Fidelity Life Insurance Reviews: An Overview of the Insurance Provider’s Products and Services

Fidelity Life Insurance is a leading provider of life insurance policies in the United States. The company offers a variety of policies that cater to different needs and budgets, ranging from term life insurance to permanent life insurance. In this article, we will take a closer look at the products and services offered by Fidelity Life Insurance, as well as the reviews and ratings it has received from customers.

What is Fidelity Life Insurance?

Founded in 1896, Fidelity Life Insurance is one of the oldest life insurance companies in the United States. The company is headquartered in Chicago, Illinois, and has been providing life insurance policies to customers for over a century. Fidelity Life Insurance is known for its commitment to personalized service, affordability, and flexibility in its policies.

Products and Services Offered by Fidelity Life Insurance

Fidelity Life Insurance offers a wide range of life insurance policies that cater to different needs and budgets. Here are some of the policies offered by the company:

Policy Type
Description
Term Life Insurance
Provides coverage for a specific period of time, usually between 10 to 30 years.
Permanent Life Insurance
Provides coverage for the insured’s lifetime, and may include a cash value component.
Guaranteed Issue Life Insurance
Provides coverage without requiring a medical exam, but may have limitations on coverage amounts.
Accidental Death Insurance
Provides coverage in the event of accidental death or dismemberment.
Final Expense Insurance
Provides coverage for funeral and other end-of-life expenses.

Fidelity Life Insurance Reviews and Ratings

Fidelity Life Insurance has received positive reviews and ratings from customers and insurance industry experts. Here are some of the ratings and reviews the company has received:

Customer Reviews

Fidelity Life Insurance has an A+ rating from the Better Business Bureau, and has received positive reviews from customers on various online review platforms. Customers have praised the company’s affordable premiums, personalized service, and fast claims processing.

Industry Ratings

Fidelity Life Insurance has received high ratings from insurance industry analysts, such as A.M. Best, which has given the company an A- (Excellent) rating for financial strength and stability. The company has also received a Comdex score of 76, which indicates that it is above average in terms of overall financial strength compared to other life insurance providers.

Conclusion

Fidelity Life Insurance is a well-respected provider of life insurance policies, offering a variety of products that cater to different needs and budgets. The company’s commitment to personalized service, affordability, and flexibility in its policies has earned it positive reviews and ratings from customers and industry experts alike. Whether you are in the market for term life insurance or permanent life insurance, Fidelity Life Insurance is worth considering as a provider.

FAQs

What types of life insurance policies does Fidelity Life Insurance offer?

Fidelity Life Insurance offers a variety of policies, including term life insurance, permanent life insurance, guaranteed issue life insurance, accidental death insurance, and final expense insurance.

What is the Better Business Bureau rating of Fidelity Life Insurance?

Fidelity Life Insurance has an A+ rating from the Better Business Bureau.

Does Fidelity Life Insurance require a medical exam for all of its policies?

Some policies, such as guaranteed issue life insurance, do not require a medical exam. However, other policies may require a medical exam depending on the applicant’s age, health history, and other factors.

How fast is the claims processing at Fidelity Life Insurance?

Fidelity Life Insurance strives to process claims quickly and efficiently. In some cases, claims may be processed within 24 hours of submission.

What is the Comdex score of Fidelity Life Insurance?

Fidelity Life Insurance has a Comdex score of 76, which indicates that it is above average in terms of overall financial strength compared to other life insurance providers.