Equitable Financial Life and Annuity Company(Colorado) Overview; Contacts, Claims, Services, Affiliations and Benefits

Securing your financial future is of paramount importance. Equitable Financial Life and Annuity Company, a trusted name in the insurance industry, offers a wide range of financial products and services to help you achieve your financial goals. In this comprehensive guide, we will explore everything you need to know about Equitable Financial Life and Annuity Company.

Equitable Financial Life and Annuity Company

Equitable Financial Life and Annuity Company has been helping people with retirement and protection

A Brief History

Equitable Financial Life and Annuity Company, previously called The Equitable Life Assurance Society of the United States, has been a top provider of retirement and protection solutions for more than 175 years.

Henry Baldwin Hyde founded it in 1859. Equitable has a history full of innovation, strong finances, and a dedication to helping its policyholders.

Contact Details

Should you wish to get in touch with Equitable Financial Life and Annuity Company, here are the contact details:

Category Contact Information
Headquarters Equitable Financial Life and Annuity Company
1290 Avenue of the Americas
New York, NY 10104
Phone General inquiries: 1-800-523-1125
Life insurance: 1-800-462-0772
Annuities: 1-800-222-2323
Investments: 1-800-523-1125
Retirement planning services: 1-800-523-1125
Website equitable.com/login
Email Send a secure email
Social Media Facebook
Twitter
LinkedIn
Mailing Address Equitable Financial Life and Annuity Company
P.O. Box 6040
Lynchburg, VA 24505
Fax 1-434-948-5716
Customer Service Hours Monday – Friday: 8:00 AM – 8:00 PM ET
Saturday: 9:00 AM – 6:00 PM ET
Please note: These contact details are for Equitable Financial Life and Annuity Company in the United States. If you live outside of the United States, you can find contact information for your local Equitable office on the company’s website.

Services and Products

Equitable Financial Life and Annuity Company offers various products and services to help you with your financial goals, such as:

Products:

  1. Life insurance: They provide different types of life insurance, like term life, whole life, and universal life.
  2. Annuities: These can give you a steady income in retirement, and Equitable offers fixed, variable, and hybrid annuities.
  3. Investment products: They also have mutual funds, ETFs, and separately managed accounts.
  4. Retirement plans: They offer 401(k) plans, 403(b) plans, and IRAs.

Services:

Equitable Financial Life and Annuity Company provides services to help you make good financial choices, including:

  1. Financial planning: They help you create a plan to reach your financial goals.
  2. Investment advice: Equitable gives advice to guide your investment decisions.
  3. Retirement planning: They assist with planning for your retirement.

Equitable Financial Life and Annuity Company

Premium Costs

Equitable Financial Life and Annuity Company charges different premiums for life insurance and annuities based on your age, health, coverage amount, and policy type. But they give you various ways to pay these premiums to fit your budget.

Payment options

  1. Monthly: You can pay monthly through automatic debit from your bank account, which is the easiest way for many policyholders.
  2. Quarterly: You can pay every three months through automatic debit or by sending a check.
  3. Semi-annually: You can pay every six months through automatic debit or by mailing a payment.
  4. Annually: You can pay once a year through automatic debit or by mailing a payment.

Discounts

Equitable Financial Life and Annuity Company has discounts to help you save money on your premiums. These include:

  • Non-smoker discount: If you don’t smoke, you might get a discount.
  • Healthy lifestyle discount: If you lead a healthy lifestyle, you could also get a discount.
  • Multi-policy discount: If you have more than one policy with Equitable, you might qualify for a discount.

Promotional offers

Sometimes, Equitable Financial Life and Annuity Company has special deals. These offers could include premium discounts, free gifts, or other bonuses.

Equitable Financial Life and Annuity Company

Process of Filing Claims

Equitable Financial Life and Annuity Company makes it easy to get your benefits quickly when you file a claim. Here’s how to do it:

Step 1: Start the claim

First, let Equitable know about your claim. You can:

You’ll need to share basic info like your policy number, name, and birthdate.

Step 2: Get the paperwork

Equitable will send you a claims kit once you’ve notified them. It has all the forms and documents you need for your claim. The specific stuff you require varies based on your claim type.

Common documents include:

  • Death certificate (for life insurance claims)
  • Doctor’s statement
  • Hospital records
  • Medical bills
  • Proof of employment (for disability claims)

Step 3: Send the claim

Once you’ve got everything, send your claim to Equitable. You can:

  • Mail the completed forms and documents to Equitable
  • Fax them to Equitable
  • Upload them to your Equitable account

Step 4: Review and payment

Equitable will check your claim to make sure it’s complete and accurate. They might need to talk to you for more info.

After approving your claim, Equitable will pay you. How you get paid depends on your preference and the claim type. You might receive a check, direct deposit, or electronic transfer.

Ratings, Reviews, Complaints, and Resolutions

Ratings:

  • A.M. Best: A++ (Superior)
  • Standard & Poor’s: AA+ (Very Strong)

Reviews:

  • Better Business Bureau: A+
  • Trustpilot: 3.8 out of 5 stars

Complaints:

  • 133 complaints in the last three years
  • 50 complaints closed in the last 12 months

Resolutions:

  • Complaints addressed and resolved to the satisfaction of customers

Equitable Financial Life and Annuity Company teams up with different organizations to reach more people and offer better services. These partnerships cover various fields, like finance, technology, and healthcare.

Financial Institutions:

Equitable works with banks, credit unions, and independent financial advisors. They do this to share their products and services with more people. These partnerships help them use the expertise and relationships of their partners to reach more customers and provide complete financial solutions.

Technology Providers:

Equitable joins forces with top technology companies to improve their digital capabilities and bring innovative solutions to customers.

These collaborations involve firms that focus on things like data analytics, artificial intelligence, and customer relationship management (CRM) systems.

Equitable wants to use advanced technology to make the customer experience better, simplify operations, and offer personalized financial advice.

Healthcare Organizations:

Equitable teams up with healthcare organizations to provide both health and financial wellness solutions. These partnerships are all about offering comprehensive healthcare benefits, financial planning help, and educational resources.

The goal is to assist people in managing their healthcare needs and making informed financial choices.

Notable Affiliations and Partnerships:

  • American Association of Insurance Services (AAIS): Equitable is part of AAIS, a non-profit that makes standard insurance forms and rating information. This helps Equitable stay up-to-date with industry standards and have a say in developing insurance products and services.
  • Financial Planning Association (FPA): Equitable is a Corporate Partner of FPA, the top organization for Certified Financial Planners™ (CFP®) professionals. This partnership allows Equitable to work with financial planners and provide them with resources for their professional growth.
  • Council for Disability Awareness (CDA): Equitable is a member of CDA, a non-profit dedicated to raising awareness about disability issues and providing resources to people with disabilities and their families. This aligns with Equitable’s commitment to offering disability insurance solutions and supporting individuals with disabilities.

Equitable Financial Life and Annuity Company’s affiliations and partnerships show how they value working together and bringing new ideas.

By teaming up with leading organizations in different fields, Equitable can reach more people, improve their services, and provide complete solutions to help individuals and families achieve their financial goals.

Benefits of Joining Equitable Financial Life and Annuity Company

Joining Equitable Financial Life and Annuity offers numerous benefits:

FAQs

1. What is the minimum premium cost for life insurance with Equitable Financial Life and Annuity Company?

The minimum premium cost varies depending on the policy type and coverage amount. It’s recommended to contact the company for a personalized quote.

2. Can I change my payment frequency from monthly to annual or vice versa?

Yes, Equitable Financial Life and Annuity Company offers flexibility in payment options, allowing you to change your payment frequency as needed.

3. How long does it take to process a claim with Equitable?

The company aims to process claims efficiently, and the exact time may vary depending on the nature of the claim. Contact their claims department for specific information.

4. Are there any discounts available for Older citizens?

Equitable may have special discounts or offers for older citizens. Check their website or contact customer service for the latest information.

5. What types of annuities does Equitable offer?

Equitable offers a variety of annuity options, including fixed annuities, variable annuities, and indexed annuities. Consult with their experts to determine the most suitable choice for your needs.

Conclusion

Equitable Financial Life is a reliable and well-established institution offering a range of financial products and services to secure your financial future.

With a rich history, positive ratings, and a commitment to customer satisfaction, Equitable is a trustworthy partner for your financial needs.

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