ReliaStar Life Insurance Company: A Comprehensive Overview

reliastar life insurance company

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ReliaStar Life Insurance Company, a subsidiary of Voya life Holdings Inc., is a historic institution in the U.S. insurance landscape. With its roots tracing back to 1885, when it was incorporated as Northwestern National Life Insurance Company, ReliaStar has grown into a prominent financial services provider in the United States.

 Its journey of expansion included the acquisition of North Atlantic Life Insurance Company of Jericho, NY, in 1967 and Northern Life Insurance Company of Seattle in 1977. By 1995, these companies were unified under the single, recognizable brand – ReliaStar.

When it comes to securing your financial future, choosing the right life insurance company is paramount. In this blog post, we aim to raise awareness about ReliaStar Life Insurance Company and provide you with a comprehensive understanding of their offerings.

relia star life insurance Company Background

ReliaStar Life Insurance Company, a subsidiary of Voya Holdings Inc., has a rich history dating back to its founding in 1885. Based in Minneapolis, Minnesota, ReliaStar has grown into a reputable provider of annuities, life insurance, retirement services, reinsurance, and other financial offerings. As part of the Voya Financial Group, they benefit from a strong group affiliation and a commitment to serving their policyholders.

Company Profile: ReliaStar, a proud member of the Voya Financial Group, traces its roots back to 1885. Known initially as Northwestern National Life Insurance Company, it burgeoned into a financial services giant. The company’s impressive growth is further highlighted by its acquisitions of North Atlantic Life Insurance Company and Northern Life Insurance Company, paving the way for consolidation under the ReliaStar brand in 1995.

Location and Contact: Headquartered in Minneapolis, Minnesota, ReliaStar operates with the NAIC Company Code 67105. For those seeking more information or wishing to connect, the company’s address is 5780 Powers Ferry Road NW, Atlanta, GA 30327. Contact can be made via phone at (877) 884-5050, and further details are available on their website here.

Founding Years: The roots of ReliaStar extend back to the late 19th century when it was established in 1885. Known initially as Northwestern National Life Insurance Company, the company’s journey has been marked by resilience, growth, and a commitment to financial well-being.

Corporate Mergers: Over the years, ReliaStar solidified its presence through strategic mergers. In 1967, the acquisition of North Atlantic Life Insurance Company was a significant milestone, followed by the addition of Northern Life Insurance Company in 1977. These entities were harmonized under the ReliaStar brand, creating a unified force in the insurance landscape.

ReliaStar Branding: The year 1995 witnessed the culmination of various entities under the singular ReliaStar brand. This strategic move streamlined operations and enhanced the company’s ability to offer a comprehensive suite of financial products and services.

Product Portfolio: ReliaStar stands out for its diverse product portfolio, encompassing annuities, life insurance, retirement services, reinsurance, and various financial offerings. This expansive range ensures that individuals and businesses find tailored solutions to meet their specific needs.

Distribution Strategy: Setting itself apart, ReliaStar distributes its insurance products through independent life insurance agents. This personalized approach ensures that customers receive guidance and support from knowledgeable professionals, adding a human touch to the insurance experience.

Financial Strength: ReliaStar’s economic strength is evident in its impressive metrics. With assets totaling $11,935,876,644 and liabilities at $10,151,558,108, the company maintains a robust capital and surplus of $1,784,318,536, resulting in a secure assets-to-liability ratio of 117.58%.

Expert Insights: As an industry expert, it’s clear that ReliaStar’s enduring legacy, coupled with its diverse product offerings and robust financial standing, positions it as a reliable choice in the insurance sector. The company’s commitment to customer-centric distribution through independent agents adds an extra layer of trust.

voya life insurance | special characters

    1. All Insurance: ReliaStar provides a one-stop solution with its “All Insurance” coverage, offering a versatile policy that combines elements of life, health, and disability insurance. This comprehensive approach ensures policyholders have a robust safety net, covering a spectrum of risks.
    2. Accident Insurance: Designed to provide financial support in the event of accidental injuries, ReliaStar’s Accident Insurance offers coverage for medical expenses, hospital stays, and additional benefits to ease the financial burden associated with unforeseen accidents.
    3. Term Life Insurance: ReliaStar’s Term Life Insurance is a straightforward and cost-effective option for those seeking coverage for a specific period. It provides a death benefit to beneficiaries if the policyholder passes away during the specified term.
    4. Disability Income Insurance: Safeguard against the financial impact of disability with Raliastar insurance. It provides a steady income stream if the policyholder becomes unable to work due to a covered disability, ensuring financial stability during challenging times.
    5. Voya Protect: Voya Protect is a unique offering from ReliaStar, encompassing a range of insurance products to provide holistic protection. This comprehensive suite may include life insurance, disability income insurance, and other coverage options, offering an all-encompassing safety net.
    6. Critical Illness Insurance: Recognizing the financial strain that vital illnesses can impose, ReliaStar’s Critical Illness Insurance provides a lump-sum payment upon diagnosis of a covered condition. This financial support enables policyholders to focus on recovery rather than worrying about mounting medical expenses.
    7. Hospital Indemnity Insurance: Hospital stays can incur significant costs beyond medical treatment. ReliaStar’s Hospital Indemnity Insurance addresses these additional expenses by providing a cash benefit for each day spent in the hospital, offering financial relief during challenging times.
    8. Survivorship Life Insurance: Also known as second-to-die insurance, Survivorship Life Insurance covers two individuals, typically spouses. The death benefit is paid out after both policyholders have passed away, providing estate planning benefits and financial protection for heirs.
      • Accident insurance
      • Term life
      • Disability Income
      • Voya protect
      • Critical illness insurance
      • Hospital Indemnity Insurance
      • ReliaStar Life Insurance Company
      • Survivorship life

      Product Portfolio: ReliaStar Life Insurance Company distinguishes itself through a comprehensive product portfolio that caters to various financial needs and circumstances. Here’s a closer look at some of their key offerings:

Voya Life insurance Range of Insurance Products Offered

At ReliaStar, they understand that every individual has unique insurance needs. That’s why they offer a diverse range of insurance products tailored to meet those needs. From term life insurance to whole life insurance, annuities, and retirement services, ReliaStar provides options that cater to various financial goals and circumstances. Their comprehensive offerings ensure that you can find the coverage that suits you best.

Unique Selling Points

What sets ReliaStar apart from other life insurance providers? One of their key advantages is their commitment to exceptional customer service. With ReliaStar, you can expect prompt and professional assistance at every step of your insurance journey. Their knowledgeable representatives are dedicated to helping you navigate the complexities of life insurance, ensuring that you make informed decisions for yourself and your loved ones.

Customer Service Experience

When it comes to life insurance, having a provider that genuinely cares about your well-being is crucial. ReliaStar prides itself on delivering outstanding customer service. Don’t just take our word for it – their satisfied customers can attest to their dedication and support. Time and time again, ReliaStar’s commitment to going the extra mile has left a lasting impression on policyholders.

Claims Process and Payout Speed

In the unfortunate event of a claim, ReliaStar understands the importance of a smooth and efficient process. Their streamlined claims process ensures that you receive the support and financial assistance you need when you need it the most. With ReliaStar, you can count on quick and fair settlements, providing peace of mind during challenging times.

Voya Life insurance Financial Performance

ReliaStar’s financial stability and strength are essential factors to consider when choosing a life insurance provider. With assets of $11,935,876,644 and liabilities of $10,151,558,108, ReliaStar maintains a robust capital and surplus of $1,784,318,536. This healthy surplus, coupled with an assets-to-liability ratio of 117.58%, illustrates their financial soundness and ability to meet their obligations to policyholders.

In conclusion, ReliaStar Life Insurance Company is a reputable provider with a long-standing history in the industry. Their range of insurance products, commitment to customer service, efficient claims process, and solid financial performance make them an excellent choice for individuals seeking reliable life insurance coverage. Take the first step towards securing your future by considering ReliaStar for your life insurance needs.

To learn more about ReliaStar Life Insurance Company, visit their website or contact them at (877) 884-5050.

Conclusion: Voya Life insurance

ReliaStar Life Insurance Company, with its storied history, strategic mergers, and commitment to financial strength, stands as a beacon of trust in the insurance sector. Its diverse product portfolio and customer-centric distribution make it a reliable choice for individuals and businesses seeking comprehensive financial solutions.

Relia Star Copany FAQ's

 ReliaStar Life Insurance Company is a prominent insurance provider founded in 1885 and based in Minneapolis, Minnesota. Initially known as Northwestern National Life Insurance Company, it has evolved into a critical player in the insurance industry, offering a comprehensive range of financial products and services.

ReliaStar Life Insurance Company is a subsidiary of Voya Holdings Inc. and operates as part of the Voya Financial Group. With a rich history dating back to the late 19th century, ReliaStar has grown through strategic acquisitions, unifying under the ReliaStar brand in 1995. The company is known for its commitment to financial strength, diverse product portfolio, and customer-centric distribution through independent life insurance agents.

ReliaStar offers a wide array of financial products, including annuities, life insurance, retirement services, and reinsurance. businesses seeking comprehensive financial solutions.

The company distributes its insurance products through independent life insurance agents, ensuring a personalized and customer-centric approach.

ReliaStar boasts impressive financial metrics, with assets of $11,935,876,644, liabilities at $10,151,558,108, and a robust assets-to-liability ratio of 117.58%.

Individuals can contact ReliaStar via phone at (877) 884-5050 or visit their website here.

The ReliaStar brand, established in 1995, represents the unification of various entities, streamlining operations and enhancing the company’s offerings.

ReliaStar boasts impressive financial metrics, with assets of $11,935,876,644, liabilities at $10,151,558,108, and a robust assets-to-liability ratio of 117.58%.

 Individuals can contact ReliaStar via phone at (877) 884-5050 or visit their website here.

The ReliaStar brand, established in 1995, represents the unification of various entities, streamlining operations and enhancing the company’s offerings.

reliastar life insurance company phone number

reliastar life insurance customer service, phone Number & Working Hour

Enroll in Your Employer’s Plan
Voya Retirement Insurance and Annuity Company
Hours: 8 a.m. to 9 p.m. ET Monday through Friday
888-311-9487
Existing Plan Participants and Select Advantage
Voya Retirement Insurance and Annuity Company
Hours: 8 a.m. to 9 p.m. ET Monday through Friday
800-584-6001
Nonqualified Deferred Compensation Account Holders
Hours: 8 a.m. to 9 p.m. ET Monday through Friday
833-486-9267
Fixed/Variable Account Holders
ReliaStar Life Insurance Company
Hours: 9 a.m. to 7 p.m. ET Monday through Friday
877-884-5050
Open an Individual Account
Hours: 8 a.m. to 6 p.m. ET Monday through Friday
Open an account
844-576-8692
Advisors & Consultants
Retirement Consultant
 
Hours: 8 a.m. to 9 p.m. ET Monday through Friday
866-481-3653, Option 4
Nonqualified Deferred Compensation
 
Hours: 8 a.m. to 9 p.m. ET Monday through Friday
866-481-3653, Option 4
Select Advantage Wholesale Distribution
Sales and Service
 
voyaselectadvantage.com(link is external)
Hours: 8 a.m. to 9 p.m. ET Monday through Friday
800-344-6860
Employers
Small-Mid Corporate Plans
 
Hours: 8 a.m. to 9 p.m. ET Monday through Friday
866-481-3653, Option 4
Large-Mega Corporate Plans
 
Hours: 8 a.m. to 5 p.m. ET Monday through Friday
844-230-8692
Nonqualified Deferred Compensation
 
Hours: 8 a.m. to 9 p.m. ET Monday through Friday
866-481-3653, Option 4
Tax-Exempt
 
Hours: 8 a.m. to 9 p.m. ET Monday through Friday
800-584-6001
Employee Benefits
Group Life, Supplemental Health and Disability Insurance Customers
 
For general questions not specific to claims, call:
800-955-7736
Health Account Solutions Customers
 
For general questions send only an email to HASinfo@voya.com(link sends email) or call:
833-232-4673
Individual Life Insurance
Policy Owner Customer Service
 
Hours: 9 a.m. to 7 p.m. ET Monday through Friday
877-886-5050
Claims Customer Service
 
Start a claim and check a claim status
Hours: 9 a.m. to 5 p.m. ET Monday through Friday
877-886-5050
Agent Inforce Policy Customer Service
 
Hours: 9 a.m. to 7 p.m. ET Monday through Friday
855-848-2303
Agent Contracting and Commissions Customer Service
 
Hours: 9 a.m. to 6 p.m. ET Monday through Friday
855-848-2303

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