Money Analysed

Protect Your Future: A Comprehensive Guide to United Insurance Company of America

Are you looking for a reliable insurance company you can count on? United Insurance Company of America may be just what you need.

As a subsidiary of Kemper Corporation, United Insurance Company of America has been providing coverage since 1919. In this article, we will learn more about this company, including its history, financial strength ratings, and product offerings.

Company Profile

Established in 1919, United Insurance Company of America has been around for over a century. The company is headquartered in Saint Louis, Missouri, and is a subsidiary of Kemper Corporation.

Kemper Corporation is a diversified insurance company that offers products such as auto, home, and life insurance policies. United Insurance Company of America has consistently received an A (Excellent) rating from AM Best, a global credit rating agency that specializes in the insurance industry.

This rating reflects the companys financial strength and ability to pay its policyholders claims. This rating should provide peace of mind to those considering purchasing a life insurance policy or other coverage from United Insurance Company of America.

Product Offerings

United Insurance Company of America offers a range of insurance products, including life insurance, accident insurance, health insurance, and Medicare supplement plans. Let’s take a closer look at each of these product offerings.

Life Insurance

United Insurance Company of America offers term life insurance policies with a maximum coverage of $300,000. The coverage period can range from 10 to 30 years, and premiums are level for the duration of the policy.

Customers can choose between level term, which pays a fixed benefit throughout the policy term, and decreasing term, which provides a decreasing benefit as the policy term nears its end.

Accident Insurance

Accident insurance is designed to cover expenses related to accidents that may not be covered by health insurance. United Insurance Company of America offers a variety of accident insurance policies that can help cover the costs associated with accidents, such as hospital stays, emergency room visits, and physical therapy.

Health Insurance

United Insurance Company of America offers a range of health insurance plans, including individual and family plans, as well as short-term health insurance plans. Customers can choose from a variety of deductibles and co-insurance options to find a plan that works best for their needs.

Medicare Supplement Plans

United Insurance Company of America provides Medicare supplement plans that help cover out-of-pocket expenses related to Medicare, such as deductibles, copays, and coinsurance. These plans are designed to help individuals and families manage their healthcare costs and ensure that they have access to the care they need.

Conclusion

United Insurance Company of America is a strong and reliable insurance company that offers a variety of products to meet the needs of its customers. Whether you are looking for life insurance, accident insurance, health insurance, or Medicare supplement plans, United Insurance Company of America has got you covered.

With over 100 years of experience and an A (Excellent) rating from AM Best, this company is a safe choice for anyone in need of insurance coverage.

Insurance Products

United Insurance Company of America offers a wide range of insurance products to help protect individuals and their families. Whether you are looking for whole life insurance, term life insurance, accidental death and dismemberment policies, or Medicare supplement plans, United Insurance Company of America has something to offer.

Whole

Life Insurance

Whole life insurance is a type of lifetime insurance coverage that provides both a death benefit and a cash value component. Unlike term life insurance, which only provides coverage for a specific period of time, whole life insurance provides coverage for the life of the policyholder.

One of the benefits of whole life insurance is that it offers fixed premiums, meaning that the premium amount will remain the same throughout the life of the policy. Additionally, it provides a guaranteed minimum return on the cash value component of the policy, which can help policyholders build up cash value over time.

United Insurance Company of America also offers limited pay whole life policies, which allow policyholders to only pay premiums for a certain period of time (typically 10 or 20 years) while still receiving lifetime coverage. Term

Life Insurance

Term life insurance is designed to provide protection for a specific financial obligation or a certain period of time.

United Insurance Company of America offers term life insurance policies with terms of 10, 20, or 30 years. Policyholders can choose the coverage amount and the length of the term that best meets their needs.

Like whole life insurance, term life insurance also offers fixed premiums, which means that the premium amount will not change during the term of the policy. This allows customers to budget their expenses more effectively.

Accidental Death and Dismemberment Policy

Details of United Insurance Company of America’s accidental death and dismemberment policy are not available online. Interested customers should contact a local agent to learn more about this type of coverage.

Medicare Supplement Plans

Medicare supplement plans are designed to cover health needs that Medicare does not. United Insurance Company of America offers a range of Medicare supplement plans that can help individuals and families manage their healthcare costs.

One of the benefits of United Insurance Company of America’s Medicare supplement plans is that they are renewable for life, which means that policyholders do not have to worry about losing their coverage as they get older. Additionally, the plans are available for non-smokers, which may be an appealing option for those looking to reduce their healthcare costs.

How it Works

Insurance Sales

United Insurance Company of America’s insurance products are sold through a network of agents. Interested customers can apply for a policy by contacting an insurance agency or finding an agent online.

Online Tools

While United Insurance Company of America does offer some online tools to help manage policies, they are somewhat limited. Customers can view their policy information online, but claims must be submitted by email or regular mail.

Customer Service

If a customer needs assistance with their policy, they can call United Insurance Company of America’s customer service line to speak with an agent. Additionally, local district offices are available in some states, providing in-person support for customers who need it.

Conclusion

United Insurance Company of America offers a variety of insurance products designed to meet the needs of individuals and families. Whether you are looking for whole life insurance, term life insurance, accidental death and dismemberment policies, or Medicare supplement plans, United Insurance Company of America has something to offer.

By working with a network of agents and providing top-notch customer service, this company is committed to helping its customers find the insurance coverage they need to protect themselves and their loved ones.

Customer Reviews

United Insurance Company of America has received an A (Excellent) rating from AM Best, indicating that the company has a strong financial standing and the ability to pay claims. However, the company has also received negative reviews and a high number of complaints from customers.

According to the Better Business Bureau (BBB), United Insurance Company of America has an overall rating of 2.6 out of 5 stars based on customer reviews. Many of the negative reviews mention difficulties with claims processing and poor customer service.

The company has also received a high number of complaints with the National Association of Insurance Commissioners (NAIC), further indicating customer dissatisfaction. It’s important to note that negative reviews and complaints are not uncommon for insurance companies.

However, customers should take note of this feedback and consider it when making decisions about their insurance coverage.

How to Contact

If you need to contact United Insurance Company of America, there are several options available to you. The company can be reached by phone, email, or mail.

Phone Number: Customers can contact United Insurance Company of America by calling their customer service line at 1-866-468-2311. They offer assistance from 7 am to 6 pm (CST) Monday through Friday.

Email: If you prefer to email United Insurance Company of America, you can send an email to their customer service department at [email protected]. Home Office Address: If you need to contact the company by mail, you can send correspondence to their home office at the following address: United Insurance Company of America, 1299 Farnam St. Suite 2000, Omaha, NE, 68102.

Filing an Insurance Claim

If you need to file an insurance claim with United Insurance Company of America, the process is relatively straightforward. Customers will need to complete a claim form and submit it to the company by email or regular mail.

To file a claim, customers will need to provide information such as their policy number, the type of claim being filed, and the date of the incident. Additional documentation, such as medical records or police reports, may be required depending on the type of claim being filed.

Once the claim has been submitted, United Insurance Company of America will review the information and contact the customer if additional documentation or information is needed. They will also provide an estimate of the claim amount and the expected payout timeline.

Conclusion

While United Insurance Company of America has received mixed reviews and complaints from customers, it is important to note that they have a strong financial standing and offer a variety of insurance products. Customers who decide to move forward with United Insurance Company of America should be aware of the potential issues and take steps to address any concerns they have before finalizing their policy.

Through the various contact methods available, such as phone, email, and mail, customers can reach out for assistance and file claims with relative ease.

FAQs

United Insurance Company of America is a legitimate company with a long history of providing insurance solutions to individuals and families. They offer a range of insurance products, including whole life, term life, accident, and Medicare supplement plans.

Kemper Corporation, the parent company of United Insurance Company of America, is one of the largest 100 insurance companies in the United States. They have received an A (Excellent) rating from AM Best and offer a diverse range of insurance products.

However, they have also received a high number of complaints with the National Association of Insurance Commissioners (NAIC), indicating customer dissatisfaction. If you are interested in getting started with United Insurance Company of America, you can call their customer service line or find a local district office to schedule a consultation.

This will allow you to learn more about the insurance options available to you and make an informed decision about the policy that best fits your needs.

Comparison Shopping

While United Insurance Company of America may be a good option for some customers, it is important to explore other companies and compare quotes before making a final decision. This will help you find the most affordable and comprehensive coverage for your needs.

There are many reputable insurance companies that offer comparable products and services to United Insurance Company of America. Some of the best life insurance companies, as determined by customer satisfaction and financial strength ratings, include New York Life, Northwestern Mutual, and Mutual of Omaha.

Conclusion

United Insurance Company of America is a financially strong insurance company with a long history of providing coverage to individuals and families. While they have received concerning reviews and complaints from customers, they continue to offer a range of insurance products, including whole life, term life, accident, and Medicare supplement plans.

As with any major financial decision, it is important to compare policy options from multiple companies before committing to a policy. By exploring other insurance companies and comparing quotes, you can find the coverage that best fits your needs and budget.

In conclusion, United Insurance Company of America is a long-standing, financially-strong insurance company backed by the reputable Kemper Corporation. While United Insurance Company has received negative reviews and complaints from customers, they offer a range of insurance products, including whole life, term life, accident, and Medicare supplement plans.

It’s important to carefully consider your options and compare quotes before committing to any insurance policy. By exploring other insurance companies, you can find the coverage that suits your needs and budget.

Remember to take into account customer feedback and financial ratings when making a decision.

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