Is Combined Insurance Legit: A Comprehensive Review

If you’re in search of extra insurance, you might have heard of combined insurance.

They offer coverage for disability, life, health, accidents, and Medicare.

But how do you know if they’re a good and legit company? Here’s what to think about before getting a policy.

An image illustration of combined insurance legitimacy
combined insurance: Your most legitimate insurance partner


The Combined Insurance Company of America has been around since 1922, giving them almost a century of experience.

They’re known for providing good individual and supplemental health, accident, disability, and life insurance in the US.

They’re part of Chubb, one of the top US insurers and the biggest publicly traded P&C insurance company globally.

Their financial size falls between $100 million and $250 million.

Combined Insurance has some impressive achievements, like being the top military-friendly employer and making it to Ward’s Top 50 Performing Life-Health Insurance Companies.

They bring in around $933.98 million in revenue each year.

With a long history, a big parent company, and solid financial strength, Combined Insurance is seen as a reliable insurance provider with a bright future.

A.M. Best, a leading credit rating agency for the insurance industry, gives them an “A+” rating, signaling that they’re an excellent choice.

This high rating assures customers that Combined Insurance can provide secure and guaranteed coverage from a trustworthy carrier.

A.M. Best, established in 1899, is one of the oldest rating companies globally.

Their reviews show an insurance company’s financial strength and creditworthiness. These reviews consider the company’s performance, business profile, and balance sheet.

For those unfamiliar with insurance company reputations, A.M. Best’s rating system helps them make informed choices about trustworthy companies, ensuring their short-term needs and long-term stability are met.

Policy Options And Benefits

Combined Insurance offers various supplemental insurance plans to help you cover expenses that your primary insurance might not handle, such as deductibles, copayments, coinsurance, and loss of income.

These plans are crafted to provide direct cash benefits to you, independent of any other insurance you may have.

You have the flexibility to use the money for whatever you need, whether it’s medical bills, household expenses, or paying off debts.

Here are some of the policy options and benefits provided by Combined Insurance:

  1. Disability Insurance:
    • Purpose: Replaces a portion of your regular income if you become disabled due to an accident or sickness.
    • Benefits: Pays 50 percent of your normal benefits for a set time, up to two years.
    • Customization: Choose benefit amounts and elimination periods based on your needs and budget.
  2. Accident Insurance:
  3. Supplemental Health Insurance:
    • Purpose: Assists with the financial impact of serious illnesses like cancer, heart attack, stroke, or kidney failure.
    • Benefits: Pays for diagnosis, treatment, surgery, hospitalization, and recovery.
    • Additional Coverage: Optional riders for cancer care, intensive care, and hospital indemnity.
  4. Life Insurance:
    • Purpose: Provides financial support for your loved ones in the event of your death.
    • Benefits: Pays a lump sum to your beneficiaries, who can use it for any purpose.
    • Options: Choose from different life insurance types like term, whole, and universal. Add riders for accidental death, disability, and critical illness.

In essence, Combined Insurance’s policies offer a flexible and comprehensive approach to safeguarding your financial well-being in various situations.

Pros And Cons of Combined Insurance

Like any insurance company, Combined Insurance comes with its positives and negatives.

Let’s take a look at the advantages and disadvantages of getting a supplemental insurance policy from Combined Insurance:


  1. Long and Respected History:
    • Combined Insurance boasts a lengthy and respected track record in the insurance industry.
  2. Strong Financial Rating:
    • The company holds a top-notch financial strength rating from AM Best, ensuring reliability.
  3. Diverse Insurance Options:
  4. Direct Cash Benefits:
    • Their policies deliver cash benefits directly to you, offering flexibility for spending on any purpose you choose.
  5. Portability:
    • You can keep your policies even if you change employers, making them portable.
  6. No Benefit Reduction for Claims:
    • Policies maintain their full benefits without reductions for any claims made.


  1. Customer Complaints:
    • The company has a relatively high number of customer complaints, according to the NAIC.
  2. Complicated Claims Process:
    • Some customer reviews suggest that the claims process can be complex and time-consuming.
  3. Unfriendly Online Portal and Customer Service:
    • According to some customer reviews, the online portal and customer service may not be very user-friendly or helpful.
  4. Limited Coverage:
    • Policies might not cover all expenses resulting from an accident or illness, like long-term care or rehabilitation.
  5. Exclusions and Waiting Periods:
    • Policies may have exclusions, limitations, and waiting periods that could impact your eligibility and benefits.

In summary, while Combined Insurance has notable strengths, it’s essential to be aware of potential drawbacks, such as customer service concerns and coverage limitations.

Consider these factors to make an informed decision based on your specific needs and preferences.

Pricing And Availability

The price of a supplemental insurance plan from Combined Insurance is influenced by things like your age, health, job, where you live, and the kind of coverage you want.

To know how much it will cost you, you can get a quote for free online or by reaching out to a local agent.

You also have the option to compare the rates and benefits of different plans to find the one that suits you best.

Combined Insurance is accessible all over the United States, but keep in mind that not every policy choice is offered in each state.

To see which plans are available where you live, you can visit the company’s website or call their customer service number.

Discounts Offered At Combined Insurance

Although Combined Insurance doesn’t readily share information about their specific discounts, many insurance companies offer common discounts on similar products. These include:

  1. Safe Premises Discount:
  2. Formal Safety Plan Discount:
    • Employers with a formal safety plan in place for employees may receive a discount on disability insurance.
  3. Smoking Cessation Program Discount:
    • Employers offering a smoking cessation program may qualify for a discount on health insurance.
  4. Young Applicant Discount:
    • Life insurance applicants purchasing coverage at a younger age, like in their 20s or 30s, may receive a discount.
  5. Safe Hobbies Discount:
    • Life insurance customers with safe hobbies (e.g., no skydiving) could get cheaper premiums.

For specific details on discounts offered by Combined Insurance, an independent insurance agent can assist you.

They can provide quotes and address any other questions you may have.

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