Formerly
called Fortis Health, Time
Insurance Company is a member company of Assurant Health, which is amongst
the leaders when it comes to providing quality and affordable insurance
services to millions of American. Time Insurance has an onerous task of
maintaining its reputation for high quality products, financial stability
and a commitment to the health insurance industry. Undoubtedly, this
reputation is kept intact with the Company offering some of the most
innovative health insurance plans to not-so-affluent Americans.
Time
Insurance Story
Time Insurance has a rich history dating
back by 110 years. Formerly, it was popular as Fortis Health, but with
time, mergers, acquisition, and the need for new business strategies, its
name was changed to the modern-day Time Insurance Story. Like any health
popular insurance company in the US, Time Insurance also started small but
gradually got a positive response from the customers and grew into one of
the leading insurance providers in the US.
Modern
Time Insurance
The modern
Time Insurance is just one of the three underwriting companies of Assurant
Health, the other two being John Alden Life insurance and Union Security
Insurance Company. Put together, these three insurance companies provide
health insurance coverage to almost one million people nationwide. Like
the other underwriting companies, Time Insurance is also financially
responsible for its own insurance products. Through Assurant, Time
Insurance offers Individual Medical and Small Group plans, which include
Health Savings Accounts, Health Reimbursement Arrangements, major
medical plans and a lower cost major medical plans. Time Insurance has
also emerged as numero uno in the list of sellers of temporary
health insurance (Short Term) in the United States.
Time
Insurance and Social Welfare
Time Insurance through Assurant Health
is committed to the social and community development, especially in the
health care sector. The company is an active participant in the community
programs aimed at spreading health education and wellness.
Time
Insurance Accolades
The
recognition to Time Insurance is through Assurant Health, whose financial
ratings are A or A- (Excellent) from A.M. Best, A or
A- (Strong) from Standard and
Poor's, and A2 (Good financial security) from Moody’s. These
positive ratings are testimonies to Time Insurance’s strong business
practices, efficient operations, and warm customer
response.
