Since the 1850s, Aetna has been one of the leading healthcare benefits and insurance companies in the U.S. Aetna is a multifaceted company that goes beyond supplying customers with health-related information and resources – it also offers various products and services, such as medical, dental, pharmacy, group life and disability policies, and much more.
Aetna Company History and Highlights
In 1853, Aetna got its start as a life insurance company. Nearly 60 years later, Aetna was the first life insurance company to sell group life insurance, and incorporating group life insurance for businesses became the foundation for the successful international insurance company we know today.
Through reprioritization, corporate restructuring, and acquisitions, Aetna became a more health-focused company specializing in community-based healthcare resources. However, Aetna still offers group policies in life insurance and disability benefits.
Aetna Plans and Riders
Aetna only provides group life insurance, which means they only offer employer-sponsored life insurance policies. Additionally, individuals may be able to purchase supplemental life insurance through riders. Because cost, coverage, and options vary by employer, it is best to call a Principled Life broker or speak with your company’s benefits advisor about Aetna plans and riders.
Riders
- Accelerated death benefit
- Waiver of premium
- Portability
- Conversion
- Child care benefit
- Educational benefit
- Coma benefit
- Passenger restraint and airbag benefit
- Repatriation of remains benefit
Ratings, Reviews, and Complaints
Aetna Life Insurance Company has an NAIC complaint index rating of 1.05, meaning the company receives more complaints than usual based on its industry and size.
Third-Party Financial Strength Ratings
| Standard & Poor’s | A- |
| AM Best | A (Excellent) |
| Fitch Ratings | A+ (Excellent) |
| Moody’s | A2 (Good) |
| Better Business Bureau | A+ |
Why Principled Life Trusts Aetna
Principled Life trusts Aetna because it is one of the oldest and most financially stable insurance companies in the country. Additionally, Aetna’s customer service is top-notch. Based on the complaint index and types of complaints, you can see that Aetna generally satisfies its customers and provides them with overall peace of mind.
