Top Aflac Alternatives, Competitors (2024)

FAQs

What is the best alternative to Aflac? ›

Prudential Financial, Inc.

(NYSE:PRU) is one of the best alternatives to Aflac with 18 million customers on board. Prudential Financial, Inc. (NYSE:PRU) provides a range of supplemental health benefits. The company provides coverage for accidents, critical illness, and hospital indemnity.

COLUMBUS, Ga., Feb. 6, 2024 /PRNewswire/ -- Aflac Incorporated has been named to Fortune Magazine's list of World's Most Admired Companies for the 23^rd time, ranking No. 1 in the Insurance: Life and Health category as a long-term investment for the second consecutive year.

Aflac is most highly rated for Work/life balance and Globe Life is most highly rated for Culture. Learn more, read reviews and see open jobs.

Yes, here's what you need to know for Plan Year 2024. On January 1, Voya Financial will replace Aflac as the vendor for Critical Illness and Accident Insurance. They will also offer two new benefit options.

Aflac is a financially sound and competitively priced insurer that provides a wide range of term and whole life policies and riders, adding more flexibility for consumers.

ACCIDENT SPECIFIC-SUM INJURIES BENEFITS: When a Covered Person receives treatment under the care of a Physician for Injuries sustained in a covered accident, Aflac will pay specified benefits ranging from $35–$12,500 for dislocations, burns, skin grafts, eye injuries, lacerations, fractures, concussion, emergency ...

However, short-term disability can be a valuable asset for almost anyone wanting a safety net if they become ill or injured for a few weeks to a few months. Ask your employer if they offer Aflac short-term disability insurance and apply immediately to give yourself extra financial security.

Optional Critical Illness Rider - Pays cash for stroke, heart attack, etc. Aflac is different from major medical insurance; it's insurance for daily living. Aflac pays cash benefits to the policyholder, to use as they see fit. Aflac benefits can help with unexpected expenses.

Has anyone sued Aflac? ›

Doyle LLP Trial Lawyers has filed suit against AFLAC (American Family Life Assurance Company of Columbus) alleging breach of contract, violation of the duty of good faith and fair dealing, violation of the Texas Insurance Code, violation of the Texas Deceptive Trade Practices Act (DTPA), and fraud arising from the ...

Aflac's family of insurers includes American Family Life Assurance Company of Columbus and/or American Family Life Assurance Company of New York, and/or Continental American Insurance Company and/or Continental American Life Insurance Company.

Five independent agencies—A.M. Best, Fitch, Kroll Bond Rating Agency (KBRA), Moody's and Standard & Poor's—rate the financial strength of insurance companies. Each has its own rating scale, its own rating standards, its own population of rated companies, and its own distribution of companies across its scale.

Aflac Incorporated /ˈæflæk/ (American Family Life Assurance Company) is an American insurance company and is the largest provider of supplemental insurance in the United States. It was founded in 1955 and is based in Columbus, Georgia.

The Aflac group disability plan benefits:

Benefits are paid when you are sick or hurt and unable to work, up to 60 percent of your salary (up to 40% in states with state disability). Minimum and Maximum Total Monthly Benefit – $300 to $6,000.

Aflac Vision Insurance may be worth looking into because premiums are affordable, and the benefits can make caring for your eyes less financially stressful in the long run. We recommend chatting with an agent to understand your vision insurance cost estimate better.

We will not pay benefits for confinement to an observation unit, or for emergency room treatment or outpatient treatment.