Guaranteed Trust Life Insurance Company – How To Find Out

What’s an Alliance Life Insurance company? Alliance Health supplement is a supplement to a comprehensive health plan, usually sponsored by a major health insurer, and provided by Covenant Administrators Incorporated and underwritten by Guarantee Trust Life Insurance Company (GTL). Underwriting is performed by the Guaranty Trust Life Insurance Company of California (GTLC).

As is typical of life insurance policies, a premium is required for Alliance’s health supplement. This premium is based on an estimate of a policyholder’s expected future benefit payments. The premium amounts vary from company to company.

In order to receive a premium payment from the Guaranty Trust Life Insurance Company, the policyholder must complete an application that includes personal information such as social security number, current address, and the birth date of the policyholder and a health questionnaire. All health information submitted is kept confidential.

If your health care provider or the agent of a health plan you are a part of does not accept Alliance health supplement, you may request that the agent accept the program at the time of the application process. When choosing an agent to accept your health plan, it is best to inquire with agents who work with multiple companies.

The policyholder must pay a health supplement premium annually. Premium payments must be made on or before the due date. Payment of the premium will affect your eligibility to receive benefits when you need them most.

If the policyholder does not have medical insurance and has a job that pays at least minimum wage, they may still be eligible to receive benefits. A policyholder who is self-employed and does not have coverage through a major employer, may also be eligible to receive coverage from the Guaranty Trust Life Insurance Company. However, this is an additional expense that must be paid separately.

The amount of health coverage, you’re able to receive depends upon the age and health status of you, your spouse and dependents, as well as the policyholder’s health history and current health conditions. If you or your spouse are in good health, then you will likely qualify for a lower premium. If you or your spouse is considered a high risk to pay a high premium, then you may not qualify. For example, people who smoke, have chronic conditions like diabetes, high blood pressure, heart disease, asthma, or cancer may not be qualified to get a plan.

In addition to the health plan benefits, you’ll also get dental, vision, dental and mental health benefits as well. There is usually a limit to the amount of these benefits that can be obtained. These types of benefits also differ from plan to plan and may also be subject to age, gender and health status.

Health benefits can also be received by other family members, including children. This can make it even more important to be sure that you select an Alliance health supplement insurance company with a solid reputation and proven track record of quality service and quality products. Check the Guaranty Trust Life Insurance Company’s website to find out what past clients think of the company’s products and services.

The Guaranty Trust Life Insurance Company offers health benefit options based on both your current and age. Your policyholder can choose between a standard health plan and a preferred provider network plan. Preferred providers have higher premiums but have better service and quality care. You may want to review the Preferred Provider Organizations’ (PPO) rates, as they will be based on the same type of health plan that you currently have.

To make sure you get the best health plans available to you, always compare the rates of different PPO health plans. Make sure you’re getting the best possible price for your health plan by comparing each policy’s premiums, exclusions, deductibles, co-pays, co-insurance and other fees. It is not uncommon for different health plans to have different deductibles, which makes them more expensive.

It is wise to speak with a Certified Financial Planner (CFP) or an attorney to determine what health benefit coverage you should take out with Guaranty Trust Life Insurance Company. They can provide you with information on whether you’re eligible for a low cost individual, group or family plan. They can also answer any questions that you may have about your specific situation.