Federated Life Insurance Company, Minnesota(MN): Contact information, Claims, Services, Payments, Rating, Reviews

Learn everything you need to know about Federated Life Insurance Company, a leading provider of life insurance and annuities.
Learn everything you need to know about Federated Life Insurance Company, a leading provider of life insurance and annuities.

Federated Life Insurance Company is a company that helps you protect what matters most: your life and your business.

Founded in 1958 as a subsidiary of Federated Mutual Insurance Company, Federated Life offers a variety of life insurance products for personal and commercial customers.

Whether you need term, whole, or universal life insurance, Federated Life has a solution that fits your needs and budget.

Federated Life also provides benefits communication and voluntary benefit administration services through The Farmington Company.

With an A- (Excellent) rating from A.M. Best, Federated Life is a trusted partner for your insurance needs.

Who is the CEO of Federated Insurance?

The CEO of Federated Insurance is Michael G. Kerr.

He became the chief executive officer of Federated Insurance in June 2020, after serving as the executive vice president, chief operating officer, and president.

He has more than 40 years of experience in the insurance industry and holds a degree in business administration from Central Michigan University.

Federated Life Insurance Company, Minnesota contacts

Information Value
Phone Number You can call Federated Life at 800-533-0472 for general inquiries or 800-533-0472 ext. 4555 for claims
Address Federated Life’s headquarters are located at 121 E Park Sq, Owatonna, Minnesota, 55060-3046, United States
Customer Service contact You can contact Federated Life’s customer service department by phone at 800-533-0472 or by email at life@federatedinsurance.com
Policy details You can access your policy details online through Federated Life’s ExpressServe portal, where you can view your policy documents, billing information, and payment history. You can also contact your local independent agent for more information about your policy
Email address You can email Federated Life at life@federatedinsurance.com for general inquiries or claims@federatedinsurance.com for claims
Fax number You can fax Federated Life at 507-455-5200 for general inquiries or 507-455-5200 ext. 4555 for claims
Operating hours Federated Life’s operating hours are Monday to Friday, from 8 a.m. to 4:30 p.m. Central Time

What types of life insurance does Federated Life offer?

Federated Life offers a variety of life insurance products, including:

What is the revenue of federated insurance?

Federated insurance’s annual revenue is $1.9 billion, as of 2022.

Federated Life offers a variety of life insurance products for personal and commercial customers.

Federated Life has an A- (Excellent) rating from A.M. Best, a credit rating agency that focuses on the insurance industry.

Customer reviews report high levels of satisfaction with Federated Life’s customer service, pricing, and coverage options.

  • Life insurance can provide your loved ones with a tax-free payout if you pass away. They can use this money to pay for your final expenses, replace your income, and cover other financial needs.
  • Federated Life offers term, whole, and universal life insurance products for personal and commercial customers. You can choose the type and amount of coverage that suits your goals and budget.
  • Federated Life also provides benefits communication and voluntary benefit administration services through The Farmington Company. This can help you create and manage a comprehensive benefits program for your employees.
  • Federated Life has an A- (Excellent) rating from A.M. Best, which means it has a strong ability to meet its financial obligations and pay claims.

Federated Life Insurance Company, Minnesota claim

  • Claim process: To file a claim with Federated Life Insurance Company, you need to contact your local representative or call the company during business hours. You also need to fill out a claim intimation form and submit it along with the original policy document and other required documents.
  • Claim status: You can check the status of your claim online by logging into your mySHIELD account. You can also contact your local representative or call the company for updates.
  • Required documents for claims: The documents you need to submit for a claim depend on the type of claim and the cause of death. Some of the common documents are: death certificate, ID proof, age proof, medical reports, police FIR, etc.
  • Average claim approval time: The average claim approval time for Federated Life Insurance Company is not publicly available. However, some customer reviews suggest that the company may take longer than expected to process and settle claims. Some customers have reported issues with claim processing, customer service, billing, and policy cancellation.

What are the customer reviews of Federated Life?

What are the customer reviews of Federated Life?

Here are some of the pros and cons of Federated Life based on customer reviews from different sources:

Pros:

  • Federated Life has been in business for over a century and has a strong financial stability. It has an A+ rating from the Better Business Bureau and has been recognized as one of the Top 50 Property and Casualty Insurance Companies by the Ward Group.
  • Federated Life offers a range of specialized insurance coverages, including commercial auto, workers’ compensation, liability, property, and umbrella insurance. Customers can customize their policies to suit their needs and preferences.
  • Federated Life offers discounts to customers who purchase multiple policies, maintain a clean claims history, participate in safety programs, or are members of certain professional organizations or associations.

Cons:

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