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Continental Life Insurance coverage Evaluation [2022]| QuickQuote®

Rachael Brennan has been working within the insurance coverage trade since 2006 when she started working as a licensed insurance coverage consultant for twenty first Century Insurance coverage, throughout which period she earned her Property and Casualty license in all 50 states.
After a number of years she expanded her insurance coverage experience, incomes her license in Well being and AD&D insurance coverage as properly. She has labored for small well being in…

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Written by

Rachael Brennan
Licensed Insurance coverage Agent

Benjamin Carr was a licensed insurance coverage agent in Georgia and has two years’ expertise in life, well being, property and casualty protection. He has labored with State Farm and different danger administration companies. He’s additionally a strategic author and editor with a background in branding, advertising and marketing, and high quality assurance. He has been in navy newsrooms — actually on the frontline of journalism.

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Reviewed by

Benji Carr

Former Licensed Life Insurance coverage Agent

Benji Carr

UPDATED: Jun 29, 2022

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Firm Particulars  
Handle 1021 Reams Fleming Blvd. Franklin TN, 37064
Mum or dad Firm Aetna
Web site
Telephone Quantity 800-264-4000

Should you’re a senior, you recognize that your well being plan is a high precedence. Medicare is a crucial software in guaranteeing seniors have entry to the life insurance coverage they want of their golden years.

Generally Medicare doesn’t cowl all the prices you’ve gotten. There are deductibles, co-pays, and different prices that aren’t included in your Medicare insurance coverage. Continental Life Insurance coverage Firm of Brentwood, Tennessee, provides supplemental insurance coverage to Medicare, so seniors don’t skip a beat of their care.

Who’s Continental Life Insurance coverage?

Continental Life Insurance coverage of Brentwood, Tennessee joined Aetna’s Senior Supplemental insurance coverage basis in 1983. Quickly after, the Continental Insurance coverage Firm was established.

In 2011, Aetna, Continental Life Insurance coverage, and American Continental Insurance coverage merged to make up the ultimate Aetna Senior Supplemental Insurance coverage. The trio has grown right into a profitable firm with greater than 30,000 licensed brokers nationwide.

The businesses supply a wide range of plans:

  •  Medicare complement;
  • Remaining expense complete life insurance coverage; and one thing referred to as.
  • The Safety Collection

Under is an instance of the minimal protection wanted.

Preserve studying to be taught extra about these plans and what Continental Life insurance coverage is.

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Is Continental Life a part of Aetna?

Sure, the American Continental Insurance coverage Firm is a subsidiary of Aetna. Aetna acquired Continental Life in 2011. Right now, Continental Life, American Continental Insurance coverage joined Aetna to collaborate with Medicare supplemental insurance coverage.

So, to the query, “Is American Continental Insurance coverage the identical as Aetna?” Sure, and form of an enormous half.

Aetna is without doubt one of the nation’s main “diversified well being care advantages” corporations, because it calls itself. Aetna at the moment serves tens of millions of seniors similar to offering Medicare Complement insurance coverage. They’re largely ready to do this with the attain of their subsidies.

Is Continental medical health insurance?

Signing on with the Continental Life Insurance coverage Firm, you would wish to fill out a Discover to Applicant Concerning Alternative of Medicare Complement Insurance coverage or Medicare Benefit Kind. This permits recipients to obtain new or altering protection beneath the federal government. That is one in every of a number of methods to safe hole protection for Medicare.

It’s a change in federal protection that must be recorded.

Continental Life Insurance coverage provides a full vary of merchandise and protection varieties:

  • Medicare Complement is a life insurance coverage protection that gives seniors some continuity of their insurance coverage. It helps be sure to can keep on the identical physician’s workplace and go to the identical hospitals.
  • The Safety Collection provides an expansive insurance coverage bundle that features most cancers/coronary heart assault/stroke protection, dental/imaginative and prescient/listening to, residence care, hospital indemnity, and restoration care.
  • Complete life insurance coverage protection, in all probability essentially the most acquainted of the three, covers the monetary stressors that come after the funeral payments are handed out. Remaining expense complete like insurance coverage permits folks to personalize their life insurance coverage.

Continental Life Insurance coverage sells six totally different plans to its protection space. They’re form of onerous to comply with together with, so we’ll hit them briefly with prolonged data within the hyperlinks.

Plans which are offered by means of Continental Life:

  • Plan A
  • Plan B
  • Plan F
  • Excessive Deductible Plan F
  • Plan G
  • Plan N

A great rule to comply with as you’re going by means of these on-line is that the protection will get extra complicated because it goes by means of the alphabet. Continental Life Insurance coverage Firm’s primary set of coverages, similar to Medicare Plan A,  versus the far more complete plans similar to Plan F or Plan G.

For instance, a Supplemental Plan A gives:

Medicare Half A coinsurance and hospital prices – as much as a further 12 months after Medicare advantages are used; Medicare Half B coinsurance or copayment; Blood – the primary 3 pints that could be wanted every year;
Medicare Half A hospice care coinsurance or copayment
All the different insurance policies may have these identical protection classes, however they are going to add different safety.

Try this desk under that lays out the protection of three of the varied Medicare complement insurance coverage choices from Continental Life Insurance coverage.

Continental Life Insurance coverage Firm gives Medicare Complement insurance coverage protection within the following states:

  • Delaware
  • Georgia
  • Idaho
  • Iowa
  • Louisiana
  • Minnesota
  • Rhode Island
  • Wisconsin

Continental Life provides Plans F, G, and N in most states. These plans are federally standardized, which implies all carriers should supply the identical advantages.

This makes buying round straightforward and simple to match charges.

What are the corporate charges for purchasing a life insurance coverage coverage?

Although charges will range relying on ZIP code, gender, age, and well being. Costs are topic to vary, although this quote demonstrates averages.

  • Plan A: $103.13
  • Plan F: $151.02
  • Plan G: $119.87
  • Plan N: $95.63

Once more, all Medicare dietary supplements are federally standardized. Which means that suppliers should supply the identical advantages. You’ll want to analysis what vital components ought to be driving your Medicare complement determination.

Your life insurance coverage quotes are at all times free.

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Is Aetna supplemental insurance coverage good?

Continental Life Insurance coverage Firm is headquartered in Brentwood, Tennessee, for the reason that Eighties. It has a powerful and secure monetary backing and is understood for assembly its commitments.

Aetna has been round for practically 100 years longer than that. In 1853, Aetna Insurance coverage Firm was based because it separated from its mum or dad annuity firm to individually promote life insurance coverage.

Clients usually just like the perks that Aetna provides with its life insurance coverage protection.

For instance, Aetna acknowledges that wholesome clients create decrease and secure charges. So, the corporate provides free train applications paybacks, and gymnasium memberships. After you join as a Continential Life buyer, yow will discover an Aetna Health class at many YMCAs and group facilities.

Continental Life additionally is smart as a pair and as a person.  The corporate has grasped that it’s not insuring the individual, however slightly a family. You and your partner can solely handle one platform for claims and billing to make it simpler for you.

As a further profit for buying collectively, you and your partner could obtain a family low cost primarily based on sure components, similar to ZIP code and subsidiaries out there in your space.

Simply be conscious that Aetna has some limitations to their billing choices. Sadly, Aetna and its subsidiaries don’t settle for bank card funds.

Most insured members have a month-to-month withdrawal come from their checking account, although you would not have to do that. If you wish to ship a test by mail, you possibly can solely do it quarterly, semi-annually, or yearly.

How are the corporate rankings?

A.M. Finest has given Continental Life Insurance coverage Firm of Brentwood, Tennessee and its subsidiary, American Continental Insurance coverage Firm of  Brentwood, Tennessee, an A- wonderful monetary energy score. The sister corporations even have an A in issuer credit score rankings.

The mum or dad firm Aeta has been acknowledged across the nation for varied causes. It’s been acknowledged for its dedication to variety and employment insurance policies, and so forth.

Some others embody:

  • sixty fourth in Newsweeks Inexperienced 100 listing in 2016
  • Prime Fortune 500 firm
  • in 2016, ranked No. 15 on Barron’s Record of Finest Firms.

Aetna has additionally been awarded for bringing folks nearer to their wanted healthcare. In 2014, the Nationwide Enterprise Group on Well being gave Aetna for the third yr in a row the Decreasing Well being Care Disparities Award.

Is Continental Life best for you?

As a part of Aetna Senior Supplemental Insurance coverage, which is a part of the CVS firm, has many choices for these on Medicare. Continental Life, a prong down the ladder of those huge names, is one supplier of those nice choices.

To recap, Continental Life Insurance coverage‘s life insurance coverage protection contains the Medicare Complement, the Safety Collection, and complete life insurance coverage. Aetna is a nationwide chief in well being care, serving nearly 50 million folks.



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