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Companion Life Insurance

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United States

Founded in

1971 (54 Years)

Founded

Last online: No recent activity


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1.67

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Get to know Companion Life Insurance

    Companion Life Insurance Company has specialized in employee benefits for more than 40 years. For 13 consecutive years, they have earned an A.M. Best rating of A+ (Superior). They currently market insurance products in 45 states and the District of Columbia. The mission of Companion Life Insurance Company is to be a well-managed, customer-focused organization acting in the best interests of its policyholders and marketing partners, operating on a financially sound, growing and diversified basis. Market demand was and continues to be the driving force behind Companion Life's success. From the beginning, they have focused on being responsive to their customers and agents. It is a legacy that began in 1971 and will continue into the future. Companion Life sells True Group (10+ Employees), Trust Group (2 to 9 Employees) and Voluntary products through a network of independent agents and brokers, general agents and managing general underwriters. The products they sell include life, dental, vision, disability and accidental death and dismemberment programs. (Not all products are available in all states.) At Companion Life, they don’t just hear what their customers say — they listen, and they respond. Their dedication to insureds, beneficiaries, employees, business partners and producers is driven by the desire to make a difference. They know it takes knowledge and skill to use what they gain by listening and turn it into solutions. And for us it’s more than policy — it’s simply how they do business. Care and compassion underline every customer service phone call, every handshake between agents, every business decision they make and every product they offer. They successfully serve groups as small as two — to groups with hundreds or thousands of employees. The products they offer are “companions” to medical coverage. And because every customer is unique, all their products are available on a stand-alone or voluntary basis. They carry a strong product line because they encourage their customers to tell us about their needs. Because of their strong customer relationships, they know that when a family has quality dental, hearing, vision, disability and/or life coverage, they’re protecting their health, security and future. Preparing for unforeseen illnesses or events with Companion Life coverage can make all the difference in protecting the stability of families and the lives of their members. That’s a strong impression — and that’s their commitment.

    Industry

    • Financial InsurancePRIMARY

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