Bankers Fidelity is a health insurance company that specializes in financial products, including Medicare supplements, to help seniors manage their finances after retirement. They were founded in 1955, and are currently operating in over 46 US states.

Bankers Fidelity Affiliated Brand Names

  • Bankers Fidelity Life Insurance Company
  • BFLIC
  • Atlantic American Corporation
  • Bankers Fidelity Assurance Company

Company Highlights

  • Over 60 years of experience helping seniors meet their insurance needs
  • Offering Medicare supplement policies in 46 states and Washington, DC
  • Headquarters are located in Atlanta, GA
  • A subsidiary of the Atlantic American Corporation

Bankers Fidelity Medicare Plans Offered

Bankers Fidelity specializes in Medicare supplement insurance for anyone 65+ who is currently enrolled in Medicare. This specialization usually means that they are particularly well versed when it comes to Medigap policies.

Medicare Supplement Plans YES
Medicare Advantage Plans NO
Medicare Part D Drug Plans NO

Premium Comparison

It is difficult to know whether or not you are getting a good deal without doing some comparison shopping first. Below is a bar graph with average insurance rates from across the country.

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

Below are the financial strength rating. The ratings were collected from the top three rating agencies: A.M. Best, Moody’s, and Standard & Poor’s. Please note that a “No Rating” entry isn’t necessarily a negative reflection of the company’s practices.

A.M. Best Rating A-
Standard & Poor’s Rating No Rating
Moody’s Rating No Rating

*Ratings as of 1/01/17

Bankers Fidelity Review

They’re well known for helping seniors “claim your life” with the help of their Medicare supplement insurance policies, as well as other financial products. In the last 20 years, they have nearly doubled the number of states where policies are currently available, and they are still growing.

How to Enroll in Bankers Fidelity Medicare Plans

Customers looking to get a rate quote, or learn more about plans have 2 options:

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by Lindsay Malzone, Lindsay Malzone is the Medicare expert for Medigap.com. She's been contributing to many well-known publications as an industry expert since 2017. Her passion is educating Medicare beneficiaries on all their supplemental Medicare options so they can make an informed decision on their healthcare coverage.