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5 Star Health Insurance Company

If you are looking for 5 Star Health Insurance you will be disappointed. Unfortunately, this is a company that doesn’t exist. There is a Star Health Insurance Company and there are many health insurance companies that claim to offer a 5 star plan for you to consider, but there is no company by this exact name!

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Since there is no 5 Star Health Insurance Company, the remainder of this reviews looks at the 5 Star Life Insurance Company. 5 Star is a subsidiary of 5Star Financial Services and this is a company that focuses on life insurance products for the lower and middle class sector. 5 Star Life was founded in 1997.

5 Star Insurance Company Products

5 Star is not a direct seller of their products; you can only purchase them through your employer. They specialize in group plans through employers as well as through the military, which at one point was the only group to which they sold products.

This life insurance provider has an AM Best rating of A- that they clearly display on their website. In addition, they have a stable outlook, which means that they are able to meet all of their financial obligations for their company from paying their bills to paying out claims.

5 Star sells six life insurance products. These products include:

  1. The Family Protection Plan FPP-CI
  2. The Family Protection Plan FPP-TI
  3. Group Critical Illness
  4. Basic Group Life and AD&D
  5. Voluntary Group Life and AD&D
  6. Executive Level Plans

5 Star Insurance Company Reviews

There isn’t much online about this company. The reason for this is that they don’t sell to individuals and most people don’t really notice their life insurance company when it is provided through an employer unless they actually have to make a claim.

According to the BBB (Better Business Bureau), 5 Star is an accredited business and has been so since 2003. In the past 3 years they have only had four complaints filed against them, three of which were for billing and collection issues and one was for problems with the company’s products.

All of the complaints were resolved to the satisfaction of the customers and 5 Star currently has a rating of A+ with the BBB.

5 Star Insurance Locations

The company is located at:

5Star Life Administrative Office
777 Research Drive
Lincoln, NE 68501
866.863.9753

There is no information on the 5 Star website as to where you can purchase their products, other than through your employer, so they may or may not be available in your state. However, you can contact them through their website to find out if they sell products in your area.

5 Star Insurance Agents

5 Star products are sold via independent agents or brokers. These men and women typically sell products from multiple companies, not just 5 Star, which, for businesses, means that you can use a broker to determine what company is best for your businesses life insurance policies.

In addition, a broker can also help you find the right insurance company for your business as well.

As an individual a broker won’t be able to sell you 5 Star products, but they will be able to present you with quotes from multiple companies that you can consider. A broker doesn’t work for any one particular insurance company, although they do receive a commission for each policy that they sell.

5 Star Insurance Careers

There are two types of positions open at 5 Star. The first position is for Home Office Administration. In order to apply for this job, you will have to live in or near the Lincoln, NE area.

If you are interested in sales or marketing, then there are positions for this as well. The criteria include the need for experience in this field, understand providing per-diem enrollment services, and a willingness to travel.

5 Star Life Insurance and Health Insurance Quotes

Because 5 Star only sells products to businesses, you will not be able to get any quotes from the company. What’s more, if you are looking for health insurance, then this isn’t going to be the company for you.

The good news is that you can get quotes through our free quote tool. This is a fast free way for you to get quotes from multiple health insurance companies without having to leave the comfort of your home.

Enter your zip code below for your free online health insurance quotes today!

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