W E L C O M E T O
Magna Insurance Company
Proven Solutions.
Unmatched Expertise.
Unmatched Expertise.
Magna Insurance Solutions
Why Magna?
Established in 1962, Magna Insurance Company (“Magna”) has been committed to providing insurance protection to individuals and their families as well as employer groups for over 50 years.
Magna is a privately owned company which is owned by Magna Holding Company, LLC. We are a Mississippi domiciled life insurance company licensed to write life, annuities and accident health business in twelve (12) states.
Our independence has enabled Magna to remain free to make decisions that align with our values and core mission – helping policyholders attain and sustain health and security through their lives. We demonstrate this commitment by striving to honor claims and pay benefits with professionalism and care.
At Magna, it is the people who make things work. We are progressive in our thinking. We are solutions-orientated. We offer innovative product solutions that can be tailored to fit your situation. Our priority is to always to our client’s financial security. To make sure we stay at the top of our game for you, we strive to meet and exceed the highest industry standards.
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895 Park Ave, Mandeville, LA 70448
With our Medicare Supplement insurance solutions, we help our customers with having a secure financial future. We listen to what you are looking for from an insurance policy and do our best to provide a solution that fits your individual situation. Our success is rooted in our commitment to you. Our knowledgeable representatives are eager to provide you with the personalized support and service you deserve.
Magna offers:
- Competitive Rates
- Easy Application Process
- Excellent Customer Service
Magna offers the following Medicare Supplement Plans:
- Plan A – Ideal for those that want more coverage but do not expect to use a lot of healthcare services.
- Plan F – The most completed Medicare Supplement coverage available. Covers costs in excess of Medicare-approved
amounts. May have no out-of-pocket expenses for hospital or doctor’s office visits. - Plan G – All the basic benefits plus extra coverage for hospitalization without Part B deductible.
- Plan N – All the basic benefits as well as additional coverage for hospitalization.
Agents, we provide the tools you need to grow your business:
- Personalized Support
- Creative products to meet the needs of your customers
- Innovative business processes
- Industry-leading Customer Service
Medicare Supplement insurance policies are underwritten by Magna Insurance Company, Jackson, Mississippi and administered by Aetna Health & Life Insurance Company (Aetna) and may vary in accordance with state laws and are not available in all states. Policy forms: Series MAGMSP20-A, MAGMSP20-F, MAGMSP20-G, MAGMSP20-N or state equivalent. In Illinois: MAGMSP20A-IL, MAGMSP20F-IL, MAGMSP20G-IL MAGMSP20N-IL. In Kentucky: MAGMSPA20A-KY, MAGMSP20F-KY, MAGMSP20G-KY, MAGMSP20N-KY. In Texas: MAGMSPA20A-TX, MAGMSP20F-TX, MAGMSP20G-TX, MAGMSP20N-TX. Not all policies and benefits are available in every state. Magna is authorized to conduct business in AL, AR, FL, IL, IN, KY, LA, MO, MS, SC, TN and TX. NOT CONNECTED WITH OR ENDORSED BY THE U.S. GOVERNMENT OF THE FEDERAL MEDICARE PROGRAM.]
In some states, if you receive Medicare benefits because of a disability or end-stage renal disease, you may apply for a
Medicare Supplement policy regardless of your age.
IMPORTANT NOTICE – “A Consumer’s Guide to Health Insurance for People Eligible for Medicare” may be obtained from your local Social Security Office, Medicare.gov, The Department of Insurance or your insurance agent/broker. For cost and details of coverage, contact an authorized and appointed Magna agent producer.
Your coverage starts on the Effective Date at 12:01A.M. where you live. It ends at 12:01 A.M. where you live on the first Policy Renewal Date. Each time you renew your Policy by paying the premium within the 31-day grace period, the new term begins when the old term ends. You may cancel your Policy at any time by giving us written notice.
MEDICARE SUPPLEMENT INSURANCE IS DESIGNED TO ONLY COVER THOSE MEDICARE-APPROVED EXPENSES WHICH MEDICARE DOES NOT COVER. This policy has exclusions. For costs and complete details of coverage, contact an authorized and appointed Magna agent/producer. This Policy has exclusions and will not pay benefits for (a) expense incurred while your policy is not in-force, except as provided in the Extension of Benefits section of your Policy; (b) Hospital or Skilled Nursing Facility charges incurred during a Medicare Part A Benefit Period that begins while this Policy is not in force; (c) that portion of any expense incurred which is paid for by Medicare; (d) services for non-Medicare Eligible Expenses including, but not limited to, routine exams, take-home drugs and eye refractions; (e) services for which a charge is not normally made in the absence of insurance; or (f) loss that is payable under any other insurance which paid benefits for the same loss on an expense.
Licensed insurance agents/producers are authorized to sell this Medicare Supplement insurance policy on behalf of Magna.