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Fortegra Group Insurance

Introduction

Fortegra Group Insurance is a leading provider of insurance solutions for individuals, families, and businesses in the United States. With a rich history dating back to 1978, Fortegra has established itself as a trusted name in the insurance industry. In this article, we will delve into the details of Fortegra Group Insurance, its plans, features, and benefits, as well as compare its offerings to other top insurance providers in the market.

Company Overview

Fortegra Group Insurance is a subsidiary of Fortegra Financial Corporation, a holding company that operates through its subsidiaries in the United States and internationally. Fortegra Group Insurance specializes in providing a range of insurance products, including life insurance, health insurance, disability insurance, and group benefits.

Insurance Plans

Fortegra Group Insurance offers a variety of plans to cater to different needs and budgets. Here are some of the key plans offered by Fortegra:

PlanDescription
Term Life InsuranceProvides coverage for a specified period (10, 20, or 30 years) with a death benefit paid to beneficiaries
Whole Life InsuranceLifelong coverage with a cash value component that grows over time
Disability Income InsuranceReplaces income if you become unable to work due to illness or injury
Group BenefitsEmployer-sponsored plans for employees, including life, disability, and health insurance

Features and Benefits

Fortegra Group Insurance plans come with a range of features and benefits, including:

  • Flexible Premiums: Choose from a variety of premium payment options to suit your budget
  • Riders and Endorsements: Customize your policy with additional features, such as accidental death benefit or waiver of premium
  • Conversion Option: Convert term life insurance to whole life insurance without medical examination
  • Group Discounts: Discounts for employer-sponsored group benefits plans

Comparison with Other Insurance Providers

Here’s a comparison of Fortegra Group Insurance plans with other top insurance providers in the market:

Insurance ProviderTerm Life InsuranceWhole Life InsuranceDisability Income Insurance
Fortegra10, 20, or 30 yearsLifelong coverage with cash valueReplaces income up to 70%
State Farm10, 20, or 30 yearsLifelong coverage with cash valueReplaces income up to 60%
MetLife10, 20, or 30 yearsLifelong coverage with cash valueReplaces income up to 60%
Prudential10, 20, or 30 yearsLifelong coverage with cash valueReplaces income up to 70%

Conclusion

Fortegra Group Insurance offers a range of plans and features to meet the diverse needs of individuals, families, and businesses. While there are other insurance providers in the market, Fortegra’s flexible premiums, riders, and endorsements make it a competitive choice. Before making a decision, it’s essential to compare plans and features to find the best fit for your specific needs.

FAQs

  1. What is the minimum age requirement for Fortegra Group Insurance plans?
    • The minimum age requirement is 18 years for most plans, except for whole life insurance, which has a minimum age requirement of 0-80 years.
  2. Can I cancel my Fortegra Group Insurance plan?
    • Yes, you can cancel your plan at any time, but you may need to provide written notice and surrender any cash value.
  3. How do I file a claim with Fortegra Group Insurance?
    • Contact Fortegra’s claims department at [phone number] or [email address] to initiate the claims process.