United American Insurance Company

United American Insurance Company offers a wide variety of private health insurance policies with various different options. The provide plans that offer the flexibility of choosing your own physician as well as specialists and hospitals. United American currently offers policies for ten of the standardized Medicare supplemental insurance plans. They provide Plans A, B, C, D, F, G, K, L and N as well as HDF in most states.

All of the Medicare supplemental insurance plans provided by United American Insurance Company offer hospitalization benefits as well as other basic benefits. The company offers various different plans for those with Medicare who require additional coverage. The supplemental plans offered by United American are the same as those offered by other companies although the deductibles may be different. You should check the deductible for the plan that you require and then compare it with deductibles and premiums from other companies to choose the plan that best suits your individual needs.

In addition to private health insurance and Medicare supplemental coverage, United American Insurance Company also offers a variety of life insurance options. Life insurance is a necessity these days particularly for those who do not have retirement accounts and who have family that will be left behind to bear the financial stress. When determining how much life insurance coverage you need there are a few things that you will need to keep in mind. Many experts recommend choosing a life insurance policy that is no less than five times your annual income. For instance if you earn $60,000 per year then you should choose a life insurance policy that is equal to $300,000 in coverage. Again, it is important to do a bit of research before you choose a life or health insurance policy to ensure that you are getting the specific coverage that you need. United American offers many different options with regards to life insurance and a number of different payment methods as well.

The company offers whole life coverage which is a good choice for people who want to build up cash for the future. Whole life policies provide premiums that are based on your issue age. Many also offer an option that allows you to cash them in after a specific period of time and some provide a paid up option which means that after a specified amount of time your payments are paid for life. For instance, a whole life policy with a paid up option of fifteen years means that your premiums will stop after fifteen years and the policy is completely paid for.

United American also offers term life insurance policies which are a good choice for those who only need or want coverage for a specified amount of time. Term life policies are typically available for one, five and ten year time periods. Once that time period has passed the coverage on the policy is terminated. You do have the option of renewing the policy however for another term if you choose. Term life insurance policies do not build cash value so they cannot be traded in for cash after a specified amount of time. They do provide larger coverage amounts for much lower premiums however but rates may increase each time you renew the policy.

With any insurance policy, comparing costs is important. United American Insurance Company has a website that allows consumers to learn more about their specific insurance products as well as request quotes for any of the insurance products that they offer. Simply visit the site and choose the policies that most interest you. You can submit your information and then wait for your quote from the company in order to compare the premiums and policy information against other companies.

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