Carrier review
Bankers Fidelity Assurance Medicare Supplement
We are appointed to represent Bankers Fidelity Assurance. This page explains what the company actually is, what it is good at, and what to check before you buy — not what its brochure says.
Figures reviewed for 2026
- Parent company
- Atlantic American Corporation
- Role in the group
- Sister company to Bankers Fidelity Life
- Headquarters
- Atlanta, Georgia
Bankers Fidelity Assurance Company is the sister company to Bankers Fidelity Life, and the two are easy to confuse because the names differ by one word. Atlantic American acquired it in 2014 and renamed it, and the point of the purchase was licensing: this company holds approvals in states where the flagship was not already open for new business. Its policies are wholly reinsured by Bankers Fidelity Life, so the reserves behind them sit in the same place.
Same corporate family
Each company in this group writes its own policies and files its own rates, so each one has a separate page:
Why consider Bankers Fidelity Assurance
- Broader licensing than its history suggests, which makes it the entry point for the group in certain states.
- Shared underwriting philosophy and senior-market focus with the flagship.
- Worth pricing separately, since the two entities file their own rates.
What to check first
- Read the legal name on the application carefully. Bankers Fidelity Assurance and Bankers Fidelity Life are different companies with different rate histories.
- This is not Bankers Life, the CNO subsidiary, and the two are owned by unrelated companies.
How we compare this carrier against the rest
Medigap benefits are standardized by federal law, so a Plan G from Bankers Fidelity Assurance covers exactly what a Plan G from any other carrier covers. That leaves five things worth comparing, and we check all five before making a recommendation:
- The filed premium at your age, ZIP code, and tobacco status
- The last five years of rate increases on the exact plan and block
- Whether pricing is attained-age, issue-age, or community-rated
- Household, spousal, and multi-policy discounts you qualify for
- The issuing legal entity, since one brand can hold several blocks
Common questions
Before you apply
- Is this carrier cheaper than the others?
- Sometimes, and only for a specific age, ZIP code, tobacco status, and household. Medigap benefits are identical by plan letter, so price is the only real variable — which is why we quote the whole market rather than publishing a number that goes stale.
- Can I be turned down for health reasons?
- Outside your six-month Medigap Open Enrollment Period, and outside any state-specific rights such as a birthday rule, yes. Carriers use medical underwriting and can decline or rate you up.
- What happens to my rate over time?
- The carrier files increases with your state insurance department, and they apply to your whole block of business. A carrier with a history of double-digit annual increases is expensive even when the first year looks cheap.
Also compare
Other carriers we shop
- Independence American Medicare Supplement
- Aetna Medicare Supplement
- Mutual of Omaha Medicare Supplement
Compare plan letters
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See what Bankers Fidelity Assurance would charge you
Rates depend on your age, ZIP code, tobacco use, and in some states your health history. Send us a few details and we will put the real 2026 numbers side by side.