Provident Life Insurance Company is a privately held Chattanooga, TN-based Fortune 500 company formerly called Unanimous Group. Unanimous Group was formed by the merger of The Provident Insurance Companies and Unanimous Group in 1999 and includes three separate companies – Unanimous Insurance, Provident Life, and Unanimous GP. The company has been involved in insurance coverage since 1916 and focuses on term insurance products.
Provident Life provides all types of life insurance policies to clients in Tennessee. This company also offers coverage through brokers and agents to customers in other states. They are licensed and regulated by the Tennessee Department of Commerce. Provident’s products are well-known for providing quality coverage at affordable premiums. Some of the policies offered include Universal Life, Whole Life, Term Life, and Endowment, which have different benefits.
Provident’s website contains a wealth of information including their history and products, comparisons between policies, and links to contact information. The company’s policyholders can purchase additional policies through a broker or directly through the company’s Web site.
The company also offers financial planning solutions, including retirement and investment options. Provident plans to continue expanding the services provided by the company by continuing to develop products and services for life, health and annuity plans.
Provident’s policies are not available everywhere. In the United States, these policies are available only through an agent who is licensed by the Tennessee Department of Commerce. In addition to this, policies are only available through brokers and agents in Tennessee. The company encourages its policyholders to obtain an online quote from an approved broker to get an accurate quote for coverage.
The web site provided by Provident includes several pages dedicated to product reviews, product comparisons, and basic information about the company and policies. It has a “Contact Us” page that allows policyholders to connect with the company. It also includes an FAQ section to help policyholders answer any questions they may have. regarding the company’s products and services.
A complete description of Provident’s products and services is available on their website. A brief description of their plans and services is available on their website, too. They also offer toll-free phone numbers in Tennessee for any questions or concerns about their plans. or policies.
There are also many online forums where members of the community to discuss the products and services of Provident. These communities are very informative. The company is listed in the National Association of Insurance Commissioners and in the Southern Insurance Information Directory. This company has also received favorable customer reviews in various business publications including Business Week and the Journal of Commerce.
Provident’s insurance products include: Whole Life Insurance, Term Life Insurance, Health Maintenance Organization (HMO), and Medicare Supplement Plans. Each of these products has their own advantages and disadvantages.
Whole Life Insurance plan is for people who are sure that they will not need to borrow money for their retirement. These plans typically pay dividends when the insured person dies or withdraws the plan’s funds.
Term Life Insurance plan is intended to provide coverage for a specified period of time. The insurer can withdraw the amount of the premium if the insured person dies during this time. It may also be called as whole life insurance or permanent life insurance.
An HMO is designed to give patients more control over their health care than is afforded by a PPO. It allows a patient to choose the doctors, hospitals, and other health care providers. Provident provides a wide variety of health care and prescription drugs in a health maintenance organization. HMO also allows patients to save money on prescription drugs and deductibles.
Medicare supplement plans are designed to give patients a way to secure a long term care policy at the same cost of traditional PPO. Provident plans do not have the limitations associated with HMO.