Peoples Benefit Life Insurance Review & Ratings (2024)
Discover real user ratings and reviews for Peoples Benefit Life Insurance. Learn about the overall satisfaction, claims experience, cost factors, and customer service. Explore coverage options, discounts, and personalized quotes. Make an informed decision about Peoples Benefit Life Insurance for your insurance needs.
Chris Abrams
Licensed Insurance Agent
Chris is the founder of Abrams Insurance Solutions and Marcan Insurance, which provide personal financial analysis and planning services for families and small businesses across the U.S. His companies represent nearly 100 of the top-rated insurance companies. Chris has been a licensed insurance agent since 2009 and has active insurance licenses in all 50 U.S. states and D.C. Chris works tireles...
Licensed Insurance Agent
UPDATED: Dec 18, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
UPDATED: Dec 18, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
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Peoples Benefit Life Insurance
Average monthly rate for healthy individuals:
N/AA.M. Best rating:
N/AComplaint level:
LowPros
- Strong financial stability.
- Diverse range of insurance products.
- Customer-friendly policies and options.
- Positive customer service reputation.
Cons
- Limited geographic availability.
- Potential for policy restrictions or limitations.
- Rates may not be the most competitive in the market.
- Complex policy structures for some products.
Final Verdict: Review of Peoples Benefit Life Insurance
In conclusion, Peoples Benefit Life Insurance is a well-established insurance company that offers a range of insurance products, including life insurance and annuities.
The company has a long history of providing quality insurance solutions to individuals and families across a number of states and is known for its affordable rates and excellent customer service. While the company has received mixed reviews from customers, it remains a popular choice for those seeking personalized service and affordable insurance products.
The company offers a number of discounts to help customers save money on their insurance premiums, and its policies are designed to provide comprehensive coverage for a range of needs. With careful research and a clear understanding of your insurance needs, you can make an informed decision about whether Peoples Benefit Life Insurance is the right insurance provider for you.
What You Should Know About Peoples Benefit Life Insurance
Welcome to our comprehensive guide on Peoples Benefit Life Insurance. In this article, we delve into key topics such as ratings, coverage options, costs, and customer satisfaction. Whether you’re seeking reliable life insurance or looking to switch providers, we provide valuable insights to help you make an informed decision.
- Peoples Benefit Life Insurance offers a variety of customizable policies to meet the unique needs of each customer.
- The company has a long history of providing reliable insurance services to customers, dating back to 1907.
- Peoples Benefit Life Insurance is committed to excellent customer service and helping customers make informed decisions about their insurance coverage.
To ensure you find the best rates and coverage for your needs, enter your zip code now and compare quotes from top insurance providers. Secure your family’s future with peace of mind and the right insurance protection.
Keep reading to learn more about this company’s history, mission, products, and services, as well as discounts and customer reviews.
History and Mission: Peoples Benefit Life Insurance
Peoples Benefit Life Insurance was founded in 1907 in St. Louis, Missouri, and has since grown to become a trusted provider of insurance services to individuals and businesses across several states in the Midwest.
The company’s original mission was to provide affordable life insurance to working-class families, which was a novel concept at the time. Over the years, Peoples Benefit Life Insurance has expanded its offerings to include a range of insurance products, such as health insurance, disability insurance, and long-term care insurance.
Despite these changes, the company’s mission has remained largely unchanged – to provide high-quality, customizable insurance coverage at a reasonable cost, while also delivering exceptional customer service.
Peoples Benefit Life Insurance Coverage Options
Peoples Benefit Life Insurance offers a range of insurance products and services to meet the unique needs of its customers. Here’s a closer look at what the company has to offer:
- Life insurance: Peoples Benefit Life Insurance offers several types of life insurance policies, including:
- Term life insurance
- Whole life insurance
- Universal life insurance
Customers can choose the coverage amount and duration that best fits their needs and budget.
- Annuities: Peoples Benefit Life Insurance also offers annuity products that can provide a guaranteed stream of income in retirement. These products include:
- Fixed annuities
- Indexed annuities
Customers can choose the type of annuity and the payment structure that best fits their needs and goals.
- Health Insurance: Peoples Benefit Life Insurance provides a variety of health insurance products, including:
- Individual health insurance
- Group health insurance
- Medicare supplement insurance
Customers can choose the type of health insurance that best fits their needs, whether they are an individual or part of a group.
- Disability insurance: Peoples Benefit Life Insurance offers disability insurance products that can provide income replacement if a customer is unable to work due to illness or injury.
- Long-term care insurance: Finally, Peoples Benefit Life Insurance provides long-term care insurance products that can help customers cover the costs of assisted living, nursing home care, and other long-term care services.
Overall, Peoples Benefit Life Insurance’s wide range of insurance products and services can help customers protect their financial future and provide peace of mind for themselves and their loved ones.
Where Peoples Benefits Life Insurance is Available
Peoples Benefit Life Insurance offers insurance coverage in several states in the Midwest region of the United States. The states offering Peoples Benefits Life Insurance are as follows:
- Missouri
- Illinois
- Indiana
- Iowa
It’s worth noting that the specific types of insurance products available, as well as the cost of those products, may vary depending on the state in which you live.
If you’re interested in purchasing insurance from Peoples Benefit Life Insurance, it’s a good idea to contact the company directly to discuss your options and get a personalized quote.
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Peoples Benefit Life Insurance Rates Breakdown
The cost of insurance from Peoples Benefit Life Insurance can vary widely depending on a variety of factors, such as the type of insurance product you’re interested in, the coverage amount you need, your age and health status, and the state in which you live.
Because insurance costs are highly personalized, it’s difficult to provide specific pricing information without more detailed information about your individual circumstances. However, in general, Peoples Benefit Life Insurance is known for offering affordable insurance products that provide good value for the cost.
If you’re interested in purchasing insurance from Peoples Benefit Life Insurance, it’s a good idea to contact the company directly to discuss your options and get a personalized quote. This will allow you to get a better sense of what your insurance costs might look like based on your specific needs and circumstances.
Peoples Benefit Life Insurance Discounts Available
Peoples Benefit Life Insurance offers a variety of discounts that can help customers save money on their insurance premiums. Here are some of the most common discounts available:
- Multi-policy discount: If you purchase multiple insurance products from Peoples Benefit Life Insurance, such as life insurance and auto insurance, you may be eligible for a multi-policy discount.
- Safe driver discount: If you have a good driving record with no accidents or violations, you may qualify for a safe driver discount on your auto insurance policy.
- Non-smoker discount: If you are a non-smoker, you may be eligible for a discount on your life insurance policy.
- Group discount: If you are part of a group, such as an employer-sponsored group plan or a professional association, you may be eligible for a group discount on your insurance premiums.
- Loyalty discount: If you have been a long-time customer of Peoples Benefit Life Insurance, you may be eligible for a loyalty discount on your premiums.
It’s worth noting that the specific discounts available, as well as the eligibility requirements for those discounts, may vary depending on the state in which you live and the insurance products you purchase.
If you’re interested in learning more about the discounts available from Peoples Benefit Life Insurance, it’s a good idea to contact the company directly to discuss your options.
Peoples Benefit Life Insurance’s Digital Resources for Claimants
Ease of Filing a Claim
Filing a claim with Peoples Benefit Life Insurance is a straightforward process, offering multiple convenient options for policyholders. These include online claim submissions, phone support for assistance, and even mobile apps for added accessibility. Policyholders have the flexibility to choose the method that suits them best when filing a claim.
Average Claim Processing Time
While the exact processing time for claims with Peoples Benefit Life Insurance can vary depending on individual circumstances, the company is committed to ensuring timely resolutions. They prioritize providing quick assistance to policyholders during crucial times, aiming for efficient claim processing.
Customer Feedback on Claim Resolutions and Payouts
Customer feedback regarding claim resolutions and payouts at Peoples Benefit Life Insurance has been a mix of positive and negative experiences. Some customers appreciate the company’s efficient handling of claims and prompt payouts.
However, others have expressed concerns about the claims process and issues with policy cancellations. It’s advisable to carefully research and consider customer feedback when evaluating the company’s claims handling.
Digital Resources for Policyholders: Peoples Benefit Life Insurance
Mobile App Features and Functionality
Peoples Benefit Life Insurance offers a comprehensive mobile app designed to enhance the overall customer experience. The app provides convenient access to policy details, facilitates seamless claims submissions, and enables policyholders to monitor their coverage. With a user-friendly interface and extensive functionality, managing insurance on the go becomes effortless.
Online Account Management Capabilities
Peoples Benefit Life Insurance empowers its policyholders with robust online account management capabilities through their online portal. Customers can easily oversee their policies, review coverage specifics, make payments, and access crucial documents. This digital convenience ensures that essential information is readily accessible.
Digital Tools and Resources
To assist customers in making informed decisions about their insurance needs, Peoples Benefit Life Insurance offers a range of digital tools and resources on their website. These resources include educational materials, informative articles, and interactive tools. They are designed to empower policyholders with knowledge and guidance in navigating their insurance options.
How Peoples Benefit Life Insurance Ranks Among Providers
Peoples Benefit Life Insurance faces competition from several key players in the industry, each with its unique offerings. Below, we delve into the main competitors, highlighting their distinguishing features and contributions to the insurance market.
- National Assurance Corporation: National Assurance Corporation competes with Peoples Benefit Life Insurance by offering a wide array of insurance products, including life, health, and retirement solutions. Renowned for their commitment to financial stability and customer satisfaction, National Assurance Corporation has carved a niche for itself in the industry.
- Midwest Security Life Insurance: Midwest Security Life Insurance, with a regional presence akin to Peoples Benefit, caters to customers in the Midwest United States. Known for competitive pricing and a range of coverage options, Midwest Security Life Insurance provides policies such as term life, annuities, and supplemental health coverage.
- Horizon Assurance Services: Horizon Assurance Services distinguishes itself through a commitment to technological innovation and digital customer experiences. Embracing modern trends, they offer user-friendly mobile apps and online portals, simplifying policy management and claims processes.
Navigating the life insurance landscape involves considering the strengths and unique features offered by competitors alongside Peoples Benefit Life Insurance. Each competitor brings distinct advantages, whether it be a focus on innovation, regional specialization, or a commitment to customer satisfaction.
Prospective policyholders are encouraged to explore the offerings of these competitors in-depth, ensuring their chosen provider aligns with their specific needs and preferences in the realm of life insurance.
Customer Feedback for Peoples Benefit Life Insurance
Peoples Benefit Life Insurance has received mixed reviews from customers, with some customers praising the company’s affordable rates and excellent customer service, while others have expressed frustration with the claims process or issues with policy cancellations.
On the positive side, many customers appreciate the company’s focus on personalized service and its willingness to work with customers to find insurance solutions that meet their unique needs.
Customers have also praised the company for its competitive pricing and its ability to provide insurance products that offer good value for the cost.
If you’re interested in purchasing insurance from Peoples Benefit Life Insurance, it’s a good idea to research the company carefully and read reviews from other customers to get a better sense of what to expect.
Frequently Asked Questions
What is Peoples Benefit Life Insurance?
Peoples Benefit Life Insurance is not a type of car insurance, but rather a life insurance company that provides a variety of life insurance products and services.
When was Peoples Benefit Life Insurance founded and where is it located?
Peoples Benefit Life Insurance was founded in 1907 in St. Louis, Missouri.
What is the mission of Peoples Benefit Life Insurance?
Peoples Benefit Life Insurance’s mission is to provide high-quality, customizable insurance coverage at a reasonable cost, while also delivering exceptional customer service.
In which states does Peoples Benefit Life Insurance offer insurance coverage?
Peoples Benefit Life Insurance offers insurance coverage in several states in the Midwest region of the United States. The states are Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Missouri, Nebraska, Ohio, and Wisconsin.
What insurance products are available at Peoples Benefit Life Insurance?
Peoples Benefit Life Insurance offers a range of insurance products, including life insurance, annuities, health insurance, disability insurance, and long-term care insurance.
How much does insurance from Peoples Benefit Life Insurance cost?
The cost of insurance from Peoples Benefit Life Insurance can vary widely depending on a variety of factors, such as the type of insurance product you’re interested in, the coverage amount you need, your age and health status, and the state in which you live. It’s best to contact the company directly to discuss your options and get a personalized quote.
Are there any discounts available at Peoples Benefit Life Insurance?
Yes, Peoples Benefit Life Insurance offers a variety of discounts that can help customers save money on their insurance premiums. The specific discounts available and their eligibility requirements may vary depending on the state in which you live and the insurance products you purchase.
What are customers saying about Peoples Benefit Life Insurance?
Peoples Benefit Life Insurance has received mixed reviews from customers, with some customers praising the company’s affordable rates and excellent customer service, while others have expressed frustration with the claims process or issues with policy cancellations. It’s recommended to research the company carefully and read reviews from other customers to get a better sense of what to expect.
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Chris Abrams
Licensed Insurance Agent
Chris is the founder of Abrams Insurance Solutions and Marcan Insurance, which provide personal financial analysis and planning services for families and small businesses across the U.S. His companies represent nearly 100 of the top-rated insurance companies. Chris has been a licensed insurance agent since 2009 and has active insurance licenses in all 50 U.S. states and D.C. Chris works tireles...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.