Revol One Insurance Company, Michigan(MI)-Profile, Products & Services, Claims, Reviews

Revol One Insurance Company (RRIC) is a stock insurance company that offers insurance products and services for Household Life Insurance Company (HLIC) and its affiliates.

An image to Illustrate: Revol One Insurance Company
Revol One Insurance Company is a specialized insurance provider for HLIC and its affiliates. Learn more about their profile, products, services, reviews, and claims process in this article/PHOTO COURTESY: Instagram

HLIC is a leading provider of life insurance, annuities, and retirement solutions for individuals and businesses.

In this article, we will explore the profile, products, services, reviews, and claims process of Revol One Insurance Company.

Revol One Insurance Company Profile

It was formerly known as Pavonia Life Insurance Company of Michigan (PLICM).

It changed its name to Revol One Insurance Company on January 24, 2023.

The company is owned by HLIC and operates as its subsidiary.

The company is domiciled in Michigan and licensed in all states except New York.

Revol One Insurance Company has an A.M. Best rating of B++ (Good), which reflects its adequate financial strength and ability to meet its ongoing obligations to policyholders.

Revol One Insurance Company Products and Services

Revol One Insurance Company offers a variety of insurance products and services for HLIC and its affiliates.

These include:

  • Life Insurance: This covers the risk of death and provides a lump sum payment to the beneficiaries of the policyholder. It offers term life, whole life, universal life, and variable universal life insurance products with different features and benefits.
  • Annuities: This provides a stream of income to the policyholder or the beneficiary for a specified period of life. It offers fixed annuities, variable annuities, and indexed annuities with different options and guarantees.
  • Retirement Solutions: This helps the policyholder plan and save for retirement. It offers individual retirement accounts (IRAs), 401(k) plans, 403(b) plans, 457 plans, and other qualified and non-qualified plans with various investment choices and services.

Revol One Insurance Company Reviews

It has received mixed reviews from its policyholders and customers.

Some of the positive aspects of the company are:

Some of the negative aspects of the company are:

Revol One Insurance Company Claims

Revol One Insurance Company has a dedicated claims department that handles claims for its policyholders.

Policyholders can file claims online through the Revol One website or by mail or fax.

Policyholders should file claims as soon as possible after an event occurs to ensure timely processing and payment.

They should also provide any information or documentation required by the company to support their claims.

ROIC strives to process claims quickly and fairly.

The company communicates with policyholders throughout the claims process and informs them of the status and outcome of their claims.

The company also provides various options for receiving claim payments, such as:

  • direct deposit
  • check
  • wire transfer

Conclusion

Revol One Insurance Company is a specialized insurance provider for HLIC and its affiliates.

It offers life insurance, annuities, and retirement solutions for individuals and businesses.

It has an adequate financial strength rating and a responsive customer service team.

However, it also has some limitations in its product range, complaints history, and reputation.

Policyholders should weigh the pros and cons before choosing it as their insurance provider.

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