Vantis Life Insurance Company Review

Founded in 1942 as The Savings Bank Life Insurance Company (SBLI) and restructured in 2002, Vantis Life Insurance Company is headquartered in Windsor, Connecticut.

Currently, Vantis has $4.9 billion in in-force life insurance policies. In addition Vantis sells annuities and a mortgage protection policy that will help to pay the remaining balance on a deceased insured’s outstanding mortgage.

Vantis policies may be purchased via numerous financial institutions as well as directly via the company website and customer service line.

Insurance Products

Life Insurance

Vantis offers several types of life insurance products, both in term life and permanent varieties. Not all policies are available in all states serviced by Vantis, therefore consideration to your location and availability in your area must be given before settling on a policy.

Among the term policies offered by Vantis, there is standard term, a policy ranging in size from $100,000 to $5 million with coverage lengths ranging from 10 to 30 years, and Super EZ Life, which is available in periods of 10, 15 or 20 years and requires no medical examination. The EZ Life plan is the simplest to apply for, but is worth less than the more traditional term policies, with a benefits cap of $300,000.

Permanent life insurance options are available as well, valued up to $5 million. These policies remain in effect so long as premiums are paid while accruing cash value over time; this cash can be borrowed against or withdrawn by the insured.

One option for individuals looking for term life insurance with additional benefits is the VantisTerm ROP plan, which comes with a “Return of Premium” feature. Essentially, VantisTerm allows you to receive your premiums back in full if you survive past the end of the 20, 25 or 30 year policy term.

Other specialty plans are available for children and senior citizens. Any given policy can be further modified with additional riders and protections.

Additional Products

In addition to its life insurance products, Vantis sells a number of annuities. These act as retirement accounts, providing stable income to individuals in retirement as a result of paying into the account during their working years. A number of annuity products are offered, with different term lengths, payment amounts and values. If you’re interested in pursuing an annuity, it’s worth researching all available options in your area to make sure you choose the one that best suits your needs.

Claims

Vantis does not list claim information on its website. The customer service number is 1-866-826-8471.

In general, a life insurance claim is filed by the insured’s next-of-kin or listed beneficiary. A death certificate and additional paperwork may be necessary to file the claim. It is best to call the customer service line and clarify about how the claims process should proceed to ensure that all necessary paperwork is filled out correctly.

Consumer Research and Complaints

Vantis is not accredited with the Better Business Bureau, but it is listed on the site with an “A+” rating. The site does not list any complaints, however there is just one negative review from this year regarding an annuity.

Financial Strength

Rating Company	Grade	Financial Outlook
AM Best	A	Stable
Fitch	N/A	N/A
S&P	N/A	N/A

Bottom Line

Vantis’s product offerings are extensive including term-life, EZ life, SuperTerm & SuperTerm ROP life insurance, children’s life insurance, permanent, whole life, and mortgage life insurance.

Those seeking multiple options when considering life insurance could benefit from taking a close look into Vantis, even going as far as receiving a quote. That said, with so many quality life insurance companies providing hassle-free quotes online, it is easy to compare policies and price to ensure a proper fit. Check out our Recommended Insurance Companies page for our top picks.

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

Review Information