Columbian Life Insurance Review & Ratings (2021)
This Columbian Life Insurance Review & Ratings (2021) review will cover Columbian Life Insurance Review & Ratings (2021) ratings by real users for overall satisfaction and claims, cost, billing, and service satisfaction. The Columbian Life Insurance Review & Ratings (2021) A.M. Best rating is B++. To compare insurance rates from the best companies in your locale, enter your ZIP code below.
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Written by
Chris Tepedino
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Reviewed by
Laura Walker
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UPDATED: Jun 10, 2021
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Buying a life insurance policy is tedious and time-consuming. With so many life insurance companies and products out there, finding the coverage you need from the best insurance companies takes time.
In the early days of insurance, people would have to call individual insurance agents to get quotes over the phone or in person. When insurance companies like Columbian Financial Group started going online, you’d have to go to individual websites. Fortunately, our team of experts has done most of the research for you in this Columbian Life Insurance review. Included is a brief background on the Illinois-based life insurance company and the company’s policies, rates, and more.
Before jumping into this Columbian Life Insurance review, enter your ZIP code into our free onlinetool for affordable life insurance rates from companies in your area. You can get multiple quotes with the click of a button to compare and save with a policy that makes sense for you.
Table of Contents
What insurance products does Columbian Life offer?
The Columbian Financial Group specializes in life policies. They range from those with a full application and medical exam to those that require the bare minimum from consumers. The coverage offered varies as well. There are a wide range of affordable Columbian Life Insurance Company products. Listed on the company’s website are the following:
- Ordinary
- Whole life insurance
- Term life insurance
- Universal life insurance
- Senior Plans
- Preneed
- Final Expense
- Home Service
Ultimately, we recommend researching multiple life insurance companies and their products and rates to find the best life insurance coverage for your needs.
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What are Columbian Life Insurance Company rates?
Unfortunately, Columbian Life Insurance quotes are not readily available online. With that in mind, we included sample rates from some of the top life insurance companies in the United States.
Take a look at the table below of the other companies’ sample rates for a general idea of what Columbian Life Insurance rates are.
| Age, Gender, and Marital Status | New York Life Average Annual Rates | Lincoln National Average Annual Rates | Prudential Financial Average Annual Rates | MassMutual Average Annual Rates | Aegon/Transamerica Average Annual Rates | John Hancock Average Annual Rates | State Farm Average Annual Rates | Average Average Annual Rates |
|---|---|---|---|---|---|---|---|---|
| Single 25-Year-Old Female | $158.00 | $187.00 | $195.00 | $132.00 | $164.00 | $172.50 | $143.00 | $144.07 |
| Single 25-Year-Old Male | $152.00 | $231.00 | $237.00 | $147.00 | $176.00 | $178.30 | $164.00 | $160.19 |
| Married 45-Year-Old Female | $262.00 | $239.00 | $314.00 | $209.00 | $229.00 | $241.50 | $238.00 | $213.50 |
| Married 45-Year-Old Male | $245.00 | $283.00 | $378.00 | $230.00 | $255.00 | $292.10 | $239.00 | $240.44 |
| Single 65-Year-Old Female | $924.00 | $903.00 | $941.00 | $763.00 | $1,139.00 | $937.30 | $684.00 | $801.04 |
| Single 65-Year-Old Male | $1,416.00 | $1,577.00 | $1,412.00 | $1,049.00 | $1,367.00 | $1,380.00 | $955.00 | $1,171.57 |
The best way to find the right insurance company with the best coverage for your needs is to compare multiple companies and their whole and term life insurance quotes and policies. When you narrow it down to a few you like with online quotes, you can compare policy benefits, common questions, and more.
What are Columbian Life Insurance reviews and financial ratings?
A look at Columbian Life Insurance Company’s complaint index report from the National Association of Insurance Commissioners (NAIC) shows that the company has a 1.09 score. This score is also based on nine complaints and is slightly above the expected industry average.
Columbian Life Insurance company’s financial strength is reassuring. The company has an A.M. Best rating of A++, and Columbian Mutual has a rating of A-.
Where Did The Columbian Life Insurance Company Come From?
Columbian Life Insurance Company is an Illinois life insurance company under the Columbian Financial Group. Both companies operate under parent company Columbian Mutual Life Insurance Company, a Binghamton, New York life insurance company.
It is also helpful to note that the company’s correct name is Columbian Life Insurance Company, rather than Columbia Life Insurance.
Columbian Life offers various life insurance plans to families and businesses in all of the areas Columbian Mutual Life and its subsequent companies operate.
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Columbian Life Insurance Review: The Bottom Line
There’s limited information available on the Columbian Life website. However, the company’s financial ratings prove promising. Customer complaints are standard for the industry, but many consumers seem to like their life insurance products.
As always, we highly recommend comparing rates from multiple life insurance companies before deciding to buy Columbian Life Insurance.
If you’re ready to compare life insurance rates, enter your ZIP code into our online tool to get free, instant quotes from life insurance companies in your area.
When i busted them covering up
Ive worked Admin all my life. One thing is for sure: the customer representatives in the Claims Department are rude. They do not listen to your questions because the answers to my questions werent about my question! I had to ask the question again! And it was a totally different answer! Finally i asked to speak her supervisor. My call was answered by guess who? The reps friend covering up for the first person i talked to. Both repres sounded to me like they were high strung individuals who take over your conversation when you dont like their nonsense! By the time i held my ground and asked to speak to the supervisors supervisor [REDACTED NAME] hung up on me! I dont know who they think they are but let me tell you what you are Columbian Life Insurance Company: seems to me by reading the reviews and my experience YOU ARE BULLIES AND SCAM ARTISTS
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Wishing my Mom used a different insurance company
My stepdad was making sure my mom’s policy for my nephew was paid. He passed away leaving me to help my mom pay the premium. An agent gave me a number to make a payment over the phone. I called, and now they’re making me mail it in while lying about taking the payment over the phone. I was going to get a policy for my son, but by the reviews and my experience, that’s ok.
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Liars....
These people are liars and are not taking accountability for their agents. It doesn’t seem to matter how long you’ve been paying.
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Horrible customer service.
Very snooty telephone agents. Got lectured on my stupidity instead of help with my problem. If I could switch I would. Unfortunately I’m stuck because I didn’t die soon enough. Thought they were decent when I didn’t have to actually deal with the home office.
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Agent flipped
Agent flipped and made inappropriate remarks when I refused to switch to different policy, more money for less coverage, he must be kidding. Worst experience ever!!!
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Liars
Columbian Financial Group is a company that manipulates and abuses customers. Luckily, the state of New York’s regulators have fined them for attempting to cheat poor policyholders.
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Great Company, Great Products
CFG has great insurance products that a lot of other carriers simply don’t have, and that is why I chose to go with them. The policy benefits I choose are great and will really help me and my family when something happens.
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Horrible Customer Service
I have the power of attorney for my aunt and uncle. We are getting their final arrangements in order. Prior to meeting with the funeral home to arrange for their final needs” we contacted Columbia customer service. Over the telephone were given values of over $15k on both my aunt and uncle’s policies.
SURPRISE – when asked for this is writing the values were both less than $5,000. When questioned about the discrepancy it was brushed off as simply “Oops sorry. Our error. The person who gave you this information is new…But we’ll use this as a training opportunity.
My question…. was it really an error or did the company conveniently just take $10,000 each from an elderly couple.
My advice “BUYER BEWARE” when dealing with this company.
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awful
awful customer service
awful product
awful management
awful company
the company is backwards in ways of doing business. It took me months to get them to honor my claim even though mine was the most straightforward case possible.
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Buyer be aware of scam
This company assures that when you buy a returnable Life Insurance” All the money you invest would be return at the end of the policy term if you are still alive and even if you decide to cancel such policy-the total amount you invested would be returned to you.
I had the policy just two months, them found a much better option ( NY Life) which not only will return my invested money but it will keep me protected until I die. i canceled columbian iife insurance policy to find out that they wouldn’t returned ANY of the money!
Had contacted them via phone, fax, mail on the 6/28/17 and 6/30/17 and had not received a response more than 15 days later.
Customers are not valued here.
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This company is horrible!!!!
My father in law had life insurance on his wife through Colombian life . His wife was unfortunately murdered , and has had this policy for over 2 years . He needs the money real bad to pay hospital bills and other things. This company Columbian life still has not paid him and it’s been over 4 months!!!! Do not do business with this company they do not care about their customers!!!!!
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HORIBLE TIME SERVICE FOR DECLINE OF A POLICY
MY FATHER HAD THIS POLICY 6000.00 SMALL JUST TO TAKE CARE OF SOME THINGS THIS COMPANY DRTAGGED EVERYTHING OUT FROM DEC WHEN HE PASSED TO NOV TO TELL ME WE FOUND SOME PROBLEM WITH HIS MEDICAL FILE AND HIS ANSWERS ON HIS APPLICATION SO WE DECLINDED HIS POLICY OF COURSE THEY WANT TO JUST MAIL IT TO YOU NOT CALL AND TALK TO YOU JUST SNEAKY AND HORRIBLE UNBELIVEBLE PLEASE KNOW ONE USE THIS COMPANY PLENTY OTHER GOOD COMPANYS OUT THER
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