Zander, located in Nashville, Tennessee, was established in 1925. This insurance company has a term life endorsement from Dave Ramsey and a Better Business Bureau “A+” rating. Although Zander’s website does not offer sample prices, you can use the free quote tool to get an idea of what you might pay for one of the policies it helps you find.
Zander can provide up to $10 million in coverage with terms as long as 30 years. In some situations, you may be eligible for simplified coverage and be able to obtain a policy without taking a medical exam. Despite having partnerships with numerous providers, the company doesn’t have a wide selection of life insurance plans.
It is also worth noting that even after you’ve chosen the policy that best suits your needs, you will only find out your exact rates after you submit an application and get in contact with one of Zander’s representatives.
- Compare multiple quotes
- High coverage amounts
- High financial strength ratings
- Limited options to choose from
- Policies not underwritten by Zander
Zander Insurance Ratings at a Glance
By offering safety and monetary security to their clients, insurance companies play a significant part in risk management. During unexpected events, the company's primary goal is to ensure payment or protection for the family.
Even though each company may have advantages and disadvantages of its own, the main goal is to reduce risks and offer peace of mind. However, finding the right company may be challenging. Zander Insurance, which has been serving customers for almost a century, could be a good choice.
If you've heard of this name, you probably wonder: "Is Zander Insurance legit?" Keep reading to find out more details.
Zander Insurance helps find term life plans and personalized services to provide individuals and families with reliable protection.
Zander Insurance Review
Zander is among the biggest independent insurance agencies in the country. This provider serves its customers with a wide selection of financial products at affordable prices. Thanks to almost 100 years of experience in the insurance industry, Zander is able to provide high-quality services to anyone.
Because it only provides term life insurance, you won't find whole or universal plans in its offer. Customers can buy a policy with confidence since this company only works with insurers that have the highest A.M. Best financial strength ratings. A life insurance provider's financial strength rating tells you more about its ability to pay out claims and deliver its promises.
The customer support staff at Zander has received many excellent reviews from policyholders. The responsiveness, expertise and helpfulness of the agents are highly valued by most clients. Zander offers individualized service, making certain that customers get the help they require throughout the process of buying life insurance.
When it comes to rates, Zander assists clients in making an informed choice by presenting quotes from different providers. By comparing different coverage options, prices and policy terms, the company helps customers make the best life insurance decision for them. As a result, they can choose from a variety of options with confidence and peace of mind.
Zander is renowned for its exceptional customer care, supporting policyholders throughout the procedure of getting life insurance. Its agents are available during the most convenient hours and may be reached on the phone at 800-356-4282. Additionally, you can also contact the team by sending an email to info@zanderins.com.
Despite lacking a mobile app, the company's committed staff of experts serves as the direct point of contact, assisting policyholders with the application process and responding to questions.
In addition to life, home, auto, disability, long-term care and health insurance, Zander is a multifaceted independent agency that provides a range of other services. Its main focus is on term life insurance, but it also offers additional services and products to people and businesses. If you are interested in building cash value on your policy, you might have to look for the best cash-value life insurance providers. Those who are struggling with outstanding debt can look into the best credit life insurance policies.
Term Life Insurance
The low cost of term life insurance makes it a popular recommendation among financial professionals. If you die during the covered term, your beneficiaries receive a death benefit.
You can choose the plan that best meets your needs from a choice of coverage amounts offered by Zander, ranging from $50,000 to $10 million. You can choose between 10, 15, 20, 25 or 30 years. A medical exam is needed for most plans offered by Zander, but you won't need to take one to receive coverage in some cases where the companies use simplified underwriting.
It is advised to compare prices while looking for coverage because it might differ greatly between insurance providers. The pricing algorithms, underwriting standards and risk assessments used by various insurance providers can lead to varied premium costs for the same policy. If you own a business, you may be able to claim the premiums as a business expense.
The following table gives a basic idea of Zander's insurance rates for a 35-year-old female from three major companies.
| Company | Coverage Amount | Coverage Period | Gender | Age | Cost |
| Banner | $500,000 | 10 years | Female | 35 years old | $14 per month |
| AIG | $500,000 | 10 years | Female | 35 years old | $13 per month |
| Protective | $500,000 | 10 years | Female | 35 years old | $13 per month |
Factors to Consider
Insurance companies provide individuals with peace of mind by offering protection and financial stability in the face of unexpected events. However, choosing the right company can be a daunting task since there are so many things to consider. Take a look at the following factors so that you can make an informed decision that aligns with your needs and priorities.
Financial Strength
Before you make a choice, research the financial strength of the provider. The best way to determine whether an insurer will be able to meet its financial responsibilities is to look at ratings from independent rating organizations like A.M. Best. If you choose a financially stable insurer, your beneficiaries will be certain to receive the payouts they were promised.
Affordability
Determine how much money you can comfortably set aside for life insurance premiums by taking a look at your spending plan. Age, health status, the amount of coverage and the kind of policy are some of the variables that can affect premiums. To guarantee that the policy can be maintained over time, a balance between sufficient coverage and affordability must be met.
Coverage Needs
The type of policy that best meets your needs is the one that offers the appropriate level of protection given your unique set of circumstances. If you are married, you can also consider life insurance for married couples. A wise method to safeguard the future of your family is to purchase life insurance, which will help protect your dependents in the event of your passing.
Medical Exam
Traditional life insurance companies ask for a medical exam to evaluate the applicant's health and determine the risk involved. This requirement might be problematic for people with pre-existing health conditions as they might have trouble getting life insurance coverage. Instead of requiring applicants to go through a comprehensive medical exam, several insurance companies provide simple issue policies that only ask a few health-related questions.
How Much Does Life Insurance Usually Cost?
Many factors are taken into account before your provider gives you a direct quote. The type of insurance matters and permanent policies come with higher premiums than term life insurance. Younger people in good health frequently benefit from lower premiums than seniors or those with pre-existing diseases. Because women live longer than males do, they also pay lower premiums.
As an estimate, a 30-year-old male may pay $16 per month but a female may pay less for the same coverage period and amount. With the help of Zander, you can get personalized quotes from various insurance companies while taking into account unique circumstances and coverage preferences to find out the exact cost.
Why You Should Trust Benzinga
Finding the best insurance company to fit your unique needs might be difficult because so many companies provide insurance products. Reliable sources like Benzinga can be helpful, and you can get unbiased information about these companies.
You are guided through the process of analyzing various providers, understanding their offers and comparing their services thanks to the knowledge and wide-ranging financial market coverage offered by Benzinga.
When choosing a provider that fits your needs, you can make an informed decision by relying on credible sources like Benzinga. By doing so, you may obtain insightful knowledge and access trustworthy information.
Conclusion
Zander is not a direct life insurance provider but a company that assists customers in comparing term life insurance quotes. Zander has established a great name in the market by focusing on exceptional customer service. It collaborates with major insurers such as AIG, Banner, Mutual of Omaha and Prudential to provide a range of term insurance policies.
One of the primary advantages of choosing Zander is having access to high coverage amounts. Customers can purchase term life insurance coverage of up to $10 million, which is a large death benefit. Some policies available through this company may not require a medical exam, simplifying the application procedure.
While the company's services are more limited than those of other providers, its affiliations with reputable insurers make it easy for customers to rely on the security and dependability of the coverage they get. These partner insurers have excellent financial ratings and lots of satisfied clients.
Zander remains a reliable choice for people looking for term life insurance with the flexibility to compare prices from various carriers. Its dedication to customer service, generous coverage amounts and association with renowned insurers makes it an invaluable choice for anyone wishing to safeguard their loved ones and guarantee their financial future.
Frequently Asked Questions
Does Dave Ramsey own Zander Insurance?
Dave Ramsey is not the owner of Zander Insurance. While Dave Ramsey and Zander are well-known names in the personal finance world, they are not the same company. Dave Ramsey is a personal finance expert, author and radio host.
How long has Zander Insurance been in business?
Zander has been in operation for almost 100 years. The company has developed and broadened its offers to source a variety of financial products, including long-term care insurance, identity theft protection, disability, health and life insurance.
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Methodology
Benzinga crafted a specific methodology to rank life insurance. To see a comprehensive breakdown of our methodology, please visit our Life Insurance Methodology page.
About Luke Jacobi
Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet. With a background in business operations and management, Luke brings valuable expertise to his position, overseeing various aspects of Benzinga’s operations. His contributions play a crucial role in the company’s success, ensuring efficiency and effectiveness across different departments. Prior to his role at Benzinga, Luke has held positions that have honed his skills in leadership and strategic decision-making. With a keen understanding of the financial industry and a commitment to driving innovation, Luke continues to make significant contributions to Benzinga’s mission of providing high-quality financial news and analysis.