Bankers Fidelity is a health insurance company that specializes in financial products, including Medicare supplements, to help seniors manage their finances after retirement. They were founded in 1955, and are currently operating in over 46 US states.
Bankers Fidelity Affiliated Brand Names
- Bankers Fidelity Life Insurance Company
- BFLIC
- Atlantic American Corporation
- Bankers Fidelity Assurance Company
Company Highlights
- Over 60 years of experience helping seniors meet their insurance needs
- Offering Medicare supplement policies in 46 states and Washington, DC
- Headquarters are located in Atlanta, GA
- A subsidiary of the Atlantic American Corporation
Bankers Fidelity Medicare Plans Offered
Bankers Fidelity specializes in Medicare supplement insurance for anyone 65+ who is currently enrolled in Medicare. This specialization usually means that they are particularly well versed when it comes to Medigap policies.
| Medicare Supplement Plans | YES |
| Medicare Advantage Plans | NO |
| Medicare Part D Drug Plans | NO |
Premium Comparison
It is difficult to know whether or not you are getting a good deal without doing some comparison shopping first. Below is a bar graph with average insurance rates from across the country.
This Table Represents National Average Costs of Medicare Supplement Plans
| Plan Type | Starting From | Part A Deductible | Part B Deductible | Excess | Nursing | Travel | |
|---|---|---|---|---|---|---|---|
| Plan C | $118* | $0 | $0 | Not Covered | 100% Covered | 100% Covered | |
| Plan F | $116* | $0 | $0 | 100% Covered | 100% Covered | 100% Covered | |
| Plan G | $105* | $0 | $233 | 100% Covered | 100% Covered | 100% Covered | |
| Plan B | $104* | $0 | $233 | Not Covered | Not Covered | Not Covered | |
| Plan N | $70* | $0 | $233 | Not Covered | 100% Covered | 100% Covered | |
| Plan D | $97* | $0 | $233 | Not Covered | 100% Covered | 100% Covered | |
| Plan A | $69* | $1,556 | $233 | Not Covered | Not Covered | Not Covered | |
| Plan L | $76* | $389 | $233 | Not Covered | 75% Covered | Not Covered | |
| Plan K | $45* | $778 | $233 | Not Covered | 50% Covered | Not Covered | |
| Plan M | $97* | $778 | $233 | Not Covered | 100% Covered | 100% Covered |
Financial Strength Ratings
Below are the financial strength rating. The ratings were collected from the top three rating agencies: A.M. Best, Moody’s, and Standard & Poor’s. Please note that a “No Rating” entry isn’t necessarily a negative reflection of the company’s practices.
| A.M. Best Rating | A- |
| Standard & Poor’s Rating | No Rating |
| Moody’s Rating | No Rating |
*Ratings as of 1/01/17
Bankers Fidelity Review
They’re well known for helping seniors “claim your life” with the help of their Medicare supplement insurance policies, as well as other financial products. In the last 20 years, they have nearly doubled the number of states where policies are currently available, and they are still growing.
How to Enroll in Bankers Fidelity Medicare Plans
Customers looking to get a rate quote, or learn more about plans have 2 options:
- Call a licensed insurance representative at (877) 910-7579
- Complete an online quote request form
