Standard Life is an American health and accident insurance company that offers Medicare plans for senior customers, according to the Standard Life and Accident Insurance Company's official website. As of June 2014, Standard Life has ranked at the top of the industry with A-level ratings from A.M. Best and Standard & Poor.
Standard Life's coverage and policies vary depending on state restrictions and offerings, but the company specializes in health and life insurance policies. As of Dec. 31, 2014, Standard Life had a net admitted asset total of $530.2 million, reports the company's website. Standard Life provides tools, calculators and representatives who can help policyholders determine eligibility for Medicare or other supplemental health plans. Supplemental plans cover any expenses not covered by the main Medicare plan.
Standard Life representatives can assist customers in all insurance needs, including applying for main insurance policies or supplemental requests. The details of each plan, including deductibles, payment amounts and eligibility requirements, vary based on the state and the individual's background, explains Standard Life. Because Standard Life offers insurance to seniors, it provides timely, smart financial planning, and its agents can assist with retirement planning and annuities. The insurance company's website also features an online portal where policyholders can check the details of their life, health or annuity insurance policies and make necessary changes.