email protected] or call 1-866-722-8744.
If you need to cancel your Freedom Life Insurance policy, you can do so by simply stopping your premium payments. There do not appear to be any forms to fill out or cancellation fees. However, it is recommended to contact customer service to confirm the cancellation and avoid any misunderstandings. You can reach customer service by calling 800-387-9027 or through their website or email.
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Freedom Life Insurance: Cost
Freedom Life Insurance Company of America is a subsidiary of USHEALTH Group. It offers a term life policy that is good for 10 years at a time and can be renewed until the age of 70. The cost of a term life policy with Freedom Life Insurance starts at $10 a month and goes up to $50 a month in $5 increments. The premium amount can be chosen by the customer, with options ranging from $10 to $50, increasing by $5 increments. The lower the premium, the lower the coverage will be.
Freedom Life Insurance's term life insurance rates are competitive, with options starting at $10 per month. The premiums increase in affordable $5 increments up to $50 per month, making it easy to choose a plan that fits your budget.
While Freedom Life Insurance offers a straightforward and affordable term life policy, it may not be ideal for those seeking more comprehensive coverage or additional riders. The company only offers one choice for coverage, and it is not available in all states.
If you are considering Freedom Life Insurance, it is important to compare quotes from multiple providers to ensure you are getting the best coverage and rates. Additionally, Freedom Life Insurance's parent company, USHEALTH Group, offers a range of other insurance products, including health, dental, and vision coverage, which can be paired with the Freedom Life Insurance policy.
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Frequently asked questions
You can cancel your Freedom Life Insurance policy by contacting your insurance agent directly. You can also simply stop paying your premiums, as your term insurance plan is only in effect for as long as you pay during your term. However, it is recommended that you contact customer service to confirm the cancellation and avoid any misunderstandings.
No, there do not appear to be any forms to fill out or cancellation fees to pay.
You can contact Freedom Life Insurance customer service by calling 800-387-9027. They provide support from Monday to Saturday. You can also contact customer service through their website or by emailing [email protected].
The customer complaint ratio was 0.83, slightly better than the national standard complaint index of 1.0. The Better Business Bureau rates USHEALTH Group at A+; however, Freedom Life is not accredited with BBB. A.M. Best gives the company a financial rating score of A-, which is good but not as great as some of the bigger companies.
The pros include simple policy choices, coverage available until age 70, and an easy cancellation policy. The cons are that there is only one choice for coverage with no add-ons, and it is not available everywhere.
