New Era Contracting & Appointment

New Era Life Insurance Company was incorporated in 1924 and current management took over in 1989. Throughout its history, the New Era family of companies has provided quality, affordable insurance and financial products highlighted by outstanding customer service.

New Era is in the A.M. Best "Secure" group of insurance companies with a current rating of A- (Excellent). A.M. Best is the leading provider of ratings for the insurance industry. Their ratings are recognized as the benchmark for assessing the financial strength of insurance organizations.

Our Companies include:
New Era Life Insurance Company
New Era Life Insurance Company of the Midwest
Philadelphia American Life Insurance Company

New Era is online at NewEraLife.com.

New Era Products and State Availability

These are New Era's current products and state availability for 2023, as well as information on contracting and appointment.

PALIC MA Gap / Hospital Indemnity

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State Availability

Last reivew date: 07/26/2023

IA IL MS NC NE NV OH PA SC TX

Plan Information

Many times, seniors are burdened with significant out-of-pocket costs incurred from their “low cost” or “no cost” Medicare Advantage (MA) plan. Philadelphia American’s MA Gap Plan is a Hospital Indemnity plan designed specifically to ease the burden of these out-of-pocket expenses by providing fixed benefits to help pay for doctor office visits, urgent care visits, annual wellness visits, emergency room visits, hospital confinement, skilled nursing care, ambulance services, inpatient and outpatient surgery, diagnostic testing, x-rays, radiology, lab tests, acupuncture, and prescriptions (optional).

Philadelphia American’s MA Gap Plan provides 3 levels of benefits (Basic, Select, Premier) with varying levels of fixed benefit amounts based upon the level chosen.

Medicare Supplement

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State Availability

Last reivew date: 07/26/2023

AL AR AZ FL GA IA IL IN KS LA MD MI MS NC NE NJ NM OH OK PA SC SD TN TX UT WV

Plan Information

New Era NELIC, NELICM & PALIC all offer Medicare Supplement insurance. Medicare Supplement Insurance can help pay an individual’s share of some of the following healthcare costs that original Medicare does not pay: Annual deductibles, co-insurance, co-payments, and charges in excess of the Medicare approved amount. Benefits vary by plan.

• Freedom to choose your own Medicare-participating doctor and Medicare-approved hospital.
• Insurance that travels with you nationwide.
• Fast electronic claims payment.
• Guaranteed renewable.
• E-App available.

Some information may vary by state. See state-specific information and rates.