Peoples Benefit Life Insurance Review & Ratings (2023)

This Peoples Benefit Life Insurance Review will cover Peoples Benefit Life Insurance ratings by real users for overall satisfaction and claims, cost, billing, and service satisfaction. To compare insurance rates from the best companies in your area, enter your ZIP code below.

UPDATED: Mar 23, 2023Fact Checked

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Chris Tepedino is a feature writer that has written extensively about home, life, and car insurance for numerous websites. He has a college degree in communication from the University of Tennessee and has experience reporting, researching investigative pieces, and crafting detailed, data-driven features. His works have been featured on CB Blog Nation, Flow Words, Healing Law, WIBW Kansas, and C...

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Written by Chris Tepedino
Insurance Feature Writer Chris Tepedino

Laura Walker graduated college with a BS in Criminal Justice with a minor in Political Science. She married her husband and began working in the family insurance business in 2005. She became a licensed agent and wrote P&C business focusing on personal lines insurance for 10 years. Laura serviced existing business and wrote new business. She now uses her insurance background to help educate...

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Reviewed by Laura Walker
Former Licensed Agent Laura Walker

UPDATED: Mar 23, 2023

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Company Details
Address: 4333 EDGEWOOD RD NE
City: CEDAR RAPIDS
State: IA
ZIP Code: 52499
Phone Number: (319) 297-8121
Year Founded: 1907
AM Best Rating: N/A
Company Rating 0 (0 reviews)

Looking for a reliable insurance company to provide coverage for your family or business? Peoples Benefit Life Insurance is a great choice.

With over a century of experience and a commitment to personalized service, this company is well-equipped to provide the coverage you need at a price you can afford.

  • Peoples Benefit Life Insurance offers a variety of customizable policies to meet the unique needs of each customer.
  • The company has a long history of providing reliable insurance services to customers, dating back to 1907.
  • Peoples Benefit Life Insurance is committed to excellent customer service and helping customers make informed decisions about their insurance coverage.

Keep reading to learn more about this company’s history, mission, products, and services, as well as discounts and customer reviews.

History and Mission: Peoples Benefit Life Insurance

Peoples Benefit Life Insurance was founded in 1907 in St. Louis, Missouri, and has since grown to become a trusted provider of insurance services to individuals and businesses across several states in the Midwest.

The company’s original mission was to provide affordable life insurance to working-class families, which was a novel concept at the time.

Over the years, Peoples Benefit Life Insurance has expanded its offerings to include a range of insurance products, such as health insurance, disability insurance, and long-term care insurance.

Despite these changes, the company’s mission has remained largely unchanged – to provide high-quality, customizable insurance coverage at a reasonable cost, while also delivering exceptional customer service.

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Where Peoples Benefits Life Insurance is Available

Peoples Benefit Life Insurance offers insurance coverage in several states in the Midwest region of the United States. The states offering Peoples Benefits Life Insurance are as follows:

  • Missouri
  • Illinois
  • Indiana
  • Iowa

It’s worth noting that the specific types of insurance products available, as well as the cost of those products, may vary depending on the state in which you live.

If you’re interested in purchasing insurance from Peoples Benefit Life Insurance, it’s a good idea to contact the company directly to discuss your options and get a personalized quote.

Products Available at Peoples Benefits Life Insurance

Peoples Benefit Life Insurance offers a range of insurance products and services to meet the unique needs of its customers. Here’s a closer look at what the company has to offer:

  • Life insurance: Peoples Benefit Life Insurance offers several types of life insurance policies, including:
  • Term life insurance
  • Whole life insurance
  • Universal life insurance

Customers can choose the coverage amount and duration that best fits their needs and budget.

  • Annuities: Peoples Benefit Life Insurance also offers annuity products that can provide a guaranteed stream of income in retirement. These products include:
  • Fixed annuities
  • Indexed annuities

Customers can choose the type of annuity and the payment structure that best fits their needs and goals.

  • Health Insurance: Peoples Benefit Life Insurance provides a variety of health insurance products, including:
  • Individual health insurance
  • Group health insurance
  • Medicare supplement insurance

Customers can choose the type of health insurance that best fits their needs, whether they are an individual or part of a group.

  • Disability insurance: Peoples Benefit Life Insurance offers disability insurance products that can provide income replacement if a customer is unable to work due to illness or injury.
  • Long-term care insurance: Finally, Peoples Benefit Life Insurance provides long-term care insurance products that can help customers cover the costs of assisted living, nursing home care, and other long-term care services.

Overall, Peoples Benefit Life Insurance’s wide range of insurance products and services can help customers protect their financial future and provide peace of mind for themselves and their loved ones.

Cost of Peoples Benefit Life Insurance

The cost of insurance from Peoples Benefit Life Insurance can vary widely depending on a variety of factors, such as the type of insurance product you’re interested in, the coverage amount you need, your age and health status, and the state in which you live.

Because insurance costs are highly personalized, it’s difficult to provide specific pricing information without more detailed information about your individual circumstances.

However, in general, Peoples Benefit Life Insurance is known for offering affordable insurance products that provide good value for the cost.

If you’re interested in purchasing insurance from Peoples Benefit Life Insurance, it’s a good idea to contact the company directly to discuss your options and get a personalized quote.

This will allow you to get a better sense of what your insurance costs might look like based on your specific needs and circumstances.

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Discounts Available at Peoples Benefit Life Insurance

Peoples Benefit Life Insurance offers a variety of discounts that can help customers save money on their insurance premiums. Here are some of the most common discounts available:

  • Multi-policy discount: If you purchase multiple insurance products from Peoples Benefit Life Insurance, such as life insurance and auto insurance, you may be eligible for a multi-policy discount.
  • Safe driver discount: If you have a good driving record with no accidents or violations, you may qualify for a safe driver discount on your auto insurance policy.
  • Non-smoker discount: If you are a non-smoker, you may be eligible for a discount on your life insurance policy.
  • Group discount: If you are part of a group, such as an employer-sponsored group plan or a professional association, you may be eligible for a group discount on your insurance premiums.
  • Loyalty discount: If you have been a long-time customer of Peoples Benefit Life Insurance, you may be eligible for a loyalty discount on your premiums.

It’s worth noting that the specific discounts available, as well as the eligibility requirements for those discounts, may vary depending on the state in which you live and the insurance products you purchase.

If you’re interested in learning more about the discounts available from Peoples Benefit Life Insurance, it’s a good idea to contact the company directly to discuss your options.

Customer Feedback for Peoples Benefit Life Insurance

Peoples Benefit Life Insurance has received mixed reviews from customers, with some customers praising the company’s affordable rates and excellent customer service, while others have expressed frustration with the claims process or issues with policy cancellations.

On the positive side, many customers appreciate the company’s focus on personalized service and its willingness to work with customers to find insurance solutions that meet their unique needs.

Customers have also praised the company for its competitive pricing and its ability to provide insurance products that offer good value for the cost.

If you’re interested in purchasing insurance from Peoples Benefit Life Insurance, it’s a good idea to research the company carefully and read reviews from other customers to get a better sense of what to expect.

Roundup: Peoples Benefit Life Insurance

In conclusion, Peoples Benefit Life Insurance is a well-established insurance company that offers a range of insurance products, including life insurance and annuities.

The company has a long history of providing quality insurance solutions to individuals and families across a number of states and is known for its affordable rates and excellent customer service.

While the company has received mixed reviews from customers, it remains a popular choice for those seeking personalized service and affordable insurance products.

The company offers a number of discounts to help customers save money on their insurance premiums, and its policies are designed to provide comprehensive coverage for a range of needs.

With careful research and a clear understanding of your insurance needs, you can make an informed decision about whether Peoples Benefit Life Insurance is the right insurance provider for you.

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