Conseco Life Insurance: An Overview

Conseco Life Insurance is a well-known insurance company that offers various insurance policies to individuals and businesses in the United States. The company has been in operation since 1982 and has gained a reputation for providing quality insurance services to its customers.

History of Conseco Life Insurance

Conseco Life Insurance was originally founded in 1979 by Stephen Hilbert in Carmel, Indiana. At the time, the company was known as Security National Life Insurance Company. The company changed its name to Conseco in 1982 and became a publicly traded company in 1985.

Over the years, Conseco has acquired several other insurance companies, including Bankers Life and Casualty Company, Colonial Penn Life Insurance Company, and Wilton Re. These acquisitions have helped the company to expand its insurance offerings and customer base.

Insurance Policies Offered by Conseco

Conseco offers a variety of insurance policies to meet the needs of individuals and businesses. These policies include:

Life Insurance Policies Offered by Conseco

Conseco offers several life insurance policies to meet the needs of its customers. These policies include:

Term Life Insurance

Term life insurance provides coverage for a specific period of time, usually 10, 20, or 30 years. This type of policy is typically the most affordable option and is a good choice for those who need coverage for a specific period of time.

Conseco offers term life insurance policies with coverage amounts ranging from $50,000 to $5 million. Customers can choose between level-premium and annual renewable term policies.

Whole Life Insurance

Whole life insurance provides coverage for the duration of your life and builds cash value over time. This type of policy is typically more expensive than term life insurance, but provides more comprehensive coverage.

Conseco offers whole life insurance policies with coverage amounts ranging from $25,000 to $500,000. Customers can choose between traditional whole life and universal life policies.

Health Insurance Policies Offered by Conseco

Conseco offers various health insurance policies to meet the needs of its customers. These policies include:

Individual Health Insurance

Individual health insurance provides coverage for medical expenses for individuals and their families. This type of policy is typically purchased by those who are self-employed or do not have access to employer-sponsored health insurance.

Conseco offers individual health insurance plans with various coverage options, including deductibles, copayments, and coinsurance.

Group Health Insurance

Group health insurance provides coverage for medical expenses for a group of people, typically employees of a company. This type of policy is typically purchased by companies to provide health insurance benefits to their employees.

Conseco offers group health insurance plans with various coverage options, including deductibles, copayments, and coinsurance.

FAQ about Conseco Life Insurance

What is Conseco Life Insurance’s financial strength rating?

Conseco Life Insurance has an A- (Excellent) rating from A.M. Best, which indicates a strong financial position and the ability to meet its financial obligations.

How can I get a quote for a Conseco insurance policy?

You can get a quote for a Conseco insurance policy by visiting their website or by contacting a Conseco agent.

What is the claims process for Conseco insurance policies?

The claims process for Conseco insurance policies varies depending on the type of policy and the specific circumstances of the claim. Customers can contact their Conseco agent or the company’s claims department for more information.

What is the customer service phone number for Conseco Life Insurance?

The customer service phone number for Conseco Life Insurance is 1-800-525-7662.

Does Conseco offer online account management?

Yes, Conseco offers online account management for its customers. Customers can log in to their online account to view policy information, make payments, and more.

Conclusion

Conseco Life Insurance is a reputable insurance company that offers a variety of insurance policies to meet the needs of individuals and businesses. With a strong financial strength rating and a history of providing quality insurance services, Conseco is a good choice for those in need of insurance coverage.