Carrier review
LifeShield Medicare Supplement
We are appointed to represent LifeShield. 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
- Structure
- Brand name for a group of Oklahoma-domiciled insurers
- Issuing companies
- LifeShield National, Individual Assurance Company, Life Assurance Company
- Market
- Medigap sold through independent agents
LifeShield is a brand rather than a single insurance company. Policies sold under it are issued by LifeShield National Insurance Company, Individual Assurance Company, or Life Assurance Company, depending on the state and the plan, and all of them are Oklahoma-domiciled and part of the same group. That is not a technicality: each entity files its own rates, so two LifeShield quotes can carry different premium histories even though the brochure looks identical. This is the same family as the IAC page in our list, which is why clients sometimes see both names on paperwork.
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 LifeShield
- A senior-focused group that has written Medicare Supplement business for years rather than a side line at a property and casualty company.
- Agent-distributed, so underwriting questions usually get a straight answer rather than a call center script.
- Priced regionally, which occasionally puts it well below the national brands for the same plan letter.
What to check first
- Confirm which of the three companies issues your policy, then ask for that company's increase history rather than the group's.
- LifeShield National Insurance is not the home-security company of the same name. Different business entirely, and worth saying out loud when a client searches for reviews.
- Smaller blocks of business need closer scrutiny on rate action than a national carrier does.
How we compare this carrier against the rest
Medigap benefits are standardized by federal law, so a Plan G from LifeShield 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
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See what LifeShield 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.