History of Bankers Fidelity Insurance
Bankers Fidelity Life Insurance Company, headquartered in Atlanta, GA, and licensed in 46 states and the District of Columbia, has been protecting seniors across the country since 1955. As a wholly owned subsidiary of Atlantic American Corporation, Bankers Fidelity Life Insurance Company and its subsidiary Bankers Fidelity Assurance Company build upon their legacy and anticipate a promising future.
For over 60 years, Bankers Fidelity Life Insurance Company has helped thousands of Americans with reliable insurance coverage. They are known for fast, fair claims and excellent customer service.
As a trusted leader in life and health insurance, they offer innovative products and valuable services. Their strong reputation is backed by industry recognition:
- Named one of the Top 100 Highest Ranking Companies by National Underwriter Life & Health magazine.
- Listed among Ward’s 50 Top Performing Life & Health Insurers.
- Rated A- (Excellent) by A.M. Best Company.
- Holds a 4.7 out of 5-star customer satisfaction rating.
Bankers Fidelity delivers on its promises, providing coverage you can count on.
Who are they?
Bankers Fidelity Life Insurance Company offers life and health insurance plans to help with your needs. Their products include:
- Medicare Supplement Insurance
- Short-Term Care Insurance
- Lump Sum Cancer Insurance
- Hospital Indemnity Insurance
- Final Expense Life Insurance
Their extensive experience in the industry has equipped them with the knowledge and expertise to navigate the complexities of insurance, ensuring that their clients receive the most suitable coverage for their specific requirements. Furthermore, Bankers Fidelity’s focus on customer service means that policyholders can expect prompt and efficient assistance whenever they need it. Whether they have a query about a policy, or a claim, or simply need advice, Bankers Fidelity’s team of professionals is always ready to help.
Medicare Supplement Insurance Plans
Bankers Fidelity’s Medicare Supplement plans help seniors get the coverage they need. Choosing the right health plan can be confusing, but we make it simple. We listen to your needs, explain your options clearly, and help you find the best coverage so you can enjoy life with peace of mind.
Medicare Supplement Insurance Benefits
- Coverage Across the Country: Your coverage is valid anywhere in the country, as long as the doctor or provider accepts Medicare.
- Freedom to Choose Your Healthcare Providers: You can see any doctor or healthcare provider that accepts Medicare.
- Guaranteed Renewable Policy: Your policy can’t be canceled as long as you pay your premiums on time.
- Immediate Coverage for Pre-Existing Conditions: There is no waiting period for coverage of pre-existing health conditions.
- Multiple Payment Options: Benefits can be paid directly to you, your healthcare provider, or the hospital.
- No Waiting Period: Your coverage starts immediately on your policy’s effective date.
Pricing for Medicare Supplement Insurance
Rates can vary depending on the company you choose and where you live. We have provided illustrative rates, but your location might be cheaper or more expensive.
- The rates below were generated from 3 ZIP codes in 3 different states (VA, OH, and WV) for females and Males aged 65 and Non-Tobacco users. Rates vary based on ZIP code, gender, age, and, in some areas, health.
Female: Standard Rates | Male: Standard Rates | |||||
Zip Codes | Plan F | Plan G | Plan N | Plan F | Plan G | Plan N |
20129 | $147.76 | $120.67 | $89.46 | $168.71 | $136.36 | $102.88 |
43081 | $181.87 | $144.20 | $111.99 | $204.60 | $178.45 | $157.49 |
26554 | $243.86 | $194.00 | $134.94 | $270.69 | $228.89 | $135.00 |
- The rates below were generated from 3 ZIP codes in 3 different states (VA, OH, and WV), for females and Males aged 65 and Tobacco users. Rates vary based on ZIP code, gender, age, and, in some areas, health.
Female: Standard Rates | Male: Standard Rates | |||||
Zip Codes | Plan F | Plan G | Plan N | Plan F | Plan G | Plan N |
20129 | $169.93 | $138.47 | $117.62 | $198.22 | $159.24 | $133.00 |
43081 | $221.00 | $180.25 | $136.37 | $255.75 | $202.78 | $156.35 |
26554 | $284.00 | $232.82 | $148.36 | $326.00 | $258.43 | $163.22 |
Short-Term Care Insurance Plan
Fidelity’s Vantage Recovery Short-Term Nursing Facility Confinement insurance allows people to recover from injury and illness in the comfort of their own homes. The majority of individuals requiring knee replacement surgery are between 50 and 80 years old, and almost all insurance plans (99%) limit rehabilitation visits.
Unforeseen events such as accidents and illnesses like hip, knee, and back problems, heart attacks, strokes, cancer, and Alzheimer’s disease can affect anyone—regardless of employment status. Without the right coverage, medical costs can quickly drain your savings. Be prepared and protect your financial future with the right insurance.
Short-Term Nursing Insurance Plan Benefits
- Issue Ages: 18-85
- Daily Benefits: $30-$300 for nursing facility care
- Benefit Periods: 90, 180, 270, or 360 days
- Elimination Period: Choose 0 or 20 days
- Discount: 10% household premium discount for qualified applicants
- Restoration of Benefits: 100% benefit period restored after 6 months of being free from nursing facility care
- No Prior Hospitalization: No need for previous hospitalization to qualify
- Customization: Optional riders for personalized coverage
- Full Coverage for Alzheimer’s and Cognitive Impairments: Alzheimer’s, dementia, and Parkinson’s Disease are covered like any other illness.
Vantage Recovery offers flexible options to fit your needs. Benefit periods range from 90 to 360 days (depending on your state). You can choose to start your benefits on day 1 or day 20 of care.
NOTE: Benefit periods and restoration availability may vary by state.
Lump Sum Cancer Insurance Plan
Bankers Fidelity’s Vantage Care cancer insurance policy provides additional financial protection that surpasses standard health insurance coverage. It is crucial to consider how you and your family would manage financially if you, your spouse, or your child were diagnosed with cancer. This policy helps protect you from unexpected medical expenses.
Cancer Insurance Plan Benefits
- Issue Ages: 18-99 (18-74 for Specified Disease Benefits)
- Benefit Amounts: $5,000 to $75,000
- Lump-Sum Payment: Benefits are paid directly to the policyholder
- Unisex Rates: Rates are the same for all policyholders
- Coverage Options: Individual, individual + spouse, individual + child(ren), and family
- Guaranteed Renewable: Coverage is guaranteed renewable as long as premiums are paid on time
- Customizable: Optional riders are available for flexible coverage
- Protection: The plan can help policyholders cover cancer treatment costs and improve their quality of life.
If you are diagnosed with cancer after the initial 30-day waiting period of obtaining your policy, you will receive a one-time, lump sum cash payment directly to you. This benefit provides financial flexibility, allowing you to allocate the funds as needed.
Common uses for this payment include covering medical expenses such as doctor visits, specialist consultations, treatment options like chemotherapy or radiation, hospital stays, surgical procedures, and diagnostic tests. Additionally, it can alleviate the financial burden of everyday living expenses that may arise due to your illness, such as childcare, transportation costs for medical appointments, lodging for out-of-town treatment, lost income due to time off work, and other unforeseen expenses.
This appointment is meant to alleviate any concerns and there is no-cost or obligation to make a change.
Hospital Indemnity Insurance Plan
If you’re unsure about what to look for in a Hospital Indemnity plan, Bankers Fidelity’s Vantage Flex Plus policy can help. It’s a customizable, supplemental insurance plan designed to assist with hospital costs due to illness or injury, so you can focus on living your life without worrying about medical bills.
Vantage Flex Plus gives you the flexibility to choose the right plan for your needs so that you can focus on living life. Before enrolling, consider these questions:
- How is your health? Even if you’re healthy, accidents or sudden illness can happen. Without enough coverage, these can drain your savings.
- Are you fully covered in an emergency? Vantage Flex Plus helps with hospital confinement costs and offers optional riders for extra support, like family member lodging or non-local transportation.
- Are there coverage gaps in your Medicare Advantage plan? Vantage Flex Plus offers daily benefits between $100 and $750 for hospital stays, with benefit periods from 3 to 31 days. Optional riders let you customize your plan to suit your needs.
NOTE: Benefits may vary by state.
How Vantage Flex Plus Works
- Benefits are paid directly to you unless you choose otherwise.
- You can use the benefits for out-of-pocket costs like co-pays, deductibles, or other expenses not covered by your other insurance while in the hospital.
- Benefits are paid in addition to other insurance payouts.
- The policy is guaranteed renewable for life if premiums are paid on time.
- No deductibles or networks are required.
- 30-day Free Look: If you change your mind within 30 days of receiving your policy, we’ll refund your money when you return the policy.
Optional Benefits:
- Intensive Care Unit (ICU) Admission & Daily Confinement
- Rehabilitation & Skilled Nursing Facility Confinement
- Outpatient Surgical & Diagnostic Exams
- Non-Local Transportation & Family Member Lodging
- Health Screening Benefits
NOTE: Benefits may vary by state.
Final Expense Life Insurance Plan
Bankers Fidelity’s Vantage Secure life insurance helps your family manage costs after you’re gone. It covers expenses like medical bills, credit cards, funeral costs, and other debts. This type of insurance gives your loved ones financial peace of mind during a difficult time.
Get peace of mind with life insurance designed to protect your loved ones. Bankers Fidelity offers coverage for ages 45-85, with no waiting period once your policy is issued. Choose a guaranteed death benefit starting at $3,000, payable to anyone you choose. Your policy also builds cash value for emergencies or gifts.
- Accelerated Death Benefit Rider: If diagnosed with a terminal illness (12-month life expectancy), you can access up to 50% of your policy amount for any need.
- Waiver of Premium Rider: If confined to a hospital or nursing facility for 180+ days, your premiums are waived, so you won’t lose coverage.
NOTE: Benefits may vary by state. Not available in AK, CT, KS, MA, MD, NJ, NY.
How This Plan Works
Enjoy lifelong coverage with fixed benefits and premiums that never change. Your policy can’t be canceled as long as you pay on time, and your death benefit is usually tax-free for your loved ones.
- Guaranteed for Life – No changes to your benefits or premiums.
- 30-Day Free Look – Change your mind within 30 days for a full refund.
The average funeral costs between $6,000 and $9,000, according to the National Funeral Directors Association. While Social Security may provide a one-time $255 payment, it’s not nearly enough to cover funeral expenses. Planning ahead with Final Expense Insurance can help ease the financial burden on your loved ones.
*DISCLAIMER: This information is for general purposes only and should not be considered tax advice. Tax laws vary by state and individual circumstances. Please consult with a qualified tax advisor or financial professional to understand how these benefits may impact your specific tax situation.
Final Expense insurance from Bankers Fidelity helps cover costs beyond just a burial or cremation. It can help pay for a cemetery marker, travel and lodging for family, catering for guests, medical bills, legal fees, credit card debt, and other final expenses. These costs can add up quickly, making an already difficult time even harder. This coverage helps ease the financial burden, so your loved ones can focus on remembering and honoring your life.
Summary
Bankers Fidelity offers a range of insurance plans to help cover medical and final expenses, giving policyholders financial security and peace of mind. Their Medicare Supplement plans provide nationwide coverage, freedom to choose doctors, and no waiting periods for pre-existing conditions. Additional plans include Short-Term Care, Lump Sum Cancer, Hospital Indemnity, and Final Expense Insurance—each designed to fill coverage gaps and ease financial burdens.
With a strong reputation, decades of experience, and highly rated customer service, Bankers Fidelity ensures reliable coverage for seniors and families. Their policies are flexible, customizable, and guaranteed renewable for life, so you can focus on what matters most. Planning ahead with Bankers Fidelity can protect your savings and provide financial relief when you need it most.
Learn more about the Bankers Fidelity Insurance Plans by connecting directly with one of our trusted agents.
Prefer to chat by phone? Give us a call at 1-888-559-0103.
