Union Central Life Insurance Company

The Union Central Life Insurance Company Overview

The Union Central Life Insurance Company is a UNIFI Company that offers life insurance, disability income insurance and annuities tailored to meet the insurance and investment needs of its customers in the United States. It functions as a subsidiary of Ameritas Holding Company. The Union Central Life Insurance Company was founded in 1867. It was established as a mutual insurance company in Cincinnati, Ohio.

Union Central Life Insurance Company Information

Lines of Insurance:
Life, Disability

States licensed to sell insurance in:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

Type of Insurance Company: Mutual

Name of Parent Company:
UNIFI Companies

Union Central Life Insurance Company Rating: A

Company Financial Status:
Assets & Premiums: 2006 Assets (parent): $17.3 billion
2006 Revenues (parent): $1.763 billion
S&P rating: AA- (very strong)

Services Offered by Union Central Life Insurance Company

Insurance, financial products and services of the company are framed in such a way that it protects and enhances the financial security and quality of life of individuals, families and businesses efficiently. The company’s services include life insurance, annuities, disability income insurance, retirement plans, investments, mutual funds, asset management, and banking and public finance, as well as group dental, eye care, and hearing care insurance.

Benefits and Claims of Union Central Life Insurance Company

There is a variety of life insurance that the company offers. The customers can choose the one that best suites their needs. They are Universal life insurance, variable universal life insurance, whole life insurance, and term insurance. Financial professionals of the company help the customers choose the right life insurance.
Disability income insurance is designed to protect the customer and family from a loss of income that results from an illness or injury. The customers just have to protect their income with disability income insurance from The Union Central Life Insurance Company. There are Non cancelable and Guaranteed Renewable Disability Income Insurance, Guaranteed Renewable Policy, Business Overhead Expense Insurance and Employer-Sponsored Multi-Life Plans.
The company provides several types of annuities which provide for future income payments in exchange for the customer’s present investment. There are immediate annuities that provide a current source of income, fixed annuities that provide a predictable return, Index annuities that provide a predictable return with growth potential and Variable annuities that provide the potential for the maximum potential return.
Union Central Life Insurance Company offers retirement plans too.