Cincinnati Life Insurance Review

Life insurance quotes from Cincinnati Life Insurance aren’t available online or as a sample of their pricing. For policies ranging from $25,000 to $99,999 in face value, the firm provides six underwriting rate classes, but just basic smoker and non-smoker rates.

Pros and Cons of Cincinnati

Cincinnati Life Insurance Review - Cincinnati  Logo

Pros

  • High credit ratings
  • Classification for smokers who only smoke once in a while
  • Options that aren’t medical
  • Instead of using the nearest age, this method makes use of the person’s real age.

Cons

  • Website issues
  • No online quotes
  • Long underwriting process

What affects my rate with Cincinnati Life Insurance?

Nonsmokers who haven’t used tobacco or nicotine in the last five years, as well as those who fulfill specific medical and personal background criteria, can get lower premiums with

Cincinnati Insurance’s Preferred Plus class.
There is an exception for cigar smokers and other non-tobacco goods, though.

How to get a quote from Cincinnati Life Insurance

To promote its products, Cincinnati Life Insurance collaborates extensively with independent insurance brokers. To get a quotation or submit an application, use the Find an Agency link on the company’s web page to locate the agent closest to you.

What types of life insurance coverage does Cincinnati Life Insurance offer?

Select an insurance policy from the list below:

  • Term life insurance. Options range from 10 to 30 years of coverage. A return of premium (ROP) option is available from Cincinnati Life if you outlive your policy. This option reimburses your base premiums if you are no longer alive at the end of the term. A perpetual life insurance coverage is available for all terms.
  • Life insurance that’s available to everyone. Standard adult and child policies are available, as well as a more flexible option that allows you to limit your cash accumulation in order to minimize your cost.
  • Insurance for the rest of your life. For as long as you keep paying your premiums on time, Cincinnati Insurance offers a guaranteed whole life coverage that assures that your rate classification will never change. Within the first five years, you won’t need another medical exam because you’ve converted your term insurance to a whole life policy.

What riders can I add to my policy?

Add-ons from Cincinnati let you to tailor your insurance policy to your specific needs. Examples include:

  • Accelerated death benefits riders. If you’re diagnosed with a chronic or terminal condition, you may be able to use up to $250,000 of your death benefit to help pay for medical expenses.
  • Rider for accidental death insurance. If you die in a vehicle accident or another unintentional manner, this policy will pay out a lump amount in addition to your death benefit.
  • Riders who are under the age of 18. When they reach 18, their term life insurance coverage will change to a full life policy. The face value of a certificate might be up to five times what you paid for it.
  • Rider that ensures you’ll be insured no matter what happens. Increase your life insurance coverage without going through the underwriting procedure again at a future date.
  • Rider waiving the right to a higher price. Allows you to cancel your policy if you are fully handicapped for four months or longer.

Cincinnati Life Insurance reviews and complaints

As of October 2020, the firm has an A+ rating with the Better Business Bureau and only 11 complaints. Claims concerns and corporate communication have been the subject of complaints, but Cincinnati Insurance Companies has handled and remedied them all.

However, there aren’t many online consumer evaluations, particularly for life insurance, making it difficult to gauge how satisfied customers are.

Checkout our review of Choice Mutual Life Insurance Review for another life insurance review.

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Levi Jorgensen
Levi Jorgensen is a life-long explorer. When he's not writing about life insurance, he works as an appraiser of antiques. He's based in Columbus, Ohio with his wife and 2 children.
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