What is Symetra Life Insurance?
Symetra Life Insurance is a company that provides a range of insurance products to individuals and businesses across the United States. These products include life insurance policies, annuities, and employee benefit plans. Symetra Life Insurance is headquartered in Bellevue, Washington, and has been in operation for over 60 years.
Symetra offers various types of life insurance policies, including term life insurance, whole life insurance, universal life insurance, and survivorship life insurance. These policies provide different coverage, benefits, and premiums, which allows customers to choose the policy that best suits their needs.
In addition to life insurance, Symetra also provides annuities, which are a type of retirement savings product. There are different types of annuities, including fixed annuities, variable annuities, and indexed annuities, all of which offer different benefits and features.
Symetra Life Insurance provides various online services to their customers, including online account access and customer service. Customers can also send emails or call 1-800-SYMETRA for customer service support.
Overall, Symetra Life Insurance is a trusted and reliable insurance company that provides a range of products to protect individuals and businesses. With over 60 years of experience and a strong reputation for customer service, Symetra is a top choice for those seeking life insurance and other insurance products.
Frequently Asked Questions about symetra life insurance
Symetra provides annuities, life insurance and benefits products to people and businesses nationwide.
Symetra Company History
Today, the company offers annuities, disability insurance, health insurance and life insurance and has $58.6 billion in assets.
Our group life, disability and supplemental insurance - including accident, critical illness and hospital indemnity insurance - are offered through your employer and can help provide financial protection and peace of mind, often at a lower cost than buying it on your own.
A life insurance policy is essentially a contract between an individual and an insurance provider, where the company promises to pay a specified amount of money to the family or beneficiary of the individual, in return for regular payments over a period of time.
Symetra life insurance earned 4 out of 5 stars for overall performance. NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer experience, complaint data from the National Association of Insurance Commissioners and financial strength ratings.
Headquartered in Bellevue, Wash., Symetra Financial Corporation is a diversified financial services company with $58.6 billion in assets at December 31, 2022, and approximately 1.7 million customers and over 2,000 employees nationwide.
A bbb+
Ratings
| Financial Strength Ratings Symetra Life Insurance Company | Credit Ratings Symetra Financial Corporation Senior Unsecured Debt |
|---|
| A.M. Best | A | bbb+ |
| Standard & Poor's | A | BBB |
| Moody's | A1 | Baa1 |
In Overwatch, Symmetra was originally classified as a "Support" class character, meant to provide aid for her team. Her primary weapon, a Photon Projector, has two firing options. The primary fire will connect to an enemy while the trigger is held, doing continuous damage that increases the longer the beam connects.
They provide annuities, life insurance, and employee benefits. The company receives financial ratings of "A" from A.M. Best, "A" from S&P, and "A1" from Moody's. The following are Symetra's fixed (multi-year guaranteed) annuity and income annuity products offered in the marketplace.
In insurance, there are 7 basic principles that should be upheld, ie Insurable interest, Utmost good faith, proximate cause, indemnity, subrogation, contribution and loss of minimization.
Life insurance covers the insured person's life. So if you pass away while your policy is active, your beneficiaries can use the payout to cover whatever they choose - medical bills, funeral costs, education, loans, day-to-day costs, and even savings.
By net premiums written
| Rank | Company | Country |
|---|
| 1 | UnitedHealth Group | United States |
| 2 | Ping An Insurance | China |
| 3 | China Life Insurance | China |
| 4 | Centene Corporation | United States |
India
Life Insurance: India surpasses China, UK to become 10th largest life insurer globally, ET BFSI.
Ranking of the 20 largest insurance companies according to Forbes
| Rank | Company | Country |
|---|
| 1 | UnitedHealth Group | United States |
| 2 | Ping An Insurance Group | China |
| 3 | Allianz | Germany |
| 4 | AXA Group | France |
Who are the largest property and casualty insurance companies? State Farm is the largest property and casualty insurance in the United States, with more than $70 billion in premiums in 2021. The rest of the top five insurers are Berkshire Hathaway, Progressive, Liberty Mutual and Allstate.
Best life insurance companies
- Best overall: Northwestern Mutual.
- Best for customer satisfaction: State Farm.
- Best for seniors: Mutual of Omaha.
- Best for term life insurance: Guardian.
- Best for whole life insurance: MassMutual.
- Best for universal life insurance: Pacific Life.
