Aflac Life Insurance Information

Aflac Life Insurance expert review by Neal Frankle. Founded in 1955, Aflac offers whole and term life insurance policies to individuals through their employers, with payment done by payroll deduction only. Aflac offers a variety of insurance policies that include life, auto and even cancer insurance.. Aflac is voluntary supplemental insurance designed to help pay for your out-of-pocket medical costs if and when they pop up. Think of it like insurance for your insurance. An extra safety net. An added layer of feathery protection that could help make your medical bills roll off your back like water off a … well, you know.. About Aflac. Aflac is a Fortune 500 company, providing financial protection to more than 50 million people worldwide. When a policyholder or insured gets sick or hurt, Aflac pays cash benefits fairly, promptly, and often in one day for eligible claims, directly to the insured (unless assigned otherwise).. Aflac is insurance for daily life. We pay cash benefits when you’re sick or hurt to help with expenses that may not be covered by your medical insurance. This is a brief overview only. The plans have limitations and exclusions that may affect benefits payable..

Group Term Life insurance from Aflac means that you could have added financial resources to help with ongoing living expenses as well. The Aflac group Term Life plan benefits:. Aflac's supplemental health insurance plans pay out cash benefits directly to you, in as little as one day, to help you pay for out-of-pocket medical expenses such as copays, deductibles, transportation and child care costs when a serious illness or accident happens.. To help provide relief for Arkansas policyholders affected by the recent flooding, Aflac will provide a premium grace period for affected policyholders, starting May 21, 2019, and ending July 22, 2019. Aflac will suspend cancellation, nonrenewal, and termination of coverage by those in the affected areas..

No. Major medical insurance pays for doctors and hospitals. Aflac coverage is designed to provide you with cash benefits, unless otherwise assigned, to help with daily expenses when you’re sick or hurt—cash to be used as you wish to help you and your family with unexpected expenses.. Aflac SmartClaim ® is available for claims on most individual Accident, Cancer, Hospital, Specified Health, and Intensive Care policies. Processing time is based on business days after all required documentation needed to render a decision is received and no further validation and/or research is required..