The Ins and Outs of State Mutual Insurance

There are several different insurance companies throughout and around the United States of America, with some of them consistently serving large populations of customers while there are others that offer services to a select few, as they themselves are considered a small business. If you have been reading up on the available insurance companies and you have been looking into setting up a meeting with an agent from a larger company for your Medicare Supplement Insurance needs and wants, you have most likely already heard of a well known insurance company, State Mutual Insurance. Below, we’ll take a deeper look into what the company does on a daily basis along with a little bit of its history.


The History of State Mutual Insurance

Founded nearly one hundred years ago back in 1936, State Mutual Insurance and its agents have since prided themselves in helping older and elderly Americans to reach their Medicare goals through currently available supplement plans. Since its development, State Mutual Insurance has grown into a legal reserve mutual insurer that is currently located and headquartered in the city of Rome, Georgia. State Mutual Insurance now conducts business and offers its services in 41 different states, along with the District of Columbia.  This means that the company has spread throughout the entire country and not just the east coast.

You’ll also want to note that State Mutual Insurance company also has a record of providing the needed benefits to its customers and policyholders when needed. Current records show that since the year 1895, the company has paid an estimated $198,000,000 in dividends, $178,000,000 in death benefits and $307,000,000 in other living benefits including surrender payments, endowment payments, health claims and annuity payments as well as a few more.

What State Mutual Insurance looks like today

Currently led and represented by Delos Yancey, who currently serves as the president and CEO of the company, State Mutual Insurance offers its main product to all qualifying clients. This product is the well known but sometimes confusing world of Medicare Supplement Insurance. This special type of insurance acts as a private party supplement plan for any Medicare insurance plans that in the end, don’t cover all of the client’s needs. There are several different types of Medicare Supplement Insurance, which each and everyone varying due to the projected needs of their customer. Because of the variation, you may find it difficult to understand which plan is the right one for you to decide upon, which makes the need for a qualified agent to explain each one to you in detail even more important to the process.

However, keeping in tune with today’s computer technology, State Mutual Insurance is the first, and currently the only insurance company that offers easy to understand and fill out online applications to all of their clients. These applications allow for customers to easily and conveniently fill in their personal and needed information from the comfort of their own home, which serves as a big deal to many. They also allow clients to receive instance electronic notifications of their personal approval status directly after they have completed the said application. This in turn also saves both time and money, as customers won’t have to set up a face to face meeting and therefore drive to and from the closest office. Of course you still have that option if you’d prefer person to person conversations. As State Mutual Insurance is currently a mutual insurance company, there are no stockholders. Instead the company is owned by its policyholders.

Though there are lots of different insurance companies around the United States of America that offer help to those seeking supplemental insurance policies, currently there is only one that offers an online system designed to speed up the application process while providing a safe and comforting atmosphere, your home. State Mutual Insurance is a company that prides itself on offering such a service and is currently the only company with one on the market.

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