Protect Your Future with Bankers Standard Insurance Company

Bankers Standard Insurance Company is a leading provider of insurance products and services to the financial services industry. It offers a wide range of products, including life insurance, disability insurance, annuities, and long-term care insurance.

Bankers Standard is a Fortune 500 company with over $20 billion in assets. It has been in business for over 100 years and has a strong reputation for financial stability and customer service. The company is headquartered in Des Moines, Iowa, and has operations in all 50 states.

Bankers Standard is a key player in the financial services industry. It provides insurance products and services to banks, credit unions, and other financial institutions. The company's products help to protect financial institutions and their customers from financial risks.

Bankers Standard Insurance Company

Financial strength
Product range
Customer service
Industry expertise
Innovation
Community involvement
Long-term commitment

Bankers Standard is committed to providing its customers with the highest quality insurance products and services. The company's financial strength, product range, customer service, and industry expertise make it a leading provider of insurance solutions for the financial services industry.

Financial strength

Financial strength is a key indicator of an insurance company's ability to meet its financial obligations to its policyholders. It is a measure of the company's financial stability and its ability to withstand adverse economic conditions.

Capitalization

Capitalization is a measure of the company's financial resources. It includes the company's assets, liabilities, and equity. A well-capitalized company is better able to withstand financial shocks.
Reserves

Reserves are funds that the company sets aside to cover future claims. A strong reserve position indicates that the company is well-prepared to meet its obligations to its policyholders.
Underwriting profitability

Underwriting profitability is a measure of the company's ability to generate profits from its insurance operations. A profitable company is better able to maintain its financial strength.
Claims-paying ability

Claims-paying ability is a measure of the company's ability to pay claims in a timely manner. A strong claims-paying ability indicates that the company is committed to meeting its obligations to its policyholders.

Bankers Standard Insurance Company has a strong financial strength rating from A.M. Best, a leading insurance rating agency. This rating indicates that Bankers Standard is a financially sound company that is able to meet its financial obligations to its policyholders.

Product range

Bankers Standard Insurance Company offers a wide range of insurance products and services to the financial services industry. This product range includes life insurance, disability insurance, annuities, and long-term care insurance.

Life insurance

Bankers Standard offers a variety of life insurance products, including term life insurance, whole life insurance, and universal life insurance. These products can be used to provide financial protection for families and businesses in the event of the death of the insured individual.
Disability insurance

Bankers Standard offers disability insurance products that can provide income protection in the event that the insured individual is unable to work due to a disability. These products can help to protect individuals and their families from the financial impact of a disability.
Annuities

Bankers Standard offers a variety of annuity products that can provide guaranteed income for life. These products can be used to help individuals save for retirement or supplement their retirement income.
Long-term care insurance

Bankers Standard offers long-term care insurance products that can provide coverage for the costs of long-term care, such as nursing home care or assisted living. These products can help to protect individuals and their families from the financial burden of long-term care.

Bankers Standard's wide range of insurance products and services makes it a leading provider of insurance solutions for the financial services industry. The company's products are designed to meet the needs of financial institutions and their customers, and they provide financial protection against a variety of risks.

Customer service

Customer service is a key component of any business, and it is especially important in the insurance industry. Bankers Standard Insurance Company is committed to providing excellent customer service to its policyholders and agents.

Responsiveness

Bankers Standard's customer service representatives are available to answer questions and help policyholders with their insurance needs. The company offers a variety of ways to contact customer service, including phone, email, and chat.
Knowledge

Bankers Standard's customer service representatives are knowledgeable about the company's products and services. They can answer questions about coverage, premiums, and claims.
Courtesy

Bankers Standard's customer service representatives are courteous and professional. They treat policyholders with respect and understanding.
Efficiency

Bankers Standard's customer service representatives are efficient and responsive. They handle inquiries quickly and accurately.

Bankers Standard's commitment to customer service is evident in its high customer satisfaction ratings. The company has received numerous awards for its customer service, including the J.D. Power Award for Customer Satisfaction.

Industry expertise

Industry expertise is a key component of Bankers Standard Insurance Company's success. The company has a deep understanding of the financial services industry, and this expertise allows it to develop and offer products and services that meet the specific needs of financial institutions and their customers.

Bankers Standard's industry expertise is evident in its product range. The company offers a wide range of insurance products and services that are designed to meet the needs of financial institutions, including life insurance, disability insurance, annuities, and long-term care insurance. These products are tailored to the specific risks that financial institutions and their customers face, and they provide financial protection against a variety of risks.

Bankers Standard's industry expertise is also evident in its customer service. The company's customer service representatives are knowledgeable about the financial services industry and the insurance products and services that Bankers Standard offers. They can answer questions about coverage, premiums, and claims, and they can help policyholders with their insurance needs.

Bankers Standard's industry expertise is a valuable asset to the company and its customers. The company's deep understanding of the financial services industry allows it to develop and offer products and services that meet the specific needs of financial institutions and their customers. This expertise also allows Bankers Standard to provide excellent customer service, which is essential in the insurance industry.

Innovation

Innovation is a key driver of success in the insurance industry. Bankers Standard Insurance Company is committed to innovation, and this commitment is evident in its products, services, and processes.

Product innovation

Bankers Standard is constantly developing new products and services to meet the changing needs of its customers. For example, the company recently introduced a new line of life insurance products that are designed to meet the specific needs of financial institutions and their customers.
Service innovation

Bankers Standard is also committed to innovating its services. For example, the company recently launched a new online portal that allows policyholders to manage their accounts and view their policy information online.
Process innovation

Bankers Standard is also innovating its processes. For example, the company recently implemented a new claims processing system that has significantly reduced the time it takes to process claims.
Technology innovation

Bankers Standard is also committed to technology innovation. For example, the company recently launched a new mobile app that allows policyholders to access their policy information and manage their accounts on their smartphones.

Bankers Standard's commitment to innovation has helped the company to become a leader in the insurance industry. The company's innovative products, services, and processes have helped it to meet the changing needs of its customers and to stay ahead of the competition.

Community involvement

Community involvement is a key component of Bankers Standard Insurance Company's corporate social responsibility program. The company is committed to giving back to the communities it serves, and it does so through a variety of initiatives, including:

Employee volunteerism

Bankers Standard employees are encouraged to volunteer their time to local charities and non-profit organizations. The company provides paid time off for employees to volunteer, and it also matches employee donations to charities.
Corporate giving

Bankers Standard provides financial support to a variety of charitable organizations, including those that focus on education, healthcare, and the arts. The company also supports local community events and initiatives.
Community partnerships

Bankers Standard partners with local organizations to provide financial support and volunteer assistance. For example, the company partners with the United Way to provide financial assistance to local charities, and it also partners with local schools to provide mentoring and tutoring programs.
Board service

Bankers Standard employees serve on the boards of directors of a variety of local non-profit organizations. This allows the company to share its expertise and resources with the community, and it also helps to build relationships between the company and the community.

Bankers Standard's community involvement program is a valuable asset to the company and the communities it serves. The company's commitment to giving back to the community helps to build relationships, create a positive reputation, and attract and retain employees. It also helps to make the communities it serves stronger and more vibrant.

Long-term commitment

Bankers Standard Insurance Company is a company with a long-term commitment to its customers, employees, and the communities it serves. This commitment is evident in the company's history, its products and services, and its corporate social responsibility initiatives.

Customer commitment

Bankers Standard is committed to providing its customers with the highest quality insurance products and services. The company's products are designed to meet the needs of financial institutions and their customers, and they provide financial protection against a variety of risks. Bankers Standard is also committed to providing excellent customer service, and its customer service representatives are available to answer questions and help policyholders with their insurance needs.
Employee commitment

Bankers Standard is committed to its employees. The company offers a variety of employee benefits, including competitive salaries, health insurance, and retirement plans. Bankers Standard also provides its employees with opportunities for professional development and advancement. The company's commitment to its employees has helped it to attract and retain a talented and dedicated workforce.
Community commitment

Bankers Standard is committed to the communities it serves. The company supports a variety of charitable organizations, including those that focus on education, healthcare, and the arts. Bankers Standard also supports local community events and initiatives. The company's commitment to the community helps to build relationships, create a positive reputation, and attract and retain employees. It also helps to make the communities it serves stronger and more vibrant.

Bankers Standard Insurance Company's long-term commitment to its customers, employees, and the communities it serves is a key component of the company's success. This commitment has helped Bankers Standard to become a leading provider of insurance products and services to the financial services industry.

FAQs about Bankers Standard Insurance Company

Here are some frequently asked questions about Bankers Standard Insurance Company, a leading provider of insurance products and services to the financial services industry.

Question 1: What types of insurance products does Bankers Standard offer?

Bankers Standard offers a wide range of insurance products, including life insurance, disability insurance, annuities, and long-term care insurance. These products are designed to meet the needs of financial institutions and their customers, and they provide financial protection against a variety of risks.

Question 2: Is Bankers Standard a financially stable company?

Yes, Bankers Standard is a financially stable company. The company has a strong financial strength rating from A.M. Best, a leading insurance rating agency. This rating indicates that Bankers Standard is able to meet its financial obligations to its policyholders.

Question 3: Does Bankers Standard offer good customer service?

Yes, Bankers Standard is committed to providing excellent customer service. The company's customer service representatives are knowledgeable about the company's products and services, and they are available to answer questions and help policyholders with their insurance needs.

Question 4: Is Bankers Standard committed to innovation?

Yes, Bankers Standard is committed to innovation. The company is constantly developing new products and services to meet the changing needs of its customers. Bankers Standard is also committed to innovating its services and processes to improve the customer experience.

Question 5: Is Bankers Standard involved in the community?

Yes, Bankers Standard is involved in the community. The company supports a variety of charitable organizations, including those that focus on education, healthcare, and the arts. Bankers Standard also supports local community events and initiatives.

Question 6: Is Bankers Standard committed to its employees?

Yes, Bankers Standard is committed to its employees. The company offers a variety of employee benefits, including competitive salaries, health insurance, and retirement plans. Bankers Standard also provides its employees with opportunities for professional development and advancement.

These are just a few of the frequently asked questions about Bankers Standard Insurance Company. For more information, please visit the company's website.

Bankers Standard Insurance Company is a leading provider of insurance products and services to the financial services industry. The company offers a wide range of products, including life insurance, disability insurance, annuities, and long-term care insurance. Bankers Standard is committed to providing excellent customer service, and it is a financially stable company with a strong commitment to innovation and community involvement.

Tips from Bankers Standard Insurance Company

Here are some tips from Bankers Standard Insurance Company to help you protect your finances and plan for the future:

Tip 1: Get adequate life insurance. Life insurance can provide financial protection for your family in the event of your death. It can help to pay for funeral expenses, outstanding debts, and other expenses that may arise after your death.Tip 2: Protect your income with disability insurance. Disability insurance can provide you with income if you are unable to work due to a disability. This can help to protect your financial security and ensure that you can continue to meet your financial obligations.Tip 3: Plan for retirement with an annuity. An annuity can provide you with a guaranteed income for life. This can help to ensure that you have a secure financial future and that you can maintain your standard of living in retirement.Tip 4: Protect yourself from the costs of long-term care. Long-term care insurance can help to pay for the costs of long-term care, such as nursing home care or assisted living. This can help to protect your assets and ensure that you can receive the care you need without having to worry about the financial burden.Tip 5: Review your insurance coverage regularly. Your insurance needs may change over time, so it is important to review your coverage regularly to make sure that you have the right amount of insurance protection.Tip 6: Work with a qualified insurance agent. A qualified insurance agent can help you assess your insurance needs and recommend the right insurance products for you.Summary:By following these tips, you can help to protect your finances and plan for the future. Bankers Standard Insurance Company is a leading provider of insurance products and services, and we are committed to helping our customers achieve their financial goals.

Conclusion

Bankers Standard Insurance Company is a valuable resource for financial institutions and their customers. The company's products and services can help to protect financial institutions and their customers from a variety of risks. Bankers Standard is also committed to giving back to the communities it serves, and the company supports a variety of charitable organizations and initiatives.

Bankers Standard Insurance Company is a trusted partner for financial institutions and their customers. The company's commitment to providing excellent customer service, financial stability, innovation, and community involvement makes it a valuable resource for the financial services industry.