INSURASALES

Office Address

123/A, Miranda City Likaoli
Prikano, Dope

Phone Number

+0989 7876 9865 9

+(090) 8765 86543 85

Email Address

info@example.com

example.mail@hum.com

Physicians Mutual

Hover on a State to see available Products.

Product Lines

Associated Carriers

No associated Carriers

Products & Plans

Available in: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
  • F
  • A
  • G (High)
  • N
  • F (High)
  • G
  • WI_BASE

Available in: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
  • 10 Year Term L762 (L862)
  • 20 Year Term L762 (L864)
  • 30 Year Term L762 (L865)

Available in: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY

No plans available

Available in: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
  • Juvenile Modified Whole Life L708 (L808)
  • Modified Whole Life with Endowment Option L712 (L812)
  • Juvenile Whole Life L726 (826)
  • Modified Whole Life L770 **
  • Whole Life L730 (L830)**
  • Whole Life L732 (L832)

Available in: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY

No plans available

About

Physicians Mutual was founded in 1902 by Edwin E. Elliott, originally as an insurance provider for doctors. The company’s foundation was built on providing high-quality insurance solutions to healthcare professionals, a unique focus at the time. As Physicians Mutual grew, it expanded its offerings to the general public, diversifying its product portfolio significantly over the decades.

Throughout its history, the company has maintained its commitment to customer service and offering a broad range of insurance solutions. This customer-centric approach has allowed Physicians Mutual to maintain a strong presence in the market and gain the trust of its policyholders.


Physicians Mutual specializes in several key insurance products, catering primarily to seniors but with offerings that cover a wide demographic range. Their core products include: Medicare Supplement Insurance, Term Life, Dental Vision and Hearing, Universal Life Insurance and Cancer and Critical Illness.

Physicians Mutual is financially stable, consistently earning strong ratings from independent rating agencies. The company has been rated A by A.M. Best, reflecting its strong ability to meet its policyholder obligations and prudent management of its financial resources. Physicians Mutual has maintained a robust balance sheet while managing risk effectively, allowing it to remain a reliable partner for its policyholders.

Pros:
- Diverse Product Offering: Physicians Mutual provides a wide range of products, from Medicare Supplement insurance to dental and life insurance, catering to a broad spectrum of needs.

- Customer-Centric Approach: The company’s focus on providing personalized service and its longevity in the market have created a loyal customer base, particularly among seniors.

- Strong Financial Stability: A strong rating from A.M. Best ensures that policyholders can trust the company's ability to fulfill its financial commitments.

- Focus on Niche Products: The company's attention to dental, vision, and hearing coverage, along with cancer and critical illness products, gives it a unique edge in the senior market.

Cons:
- Limited National Visibility: While Physicians Mutual is well-regarded within the markets it serves, it may not have the national brand recognition that larger insurance giants command, which can be a drawback in more competitive areas.

- Product Focus: While its core products serve a niche well, the company does not have the breadth of offerings compared to some larger, more diversified insurers. This may limit options for customers looking for a one-stop-shop insurer.

Conclusion:
Physicians Mutual has carved out a unique niche in the insurance world with a strong emphasis on Medicare Supplement, dental, vision, and hearing insurance. Its long history, solid financial position, and dedication to customer service make it a trusted name in the insurance market, particularly for seniors seeking health and life insurance solutions. For insurance professionals, Physicians Mutual represents a stable, well-regarded option for clients seeking comprehensive supplemental health insurance products. However, its limited national footprint and somewhat narrower product range may present limitations in certain competitive scenarios.

News About Physicians Mutual

Here are some important updates and resources to support your endeavors. Please take a moment to review the following:

  1. News You Can Use: The Ins and Outs of Medicare’s Prescription Payment Plan-M3P will reduce monthly out-of-pocket costs for enrollees, it requires plan sponsors to cover all up-front costs until payments are collected. It's crucial to keep up-to-date of the latest Medicare updates!
  2. Announcement New Agent Quoting Software - The new quoting software can be used on windows-based computers as well as Apple and Android devices. The training manuel is attached and list of live training opportunities listed below.
Process Aug 21, 2024

Mississippi and Solicitation of Medicare Over the Phone Changes

 

Through House Bill 1350, the Mississippi Legislature has made changes to their Telephone Solicitation Act and the Insurance Code surrounding what a Medicare Supplement agent can and cannot do as it relates to the sale of Medicare Supplement.

 

First, as it relates to cold call prospecting, agents cannot initiate a telephone conversation for the sole purpose of soliciting the purchase of a Medicare Supplement policy.  However, agents can initiate a call for the purpose of soliciting a different product (e.g. dental), and then pivot to Medicare Supplement after discussing the other product.

 

Second, if a customer reaches out to discuss Medicare Supplement in response to a lead, television ad, direct mail etc., agents may call and immediately discuss Medicare Supplement.

 

These rules are effective immediately. Please contact your Sales Director or Broker Relationship Manager with any questions you may have.

Process Jul 23, 2024