Combined Insurance Company of America (Illinois): Contacts, Ratings, Products, Policy Management, Reviews, Legal Compliance and Benefits

The Combined Insurance Company of America, based in Illinois, leads the way in providing extra insurance products.

They provide a variety of coverage choices to help people and families shield themselves from unforeseen financial troubles.

An image of Combined Insurance Company of America headquarters
Combined Insurance has a solid history of financial stability. It is part of Chubb, one of the world’s largest insurers with over 100 years in business [PHOTO | Epstein]

Combined Insurance Company of America (Illinois)

The Combined Insurance Company of America, headquartered in Illinois, leads the way in offering individual accident, disability, health, and life insurance products.

It is part of Chubb, one of the world’s largest insurers. With over 100 years in business, Combined Insurance has a solid history of financial stability.

They are recognized as one of Ward’s Top 50® Performing Life-Health Insurance Companies and earned the title of the number one Military Friendly® Employer by G.I. Jobs magazine in 2015 and 2016.

Contact Information

If you need to reach Combined Insurance, here is how to get in touch:

The Financial Strength of Combined Insurance Company of America (Illinois)

Combined Insurance holds robust financial ratings. AM Best, a prominent insurance industry credit rating agency, rates it as A+ (superior).

This grade highlights Combined Insurance’s excellent capability to fulfill its financial commitments to policyholders.

Additionally, Standard & Poor’s (S&P) grants Combined Insurance a solid rating of A+ (strong), indicating the company’s very strong financial health.

In summary, Combined Insurance’s financial ratings are as follows:

  • AM Best: A+ (Superior)
  • Standard & Poor’s: A+ (Strong)

Services and Products

Combined Insurance provides an array of supplemental insurance services and products. These include:

Accident Insurance: This insurance helps cover medical costs and other financial losses in the event of an accident. It can apply to various accidents like car accidents, slip and falls, sports injuries, work-related accidents, and travel accidents.

Disability Insurance: This coverage replaces your income if you can’t work due to a disability, whether it’s sickness, injury, or mental health conditions.

Health Insurance: This insurance aids in paying for medical expenses, such as doctor’s visits, hospital stays, and prescription drugs. It covers conditions like cancer, heart disease, diabetes, stroke, and mental health issues.

Life Insurance: This offers financial security for your loved ones after your passing. It can cover expenses like funerals, outstanding debts, mortgage payments, and your children’s college education.

Besides these core products, Combined Insurance also provides various other supplemental insurance products, including:

  • Critical Illness Insurance: This pays a lump sum benefit if you’re diagnosed with a critical illness like cancer, heart attack, or stroke.
  • Cancer Disability Insurance: Provides a monthly benefit if you’re unable to work due to cancer.
  • Hospital Indemnity Insurance: Offers a daily benefit when you’re hospitalized.
  • Guaranteed Issue Life Insurance: Available even if you have pre-existing medical conditions.

Filing with Combined Insurance Company of America (Illinois)

To file a claim with Combined Insurance, visit their website or call 1-800-225-4500. Be ready with your policy number and incident details.

Policy Management

You can cancel a Combined Insurance policy at any time by contacting them with written notice.

Policies renew automatically on the anniversary of their start date, but you can opt out by giving written notice of non-renewal at least 30 days before renewal.

Legal Compliance

Combined Insurance is licensed to operate in all 50 states and the District of Columbia, adhering to local laws and regulations.

Customer Reviews

Combined Insurance garners mixed reviews from customers.

Some praise its affordability and customer service, while others express dissatisfaction with slow claims processing and complex cancellation procedures.

An image of Combined Insurance Company of America (Illinois)
Combined Insurance provides policies in plain, understandable language, so you always know what you’re covered for. [Image/Uptown Update]

Advantages of Choosing Combined Insurance Company of America (Illinois)

  1. Financial Stability: As a part of Chubb, one of the world’s largest insurers, Combined Insurance ensures your coverage remains reliable when you need it.
  2. Customer Satisfaction: Consistently high customer satisfaction ratings reflect Combined Insurance’s commitment to exceptional service and support.
  3. Affordable Rates: Competitive pricing on supplemental insurance products ensures you can secure necessary coverage without straining your budget.
  4. Clear Policies: Combined Insurance provides policies in plain, understandable language, so you always know what you’re covered for.
  5. Flexibility: Offering a diverse range of supplemental insurance products allows you to choose the coverage that aligns with your specific needs and budget.
  6. Convenience: Easily purchase and manage your supplemental insurance policies through online or phone channels for added convenience.

Additionally, specific benefits vary by the type of supplemental insurance:

  • Accident Insurance: Comprehensive coverage options include medical expenses, lost wages, and funeral expenses, making Combined Insurance’s accident insurance policies among the most thorough in the market.
  • disability insurance: Affordable and straightforward disability insurance options are available, including both short-term and long-term disability coverage.
  • Critical Illness Insurance: This insurance can help cover the significant costs associated with treating critical illnesses like cancer or heart attacks, easing your financial burden.

 

Frequently Asked Questions (FAQs)

Answers to common questions about Combined Insurance Company of America (Illinois):

Q: Is Combined Insurance a reputable company?

A: Yes, Combined Insurance has a long history of offering supplemental insurance products, but it’s essential to research and compare before making a decision.

Q: How can I file a claim with Combined Insurance?

You can file a claim online or by calling 1-800-225-4500.

Q: When can I cancel my Combined Insurance? A: Yes, you can cancel at any time with written notice.

Q: Do Combined Insurance policies renew automatically?

Yes, they typically renew automatically on the policy start date’s anniversary. Notify them in writing if you wish to opt out 30 days before the renewal date.

Q: What are the advantages of choosing Combined Insurance?

Benefits include a wide array of products, competitive rates, financial stability, and a nationwide presence.

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