Freedom Life Insurance: Marketplace Approved?

Freedom Life Insurance Company of America is a subsidiary of USHEALTH Group and 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 Company starts at $10 a month and goes up to $50 a month in $5 increments. Freedom Life Insurance is not available in all 50 states. You are not eligible for coverage if you live in Connecticut, Hawaii, Massachusetts, New Hampshire, New York, Rhode Island, Vermont, or Puerto Rico. Freedom Life Insurance is not ACA-compliant.

Freedom Life Insurance Company of America is a subsidiary of USHEALTH Group

USHEALTH Group, through Freedom Life Insurance and National Foundation Life Insurance, offers innovative life, specified disease/sickness, accident, and disability insurance solutions. The company serves self-employed individuals, families, business owners, and their employees.

Freedom Life Insurance offers accident, health, credit, and annuity products related to life insurance policies. The company provides a term life policy called LifeProtector, which is good for 10 years at a time and can be renewed until the age of 70. The cost of this policy starts at $10 a month and goes up to $50 a month in $5 increments.

USHEALTH Group has a broad reach, with agents across 33 states and over 50 years of collective industry experience. The company emphasizes tailoring health coverage to the specific needs of its customers, offering flexible solutions and secure insurance plans.

Freedom Life offers a term life policy that is good for 10 years at a time and can be renewed until age 70

Freedom Life Insurance Company of America is a subsidiary of USHEALTH Group. Freedom Life offers a term life policy called LifeProtector, which is good for 10 years at a time and can be renewed until the age of 70. The policy starts at $10 a month and goes up to $50 a month in $5 increments.

Life insurance is a crucial aspect of financial planning, providing peace of mind and security for individuals and their loved ones. By investing in a term life policy, policyholders can ensure their families are protected in the event of their death. This type of policy offers coverage for a specified period, typically ranging from 10 to 30 years, and is often chosen by individuals seeking affordable premiums and flexible coverage.

The LifeProtector plan offered by Freedom Life Insurance falls within this category, providing coverage for 10 years with the option to renew until the policyholder reaches the age of 70. This plan is ideal for those seeking straightforward coverage without the complexity of additional riders or options. The simplicity of the LifeProtector plan makes it a viable choice for individuals who want a no-frills approach to life insurance.

However, it is important to note that Freedom Life Insurance has received mixed reviews when it comes to customer service. While some customers appreciate the ease of cancellation and straightforward policy choices, others have expressed a desire for more comprehensive coverage options and add-ons. It is always advisable to shop around and compare quotes from different providers to find the best coverage at the most competitive price.

Additionally, Freedom Life Insurance is not available in all 50 states. Individuals residing in Connecticut, Hawaii, Massachusetts, New Hampshire, New York, Rhode Island, Vermont, or Puerto Rico are not eligible for coverage. Therefore, it is essential to verify the availability of Freedom Life Insurance in your state before considering their term life policy.

Freedom Life's customer service ratings are poor

Freedom Life Insurance Company of America is a subsidiary of USHEALTH Group and offers a term life policy that is good for 10 years at a time and can be renewed until the age of 70. The company has only one plan, so if you are looking for complete coverage, this might not be the best option. Freedom Life's customer service ratings are poor, despite its good financial ratings.

The company's customer complaint ratio was 0.83, which is slightly better than the national standard complaint index of 1.0. However, it is not accredited with the Better Business Bureau (BBB), although its parent company, USHEALTH Group, is rated A+ by the BBB.

A former US Health agent commented that Freedom Life plans are not actually guaranteed renewable. They stated that if the plan is used, the customer's only option will be to switch to an ACA broker and get on the marketplace. Another user commented that Freedom Life is a health indemnity plan and that customers might have to pay big chunks out of pocket past what they're willing to pay on claims.

Despite the poor customer service ratings, Freedom Life's plans are affordable, with premiums starting at $10 per month and increasing in $5 increments up to $50 per month. The cancellation policy is also simple, as customers can cancel their policy by stopping premium payments without any forms or cancellation fees.

Freedom Life's parent company, USHEALTH Group, offers a variety of medical, dental, and vision coverages

Freedom Life Insurance Company of America is a subsidiary of USHEALTH Group, which offers a wide range of medical, dental, and vision insurance coverages. USHEALTH Group provides customers with flexible and reliable insurance plans, allowing them to tailor their health coverage according to their specific needs. The company has over 50 years of collective insurance experience and serves customers across 33 states.

USHEALTH Group's medical coverage includes options for individuals on limited budgets as well as those seeking additional benefits. Their plans provide 24-hour coverage, on or off the job, and also include quality coverage for critical illnesses. They also offer wellness and health screening benefits, with three plans to choose from.

In terms of dental care, USHEALTH Group provides coverage for preventative, basic, and major dental services. Orthodontic care is also available. The company offers an extensive network of over 100,000 access points for dental care.

For vision insurance, USHEALTH Group covers comprehensive eye exams, corrective lenses, and contact lenses. They also provide an annual allowance towards frames.

USHEALTH Group's insurance plans are designed to be flexible and customizable, ensuring that customers can find a package that suits their unique needs. The company emphasizes that a 'one size fits all' approach is not always the best solution. Their plans are tailored to meet the specific requirements of individuals and their families.

With a focus on innovation and a stellar service reputation, USHEALTH Group has been recognized with multiple awards, including the Gold Stevie Award for four consecutive years. The company is committed to helping customers navigate the complex world of health insurance and find the coverage that best suits their needs.

Freedom Life is not ACA-compliant

Freedom Life Insurance is not ACA-compliant. This means that their plans do not adhere to the standards and regulations set by the Affordable Care Act (ACA). As a result, their policies may not provide comprehensive coverage, and there could be significant gaps in the benefits offered.

One of the main issues with Freedom Life Insurance is that they offer limited benefits and high out-of-pocket costs. For example, their plans may only cover doctor's visits, hospital stays, and other specific events, leaving individuals vulnerable to unexpected expenses. In the event of a catastrophic incident, policyholders might have to pay large sums out of their own pockets, as Freedom Life's coverage may not be sufficient.

Furthermore, Freedom Life's plans are not guaranteed renewable, which means that the company can choose to drop policyholders at any time, leaving them without insurance. This is a significant concern, especially for those with pre-existing conditions who may struggle to find alternative coverage.

The company also has a history of misleading sales tactics, with agents allegedly pitching their plans as ACA-compliant when they are not. This has led to confusion and frustration among customers, who later realize that their coverage is not what they expected.

In addition, Freedom Life's customer service has been described as poor, and their plans lack flexibility, with no add-ons or riders available. This means that policyholders cannot customize their coverage to suit their specific needs, which can be problematic for those with unique health requirements.

Finally, Freedom Life Insurance is not available in all states, further limiting its accessibility and convenience.

Overall, Freedom Life Insurance's non-compliance with ACA standards leaves its policyholders at risk of insufficient coverage and unexpected costs. It is essential for individuals to carefully review their insurance options and understand the limitations of non-ACA-compliant plans before making a decision.

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