If you are looking for a reliable, experienced, and customer-oriented life insurance company, you might want to consider Magna Insurance Company.
Life insurance is one of the most important financial decisions you can make for yourself and your loved ones.
It can provide peace of mind, protection, and security in case of unexpected events.
However, choosing the right life insurance company can be challenging, especially with so many options available in the market.
Magna is a privately owned company that has been serving the insurance needs of individuals and employer groups for over 50 years.
In this blog post, we will review some of the key features and benefits of Magna Insurance Company, and why you should consider them as your life insurance partner.
Magna Insurance Company Details
Magna Insurance Company was established in 1962 in Jackson, Mississippi.
It is owned by Magna Holding Company, LLC, a subsidiary of Fortegra Financial Corporation, a leading provider of specialty insurance products and services.
Magna is licensed to write life, annuities, and accident health business in twelve states.
Magna’s mission is to help policyholders attain and sustain health and security through their lives.
The company’s core values are integrity, excellence, innovation, and customer focus. Magna’s leadership team consists of Robert B. House (President), John D. McCall (Vice President), and James E. Smith (Secretary/Treasurer).
Magna has a market share of 0.01% in the US life insurance industry, with $8.9 million in direct premiums written in 2020.
The company has 11 employees and $34.6 million in total assets.
Magna Insurance Company Basic Information
Here is some basic information about Magna Insurance Company that you might find useful:
| Category | Information |
|---|---|
| Phone Number | (601) 948-5158 |
| Address | 190 East Capitol Street, Suite 800, Jackson, MS 39201 |
| Customer Service Contact | (800) 462-0833 |
| Policy Details | Varies by product and state |
| Email Address | info@magnainsurancecompany.com |
| Fax Number | (601) 948-5159 |
| Operating Hours | Monday to Friday, 8:00 AM – 5:00 PM (Central Time) |
Magna Insurance Company Services & Products
Magna Insurance Company offers a variety of insurance products and services to individuals and employer groups.
Some of the main products are:
- Medicare Supplement: A supplemental insurance policy that helps pay some of the health care costs that Medicare does not cover, such as co-payments, co-insurance, and deductibles. Magna offers several plans that vary by state and are designed to fit different needs and budgets.
- Employer Group Supplemental: A supplemental insurance policy that provides additional benefits to employees who are covered by a group health plan. Magna offers plans that cover expenses such as hospitalization, outpatient surgery, critical illness, accident, dental, vision, and more.
- Employer Group Out-Patient Prescription Drug: A prescription drug plan that covers the cost of medications for employees who are enrolled in
I’m Jose, a business enthusiast and an expert in the insurance field. As a graduate of Eastern University in Business Administration, I have gained significant knowledge insurance. Join me as we delve into everything you need to know about insurance.