Life Shield Health Insurance Reviews | In-Depth Review Guide

LifeShield short-term health insurance policies are affordable and flexible for users. LifeShield offers a two-year life insurance policy, and LifeShield provides coverage for up to three months after 26. Both companies are run by people who believe that everyone has value in life and should access quality health care. We will provide life shield health insurance reviews in this guide.

They also believe that people can help each other through difficult times, provide financial assistance to those in need, and promote social responsibility. Preventive/wellness care, diagnostic tests, inpatient hospital treatments, ER, urgent care facility, and ambulance services are all covered under both policies.  

LifeShield’s policies, like other short-term health plans, do not cover maternity or infant care. LifeShield, on the other hand, does not cover outpatient laboratory procedures or x-rays, unlike other providers. Furthermore, the organization lacks an online member site for account administration and a mobile app.

Life Shield Health Insurance Customer Reviews

Life Shield Health Insurance Reviews

This bootleg insurance company called LifeShield is such a shame that it sickens me that they can pretend to be a legitimate organization! They will not pay for the **** essential preventive care. One of their sham offices in Wisconsin cannot complete even the most basic paperwork. Did I send them three faxes, or did I compose three? 

Yes, I sent them faxes with the names, addresses, and phone numbers of my health care providers three (3) times, and they claimed they did not get them when my fax stated precisely the number they posted as their fax number.

Another review we came across was this one:

Beware of crazy charges that they will take out of your account automatically. My benefits keeper is a third party that collects money for these scammed companies. We are unsure if the third party is part of the leading fraudulent company.

Wait no longer if you owe money to any healthcare facility and are waiting for liberty insurance to pay. This company will come up with any excuse to get out of paying. 

LifeShield Insurance General Overview

Life Shield Health Insurance Reviews

Plan Features – 4.3 / 5

The deductible, coinsurance, maximum coverage duration, and out-of-pocket maximum are all the same for both plans. However, LifeShield Advantage has higher monthly premiums than LifeShield Flex, but it also provides more coverage for outpatient surgery, emergency room, and advanced diagnostic studies deductibles. For a $40 fee, LifeShield’s Advantage plan also includes unlimited doctor office consultations.

Prescription medications for inpatient and outpatient usage are covered if they are mentioned as qualifying expenditure in the insurance plan chosen. Furthermore, the firm offers limited coverage for mental health care, drug addiction treatment, and physical, occupational, and speech therapy.

Cost – 4.3 / 5

Depending on the plan selected, the company offers insurance with lifetime maximums of $750,000 or $1,000,000. Deductibles range from $1,000 to $5,000, depending on the plan. 

LifeShield plans provide coinsurance options ranging from 20% to 0%, with out-of-pocket maximums ranging from $2,000 to $4,000 depending on the policy selected. Copays for doctor’s office visits are also available.

 There are separate daily maximums for all other services such as extended care facilities, mental problems, hospital services, drug misuse, and physical, occupational, and speech therapy.

  • Depending on the policy chosen, the coinsurance out-of-pocket maximum is $750,000 or $1,000,000.
  • Depending on the service supplied, the daily limit ranges from $50 to $1,250.
  • It depends on the plan, copays for doctor’s office visits range from $30 to $50.

Customer Experience and Financial Reputation – 4.5 / 5

Best, with a total of 6 complaints over the previous three years that appears to have been handled. LifeShield does not have a Trustpilot rating. However, their 2020 NAIC complaint ratio is 0.1, indicating that they have no complaints with the NAIC, which is excellent. 

LifeShield National Insurance Complaints

LifeShield National Insurance Complaints

Some customers said: LifeShield never paid a single cent of the hospital bill. They did, however, take my premiums for over two years. 

Typical Doctor Visits Policy on Diagnostic

Cancelation: LifeShield will compensate you for the following terms: 6, 12, or 36 months. Depending on the Colin Grubb’s review received a 4.3 rating. AM Best Company, a well-known independent insurance industry rating agency, has assigned LifeShield National Insurance Co. a B++ rating since 2001.

Cancelation Policy

If the benefits are not utilized, and the certificate is returned within ten days of delivery, LifeShield will repay the plan’s total cost. Additionally, consumers can terminate the policy by sending a letter; termination will affect the next premium due date or later if indicated. LifeShield has the right to cancel coverage if you don’t pay the premiums. On the other hand, if the insured dies or fraud is perpetrated, among other things.

Benefits and Reimbursements

Benefits and Reimbursements

Natural Death (ND)

This benefit provides your family with basic income security in the case of your death.

Dismemberment and Permanent Total Disability, Accidental Death,

Severe impairments can place a family’s finances in jeopardy. This benefit provides a one-time cash payout to protect your family from this crucial and potentially catastrophic risk.

Accidental Medical Reimbursement (AMR)

Fortunately, most accidents are mild, and you can treat them at a clinic. This benefit protects you even if you sustain a minor injury. We will cover your medical fees if you need them treated at any medical facility.

Accident & Sickness In-Hospital Income up to 52 Weeks (IH – A & S)

This benefit offers you additional funds to cover anything you believe is vital during your stay, allowing you to focus on getting better. You can use it for daycare, travel fees, a separate room, or even at-home assistance if necessary.

Accident Weekly Income (AWI)

We acknowledge this and will compensate you for a portion of your lost income through monetary compensation for your temporary impairment.

LifeShield Advantage – Policy Details

LifeShield Advantage - Policy Details

Grace period: The insured is given a 30-day grace period to pay all unpaid premiums. If the insured cannot pay during the grace period for whatever reason, the policy will lapse.

Policy Termination: Regular premium acquires surrender Value plans only after the first three policy years of premium payment. Furthermore, the insurance period ends once the insurer has paid all the death and maturity benefits.

Frequently Asked Questions

Who owns LifeShield insurance?

LifeShield National Insurance Co. was founded in 1982 as an Oklahoma-based insurance firm and is a member of the Midland Group of Companies, including MidFirst Bank.

Does LifeShield cover mental health?

Exclusions: any granted certificate will only compensate for damage caused by covered conditions as indicated in the certificate: the certificate does not cover the following: (1) purposeful self-inflicted injury or sickness; (2) sane or crazy suicide or attempted suicide; and (3) treatment of mental disorders.

What is LifeShield STM?

LifeShield STM offers inexpensive, temporary health insurance that you can adjust to any lifestyle or budget, membership in an association. It has Customer service and billing support.

Bottom line

LifeShield National Insurance Company, or simply LifeShield, was formed in 1982. Furthermore, it is headquartered in Oklahoma City, Oklahoma. The Midland Group affiliate sells and serves life, cancer, critical illness, and accidental insurance in the United States.

The BBB gives LifeShield National Insurance Company an A- rating, while A.M. gives it an A++ rating. There is no online member site or mobile app for the company. It does, however, offer customer care by email and phone.

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