Combined Insurance Company of America offer supplemental insurance policies for purchase by individuals. Supplemental insurance is intended to supplement a primary plan and is not a substitute for primary health or life insurance coverage. The policies offered by Combined Insurance could be purchased as additional protection in combination with the sort of primary plans offered by Aetna.

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Health Insurance

Both companies offer health insurance but Aetna offers major medical coverage while Combined Insurance only offers supplemental medical insurance. You can only get Aetna’s health insurance through a participating employer, so ask your benefits manager to see if you are eligible. Aetna has lot of different plans for eligible individuals and families. Some of the advantages of Aetna’s health insurance are:

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AFLAC Insurance

AFLAC offers supplemental insurance to people to protect against injury or illness. AFLAC describes its services not as health insurance, but insurance for daily living. AFLAC pays its subscribers cash benefits to help pay with expenses such as car payments, therapy and utility bills that regular health insurance does not cover. The cash benefits offered by AFLAC are paid to the subscriber even if the subscriber maintains a separate health insurance policy with another company.

Types of AFLAC Policies

AFLAC offers individual policies that include:

• Accident
• Cancer and Specified Diseases
• Critical Care and Recovery
• Dental
• Hospital Confinement Indemnity
• Hospital Intensive Care
• Juvenile Life
• Life
• Lump Sum Cancer and Lump Sum Critical Illness
• Short Term Disability
• Vision

Accident

In the event that a covered member is involved in a qualified accident, AFLAC pays cash benefits.

Cancer and Specified Diseases

Individuals may purchase specific coverage that will pay cash benefits if the covered member is diagnosed with that specific illness.

Critical Care and Recovery

In the event of a major illness such as a heart attack, benefits are paid to cover related expenses not covered by medical insurance.

Dental

Individuals may purchase dental insurance coverage for routine exams, services such as fillings and root canals and restorative care such as crowns.

Hospital Confinement Indemnity

In the event that a member is hospitalized, this coverage provides benefits that assist with the associated expenses.

Hospital Intensive Care

Hospitalization in the intensive care unit costs many thousands of dollars per day, and this coverage assists with the costs not covered by traditional insurance plans.

Juvenile Life

Parents and guardians may purchase juvenile life insurance to assist with the loss of life expenses of an infant or child, including funeral and burial expenses.

Life

Individuals may purchase adult life insurance which provides survivors with a cash benefit to live on and cover the cost of funeral and burial services.

Lump Sum Cancer and Lump Sum Critical Illness

In the event that a subscriber is diagnosed with cancer or a critical illness, the member is provided with a predetermined cash benefit that may be used to assist with end of life care.

Short Term Disability

In the event that the subscriber must go without pay due to an illness or injury, this coverage replaces lost income.

Vision

AFLAC vision coverage provides benefits for preventive examinations and treatment of diseases of the eyes.

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Humana Insurance

Compared to AFLAC, Humana is a traditional insurance company that provides specified benefits for covered services, illnesses and injuries. This coverage is paid directly to the provider, and no cash benefits are paid to subscribers.

Types of Humana Insurance Company Policies
Humana Insurance Company offers a variety of policies for consumers, including:

• Humana Medicare
• Humana for individuals
• Humana through employers

Humana does not offer insurance coverage in all states. Consumers located in New York, California, or New Mexico are not able to apply for Humana coverage. Not all Humana options are available in each geographic area served by Humana. Consumers must search by their state of residence to determine which policies are available to them.

Humana Medicare

Under Humana Medicare policies, consumers may choose from coverage to complement their Medicare insurance. Options include:

•  Medicare Supplement Insurance Plans for Plan A, B, C, F, G, K, L and N.
• Prescription Coverage, depending on geographic area, includes three options for Medicare Part D. These are stand alone prescription drug programs separate from Medicare prescription drug coverage. These plans include Humana Walmart-Preferred Rx Plan (PDP), Humana Enhanced (PDP) and Humana Complete (PDP).
• Medicare Advantage Plans under Humana include Humana Gold Choice (PFFS), which allows for flexibility in choice of medical provider, Humana Gold Plus (HMO) which requires that members select a provider from a network and HumanaChoice(PPO), which allows for some flexibility while keeping costs affordable.

Humana for Individuals

Individuals may purchase Humana insurance plans for medical, dental and vision coverage. Humana also offers prescription drug coverage to individuals, including mail order prescriptions. Coverage is available for individuals as well as families.

Types of plans include:

• Copay Plans: These policies require a copay for sick visits and injury-related office visits, and members must select an in-network doctor. This plan also includes coverage for preventive services like annual physical exams and tests. Deductibles and coinsurance options vary, and members can select the best option for their budget.
• 100% After Deductible Plans: These plans pay for most types of medical expenses so long as the provider is in-network. Covered medical services include sick visits and injury-related office visits, which are paid at 100% after meeting the annual individual deductible.
• Health Savings Account Plans: These plans cover federally approved medical services and are often referred to as high deductible plans. Health Savings Account Plans can be used to pay qualified medical expenses such as doctor’s fees and to budget for future medical care expenses.
• Short Term Medical Plans: During temporary periods when a consumer finds himself without medical coverage, short term medical plans provide protection and coverage for unexpected medical emergencies, illnesses and injuries.

Humana Insurance Through Employers

Employees may receive Humana insurance as a benefit form their employer or by paying Humana directly but via group discounts. Types of Humana insurance through employers include:

• Medical Plans: Medical plans offered by employers include a variety of copay, deductible and health savings account plans.
• Health Savings Accounts: Both employers and employees may contribute funds into a health savings account, which the employee may use to pay for qualified medical and prescription drug expenses.
• Dental Insurance: Humana offers dental insurance for emergency and preventive oral care.
• Vision Care: Through employers, Humana provides vision care including eye exams, screening for diseases of the eye and corrective lenses.
• Disability and Life Insurance: Employees may elect to purchase disability and life insurance coverage to protect against the loss of income.

Making a Choice

Humana offers traditional insurance packages for consumers to purchase for individual or family coverage. AFLAC is not a traditional health insurance company, but provides cash benefits under certain circumstances. Weigh out your coverage needs, budget and the benefits of each company, and select the company that provides the best policy for you.

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Aetna Life Insurance and Federated Life Insurance are two very similar insurance companies that offer nearly the same basic life insurance policies at about the same price. But, does that mean that everything about these companies is the same? As we delve into the specifics, you will find that these companies offer different services and lean towards different customers. Both are very good, but it matters what type of service you are looking for with your life insurance.

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Individual Vs. Business Policyholders

Some life insurance companies sell policies directly to individuals. In the case of Federated and Aetna Life Insurance, both only sell to businesses as business insurance group policies. Individuals can receive plans through their employers, but neither sell directly to individuals.

Basic Life Insurance Policies

As far as basic life insurance is concerned, both of these businesses are basically tied. They can offer similarly sized policies at about the same price. They both also offer group policies for businesses. In this aspect there is really nothing to say between the two, because they are so evenly matched.

Firm Size

Aetna and Federated Life Insurance are very different in size. Federated employs about 2,700 people, while Aetna employs 10 times as many, or 27,000. However, both have been shown to equally serve their clients, and their life insurance policies are offered in most states.

Aetna Special Life Insurance Benefits

Aetna and Federated Life Insurance differ greatly when you look into the special benefits you get as a policyholder.

With Aetna, they concentrate on helping you now, before you or the policyholder passes away. Due to this, they offer “living benefits.” These give you access to legal and financial counseling if the need arises. You can choose to increase the amount of supplemental counseling and insurance you can get, but this increases the price of the life insurance policy.

They also stress extra benefits after the policyholder is deceased. When someone passes away, a lot of work is needed, and there may need to be medical case management or other similar services. Aetna bundles this in with their life insurance policy.

Another benefit they offer is to help pay for bereavement counseling, and legal advice if there are any problems with the will or other similar issues.

Federated Special Life Insurance Benefits

While Aetna focuses more on people and the living, Federated offers special benefits that are more business like in nature. Federated understands that people are taking out life insurance policies because there will not be enough money for spouses or businesses to function once the policyholder passes on.

Due to this, Federated Life Insurance helps the policyholder calculate the exact amount of life insurance needed to fulfill these requirements. They will go over the person’s financial and business records, looking at costs and needs.

Not only that, but they focus on the long term, making sure that the business or individuals left behind will have enough money for years to come after the policyholder passes away.

They specialized in personal, business, disability and retirement life insurance needs and assessments.

While they do not offer any living benefits, they are more comprehensive in helping you select the right policy size.

Parent Company

Both Aetna Life Insurance and Federated Life Insurance are owned by a parent company, Aetna and Federated Insurance respectively. The parent companies offer other insurance types that you can bundle with your life insurance to decrease the overall costs.

Federated Insurance is skewed more towards business owners and group policies. They also have property, auto (for Minnesota only) and certain types of liability insurance, such as professional and environmental liability insurance.

Aetna focuses more on health insurance. You can get medical, dental, vision, pharmacy and other similar health insurance policies that help cover costs. However, they lack auto and liability insurances.

If you are a business trying to get group policies, or you need liability insurance, then Federated can be much better. However, if you want to bundle your life and medical insurance, then Aetna will be your company.

Federated Life Insurance Audience

Federated Life Insurance is a company that caters more towards businesses and business-minded people. The type of people that like Federated know that either a person or business will be left behind after the policyholder passes away.

Since the policyholder does not want the person to suffer without any money, or he or she wants the business to continue to live on, this person will appreciate how Federated pays special attention to the holder’s financial situation, ensuring that everyone gets the money they need.

Aetna Life Insurance Audience

Aetna caters towards businesses and individuals that know death is just one part of life, but that life is going on right now. These people need benefits that help them while they are alive, just as much as it will help family members when the pass away.

With their living benefits, these people will enjoy the benefit of being able to get certain types of legal and financial counseling. Not only that, but Aetna has a softer touch when the policyholder does pass away by helping those left behind deal with the pain of loss.

The Winner

The winner between the two really matter on what you are looking for with your life insurance company, as both cater well to their respective clients.

If you are business-minded, Federated Life Insurance may be best for you. If you want benefits now, and if you want your family members to receive help after you are gone, Aetna Life Insurance may be your best pick.

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Aetna Insurance Group

Insurance giant Aetna offers a broad range of insurance related products for individuals and families across the lifespan. However, Aetna insurance products are available only through employer provided insurance plans, and plan availability and cost depend largely on an individual’s position and salary within an organization.

Aetna’s Insurance options include:

Life Insurance

Basic Term Life offers life insurance for a specified term of time, such as five, ten or twenty years. Rates vary depending on age and the term and amount of coverage specified, and limitations may exist based on an individual’s earnings or job classification. Additional benefits can be purchased separately through a Supplemental Benefits plan, if available through the employer’s insurance program.

Supplemental Term Life Insurance

As the name implies, Supplemental Term Life plans offer coverage beyond the Basic Term Life plan. Individuals purchasing this plan to supplement the basic plan may specify the amount of coverage desired and the term of coverage. Since Aetna life insurance plans are available only through the workplace, the availability of Supplemental Term Life plans depends on the employer’s insurance program, and may be limited to certain employees.

Supplemental Term Life plans may include other options such as Accidental Death and Personal Loss, a Conversion policy, or a Premium Waiver.

Accidental Death and Personal Loss (AD&PL) Insurance

AD&PL plans cover disability and loss related to accidents. A cash payment is paid out to those suffering a serious injury such as paralysis, 3rd degree burns, loss of vision, hearing or speech, or the loss of a limb. Coverage is also provided for accident-related disappearances and permanent disabilities. Additional options available within this plan include:

• Child Care Benefits, covering the cost of child care in the event of the death or disability of a covered parent;
• An Education option, providing for educational support to children of a deceased policyholder;
• Passenger Restraint or Airbag Benefit, available in the event restraints or airbags fail to save a life or prevent injury;
• Repatriation Benefits, covering the return of remains and funeral expenses if a covered individual dies more than 200 miles from home;
• Coma Benefits, if a covered individual remains in a coma for more than 30 days.

Dependent Life Insurance

Aetna offers life insurance coverage for dependents of employees. Choices include both Basic and Supplemental coverage, and Accidental Death and Personal Loss for each child or other dependent in the plan.

Additional Policy Options

In addition to the main plan choices, Aetna also offers additional options for continued coverage and support during illness and accidents:

• A Conversion option, which allows an individual to continue a policy after leaving the job, provided premium payments are continued within 31 days of termination. Coverage can also be converted to a standard Whole Life Insurance policy, in which premiums are paid for the duration of an individual’s life.
• A Premium Waiver Provision, which suspends the payment of premiums for the duration of a covered disability or illness;
• An Accelerated Death Benefit, which allows terminally ill policyholders to request an ADB payout for themselves or their spouses.

In addition to its life insurance plans, Aetna also offers a variety of employment based plans for health and wellness, including:

• Disability Insurance
• Pharmacy Plans
• Behavioral Health Services
• Health Expense Funds, such as a Health Savings Account, Health Reimbursement, and Flexible Spending Accounts for health related expenses.

Other specialized products offered by Aetna include the choice of two plans for dental care: the Dental Maintenance Organization — a low-cost insurance option for dental services, and a Preferred Provider Program, or PPO, for more coverage.

In addition, Aetna offers student health coverage for enrolled students at home and abroad. This plan, while available for individual purchase, comes only through established college or university health programs.

CUNA Mutual Insurance Group

CUNA Mutual Insurance Group offers a variety of insurance plans focused on life insurance, long term care and investments. However, this group, originally known as CUNA Mutual Insurance Society, works primarily with credit unions nationwide to provide life insurance products and investment services to credit union members. Although individuals can purchase insurance through CUNA Mutual, they must be members of a participating credit union to do so.

CUNA Mutual offers:

Term Life Insurance

Term Life Insurance policies provide coverage for specified time periods and can be purchased by any credit union member regardless of age. These plans offer two types of death benefits, Level and Decreasing.

• Level Death Benefits remain the same throughout the duration of the policy;
• Decreasing Death Benefits insure a declining debt such as a mortgage, and decrease over the term specified.

Whole Life Insurance

Whole Life Insurance is available for any member and offers coverage for an individual’s entire life. The policy accumulates cash value, available for loans or withdrawals, and offers not only a future source of money, but also protection of financial assets in the event of a crisis.

Variable Universal Life Insurance

Variable Universal Life Insurance combines life insurance with investment components, with possibilities for higher returns that can increase or decrease the death benefit based on the movement of invested funds.

Long Term Care Insurance

In keeping with CUNA’s focus on end of life financial care, CUNA’s Long Term Care Insurance insures financial support for nursing home or assisted living. Policies can be purchased at any time, with benefits applicable to future caregiving needs.

Aetna and CUNA: Meeting Different Needs in the Insurance Marketplace

While Aetna’s plans are workplace-based and CUNA provides policies to the memberships of participating credit unions, both these institutions offer a variety of plans to support financial stability in the event of crisis. Don’t get caught off guard without the proper insurance coverage. Save money and time by comparing rates online. Enter your zip code below to start comparing the best rates available!

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Aetna:

Aetna is a health insurance company. This means the company specializes in contracting with healthcare providers to garner lower prices for its members, then Aetna pays a percentage of the costs. The nature of health insurance involves the patient paying for an out of pocket percentage of their health care and a deductible amount that is constant. Aetna provides three kinds of policies:

1. HMO

An HMO or Health Maintenance Organization requires the insured individual to select a primary care physician from an available list. Seeing this doctor becomes less expensive out of pocket than going to any other doctor. An HMO also offers reduced costs to see doctors and make use of other medical services when the provider is within the network.

However, this lower cost comes with a drawback. With an HMO, the insured individual has to see medical providers within the network of approved caregivers. If the insured person does not go to such a provider, there is no guarantee Aetna will cover any part of the procedure’s cost. This risk means that when a member of Aetna’s HMO goes to an unusual healthcare provider, it is wise to see if that provider is under the network first.

Another drawback to using an HMO plan is that the insured person’s primary care physician is primarily responsible for coordinating the health care their patient receives. This means that under most circumstances, the primary care physician refers the patient to any additional labs, specialists or other caregivers the patient may need. Going outside of the referral system either requires the patient to pay more out of pocket or to pay for the entire expense out of pocket.

2. PPO

A PPO or Preferred Provider Organization offers a greater level of freedom than an HMO does. However, the costs tend to be higher on the whole for members of a PPO. With a PPO, the insured person does not need to select a primary care physician. Also, the number of approved healthcare service providers tends to be far larger. Unlike in an HMO, there is little need for the patient to visit healthcare providers their primary care physician refers them to.

However, the amount the patient has to pay is higher on the whole. While there is more flexibility to see different doctors and make use of different medical providers, Aetna pays a smaller percentage of the total cost the patient incurs. In many cases, under non-emergency circumstances Aetna is not required to pay for any part of medical services received from a healthcare provider that is not in the network.

3. Managed Choice Plan

Traditionally, HMOs and PPOs shared health care coverage more or less equally. However, Aetna decided to merge the two types of health insurance into a plan that provides more options to people who do not want to make a difficult long-term decision about which kind of health insurance policy they want. Through the Managed Choice Plan, Aetna-insured individuals may choose their providers with more freedom and generally lower costs.

The advantage to the Managed Choice Plan is that it allows the insured person to visit a wide variety of healthcare providers without losing the benefit of coverage. However, if the insured person visits a medical provider that is not in Aetna’s network, there will be a higher out of pocket charge. However, Aetna will still pay for a portion of the provider’s charge.

Preventive and Hospital Care Insurance

There are other plans Aetna offers for general wellness and emergency services. These plans are designed for individuals who wish to keep their monthly premiums more reasonable but who want to make sure they have adequate coverage when they are sick or injured. These types of plans also cover routine exams such as well child exams and annual visits to one’s doctor.

Aetna understands that even healthy individuals should visit their primary care doctor on a regular basis. As such, preventive policies allow the insured individual to see their primary care physician an average of once per year. Under circumstances such as the discovery of a problem or for additional testing, these plans also cover extra visits.

Hospital care policies are for generally healthy people who acknowledge that they are not indestructible. When an otherwise healthy individual is injured in an accident or suffers from a serious ailment, they may need outpatient surgery or to stay in the hospital for a time. This type of coverage is specifically designed to prevent the patient from having to shoulder a massive financial burden on their own.

Homesteaders Life Company:

Homesteaders Life is a company which offers life insurance in various forms. The three main types of policies it offers are pre-arrangement insurance with a funeral home, term life insurance and whole life insurance.

1. Pre-arranged Funeral Insurance

Funerals are a very personal time. While funeral services are intended for the comfort of the living instead of for the dead person’s benefit, often an older individual wants to have some say in how their loved ones will say goodbye to them. Through pre-arranging services with a funeral home, final expenses stop being an issue. The funeral home agrees to a set amount of payment in exchange for a specified type of service to be performed later on.

2. Term Life Insurance

Homesteaders Life offers term life policies. Term life insurance is an insurance policy that pays out cash to the insured person’s beneficiaries upon the insured person’s death. The benefit of a term life policy is that it requires lower monthly premiums, which makes the policy more affordable. The downside of a term life policy is that it has no cash value.

3. Whole Life Insurance

Homesteaders Life also offers whole life policies. A whole life insurance policy is a bit like a forced savings account. Through paying the premium until interest on the cash value becomes enough to pay the premium, an insured person gains a cash account that he or she can borrow from during bad financial times.

In Short

There are many kinds of insurance a responsible person should own. Through carefully reviewing what is available from companies like Aetna and Homesteaders Life, one can make informed decisions that will benefit them and their families during trying times. With adequate insurance coverage, many of life’s most difficult situations will not cause the financial devastation that could otherwise occur.

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About AFLAC

American Life Assurance Company (AFLAC) is a supplemental insurance company operating since 1955. Offering multiple life, accident, and health insurance plans, AFLAC consistently ranks among Fortune magazine’s list of “The 100 Best Companies to Work For in America.”

Financial Ratings

Three independent rating companies have evaluated both companies on their financial strength and likelihood of survival as follows: 

•  A.M. Best: NYLIC = A++ | AFLAC = A+
• Fitch: NYLIC = AAA | AFLAC = A+
• Moody’s: NYLIC = Aaa | AFLAC = Aa2

Types of Insurance NYLIC Offers:

• Term Life
• Whole Life
• Universal Life
• Variable Universal Life
• Long-Term Care

Types of Insurance AFLAC Offers:

• Accident
• Short-Term Disability
• Cancer/Specified Disease
• Hospital Confinement Indemnity
• Specified Health Event
• Hospital Intensive Care
• Dental
• Life
• Hospital Confinement Sickness Indemnity
• Vision

Who Is Insurable by NYLIC and AFLAC?

Both companies offer individual and group insurance policies. Eligibility and conditions for each policy vary.

Determining Who is Best

NYLIC and AFLAC have agents who will meet and service clients’ needs. Professionals meet with potential policy holders and evaluate what is best for them based upon their needs and financial status. Both companies pride themselves on their extensive list of options, making it essential to meet with an agent for clarity and an understanding of all the opportunities that are available.

Basic Overview of NYLIC Policy Options

• Term Life Insurance: Offered at different coverage levels over an amount of time (usually 5, 10, 15, or 20 years), term life insurance will pay benefits to a beneficiary if a policy holder dies during that time. Premiums are predetermined and may not fluctuate, however, clients maintain the option to renew or change a policy once the time period has passed.

• Whole Life Insurance: As a lifetime benefit, policy holders typically pay a slightly higher premium over the course of the policy. However, rates won’t fluctuate as they may with term life policies. Cash value may draw dividends and may be taken out for particular situations, such as buying a house or paying for a child’s college tuition.

• Universal Life Insurance: A more flexible form of insurance, policy holders may adjust payments over time as long as they make the required minimum payment. Extra money applied to the account may grow tax-deferred. This extra cash may be taken out or used to increase benefit awards.

• Variable Life Insurance: Variable life insurance is best suited for those individuals wishing to ensure death benefits while also allowing their investment to draw profits. These accounts are subject to market risk and allow an individual to borrow funds under certain criteria.

Basic Overview of AFLAC Policy Options

• Accident: Available for individual or family coverage, this benefit will compensate policy holders a set fee for any medical visit that occurred due to an incident deemed an accident. Amounts paid depend upon the type of treatment and nature of the injury.

• Short-Term Disability: Should an injury or medical condition result in short-term disability, AFLAC will pay a monthly benefit directly to the individual, regardless of whether they have medical insurance or other coverage. Based upon their income, an employee will have a portion of their wages taken out each month. Employees will have the option to renew or cancel the plan annually.

• Cancer/Specified Disease and Specified Health Event: Both plans pay a set fee to a policy holder should a specific health condition occur during the time of their coverage. These conditions include, but are not limited to: cancer, organ failure, transplants, heart attack, stroke, third-degree burns, coma, and paralysis. As with the accident policy, the treatment and extent of the condition will determine what benefits are received.

• Hospital Confinement Indemnity, Hospital Intensive Care, and Hospital Confinement Sickness Indemnity: Should a policy holder become confined to a hospital or Intensive Care Unit, these plans would pay a set benefit amount based on the duration and treatment administered while in the hospital. Compensation for physician visits, rehabilitation and diagnostic exams are available among the three plans.

• Dental: Both uninsured and insured dental patients will receive a set amount of money based upon various procedures and ailments associated with dental care.

• Life: Offering a 10, 20, or 30 year term life policy, AFLAC guarantees a Return of Premium Benefit. Benefits of up to $200,000 are available for individuals who are under the age of 50, and up to $100,000 for those over 50. As an individual life insurance policy, holders may take the policy with them should they change jobs. Additional riders, including accidental-death, spouse, and child life insurance, are also available.

• Vision: Through employer sponsorship, a worker may have a monthly amount deducted from their pay check to go towards benefits for vision related costs. The amount paid will depend upon a predetermined benefit chosen at the time of purchase of the policy.

Things to Consider When Purchasing Insurance

Whether it’s the life insurance policies NYLIC specializes in, or the supplemental medical insurance AFLAC is known for, it’s important to consider the following when purchasing any policy:

• Start and expiration date of the policy
• Tax status (i.e. will tax payments incur or be deferred)
• Impact on current financial status
• Long-term impact on financial status
• Probability and likelihood of using a policy
• Reliability and performance of the company

Always remember to address any questions and concerns you have with an agent and be sure to shop around and compare prices, conditions, requirements, and terms among companies before making a commitment.

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Aetna and Companion Life Insurance Company are two life insurance companies that have the benefits packages that will help businesses retain their employees and save money in the process.

Life Insurance Choices from Aetna:

Aetna Life Insurance Company gives employers several different options for group life insurance coverage to offer to their employees. The several types of group life insurance are:

• Basic Term Life Insurance
• Supplemental Term Life Insurance
• Accidental Life & Personal Loss (AL&PL)
• Dependent Life Insurance
• Dependent AL&PL

Basic Term Life Insurance

The Aetna Basic Term Life Insurance policy is the most affordable for employees to purchase. At very low premiums, employees who opt to purchase basic term life will be able to name the people as their beneficiaries that they would like to receive a certain amount of money.

For the most part, the employees will be able to set the amount that they would like to leave to their beneficiaries, but reasons may exist where they will have to limit the death benefits their beneficiaries receive. This will be determined by the employees’ salaries.

Supplemental Term Life Insurance

Because it is possible for the employees’ salaries to limit the amount of money they can leave to their families, employers can also offer them the option of purchasing supplemental term life insurance. Although this policy may be offered to increase the amount of money that can be left through the basic term life insurance policies, Aetna may also limit the benefits people can receive when they add the supplemental policy to their life insurance.

Accidental Life & Personal Loss (AL&PL)

With the AL&PL policy, Aetna gives employers a product to offer their employees that will pay them a sum of money in the event that they are seriously injured in an accident. Employees may qualify for their benefits under several different circumstances, such as:

• Death
• Becoming paralyzed
• Losing the ability to speak, see or hear
• Suffering from third degree burns
• Losing arms and/or legs

Employees will have the opportunity to purchase the Aetna plan that covers the injuries they are most likely to suffer.

Dependent Life Insurance

The dependent life insurance policy is another type of low cost life insurance that employers may find advantageous for their employees. After purchasing this policy, the policy holders will receive an amount of money if one of their dependents passes away. Employers may also purchase the supplemental plan for their employees if the benefits would not be sufficient to pay the bills with just the dependent life insurance policy.

Dependent AL&PL

Employers who are giving the people who work for them the option of purchasing the AL&PL policy can also purchase the supplemental coverage called Dependent AL&PL. This plan will offer the employees benefits for certain named injuries for particular dependents.

Accelerated Death Benefits

Basic term life insurance, supplemental term life insurance and dependent life insurance from Aetna all have accelerated death benefits. The accelerated death benefit (ADB) is paid to the policy holder after the policy holder or the dependents have been diagnosed with a terminal illness.

Aetna Vision

The vision plan that Aetna provides will help employees save money on their vision-related expenses, such as examinations, contact lenses, glasses and even Lasik surgery.

Disability Insurance

Aetna has both short term as well as long term disability options for employees that will make sure they can pay their daily living expenses when they are unable to work due to an injury or an illness.

Dental Insurance

Aetna has several dental insurance plans that help make obtaining dental services affordable for employees and their families.

Companion Life Insurance Company:

An employer may have only two to nine employees who have different needs than can be served by Aetna, and Companion Life Insurance Company may be able to suit these needs. The types of insurance products employers may purchase from Companion are:

• Dental Insurance:The dental insurance offered by Companion Life Insurance Company allows employees to see the dentist of their choice.

• Life and Accidental Death & Dismemberment (AD&D): Companion has both Term life insurance and AD&D plans for employees to choose from.

• Long Term Disability: Long Term Disability from Companion will give injured employees 60 percent of the salary they earned while they were working.

• Short Term Disability: The Short Term Disability option also pays 60 percent of the salary of people employed in smaller work environments.

• Vision by Design: Employers have the choice of different plans that will only cover the basics, such as exams, as well as those that cover exams, glasses and contact lenses.

10 or More Employees

Businesses that have at least 10 employees will have different concerns than those companies that have two to nine. Companion Life Insurance Company has created products that will address the specific needs of these employees with group products, Life and AD&D and Disability Income Plans.

True Group Product Portfolio

Companion has created the true group product portfolio that offers benefits packages that give employees dental benefits, long term/short term disability options.

Voluntary Group Benefits

The voluntary group benefits packages that Companion has for employers aims to make offering benefits to new employees much more affordable. With this option, employees can take part in the group insurance benefits if they choose to with their premiums being deducted from their paychecks.

With group coverage, the employees will receive better rates from Companion than they would if they were to purchase their insurance coverage on their own, and they will have several choices, such as voluntary:

• Dental Insurance
• Life Insurance
• Long Term Disability
• Short Term Disability
• Vision by Design

A Comparison of Aetna and Companion Life Insurance Company

Aetna and Companion Life Insurance Company both provide employers with the ability to offer their employees very good benefits packages. With Aetna, employers can purchase group life insurance, disability insurance, dental and vision options.

The difference between Aetna and Companion Life Insurance Company is that Companion Life Insurance Company separates its products by the numbers of employees that businesses currently employ. Another difference is that Companion Life Insurance Company also gives employers the chance to have their employees enrolled in the group benefits plans on a voluntary basis. Companion Life Insurance Company has more flexible options for employers and employees that are part of businesses that are either large or small.

AFLAC, considered the largest provider of supplemental insurance in the United States, is well-known for its supplemental health insurance polices. The company also provides supplemental life insurance. The company, while having carved out a noticeable niche in the insurance industry since 1955, faces competition from many insurance companies.

One of these is Health Net Life Insurance Company. Health Net Life is an affiliate of Health Net, one of the largest publicly traded health insurers in the United States. Both companies offer similar coverage, but polices and plans differ. The better of the two depends on several factors, including the needs of the insured, the amount of coverage required and the specific policy selected by the insured.

Compare insurance quotes from all the major insurance companies by entering your zip code into our quote comparison tool above. Save time and money by easily comparing quotes online!

AFLAC:

The American Family Life Assurance Company (AFLAC) serves more than 40 million policyholders in the United States, with coverage available in every state. Aflac Life insurance options include:

• Term Life Insurance – A death benefit is provided for a specific length of time. Most AFLAC life insurance policies cover a period of 20 or 30 years. Coverage then expires at the end of the term of the policy.

• Whole life insurance – A one-time death benefit is paid, with an investment component that can be borrowed, collected or used to pay premiums for the policy. A whole life insurance policy remains in effect for the lifetime of the policyholder, as long as premiums are maintained.

• Term Life Insurance Riders – Riders cover any changes in coverage needs since the date of the initial policy. Riders can be added to either term or whole life AFLAC policies.

Rates

AFLAC’s life insurance rates vary based on the amount of coverage required and the other standard factors used to determine rates for an individual. According to reviews by customers, AFLAC’s life insurance rates are reasonable when compared to most of the major insurance companies operating in the United States. Policyholders do not usually pay that much if they only require basic life insurance. Family policies tend to cost more, but rates are competitive with other insurance companies.

Juvenile Life Insurance

AFLAC offers juvenile life insurance, a type of coverage aimed at those under the age of 18. This is a specialized version of life insurance that most insurance companies do not over. Typically, this coverage is mixed with general life insurance policies. AFLAC’s juvenile life plan is designed to guarantee that a child will be able to obtain coverage in the future, even if they develop a serious medical condition during the course of the juvenile policy period. Policy benefits include:

• Policy remains effective for a lifetime as long as premiums are maintained.
• Coverage amount doubles once the child turns 18 years of age with no increase of premium.

Death Benefit

The death benefit on the juvenile life policy builds cash value. This value may be borrowed, collected or available to cover the premium for the policy. The death benefit is provided until the child’s 25th birthday. At this point, the juvenile has the option to convert the policy to an individual permanent life policy. The value of the policy is no more than double the face amount.

Customer Service

AFLAC has an excellent reputation for customer service. Agents operate in all 50 states. According to reviews by existing policyholders, AFLAC’s agents are generally easy to get a hold of when necessary and make an effort to reduce the cost of premiums as much as possible while maintaining sufficient coverage.

Health Net Life Insurance Company:

Health Net Life holds a Certificate of Authority in California and 32 other jurisdictions in the United States. Coverage is not available in all states. Swiss Re Life & Health America, Inc. provides reinsurance for group life and accidental death and dismemberment benefits offered by Health Net Life Insurance Company. Coverage offered includes:

• Group term life insurance
• Accidental death and dismemberment (AD&D)
• Supplemental life insurance
• Dependent life insurance

Note: Term life insurance offered by Health Net Life is not a stand alone product. This coverage is typically grouped with medical coverage offered by Health Net.

Rates

The average premium required with a typical policy from Health Net Life is about average with premium rates throughout the United States. Rates vary based on the amount of coverage.

Note: Since term life is not a stand alone product, rates for this coverage are included in the overall premium.

Customer Service

Health Net Life Insurance Company’s customer service has received mixed reviews, based on assessments by current and former customers. General service is said to be about average. However, some policyholders report issues with processing claims and getting claims accepted.

Health Net Life Insurance does not offer a separate policy for juveniles. However, children typically remain a part of the policy held by their parent(s) or legal guardian(s) until the ages from 18-25, depending on the specific policy. At this point, a policyholder who was formerly a juvenile has the option of obtaining their own policy. Group, family and individual plans are available.

The Final Verdict

A side-by-side comparison of AFLAC and Health Net Life Insurance Company shows some noticeable differences in coverage options and customer care. AFLAC has a wider coverage area, with service available in every state, compared with 33 states for Health Net Life. To be fair, policyholders with minimal needs can find affordable premiums with similar coverage at both companies.

AFLAC rates higher in overall customer satisfaction and offers more policy choices, including the unique juvenile life coverage option. Policyholders who already have existing coverage with Health Net may find it easier to add life insurance coverage to their existing policy. However, individuals looking for more of a selection will find it with AFLAC, along with a solid reputation for customer support.

Find the best rates available on health and life insurance policies today by comparing quotes online. Enter your zip code below and start comparing now!

Sure, you can get great insurance quotes here at InsuranceProviders.com, but what’s the toughest thing to figure out when it comes to insurance, be it auto insurance, home insurance or life insurance? It’s what you should actually pay, in comparison with the quotes you get.

Fortunately, there are dozens of insurance calculators out there on the Internet … read on to find the best. And if you want to find your own, we’ve also got guidelines on what to look for.

Car Insurance Calculators

What to Look For: A car insurance calculator needs to get into details about your car. A really good one will ask you for items like how often your car breaks down, how often you drive your car, the neighborhoods where you park your, and other nitty-gritty factors that can have a bearing on your insurance. Remember, insurance is a numbers game, and the more details you provide, the more accurate your calculator will be.

We Recommend: The Coverage Calculator from CarInsurance.com, which gets into details and offers you a good idea of the pay range you might have to cover. While it’s not perfect, it’s the most detailed one we could find.

Life Insurance Calculators

What To Look For: First things first: look for a calculator that determines term life insurance, not whole life insurance. Term life insurance is life insurance as you expect it, a lump sum that pays off after your death, while whole life insurance includes an investment portion. You’re going to want term, because that’s probably what you’re planning for. Whole life is more of a savings plan than anything else, and you should discuss it carefully with your financial advisor.

Look for a life insurance calculator designed to deal with major expenses: not just the funeral, but also college expenses, ongoing income for your spouse, and other factors.

We Recommend: The LIFE Foundation’s Life Insurance Needs Calculator. Being a non-profit, the LIFE Foundation doesn’t have anything to sell you: they just want to make sure you have adequate life insurance. Even better, their calculator lets you factor in life insurance you may already have, and only advises you on what you might need.

Home Insurance Calculators

What To Look For: There’s no calculator that can really factor in all the different variables of a home insurance policy: when the home was built, the electrical system, the local geography, any problems you may need to repair in the near future, your neighborhood, and so forth. So, when looking for a home insurance calculator, go for the one that can offer you a good ballpark estimate for you to reference when you call an agent. Where you’re located and how many square feet your home has will tell you all you need to know: the insurance companies you call should fill in the rest.

And remember, because we can’t emphasize this enough: comprehensive coverage is what you want, and make sure it includes flood coverage!

We Recommend: HomeInsurance.com’s Home Insurance Calculator. It’s simple: area code and square footage are all you need. Even better, it gives you three different ranges, from your basic insurance needs to the high end, if you’re looking for the best peace of mind possible.

Health Insurance Calculators

What To Look For: Detail, detail, detail. Just like car insurance, how much you’re going to pay, especially with privately-owned health insurance plans, will depend heavily on your current health and outlook for staying healthy over the long term. This becomes especially important if you’ve decided that you don’t like your company’s health insurance plan, and are thinking about switching to your own: you need to be able to anticipate problems coming down the pike. Especially important are the financial aspects: you should be able to compare your current plan against others you’re considering.

We Recommend: Money Zine’s Health Insurance Costs Calculator. It lets you plug the details of various plans into the calculator and gives you a realistic idea of how much your insurance may set you back, depending on what you sign up for.

Dental Insurance Calculators

What To Look For: Details, but not nearly as much as you’d want from a health insurance calculator. Dental insurance is a bit less complicated than health insurance, as it has far less to cover and thus fewer variables to look after. Look for calculators that ask you about your family’s dental needs, as well as your own. Also look for the ability to plug different plans into the calculator and figure out the best benefits; dental insurance is low enough in cost that you’ll be looking at several different companies.

We Recommend: AMPM Insure’s Dental Insurance Calculator. It will let you figure out absolutely everything you need, and gives great ranges you can use as a starting point.

Insurance Calculators: General Tips

When browsing the Web, keep these pointers in mind before trusting the results of any insurance calculator.

• Beware of calculators hosted or sponsored by a specific insurance agency. Some of these calculators can be useful and accurate, but others can be little more than marketing gimmicks, while others will only offer you a look at what you can expect from that insurer.
• Beware of calculators hosted on a site from another country. Each nation has vastly different insurance regulations and requirements, so the results of a British insurance calculator won’t tell you much about American insurance.
• Always look for a second opinion. Don’t take the calculator results as a hard fact. These calculators are designed to give you an idea of what your insurance will likely cost, or how much additional insurance you may need. So always keep that in mind, especially when you have an insurance salesman in front of you.

Remember, calculators are not always 100% precise: any insurance policy is going to have a number of factors that may raise or lower your insurance, and each insurance company weighs each factor differently. But they’re good for getting a sense of what you’ll pay, and spotting costs too high to be worth it, and deals too good to be true.

Once you’re armed with your estimates from these calculators, we invite you to come back to InsuranceProviders.com, and use our free quote form to get the best insurance prices available. Just enter your ZIP code in the box below, and see if you can beat the price quoted by the insurance calculator!

We all want to live in a safe neighborhood; it’s a basic human need. But which neighborhoods are the safest? In which are you the least likely to file a claim with your home or auto insurance company? We put together a list of America’s safest neighborhoods, and here’s what we found (complete state-by-state listings below).

How We Did It

To compile our reports, we collected information on three safety factors:

1) Crime rate: we collected info from the FBI’s Uniform Crime Statistics on the violent crime rate, by city, per 100,000 people. This data aggregates of all the violent crime: assaults, homicides, armed robbery, and so forth.

2) Likelihood of natural disaster: We gathered data from the United States Geological Survey and NOAA to determine how likely a disaster was to strike a city, and put each city on a 1 to 50 ranking, 1 being the safest.

3) Driving safety: Finally, Allstate had the courtesy to compile a list of the safest cities to drive in America. We took out the average number of years between accidents experienced by drivers in each city.

Then we weighted each type of accident according to likelihood, and found that the results were interesting, to say the least.

Crime Was Not a Predictor for the Best … But Definitely for the Worst

You’d think crime rates would have a major influence on safety, but that isn’t the case.

For example, as crime goes, New York City — although it pulled a mediocre 43 out of 73 overall , which confirms every stereotype about New York drivers ever — is actually pretty safe, with a violent crime rate of .55% per 100,000 people. Not bad for the big city.

Although a high crime rate guaranteed you a lower spot most of the time, there are some surprises. For example, Detroit is not the most dangerous city in our rankings, despite having the highest crime rate. It comes close, though.

If You Want Safety, Head Inland

A lot of cities that performed less than perfectly had a far different problem: being on a coast. Especially with our hurricane and typhoon seasons being the way they are, a coastal city just has a much greater chance of running into disaster, compared to cities well away from a body of water.

We’re not saying they should relocate, just that by being near something that could flood them, or dump them into a huge crack in the earth, these cities aren’t as safe.

The 10 Safest Cities

#10) Anaheim, CA

Anaheim has a high risk of natural disaster, compared to the rest of the top ten, and its car accident risk is a little higher than others. But they’re still doing well compared to other cities, and their crime rate is low, qualifying them for number ten on our list.

#9) Aurora, CO

What puts Aurora at number nine? Generally, its citizens go nine years between car accidents, and its likelihood of a natural disaster is quite low. The only thing keeping it from being higher is its relatively high violent crime rate. Of course, that rate is .44%, so Aurora’s not exactly a hotbed of criminal activity.

#8) El Paso, TX

El Paso comes in at number eight in two ways: driving a little more safely (with 9.6 years between wrecks), and sheer luck: it’s a lot less likely to fall victim to a disaster. But, hey, there’s always room for improvement.

         #7) Phoenix, AZ

The only thing keeping Phoenix back? Its crime rate. Phoenix residents go a decade between car accidents and they’re located in one of the safest locations in the country when it comes to natural disasters. Of course, it has a crime rate almost on par with New York City’s, so that’s something the city would do well to address.

#6) Henderson, NV

Henderson, a suburb of Las Vegas, often shows up on safe city lists, and for a reason. Next to Plano, it has the lowest crime rate of any city with a population of over 100,000: a mere .2% of citizens get involved in a violent crime. That, plus being fairly safe from natural disasters and going 9.3 years between accidents, is good enough for number five.

         #5) Fort Wayne, Indiana

Fort Wayne residents go nearly twelve years without an accident, which, combined with their low crime rate, makes up for their mediocre 25 in natural disaster safety. Go Hoosiers!

#4) St. Paul, MN

Yes, one of the Twin Cities makes our list, despite a (relatively) high rate of crime. How? The natural disaster likelihood is about as low as it gets, and St. Paul apparently welcomes and raises careful drivers: they go an average of ten years without an accident. Maybe they’re blessed?

#3) Tucson, AZ

Noticing a theme here? Arizona did pretty well in our rankings, partially because Arizona drivers are careful drivers (no major city on our list dipped below a decade between accidents), and the state of Arizona is apparently immune to pretty much any natural disaster Mother Nature can dish out, short of heat waves. Tucson actually beats Phoenix, despite having a higher crime rate, thanks to other safety factors.

#2) Colorado Springs, CO

Slightly edging out Fort Wayne in driving (11.9 to 11.6), where Colorado Springs really stands out is its high disaster ranking, an impressive seven out of fifty, meaning it’s very safe. But not as safe as…

#1) Mesa, AZ

Arizona takes it as the safest state in the Union, as all three of its major cities are in the top ten. Mesa residents go 11.7 years without an accident on average, they have almost no natural disaster risk, and their crime rate is an excellent .39%.

Congratulations, Mesa!

Staying Safe, No Matter Where You Live

One thing stays the same, no matter how safe or unsafe your city: you need insurance. We here at InsuranceProviders.com want to help you find the best possible insurance for your needs, no matter where you live. So, enter your zip code in the box below to get a free insurance quote from insurance providers on your home, life, or auto!