Assurity Life Insurance: Is It Worth The Investment?

Assurity Life Insurance Company is an American mutual insurance organization based in Lincoln, Nebraska. It was founded in 2007 as a merger of three Lincoln insurance companies: Woodmen Accident and Life, Security Financial Life, and Lincoln Direct Life. Assurity offers a wide range of insurance products, including life insurance, disability income insurance, critical illness insurance, and worksite solutions. The company has received positive ratings from A.M. Best Company (A-) and the Better Business Bureau (A+), and was named among the best in customer service by Newsweek. With over $2.66 billion in assets under management as of 2021, Assurity is committed to helping people through difficult times by providing affordable and easy-to-understand insurance protection.

Critical Illness Insurance

Assurity is a mutual insurance organisation that provides a wide range of insurance products, including critical illness insurance. Critical illness insurance is designed to help you through difficult times by providing financial protection and support.

Benefits of Critical Illness Insurance:

• Cash benefits: You receive cash benefits directly, providing money to cover any expenses you may have while you are sick. The amount you receive is equal to the amount of insurance you purchase. For example, a $20,000 policy will result in a $20,000 payout.
• Covers common, serious illnesses: Critical illness insurance covers a range of serious illnesses, including invasive cancer, heart attack, stroke, and advanced Alzheimer's Disease.
• Freedom to choose your care: You have the freedom to work with health providers and facilities outside your network and pay for non-traditional or complementary care not covered by typical health insurance plans.
• Simple application and fast coverage: There is no medical exam required for the most common coverage amounts, and coverage starts immediately for most illnesses and procedures.
• No reduction in benefits: There is no reduction in benefits, regardless of your age. The coverage pays the same amount, no matter when you need it.

Assurity also offers group critical illness insurance for employers, with three distinct plans and price points to choose from, plus a unique Prime Benefits plan. This insurance provides a lump-sum benefit to help offset the costs of care and provides the freedom to choose treatment options.

When deciding how much critical illness insurance you need, consider the full price of getting sick. This includes not only medical expenses but also everyday expenses and lost wages if you are unable to work. Even a small policy can make a big difference to a family facing a critical illness.

In conclusion, Assurity's critical illness insurance can provide valuable financial support and peace of mind during a difficult time. It helps to cover expenses and ensures that you can focus on your recovery without the added stress of financial worries.

Financial protection for your family

Assurity is a mutual insurance organization that provides a range of insurance products designed to financially protect you and your family. Rated A- (Excellent) by A.M. Best and with an A+ rating from the Better Business Bureau, Assurity has the financial stability to be there when its customers need it.

One of the key benefits of Assurity's insurance products is the financial protection they offer for your family. Here are some ways in which Assurity's insurance policies can provide financial protection for your loved ones:

• Life insurance: Assurity offers life insurance policies that provide financial security for your family in the event of your death. This ensures that your loved ones receive financial support and can maintain their standard of living even when you're no longer there.
• Critical illness insurance: Assurity's critical illness insurance helps cover the costs associated with serious medical conditions such as cancer, heart attack, stroke, and Alzheimer's. This type of insurance ensures that you have the financial means to focus on recovery without the added stress of financial worries.
• Income protection: Assurity's insurance policies can also provide income protection if you are unable to work due to an injury or illness. This replaces a portion of your regular income, helping you and your family maintain financial stability during difficult times.
• Accidental death insurance: Assurity offers accidental death insurance, which provides financial support to your loved ones in the event of your death due to an accident. This type of insurance ensures that your family receives financial assistance during a challenging time.
• Retirement planning: Assurity allows you to convert the money you contribute into a retirement income that you cannot outlive. This ensures that you have a stable source of income during your retirement years, providing financial security for yourself and your family.

With a commitment to helping people through difficult times, Assurity's insurance products offer comprehensive financial protection for you and your family. Whether it's through life insurance, critical illness coverage, income protection, or retirement planning, Assurity's policies provide stability and peace of mind, ensuring that your loved ones are taken care of financially.

Assurity's financial stability

Assurity is a mutual insurance organization with a long history of financial stability. Since its founding in 1890, Assurity has been committed to helping people through difficult times by providing affordable and accessible insurance protection. As a mutual organization, Assurity is owned by its policyholders and conducts its business to serve their best interests. This means that Assurity is committed to long-term stability and is sheltered from the short-term volatility of the stock market.

Furthermore, Assurity's financial stability is reflected in its ability to provide a diverse range of insurance products designed to financially protect and support individuals and businesses. These products include life insurance, disability income insurance, critical illness insurance, and worksite solutions. Assurity's broad portfolio of insurance products offers peace of mind and financial stability to its customers, helping them through challenging times by replacing lost income, covering unexpected medical costs, and providing retirement income.

Assurity's customer service

Assurity Life Insurance Company (Assurity) is a mutual insurance organisation based in Lincoln, Nebraska, with approximately 400 associates. It was created in 2007 through the merger of three Lincoln insurance companies: Woodmen Accident and Life, Security Financial Life, and Lincoln Direct Life. Assurity is licensed to conduct business across the US, except in New York, where its New York branch operates.

As a mutual organisation, Assurity is founded on the principle of people supporting each other in their moments of need. The company strives to provide affordable and easily accessible insurance protection. Being owned by its policyholders, Assurity conducts its business solely in the best interests of its customers. This commitment to its customers is further demonstrated by its financial stability, which assures customers that the company will be there when they need it.

Assurity's range of insurance products is designed to financially protect and support individuals and their families during difficult times. Their products include life insurance, disability income insurance, critical illness insurance, and worksite solutions. For example, their critical illness insurance offers $25,000 in cash paid directly to the policyholder when facing a serious condition, helping to cover out-of-pocket costs for cancer, heart attack, stroke, and Alzheimer's.

In addition to its customer-centric approach, Assurity also prioritises giving back to its community and practising sustainable habits. The company embraces its capacity to improve lives and believes in using its business as a force for good. This holistic approach to its operations showcases Assurity's dedication to making a positive impact beyond just its insurance services.

Assurity's history

Assurity Life Insurance Company (Assurity) is an American mutual insurance organisation based in Lincoln, Nebraska. The company was created in 2007 following a merger between three Lincoln, Nebraska insurance companies: Woodmen Accident and Life, Security Financial Life, and Lincoln Direct Life.

Woodmen Accident and Life was founded in 1890 as the Modern Woodmen Accident Association. Security Financial Life began in 1895 under the name Security Mutual Life, and Lincoln Direct Life was established in 1896 as The Royal Highlanders.

Assurity has approximately 400 associates and is licensed to conduct business across the US, except in New York. The Assurity Life Insurance Company of New York specifically handles business within New York state.

In 2015, Assurity became a certified B corporation, the largest insurance company to achieve this designation at the time. The company is also rated A- (Excellent) by A.M. Best and has an A+ rating from the Better Business Bureau. As of 2021, Assurity had over $2.66 billion in assets under management.

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