A Mid-West National Health Insurance Company of Tennessee review leads to Mid-West National Life Insurance Company of Tennessee. It would seem by their name that Mid-West offers life insurance, but they do not. They offer supplemental insurance options to existing clients in a variety of states. They do not sell traditional health insurance plans.
Mid-West National Life Insurance Company of Tennessee has been in existence for over 20 years. They focus their life insurance and supplemental insurance business on those who are self-insured, cannot always afford to purchase an entire traditional health insurance plan, and are in need of supplemental insurance to fill in the gaps in coverage.
Mid-West National Life Insurance Company of Tennessee Philosophy
Mid-West has been purposeful in not selling every type of insurance but instead, has set its focus on supplemental insurance. Supplemental insurance is not necessary for everyone, but for many individuals supplemental insurance is a necessity they cannot afford to live without. Supplemental insurance goes above and beyond the limits and coverage options of traditional health insurance plans.
The best way to assess whether or not you need supplemental insurance is to take an in depth look at your current health insurance plan. When doing so, look for gaps in coverage and ask yourself some questions. For example, does your insurance cover medical expenses if you are injured but not cover injuries due to accidents? If so, you may need accident benefit coverage.
Another way to assess your supplemental insurance needs is to look over your health information and assess your health history. Are you at risk for certain diseases? Do you have a history of certain diseases in your family? Have you had a disease in the past that may reoccur? If you answer yes to any of these questions, you may need supplemental insurance.
Mid-West National Life Insurance Company of Tennessee Products
The types of supplemental insurance offered by Mid-West are:
- Dental coverage
- Vision coverage
- Specified disease coverage
- Cancer coverage
- Essential core care
- Accidental benefit care
Often times, health insurance through an employer will come with dental and vision insurance, but sometimes they do not. Adding supplemental coverage can save money in the long run.
Virtually all health insurance plans come with limits. The limit is the amount of money the insurance company will pay during a year or during the life of the policy. This usually is not an issue for those who are healthy or have the occasion need for treatment. However, for someone who gets cancer or another disease, the limit can be reached quickly when treatment and surgery is considered. In this situation, having cancer or specified disease coverage will take over.
Essential core care coverage goes beyond your health insurance limits when any medical needs arise with the core of your body. This includes your:
Essential core care coverage covers:
- Heart attacks
- Cardiovascular disease
- Respiratory issues
Mid-West National Life Insurance Company of Tennessee Agents
Mid-West National Life Insurance Company of Tennessee agents are highly trained agents who specialize in supplemental insurance knowledge. They not only attend the latest classes and seminars on supplemental insurance, they also go through state training to become licensed to sell the insurance products clients need. Training and licensing are top priorities.
Supplemental insurance is one of the most fluid aspects of the insurance industry. Supplemental insurance options are constantly being added and removed from the list of insurance options available. A company, a state, or even the federal government will issue a new type of supplemental insurance based on research and consumer need. If the insurance is needed by many, it will work, if by only a few it will be cancelled.
Because of this, Mid-West insurance agents have to stay aware of the changes within the insurance market so their clients can be ready for those changes. Agents also assess the needs of individuals before writing an insurance policy. Each individual has different needs and finding the right type of supplemental insurance to meet those needs is important.