At Bluewave Insurance company we are very proud to present our clients with Southern Guaranty Medicare supplement plans. To learn more, give us a call at 800-208-4974. We would be happy to help answer any of your questions.
Southern Guaranty Insurance Company History and Overview
Southern Guaranty insurance company is a property and casualty insurer that started in 1963. The headquarters is located in North Carolina. They have gone through a lot of changes since their humble start in Alabama. Since then they have grown into over 100 employees across their locations in the United States. In addition, they are part of a complex holding company system under the Southern Guaranty Insurance Corporate Family.
Southern Guaranty Financial Strengths and Rating
Southern Guaranty is a very financially stable company, they have over 35 million in revenue and they currently have a B++ (Good) rating from a.m. Best. This rating is only given to companies that have strong credit and have a stable financial background. Meaning, they have demonstrated healthy balance sheets and have continuously performed for their stakeholders and customers.
In addition, Southern Guaranty, even though it’s an older company, has still shown startup qualities. They hyperfocus on their best products and continue to improve it year after year. This has resulted in revenue success and growth within the company. Lastly, SGIC is also part of the Premier Servicing LLC and has given them a Long-term issuer credit rating of “bbb.”
Southern Guaranty Medicare Supplement Insurance Products
Southern Guaranty offers a variety of Medicare supplement products that will help folks over the age of 65 how they can get full coverage. In this article, it will elaborate on Medigap Plan A, Plan F, Plan G, and lastly, Plan N. Southern Guaranty truly prides itself with their innovation and customizes the medicare supplement plans to fit clients’ needs. Whether you have a big budget or a small budget, or a more active or nonactive lifestyle, Southern Guaranty can help you find the right plan.
Here are some of the reasons why folks choose the Southern Guaranty Medicare supplement plans:
- Customized Medicare supplement plans for all budget and health care needs
- Freedom to choose any networks
- Standardized benefits year after year with robust features
- Guaranteed renewable plans, as longs as premiums are paid on time.
It’s clear that Southern Guaranty offers a wide variety of benefits with their Medicare supplement plans. If you would like to learn more or would like a free quote comparison, give us a call at 800-208-4974. One of our experienced insurance agents will be able to assist you with any questions you may have.
Additional Southern Guaranty Insurance Products
Southern Guaranty offers more than just Medicare supplement products. They want to give patients all-around health care costs protection. In that case, they also provide these additional health insurance company products:
- Limited indemnity medicare insurance
- Critical illness insurance
- Short term medical insurance
If you would like to learn more about Southern Guaranty’s insurance products, Medicare advantage plan, drug coverage, prescription drug, or Medicare supplement plans, give us a call at 800-208-4974. At Bluewave Insurance, we would be more than happy to answer your questions and guide you through the process.
In order to sign up for their Medigap plans, you must be Medicare elgible and enrolled in Medicare Part B. In addition, some folks under the age of 65 may qualify if they have a disability or end-stage renal disease. The best time to enroll is also during the open enrollment period. To find out if you qualify or if you need Medigap assistance, give us a call at 800-208-4974.
Southern Guaranty Medigap Plan A
Southern Guaranty offers one of the basic plans which is Medicare supplement Plan A. With this plan, you’ll receive the basic benefits that all Medigap plans have. In addition, you’ll have guaranteed coverage for:
- Part A coinsurance
- Pat B copayment or coinsurance
- Hospice care
- First 3 pints of blood
Even though Medicare supplement Plan A may be a more lean plan, it still can give coverage that can save you out-of-pocket costs. Trying to go on with just basic Medicare Part A and Part B will leave you with 20% of uncovered medical costs. It’s important that you sign up for a Medigap plan, even if it’s Plan A.
To learn more about Medicare supplement Plan A, give us a call at 800-208-4974. We’d be happy to answer any questions you have and provide you a free quote comparison.
Southern Guaranty Medicare Supplement Plan F
Southern Guaranty offers one of the most popular Medigap plans, which is Plan F. This plan is only available to seniors that were eligible for Medicare supplements before January 1, 2020. By far, Plan F has the most comprehensive health plan coverage to offer seniors. Here are some of the reasons why folks choose Plan F for their go-to Medicare supplement plan:
- Foreign travel emergency coverage
- Additional 1 year of hospital coverage
- Part B excess charges
- Preventative care
- Part B deductible
Medigap Plan F offers so much more for policyholders. To learn more about Plan F and to find the best plan for you, give us a call at 800-208-4974, we would be more than happy to offer a free consultation and quote comparison. We understand that finding the right plan for you
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Southern Guaranty Medicare Supplement Plan G
Plan G is also another plan that Southern Guaranty offers that is a great option if you are not eligible for Plan F. This is because Plan G and Plan F are basically the same things except Plan G does not cover Part B high deductibles, that must be paid out of pocket. However, Plan G still covers Part B excess charges, which is a rare thing to see in many other plans.
Here are the highlights of Plan G
- Part A deductible
- Skilled nursing facility
- Preventative care coinsurance
- Part B excess Charges
If you would like to learn more about Plan G or Plan F, give us a call at 800-208-4974. One of our experienced insurance agents would be happy to answer any questions and guide you towards picking the right Medicare supplement plan for your needs.
Southern Guaranty Medicare Supplement Insurance Plans Plan N
Southern Guaranty also offers Medigap policy Plan N which is another affordable plan. The only downside about this plan is that it requires folks to pay a $20 copay for every doctor’s visits and a $50 copay for emergency room visits. If you know you’re going to need a lot of medical care in the future, it’s probably best that you get a more robust plan. However, if you are living a very healthy life and don’t expect to have a lot of medical needs in the future, maybe Plan N might be for you.
Here are some of the benefits of Plan N:
- First 3 pints of blood
- Part B coinsurance
- Part A deductible
- Preventative care
If you would like to learn more about Medicare supplement policy Plan N and how it can help you avoid out-of-pocket costs, give us a call at 800-208-4974. One of our expert insurance agents will be able to assist you with any questions you may have and provide a free quote comparison.
Our Final Recommendations
At Bluewave Insurance we are confident that Southern Guaranty offers some of the best Medicare supplement products and customer service. They have excelled over the years and they have been reliable to their beneficiaries. No matter what, we believe that all seniors should sign up for a Medicare supplement plan that fits their unique needs. Having a Medicare supplement plan can help people avoid high medical costs and save them money in the long run.
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If would like to learn more about Southern Guaranty Medicare Supplement Plans, give us a call at 800-208-4974. One of our experienced insurance agents would be happy to assist you.
Read More:
- Heartland National Medicare Supplement Review
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