Symetra Life Insurance: A Comprehensive Guide

Symetra Life Insurance Company is a leading provider of annuities, life insurance, and employee benefit plans in the United States. The company has been in business for over 60 years and has an A (Excellent) rating from A.M. Best, a testament to its financial strength and stability. In this article, we will take a closer look at Symetra Life Insurance and its products to help you make an informed decision about your insurance needs.

What is Symetra Life Insurance?

Symetra Life Insurance Company is a subsidiary of Symetra Financial Corporation, which was founded in 1957 as a subsidiary of Safeco Corporation. In 2004, Safeco sold its life insurance and employee benefits business to a group of private equity firms, which then formed Symetra Financial Corporation as a standalone company. Today, Symetra Life Insurance Company is headquartered in Bellevue, Washington, and has over 2,000 employees across the United States.

What Products Does Symetra Life Insurance Offer?

Symetra Life Insurance Company offers a wide range of products to meet the needs of individuals, families, and businesses. These include:

As you can see, Symetra Life Insurance Company provides a comprehensive suite of insurance and retirement solutions to help you achieve your financial goals.

Why Choose Symetra Life Insurance?

There are several reasons why you might choose Symetra Life Insurance Company for your insurance and retirement needs:

Financial Strength and Stability

As mentioned earlier, Symetra Life Insurance Company has an A (Excellent) rating from A.M. Best, which is a testament to its financial strength and stability. This means that the company has the resources to pay claims and meet its financial obligations.

Product Flexibility

Symetra Life Insurance Company offers a wide range of insurance and retirement products to meet the needs of individuals, families, and businesses. This means that you can customize your coverage to fit your unique needs and circumstances.

Customer Service

Symetra Life Insurance Company has a strong reputation for customer service. The company has won several awards for its customer service, including the “Highest in Customer Satisfaction with Annuities” award from J.D. Power.

Competitive Pricing

Symetra Life Insurance Company offers competitive pricing on its insurance and retirement products. This means that you can get the coverage you need at a price that fits your budget.

How to Get a Quote from Symetra Life Insurance

If you are interested in getting a quote from Symetra Life Insurance Company, you can visit the company’s website or contact a Symetra representative directly. The website has a “Get a Quote” tool that allows you to enter your information and receive a quote online. You can also call the company’s toll-free number to speak with a representative and get a quote over the phone.

FAQ

What is an annuity?

An annuity is a financial product that provides a guaranteed stream of income for a specific period of time or for the life of the annuitant. Annuities are often used as a retirement savings tool.

What is life insurance?

Life insurance is a contract between an insurer and a policyholder, in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured. This provides financial protection for the insured’s loved ones.

What is employee benefits insurance?

Employee benefits insurance provides insurance coverage to employees of a company or organization as part of their compensation package. This coverage can include life insurance, disability insurance, health insurance, and other benefits.

How do I know how much life insurance I need?

The amount of life insurance you need depends on your individual circumstances, including your income, debts, and financial goals. A good rule of thumb is to have enough life insurance to replace 10-12 times your annual income.

Can I change my insurance coverage after I purchase a policy?

Yes, you can usually make changes to your insurance coverage after you purchase a policy. However, there may be restrictions or fees associated with making changes, so it is important to read your policy carefully and speak with your insurance agent if you have any questions.

Conclusion

Symetra Life Insurance Company is a well-established provider of insurance and retirement solutions in the United States. With its financial strength, product flexibility, customer service, and competitive pricing, it is a strong choice for individuals, families, and businesses looking for insurance and retirement solutions. If you are interested in learning more about Symetra Life Insurance Company or getting a quote, visit the company’s website or contact a Symetra representative today.