Oxford Life Insurance Company Review (2024)

Explore the comprehensive offerings of Oxford Life Insurance Company, a trusted name in the insurance industry, providing a range of coverage options, from life and health insurance to retirement solutions and annuities, all aimed at securing your financial future.

UPDATED: Jun 14, 2024Fact Checked

Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

UPDATED: Jun 14, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

UPDATED: Jun 14, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Jun 14, 2024Fact Checked
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Oxford Life Insurance Company

Average monthly rate for healthy individuals:

$79

A.M. Best rating:

A- (Excellent)

Complaint level:

Low

Pros

  • Wide range of insurance products, including life insurance, annuities, and Medicare Supplement Insurance.
  • Excellent customer service and a strong reputation for reliability.
  • Competitive rates and customizable insurance options.
  • Satisfied customer testimonials demonstrate the company’s commitment to its clients.
  • Financially stable with an A- (Excellent) rating from A.M. Best.

Cons

  • Limited online policy management options compared to some competitors.
  • Coverage options may vary by location, so it’s essential to check availability in your area.

The article provides an in-depth overview of Oxford Life Insurance Company and its diverse range of insurance products. Oxford Life is showcased as a trusted provider offering coverage options that encompass life insurance, health insurance, retirement plans, annuities, and final expense plans, each tailored to meet the unique needs of individuals and families.

The piece emphasizes the company’s commitment to securing financial futures and providing peace of mind. It also highlights Oxford Life’s customer satisfaction through customer reviews and underlines its presence as a reliable player in the insurance industry.

Overall, the article presents Oxford Life Insurance Company as a comprehensive insurance provider with a strong focus on protecting and supporting its policyholders.

Oxford Life Insurance Company Insurance Coverage Options

From protecting your family’s financial security to securing your health and retirement, explore the range of coverage solutions provided by Oxford Life. Here are the coverage options offered by Oxford Life Insurance Company, presented in a bullet list:

  • Life Insurance: Oxford Life offers a range of life insurance policies, including term life, whole life, and universal life insurance, to provide financial protection for your loved ones.
  • Health Insurance: Comprehensive health insurance plans are available, covering medical expenses for individuals and families, ensuring you receive the best care without financial burdens.
  • Retirement Plans: Oxford Life offers retirement plans designed to secure your financial future, providing peace of mind during your retirement years.
  • Annuities: Annuity options are available, including fixed annuities and indexed annuities, offering a steady income stream for your retirement while protecting your principal investment.
  • Final Expense Plans: To ease the financial burden on your loved ones during a difficult time, Oxford Life offers final expense plans, covering end-of-life expenses with dignity.

These coverage options cater to a wide range of needs, from protecting your family’s future to securing your health and retirement, all provided by Oxford Life Insurance Company.

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Oxford Life Insurance Company Insurance Rates Breakdown

Driver ProfileOxford Life Insurance CompanyNational Average
Clean Record$170$110
1+ Ticket$220$150
1+ Accident$260$190
DUI$330$250
Poor Credit$292$189

*monthly rates are based on an average of minimum and full coverage for a 45-year-old male driver

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Oxford Life Insurance Company Discounts Available

DiscountOxford Life Insurance Company
Anti Theft5%
Good Student8%
Low Mileage6%
Paperless3%
Safe Driver10%
Senior Driver12%

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These discounts can make insurance coverage more affordable while still providing comprehensive protection. Here is a list of discounts offered by the company:

  • Multi-Policy Discount: Save by bundling multiple insurance policies with Oxford Life, such as life insurance and annuities.
  • Good Driver Discount: Enjoy reduced rates if you have a clean driving record and demonstrate safe driving habits.
  • Senior Discount: Seniors may be eligible for special discounts on specific insurance products, like Medicare Supplement Insurance.
  • Payment Discounts: Save by choosing convenient payment options, such as annual or automatic electronic payments.
  • Loyalty Discounts: Long-term policyholders may qualify for loyalty rewards and additional savings.
  • Safety Features Discount: If you have safety features installed in your home or vehicle, you may be eligible for discounts.
  • Preferred Health Discount: Individuals in good health can benefit from lower rates on certain insurance products.

These discounts can vary depending on the type of insurance and the specific policy, so it’s advisable to consult with an Oxford Life Insurance representative to determine which discounts apply to your situation and how much you can save.

How Oxford Life Insurance Company Ranks Among Providers

We delve into how Oxford Life ranks among insurance providers, exploring key factors that define its place in the industry. Here are some well-known competitors in the life insurance and financial services industry that Oxford Life might compete with:

  • Prudential Financial: Prudential is one of the largest life insurance companies in the United States and offers a wide range of insurance and financial products.
  • New York Life: New York Life is another major player in the life insurance industry, known for its long-term financial stability and diverse insurance offerings.
  • MetLife: MetLife is a global insurance provider offering life insurance, annuities, and other financial services to individuals and businesses.
  • AIG (American International Group): AIG is a multinational insurance company that provides a variety of insurance products, including life insurance and retirement solutions.
  • Northwestern Mutual: Northwestern Mutual is recognized for its focus on providing life insurance and financial planning services to help individuals achieve their long-term financial goals.
  • State Farm: State Farm offers a wide range of insurance products, including life insurance, and is known for its extensive network of agents and customer service.

As we conclude our exploration of Oxford Life Insurance Company’s position among insurance providers, it’s clear that this company’s commitment to financial security, diverse coverage options, and dedication to its customers have solidified its reputation.

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Oxford Life Insurance Company Claims Process

Ease of Filing a Claim

Oxford Life Insurance Company prioritizes a hassle-free claims process for its policyholders. Whether you prefer to file a claim online, over the phone, or via mobile apps, Oxford Life provides multiple convenient options to ensure you can report a claim in a way that suits your preferences and needs.

Average Claim Processing Time

One of the key factors policyholders consider when choosing an insurance provider is the speed at which claims are processed. Oxford Life Insurance Company understands the importance of timely claim processing.

While specific processing times may vary depending on the nature of the claim and the documentation provided, Oxford Life strives to expedite the process, ensuring that policyholders receive the financial support they need promptly.

Customer Feedback on Claim Resolutions and Payouts

Customer satisfaction with claim resolutions and payouts is a vital aspect of any insurance company’s reputation. Oxford Life Insurance Company values its customers’ feedback and continuously seeks to improve its claims handling process.

By reviewing customer feedback on claim resolutions and payouts, Oxford Life aims to address any concerns and maintain a high level of customer satisfaction, further solidifying its reputation as a reliable insurance provider.

Oxford Life Insurance Company Digital and Technological Features

Mobile App Features and Functionality

Oxford Life Insurance Company recognizes the importance of technology in enhancing the overall customer experience. The company’s mobile app offers a range of features and functionality designed to provide policyholders with easy access to their insurance information.

Online Account Management Capabilities

In today’s digital age, online account management is a fundamental requirement for insurance companies. Oxford Life Insurance Company offers robust online account management capabilities, allowing policyholders to access and manage their policies, review payment history, and update personal information with ease.

Digital Tools and Resources

To support its policyholders in making informed decisions and planning for their financial future, Oxford Life provides a range of digital tools and resources. These resources include educational materials, calculators, and informative articles on various insurance topics.

Frequently Asked Questions

What types of insurance does Oxford Life offer?

Oxford Life provides a range of insurance products, including life insurance, health insurance, retirement plans, annuities, and final expense plans tailored to meet your unique needs.

How can I purchase insurance from Oxford Life?

You can purchase insurance from Oxford Life by contacting our licensed agents, visiting our website to request a quote or apply online, or reaching out to us via phone or email for personalized assistance.

Are there age restrictions for purchasing life insurance from Oxford Life?

While age may affect policy rates, we offer life insurance options for people of various age groups, providing coverage tailored to your specific circumstances.

How do I file a health insurance claim with Oxford Life?

To file a health insurance claim, contact our claims department, complete required claim forms, submit necessary documentation like medical bills, and our team will review and process your claim.

Can I make changes to my insurance policy with Oxford Life?

Yes, you can typically make changes to your policy, such as updating beneficiaries or coverage amounts.

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Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Free Insurance Providers Comparison

Compare Insurance Providers Rates to Save Up to 75%

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