Individual Assurance Company (IAC) Contracting

Individual Assurance Company began doing business in 1956 as Institutional Agencies Corporation, and in 1973 was established as a Missouri domiciled insurance company. Headquartered in Edmond, Oklahoma, and operates in 43 states and throughout a number of Pacific island nations and territories.

IAC has grown through the years by remaining “Focused on what matters most.”  More recently, IAC has moved into the Medicare Supplement market.

These are IAC's current policies and state availability for 2018.

Medicare Supplement

AK AL AR AZ CA CO DE IA IL IN KS KY LA MD MI MN MO MS MT NC ND NE NJ NM NV OH OK OR PA SC SD TN TX UT VA WI WV WY

Select from Plan A, F, G, or N, and Base policy and riders; may vary by state. Plans are available pre-65 due to disability in some states. Household discount are available in most states, states differ in requirement and availability.

IAC’s current administrative practice is not to adjust rates for 12 months from the effective date of coverage.

The Web Application is an online application for open enrollment, guaranteed issue and applications requiring underwriting approval. Once the application has been submitted, it can be downloaded or printed. Follow the application status via agent portal.

Tele-Application is a telephonic application process when applying outside of open enrollment or a guarantee issue period. Other than the occasional state required form, the Tele-Application process is paperless; the Tele-Underwriter will provide a policy number at the end of the call.

A properly completed paper application should be finalized within 4 to 7 days of receipt at IAC’s administrative office; the ideal turnaround time is 10 to 12 days. Tele-Application and Web Application are generally processed and mailed within 24 hours. 

Contract Online With Individual Assurance Company (IAC)

Agents are busy people. Avoid printing, faxing, and mailing. Contract online in minutes.

Request a Free Carrier Contracting Kit

Let us email you a contracting kit for any of the dozens of insurance carriers we represent. Kits typically include:

  • Brochures
  • Commissions
  • Rates
  • Underwriting Guides
  • All specific to your state