Amalgamated Life Insurance Company, New York(NY)-Contacts, Claims, Address, Products, Benefits

Amalgamated Life Insurance Company functions as an insurance provider offering life, accident, and disability insurance services to customers located within the United States.

It is a reliable and affordable life insurance provider that caters to the needs of working people and their families.

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What is Amalgamated Life Insurance Company and what does it offer? Discover the history, mission, and vision of this trusted partner for working people and their families who need quality insurance products and services at competitive prices/PHOTO COURTESY: Getty Images

Amalgamated Life is a leading provider of comprehensive insurance solutions operating in all 50 states and the District of Columbia.

The company has a long history of serving the labour movement and offering competitive group and voluntary products that protect what matters most to you.

In this article, we will give you an overview of Amalgamated Life and its products, services, and contact information.

Amalgamated Life Insurance Company Phone Number

If you want to reach out to Amalgamated Life by phone, you can call their toll-free number at 1-866-975-4089.

This number is available from Monday to Friday, 8:00 a.m. to 8:00 p.m. EST.

You can also call their main office at 914-367-5000, which is located at 333 Westchester Avenue, White Plains, NY 10604.

Amalgamated Life Insurance Company Contact Number

If you prefer to contact Amalgamated Life by email, you can fill out the online form on their website.

You can select the area of interest within the company, such as product information, member inquiries, claims, policy services, or premium remittance.

You can also provide your name, organization, address, phone number, email address, and contact preference.

A representative from Amalgamated Life will get back to you as soon as possible.

Amalgamated Life Insurance Company Claims

If you need to file a claim with Amalgamated Life, you can access the forms library on their website.

Here you will find various forms pertaining to your insurance policies, such as claim statements, affidavits, questionnaires, waivers, enrollment forms, and more.

You can print out the forms you need, complete them, and mail them to the address indicated on the form.

You can also fax them to 1-914-367-4114.

If you have any questions or concerns about your claim, you can call the customer service centre at 1-866-975-4089.

Amalgamated Insurance Company

Amalgamated Insurance Company is a new name for Amalgamated Specialty Insurance Company (ASIC), which was formerly known as AM RE Syndicate Inc.

ASIC is an Arizona-domiciled domestic excess and surplus (E&S) insurance company and an accredited reinsurer in select states.

It offers customized solutions for niche and speciality lines of business such as commercial and niche property, casualty, transportation, ocean and inland marine, cyber, and miscellaneous speciality lines.

ASIC is owned by Forge Group Inc., which acquired it from Amalgamated Life in August 2020.

Amalgamated Life Insurance Company 333 Westchester

333 Westchester Avenue is the headquarters location of Amalgamated Life Insurance Company and its affiliates within the Amalgamated Family of Companies.

The building is a modern office complex that features a spacious lobby, a cafeteria, a fitness centre, a conference centre, and ample parking space.

The building is conveniently located near major highways and public transportation options.

Amalgamated Life Insurance Claims Address

The claims address for Amalgamated Life Insurance Company is 5453, White Plains, NY 10602-5453.

This is where you should mail your completed claim forms and supporting documents.

You can also fax them to 1-914-367-4114.

Amalgamated Benefits

Amalgamated Benefits is another name for Amalgamated Employee Benefits Administrators (AEBA).

It is a third-party administrator that provides benefits administration services to plan sponsors and their members across labour unions, business associations, and private/public companies.

AEBA offers flexible benefit options such as:

  • health and welfare plans
  • pension plans
  • annuity plans
  • dental plans
  • vision plans
  • prescription drug plans
  • disability plans
  • life insurance plans
  • voluntary benefits plans, and more.

AEBA also provides online access to benefit information through its member portal.

Amalgamated Family of Companies

The Amalgamated Family of Companies is a group of affiliated companies that share a common mission of helping working people and their families achieve financial security by providing affordable life, health and pension products and services while maintaining an unwavering commitment to excellence.

The Amalgamated Family of Companies consists of:

  • Amalgamated Life Insurance Company
  • Employee Benefits Administrators
  • Amalgamated Medical Care Management
  • Amalgamated Agency
  • AliGraphics

Each of these companies offers a range of solutions that complement each other and serve the diverse needs of their customers.

FAQs

Who is the CEO of Amalgamated Life?

The CEO of Amalgamated Life Insurance Company is Paul Mallen.

He is the president and chief executive officer of the company, which is a provider of life, health, and pension products and services for working people

Who is the biggest life insurance company?

The biggest life insurance company in the United States, based on market share for individual policies in 2022, is Northwestern Mutual.

It holds 11.4% of the American market and offers term life, whole life, universal life, and variable universal life insurance products.

How do insurance companies make money?

Insurance companies make money in two main ways: charging premiums to the insured and investing in the premium payments.

Premiums are the fees that the insured pays to the insurance company in exchange for coverage.

The insurance company uses underwriting and risk analysis to determine how much to charge for each policy.

The company then pays out claims to the insured when a covered event occurs, such as an accident or a death.

The difference between the premiums collected and the claims paid is the underwriting profit.

Premium payments are also invested by the insurance company in various assets, such as bonds, stocks, or real estate.

The income generated from these investments is the investment profit

How does insurance work?

Insurance works by pooling and transferring risk from many individuals or businesses to an insurance company.

The insurance company agrees to compensate the insured for certain losses or damages that may occur due to unforeseen events, such as fire, theft, illness, or death.

The insured pays a regular fee, called a premium, to the insurance company for this protection.

The premium is based on the likelihood and severity of the potential loss, as well as other factors, such as age, health, location, or occupation.

The insurance company collects premiums from many policyholders and uses them to pay for the claims of those who suffer losses.

This way, the insurance company spreads the risk among a large group of people and reduces the financial burden on any one individual or business.

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