Union National Life Insurance Company, Louisiana: Contact Details, Financial Details, Claims And Coverage Details

Are you searching for a good and not-too-expensive life insurance company in Louisiana? If yes, you should check out Union National Life Insurance Company.

It’s one of the oldest and biggest home service insurance companies in the state.

An image description of the Union National Life Insurance Company, Louisiana
The Union National Life Insurance Company, Louisiana: Your most reliable Life insurer

In this article, we’ll look at the company’s history, what it offers, how it handles money, the types of coverage they have, how you can get money if something happens, and what other people think about it.

We hope this information helps you decide if they’re the right choice for your life insurance.

Contact Details

Phone Number: (225) 292-7600

Address:  3636 S Sherwood Forest Blvd., Ste. 340, Baton Rouge, LA, 70816

Customer Service Contact:  Contact Us

Policy Details:  Policy Service

Email Address: Email Us

Fax Number: (225) 292-7601

Operating Hours: Monday–Friday, 9:00 a.m.–5:00 p.m.

Services And Products

Whole Life Insurance: Union National Life Insurance Company provides plans that cover you for your whole life. Pay your premiums, and you’re covered forever. These plans, like Ordinary Life, Graded Benefit Life, and Modified Premium Life, also let you borrow or take out money over time.

Term Life Insurance: For coverage over a set time, Union National offers Term Life Insurance. It lasts for 10, 20, or 30 years, and it’s usually more affordable. There’s no cash value, but they have plans like Level Term and Decreasing Term that you can renew or change.

Accidental Death Insurance: If something happens because of an accident, Accidental Death Insurance pays a lump sum. It’s cheaper but only covers accidents, not natural causes. Union National has options like the Accidental Death Benefit Rider and Accidental Death and Dismemberment Policy.

Special Packages: Union National combines Whole Life and Accidental Death Insurance in the Family Protection Plan for you, your spouse, and your kids. They also offer international coverage for policyholders traveling or living abroad, with some conditions. There are no short-term policies, but you can cancel anytime without penalty.

Coverage Options

What’s Not Covered: Policy Exclusions

Union National Life Insurance makes sure you know what situations they won’t pay for. Common exclusions include not covering deaths during the first two years unless accidental, deaths from undisclosed pre-existing conditions, deaths during risky activities without special coverage, and deaths due to intoxication or drug misuse.

Limits on What They Pay: Coverage Limits

Union National sets limits on how much they pay. The minimum coverage is $1,000 for whole life insurance and $10,000 for term life insurance. The maximum coverage is $100,000 for whole life insurance and $250,000 for term life insurance. You can buy life insurance from Union National if you’re between 18 and 80 years old for whole life insurance and 18 and 65 years old for term life insurance.

Optional Extras: Add-ons or Riders

Union National lets you add extra features to your policy for more money. They have options like the Accidental Death Benefit Rider, which gives extra money if you die in an accident. There’s also the Disability Income Rider, which pays you if you can’t work because of a disability, and the Guaranteed Insurability Rider, which lets you buy more coverage in the future without a medical exam. They even have the Child Term Rider, which covers your kids until they’re a certain age or get married.

Claims

Easy Steps: Claim Process

Union National Life Insurance Company makes getting your benefits simple. Here’s how:

  1. Tell them about the insured person’s death as soon as possible. You can call, email, or visit their website to report it.
  2. Fill out and send the claim form and the needed documents. You can get the form from their website or ask for it by mail. Required documents include the original or certified copy of the death certificate, the policy document, and any other important papers like police reports or medical records.
  3. Send the form and documents by mail, fax, or email. You can find their contact details on their website or the claim form.
  4. Wait for them to check and process your claim. They’ll look at the information and documents, figure out if you qualify, and decide how much you get. If they need more information, they’ll get in touch with you or your beneficiaries.
  5. Get your benefit payment. They’ll send the money by check, direct deposit, or wire transfer, depending on what you prefer. You’ll also get a confirmation letter and a statement about your benefit.

Proving It’s Real: Required Documents for Claims

To show that the insured person has passed away and that you deserve the benefit, you need to give Union National some documents. Here’s what they usually ask for:

  1. Death Certificate: This official paper says when, where, and why the person passed away. Give them the original or a certified copy.
  2. Policy Document: This document has all the information about the policy, like how much it covers, the premium, and who gets the benefit. Provide the original or a copy.
  3. Other Important Papers: Depending on how and why the person passed away, you might need to give extra documents like police reports, autopsy reports, medical records, the coroner’s report, or the beneficiary’s ID. If they ask for these, give them to the company.

Quick Decision Time: Average Claim Approval Time

Union National moves faster than most. They take about 10 business days to review and approve your claim, which is quicker than the usual 15 business days in the industry. This means you or your beneficiaries can expect to get the benefit within 10 business days after sending in the claim form and the needed documents.

Financial Details

Money Matters with Union National

Keeping Your Money Safe: Financial Strength

When picking a life insurance company, you want one that’s strong and steady with money. Union National Life Insurance Company is just that, and here’s why:

  1. Checking Costs: Premium Costs
    • How much you pay for Union National’s life insurance depends on things like your age, health, and how much coverage you want. You can get a free quote online or by calling them. Compare different plans to find what fits your needs and budget.
  2. Easy Ways to Pay: Payment Options
    • Union National lets you choose how to pay. You can pay monthly, quarterly, semi-annually, or annually. Pay with a check, money order, credit card, debit card, or electronic funds transfer. Or, sign up for automatic payments, taking premiums from your bank account or credit card regularly.
  3. Saving Some Bucks: Discounts and Offers
    • Union National gives you ways to save money. Get discounts for having multiple policies, being loyal, or referring others. Save more by choosing a higher deductible, less coverage, or a shorter term. Keep an eye out for special offers and promotions, like free gifts, coupons, and sweepstakes.
  4. Keeping Promises: Claim Payout Ratio
    • The claim payout ratio is how much a company pays out to policyholders. Union National’s ratio is 98%, which is better than the usual 95%. This means they pay out 98 cents for every dollar they collect in premiums, showing they’re good at keeping their promises.

FAQs

Q: How do I apply for a life insurance policy from Union National?

A: To get a life insurance policy from Union National, talk to our agents in your area. Find their contact information on our website or call our toll-free number. You can also ask for a free quote online or by phone. Our agents will help you choose the right policy and guide you through the application. Depending on what coverage you want, you might need to answer some health questions and have a medical check.

Q: How do I change or update my policy information or beneficiaries?

A: If you want to update your policy information or beneficiaries, contact our customer service. Find their details on our website or in your policy document. Manage your information or beneficiaries online or by phone. Depending on the changes you’re making, you might need to show some proof and documents.

Q: How do I cancel or surrender my policy?

A: To cancel your policy, get in touch with our customer service. Find their contact information on our website or in your policy document. Cancel online or by phone. Depending on your policy’s type and status, you might need to show proof and documents. Keep in mind that there could be fees or charges, and you might lose some benefits or value based on your policy type and how long you’ve had it.

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