North American Company For Life And Health Insurance, (IA) : Overview, Contact Details, Claims Phone Number, Coverage, Discounts , Ratings & Reviews

North American Company For Life and Health Insurance is a division of the Sammons Group established in 1886 under the name North American Accident Association.

The company is renowned for its A+ rating and offers a broad range of insurance solutions covering life and health insurance as well as annuities.

They provide tailored coverage options, emphasizing financial stability, to meet individual needs, spanning life and health insurance, as well as annuities and more.

North American Company For Life And Health Insurance
North American Company For Life And Health Insurance: Photo(Investopedia)

North American Company For Life And Health Insurance Contact Details

Life Insurance Contact Information:

Phone Number: 877-872-0757

Address: One Sammons Plaza, Sioux Falls, SD 57193

Email: LifeCorrespondence@SFGmembers.com

Annuity Contact Information:

Phone Number: 866-322-7069

Address: 8300 Mills Civic Parkway, West Des Moines, IA 50266

Email: AnnuityCorrespondence@SFGmembers.com

Website: https://www.northamericancompany.com/

North American Company For Life and Health Insurance Coverage Options

North American Company for Life and Health Insurance provides a comprehensive array of coverage options to cater to the diverse needs of its customers.

While the specific coverage options can vary depending on the type of insurance policy, here is a general overview of the common coverage options offered:

Life Insurance:

  1. Term Life Insurance: Offers coverage for a specific period, with a death benefit for beneficiaries if the insured passes away during the term.
  2. Whole Life Insurance: Provides lifelong coverage with a guaranteed death benefit and potential cash value growth over time.
  3. Universal Life Insurance: Combines life insurance protection with an investment component, allowing premium and death benefit adjustments.
  4. Indexed Universal Life Insurance: Similar to universal life, with cash value linked to financial index performance.

Health Insurance:

  1. Health Maintenance Organization (HMO) Plans: Emphasize preventive care and require network healthcare providers.
  2. Preferred Provider Organization (PPO) Plans: Offer flexibility in choosing healthcare providers, in and out of the network.
  3. Medicare Supplement Insurance: Fills gaps in Original Medicare, aiding with out-of-pocket expenses.
  4. Critical Illness Insurance: Pays a lump sum upon diagnosis of covered critical illnesses.

Annuities:

  1. Fixed Annuities: Guarantee a fixed interest rate for a specified period, providing predictable income.
  2. Variable Annuities: Allow policyholders to invest in various funds, with potential variable returns.
  3. Immediate Annuities: Commence income payments immediately after a lump sum payment, often for retirement.

Additional Coverage Options:

Please note that the availability of these coverage options may vary by location and individual circumstances.

To explore specific coverage options and tailor a policy to your needs, it’s recommended to contact North American Company for Life and Health Insurance directly.

Or visit their website for detailed information.

Also Read: North Light Specialty Insurance Company, Illinois (IL) : Overview, Contact Details, Coverage, Discounts, Claims, Ratings & Reviews

North American Company For Life and Health Insurance Discounts

While specific discount details are not provided, common types of discounts include:

  • Multi-Policy Discount
  • Safe Driving Discount
  • Good Health Discount
  • Loyalty Discount
  • Age-Based Discounts
  • Group Discounts
  • Annual Payment Discount
  • Non-Smoker Discount
  • Senior Discounts

For accurate information on available discounts for a specific policy, potential policyholders should directly contact North American Company.

Or visit their website for detailed discount information and eligibility criteria.

North American Company For Life and Health Insurance Claims Process

Ease of Claim Submission
North American Company has streamlined their claims process for the convenience of policyholders.

They offer multiple channels for filing claims, including online, over the phone, and through mobile apps.

This flexibility empowers customers to select the most suitable method for them, ensuring a hassle-free claims process.

Efficient Claim Processing
The company recognizes the significance of expeditious claims resolution.

They are committed to processing claims efficiently and promptly.

Specific processing times may vary depending on the claim type and individual circumstances.

North American Company focuses on minimizing delays to ensure customers receive their claim payouts as swiftly as possible.

Customer Feedback on Claims
Prioritizing customer satisfaction, North American Company  values policyholders’ feedback regarding their claim resolutions and payouts.

This feedback loop aids them in continuous process improvement, ensuring that customers are content with the outcomes.

Digital and Technological Features

Mobile App Convenience
North American Company offers a user-friendly mobile app equipped with various features and functionalities.

Policyholders can efficiently manage their insurance policies, access essential documents, initiate claims, and make premium payments through the app.

The app is designed to deliver a seamless digital experience for customers.

Online Account Management
For those who prefer managing their policies via a desktop or web browser, the company provides robust online account management capabilities.

Customers can log in to their accounts, review policy details, update personal information, and access additional digital tools and resources.

This online portal empowers policyholders to maintain full control over their insurance accounts.

Also Read: OBI National Insurance Company, Pennsylvania: Overview, Claims, Discounts, Address And Coverage Options

Digital Resources and Tools
Complementing the mobile app and online account management, North American Company for Life and Health Insurance offers a range of digital tools and resources.

These resources encompass educational materials, calculators, and informative guides that assist customers in making well-informed decisions about their insurance coverage.

The company’s dedication to leveraging technology enhances the overall customer experience.

North American Company For Life And Health Insurance Ratings And Reviews

A.M. Best Rating: A+

Complaint Level: Low

Pros:

Cons:

  • Rates are subject to variation based on individual factors, necessitating personalized quotes.
  • Limited specific policy details available in the article.
  • Absence of an online quoting tool for instant rate estimates.
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