Fidelity Life Insurance Review

What's the best way to secure your family financially? All you have to do is just follow the green line.

By: admin Posted: August 30, 2010

The Good

Established Life Insurance Provider • Decent Premiums

The Bad

Offers less amount of coverage in terms of money

Overview

Fidelity Life Insurance was founded in 1896 to provide financially security to middle class Americans in the Midwest. Ever since Fidelity was founded, their membership has grown to become the company it is today with over $20 billion dollars in assets. Fidelity receives an A+ rating in financially security Most importantly is the fact that Fidelity receives a B+ in customer satisfaction. Customers of Fidelity receive top car and top policies to fit their needs.

Policies / Plans

Fidelity offers a variety of individual and business life insurance products. Some of the policies include:

Rapid Decision Term: Fast, hassle-free level death benefit term life insurance product that lasts until age 95.

Rapid Decision Universal Life: Provides flexible premiums coupled with competitive cash-value accumulations. This is an ideal product for those who seek solid life insurance protection, flexibility, and a decent cash accumulation.

Hybrid Life: This policy has both term life features and universal life insurance features. This plan requires a medical exam and takes longer to receive acceptance.

Pricing / Rates

Fidelity offers decent premium prices. Using their fast application service, a quote for their term life insurance policy was $269. This isn't the lowest premium offered but it is nowhere near some of the $400 or $500 premium prices that were given.

Getting A Quote

Fidelity has the fastest application process, hands down. Their online application took 5 minutes and immediate acceptance was given with a competitive quote. You can print out your terms if you accept the policy right away and an agent will then contact you to follow up.

Customer Service

Customer Service at Fidelity was exactly what I was looking to receive. Their agent was friendly, knowledgeable and extremely helpful. The agent offered some advice and tips to make my life much easier which was much appreciated. You won't be disappointed with the customer service at all.

Summary

Overview:

Policies / Plans Rating:

9.7

Policies / Plans:

Fidelity offers a variety of individual and business life insurance products. Some of the policies include: Rapid Decision Term: Fast, hassle-free level death benefit term life insurance product that lasts until age 95. Rapid Decision Universal Life: Provides flexible premiums coupled with competitive cash-value accumulations. This is an ideal product for those who seek solid life insurance protection, flexibility, and a decent cash accumulation. Hybrid Life: This policy has both term life features and universal life insurance features. This plan requires a medical exam and takes longer to receive acceptance.

Pricing / Rates Rating:

Getting A Quote Rating:

Getting A Quote:

Customer Service Rating:

9.0

Overall Rating:

8.60

Fidelity isn't a top three company but it is a solid pick. Their fast application process is great and their customer service is also top quality. However, their policies are limited and the policy amounts were in the lower range compared to other companies. Regardless, consider filling out an application to Fidelity, it won't hurt, and you might just find yourself purchasing from them.