Assured Life Association is one of many Fraternal Benefit Societies established to combine the “basic principles of brotherhood, good citizenship and the values of human dignity” into insurance plans for their clients. As a fraternal society, they provide a wide variety of products – including insurance policies and annuities – to their members.
Company Highlights
- Founded in 1890
- Provides insurance and financial services in 37 states
- Promotes the principles of human dignity and fraternal brotherhood
- A not-for-profit organization
Assured Life Medicare Plans
Depending on how a company does business, they may offer a variety of Medicare plans, or very few. As you can see, Assured Life Association chooses to focus on Medicare Supplement insurance.
| Medicare Supplement Plans | YES |
| Medicare Advantage Plans | NO |
| Medicare Part D Drug Plans | NO |
Assured Life Association Premium Comparison
Take a look at the chart below. It’s important to compare premiums across different insurance companies. This way, you get the best available value, and also the best plan for your budget. Keep in mind, though, that the graph below compares US averages nationwide. For specific quotes near you, it may be necessary to contact an insurance agent directly.
This Table Represents National Average Costs of Medicare Supplement Plans
| Plan Type | Starting From | Part A Deductible | Part B Deductible | Excess | Nursing | Travel | |
|---|---|---|---|---|---|---|---|
| Plan C | $118* | $0 | $0 | Not Covered | 100% Covered | 100% Covered | |
| Plan F | $116* | $0 | $0 | 100% Covered | 100% Covered | 100% Covered | |
| Plan G | $105* | $0 | $233 | 100% Covered | 100% Covered | 100% Covered | |
| Plan B | $104* | $0 | $233 | Not Covered | Not Covered | Not Covered | |
| Plan N | $70* | $0 | $233 | Not Covered | 100% Covered | 100% Covered | |
| Plan D | $97* | $0 | $233 | Not Covered | 100% Covered | 100% Covered | |
| Plan A | $69* | $1,556 | $233 | Not Covered | Not Covered | Not Covered | |
| Plan L | $76* | $389 | $233 | Not Covered | 75% Covered | Not Covered | |
| Plan K | $45* | $778 | $233 | Not Covered | 50% Covered | Not Covered | |
| Plan M | $97* | $778 | $233 | Not Covered | 100% Covered | 100% Covered |
Financial Strength Ratings
Knowing the financial strength of a company can help you gauge whether or not they will be there for you to help with medical bills and pay out claims in the future. There are three major entities which rate the financial strength of most insurance companies: A.M. Best, Moody’s, and Standard & Poor’s:
| A.M. Best Rating | No Credit Rating |
| Standard & Poor’s Rating | No Credit Rating |
| Moody’s Rating | No Credit Rating |
However, just because a company like Assured Life Association does not have a credit rating, does not mean it is not financially solvent. The fact that they are a not-for-profit organization may inhibit their ability to receive a standard evaluation.
Assured Life Association Review
Assured Life Association is known as a not-for-profit fraternal society based out of Colorado. They were founded in the late 1800’s with the goal of providing affordable, dignified financial and insurance products for their clients.
The financial surpluses that they take in are returned to the community in the form of college scholarships and grants for youth programs. For anyone who appreciates a company founded on the principles of strong community ties and fraternal principles, Assured Life Association is a strong contender.
How to Compare Assured Life Association Medicare Plans
Customers looking to get a rate quote, or learn more about plans have 2 options:
- Call a licensed insurance representative at:(877) 910-7579
- Complete an online quote request at:
https://www.medigap.com/form/
