Doing Business With Us Is Easy
We are broker/producer focused and build our processes around the broker/producer. We always look for ways to make it easy for you to do business with us so we can become one of the main carriers you work with on a regular basis. Here are some unique features of our sales programs:
We sell term life insurance to employer groups to help provide financial protection to their families. We work with select IMOs, NMOs, and MGAs, building long term partnerships.
Our Value Proposition
There are many compelling reasons to do business with us. Unlike many large companies in this industry, we do not try to be everything to all people. You can feel comfortable you are working with a niche player with years of experience and happy to be focused on a few target markets with products and services designed around the needs of those markets.
You and your clients can be assured of our financial stability and know we will be here to keep our promise and pay claims when the time comes. Our corporate strategy is built for the long term – ensuring measured, profitable growth. The consolidated AFBA and 5Star Life enterprise has combined assets of $620M and $190M in retained earnings, providing the capital strength necessary to meet our financial obligations, now and in the future. 5Star Life is rated A- Excellent by A.M. Best* and among life insurance companies our size and scope, we are one of the highest rated. 5Star Life exceeds life insurance industry averages in liquidity ratio, net premiums to capital, capital and surplus to liabilities, percent of investment portfolio rated investment grade.**
An important benefit of dealing with a small company is you get to know us and develop personal relationships. We are more responsive to your needs, can be nimble adjusting our processes to fit your requirements, there is less bureaucracy, and fewer layers of management.
*The company is currently rated A- (Excellent), negative outlook, by A.M. Best Company (reconfirmed 3/2/15). A.M. Best, a leading independent analyst of the insurance industry since 1899, has assigned the rating of A- (Excellent) to 5Star Life Insurance Company. The A- (Excellent) rating is the fourth highest of 16 ratings ranging from “A++” (Excellent) to “S” (Rating Suspended).
** As of December 2014.