Secured with SHA-256 Encryption
Select Page

IAC Medicare Review

FREE Insurance Comparison

Compare quotes from the top insurance companies and save!

Secured with SHA-256 Encryption

Eric Stauffer is a former insurance agent and banker turned consumer advocate. His priority is to help educate individuals and families about the different types of insurance they need, and assist them in finding the best...

Full Bio →

Written by

UPDATED: Nov 30, 2018

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn't influence our content. Our opinions are our own.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

Financial Strength

Compare Insurance Quotes

Secured with SHA-256 Encryption
IAC has been in operation since 1956, providing mainly life insurance policies across the United States as well as the Pacific Islands. Medicare Supplement is the only personal insurance product they write outside of life policies.

About IAC

IAC was founded as Institutional Agencies Corporation in the Pacific Islands, providing life and financial services to the residents of that area. The name change to Individual Assurance Company Life, Health, and Accident took place in conjunction with a move of the headquarters to the state of Missouriin 1973; the acronym remained the same with the name change.

While continuing to offer basic term life insurance, IAC also began operating in reinsurance and third-party administration. They added their second personal insurance product, Medicare Supplement, but the company remains relatively unknown in terms of brand recognition.

IAC’s headquarters is now located in Edmonds, Oklahoma and they offer their products through independent agents across the country. They also continue to serve the Pacific Islands and surrounding territories.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

IAC Medicare Supplement Products

IAC offers plans A, B, C, D, F, G, and N. That is a pretty good selection and more options than we often see form much larger and better-known insurance companies. They appear to offer these plans across the country, but that is not made entirely clear on the website.

Plan A is the base-level plan, which covers all Medicare Part A & B coinsurance amounts as well as the first three pints of blood each year. Plan F is the highest level of coverage available; this plan pays all of the out of pocket costs not covered by Medicare, and also covers you for emergency medical during foreign travel. While there is a version of plan F that has a deductible in return for a lower premium, IAC does not offer this option.

The remaining plans on IAC’s chart offer a range of coverage in between A and F. There is a good enough selection that most people should be able to find the right balance of coverage and price.

Although they do write coverage in the few states that do not use the letter system for Supplement plans, they do not seem to offer any information on products in those areas.


Rate information is not offered for IAC’s Medicare Supplement plans. Quotes can be obtained by contacting a local agent or by calling a toll-free number.

It is not surprising given the limited nature of this company’s website that online quoting is not available, but we do often see rate charts for Medicare Supplement. Since rates vary from state to state and IAC covers a wide area, a quick quote system would be simpler, but this company offers neither option.


Claims information is not offered regarding Medicare Supplement on the IAC website. Medical claims are usually handled directly with providers, so a lack of claims information is pretty standard for this type of product.

Although there is a form download page, there are no Medicare claims forms to be found there.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Ratings and Consumer Reviews

IAC has an A+ rating with the Better Business Bureau (BBB). They are not accredited, but they do not have any complaints on file in the past three years.

We were unable to find any reviews of IAC anywhere online, including the usual places for insurance company complaints. When it comes to insurance companies a lack of reviews is usually a good sign, but it can make it difficult to develop a solid opinion of a company’s reputation, particularly one that lacks information overall.

The Bottom Line

While IAC has a pretty good list of available Medicare Supplement plans, information on this company is largely absent and even their own website offers little detail. Without a clear picture of this company, we cannot provide a recommendation. Most people will likely want to look to a company with more visibility for their Medicare Supplement needs.

For a list of companies that we recommend, visit our Best Insurance Companies page.

Compare Insurance Quotes

Secured with SHA-256 Encryption

Review Information

Review Date
IAC Medicare
Author Rating

About Eric Stauffer

Author: Eric StaufferI am a former insurance agent and banker turned consumer advocate. My priority is to help educate individuals and families about the different types of insurance they need, and assist them in finding the best place to get it.


  1. What’s going on with this company (IAC) Individual Assurance Company Medicare Supplement.

    Cannot contact a to an agent and when I call the 1-800 number, I’m on hold for 30 minutes!!

    Is this a trustworthy company I’m dealing with?


  2. I agree with Laika’s comment. What’s going on with this company (IAC) Cannot contact a [Redacted] and when I
    call the 1-800 number, I’m on hold for 30 minutes!! Is this a trustworthy company I’m dealing with?

  3. I have been trying to contact a [Redacted], agent for two days. I get the same message each time. “Sorry, [Redacted] is busy or [Redacted] has left the office for the day.
    Want to find out what’s going on with this company.
    Customer services is really poor. Just to reach their 1-800 number takes about 30 minutes of hold time.
    Need answers NOW!!!!


  4. I would like to know how you can justify an increase in premium when you are incapable of fulfilling your obligations to those you represent. I contacted my rep about a bill sent to me, I was told not to pay it your establishment would take care of it. Well, you didn’t! I was turned over to a collection agency and my good credit took a hit. My credit score was affected and I, myself had to pay the bill I pay you to cover. Now please explain to me how you rate an increase in premium amounts. It seems to me that if you can’t maintain your end of the business I should be paying a much lower amount.

  5. Looking for a reliable Medicare Supplement Plan with good customer service.

  6. IAC has poor customer services. Their claim address is outdated. Their fax # to fax claims doesn’t accept claims. I don’t know why they have that fax #. Their customer representatives are rude, unhelpful, and unprofessional. They constantly say they don’t have the claim on file. Email on the website for inquires doesn’t work or you will not get a reply. Why are they even still in business?

  7. Is this a liquid trustworthy ins. Co.?


Leave a Rating

Your email address will not be published. Required fields are marked *