Unimerica Insurance Company, Wisconsin: Company Details, Financial Details, Contact Details, Coverage Options And Services And Products

If you need good and not-too-expensive insurance in Wisconsin, think about Unimerica Insurance Company.

The company is part of UnitedHealth Group, which is one of the biggest healthcare companies globally.

An image illustration of the Unimerica Insurance Company, Wisconsin
The Unimerica Insurance Company, Wisconsin: Your most reliable life insurer in Wisconsin

Unimerica gives different types of insurance, like life, disability, accident, and health coverage, to people and groups all over the United States.

This blog post will look at Unimerica Insurance Company Wisconsin and share important details about its past, services, products, money matters, coverage, claims, and what customers say.

Company Details

Establishment and Leadership:

Founded in 1986, Unimerica Insurance Company started as a stock corporation in Wisconsin. Its main office is in Milwaukee, Wisconsin. The company operates with a license in all 50 states and the District of Columbia. The CEO leading Unimerica is David S. Wichmann, who also serves as the CEO of UnitedHealth Group.

Association with UnitedHealth Group:

Unimerica is a part of the UnitedHealthcare segment within the larger UnitedHealth Group, catering to over 45 million customers globally.

This connection strengthens Unimerica’s position in the insurance landscape.

Market Presence in Wisconsin:

In Wisconsin, Unimerica holds a 0.06% market share, placing it 38th among the 210 insurers in the state. This reflects its role in providing insurance services to the local community.

Company Size and Assets:

As of 2017, Unimerica employs a total of 1,057 individuals and possesses assets totaling $1.8 billion. This showcases the company’s scale and financial standing in the insurance industry.

Contact Details

  • Phone Number: (800) 232-5432
  • Address: 125 S 84th St Ste 400, Milwaukee, WI 53214
  • Customer Service Contact: (800) 232-5432 or [online form]
  • Policy Details: Varies by product and state
  • Email Address: [unimerica@uhc.com]
  • Fax Number: (800) 842-8810
  • Operating Hours: Monday-Friday, 8:00 a.m.–5:00 p.m. CT

Services And Products

Insurance Options by Unimerica in Wisconsin

life insurance: Unimerica gives you choices like term life, whole life, and universal life insurance. These plans safeguard your family in case something happens to you. Unimerica also has group life insurance for employers and employees.

Disability Insurance: Unimerica offers short-term and long-term disability plans. If you can’t work because of a disability, these plans can help replace a part of your income. There are also group disability plans for employers and employees.

Accident Insurance: Unimerica provides plans that pay a lump sum if you’re injured or die due to a covered accident. They also have group accident plans for employers and employees.

Health Insurance: Unimerica’s health insurance covers medical expenses and preventive care. They offer group health plans for employers and employees.

Special Packages and Bundled Services:

Critical Illness Insurance: Unimerica’s Critical Illness Plan plans to pay a lump sum if you’re diagnosed with a covered critical illness, like cancer. They also have group plans for employers and employees.

Hospital Indemnity Insurance: Unimerica’s hospital indemnity plans pay a fixed amount for each day you’re in the hospital due to a covered illness or injury. They offer group plans for employers and employees.

Dental Insurance: Unimerica covers dental care like exams, cleanings, fillings, and crowns. They also offer group dental plans for employers and employees.

Vision Insurance: Unimerica’s vision insurance covers eye care services like exams, glasses, and contacts. They provide group vision plans for employers and employees.

International Coverage and Temporary Policies:

International Coverage: Unimerica extends coverage internationally for some plans, including life, disability, and health insurance. They have partners in over 130 countries for quality care.

Temporary Policies: Unimerica offers short-term plans for health and accident insurance, with options ranging from one month to one year.

Coverage Options

Coverage Details by Unimerica Insurance Company, Wisconsin

Life Insurance: Unimerica’s life insurance tells you what it covers and doesn’t cover. It doesn’t cover death by suicide, war, or illegal stuff. The coverage limits go from $25,000 to $10 million, depending on the product and state. You can add things like an accidental death benefit or a waiver of the premium.

Disability Insurance: Unimerica’s disability insurance doesn’t cover disability from pre-existing conditions, self-harm, or crimes. It covers 50% to 70% of your income, depending on the product and state. You can add stuff like cost-of-living adjustments or residual disability benefits.

Accident Insurance: Unimerica’s accident insurance doesn’t cover injuries from sickness, being drunk, or risky activities. Coverage limits range from $1,000 to $100,000, depending on the product and state. You can add things like hospital confinement benefits or dismemberment benefits.

Health Insurance: Unimerica’s health insurance doesn’t cover things that aren’t medically necessary, experimental, or cosmetic. Coverage limits go from $1,000 to $10 million, depending on the product and state. You can add things like prescription drug benefits or dental benefits.

Claims

Claim Process with Unimerica Insurance Company Wisconsin

Life Insurance: If you need to claim your life insurance, give Unimerica a copy of the death certificate, a filled-out claim form, and a copy of the policy. You can send these online, by phone, by mail, or by fax.

Disability Insurance: To claim disability insurance, give Unimerica a filled-out claim form, a note from your boss, and a note from your doctor. You can send these online, by phone, by mail, or by fax.

Accident Insurance: To claim accident insurance, give Unimerica a filled-out claim form, a copy of the police report or proof of the accident, and medical bills or receipts. You can send these online, by phone, by mail, or by fax.

Health Insurance: For a health insurance claim, provide Unimerica with a filled-out claim form, a copy of the explanation of benefits from your main insurer, and the medical bills or receipts. You can send these online, by phone, by mail, or by fax.

Unimerica is quick and fair with claim approvals.

It usually takes around 10 business days to process and pay your claim after getting your documents. They’ll let you know about your claim’s status and outcome by email, phone, or mail.

Financial Details

Premium Costs and Discounts with Unimerica Insurance Company Wisconsin

Competitive Premium Costs: Unimerica has good prices for its products, and the cost depends on what type of coverage you want, how much, and for how long. Your age, health, and other things also affect the price.

Flexible Payment Options: You can pay Unimerica monthly, quarterly, semi-annually, or yearly. You can use a check, credit card, or electronic funds transfer.

Discounts and promotions:

Multi-Policy Discount: If you buy more than one policy, like life and disability insurance, Unimerica gives you a discount.

Healthy Living Discount: If you live healthy by not smoking, exercising, and having a normal body mass index, Unimerica gives you a discount.

Loyalty Discount: If you keep your policy with Unimerica or have been a customer for a long time, you get a discount.

Unimerica pays out a lot of the premiums it collects as claims to customers.

As of 2017, they have a payout ratio of 92.4%, which is higher than the industry average of 86.9%. This shows that Unimerica is financially strong, responsible, and keeps its promises to customers.

FAQs

1.  How can I get a quote from Unimerica Insurance Company?

A: To get a quote from the company, you can call its toll-free number or get in touch with a local agent. Just choose the way that works best for you!

2. How can I cancel or change my policy with Unimerica Insurance Company?

A: If you need to cancel or change your policy with the company, you have a few options. You can send a written request to its address, call the customer service number, or log into your online account. It’s easy to make the changes you need!

3. How do I file a complaint or provide feedback to Unimerica Insurance Company?

A: If you want to share your thoughts with Unimerica, you can fill out an [online form], send an email to its address, or call the customer service number. Your feedback is important, and they have different ways for you to express it.

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