Continental Life Insurance Company Medicare Plans Review

In this Guide...

Read our Continental Life Insurance Company review to learn about the plans and policies the company offers, including Medicare Supplement (Medigap) plans, final expense life insurance and other products.


Continental Life Insurance Company is operated by Aetna, a CVS Health company and one of the leading health insurance companies in the U.S.

1
About Continental Life Insurance Company

Continental Life was founded in 1983 in Brentwood, TN and began selling supplemental insurance policies and whole life policies to seniors. Continental Life was acquired by Aetna in 2011.

Continental Life sells three types of insurance products:

2
Medicare Supplement Insurance

Medicare Supplement Insurance, also called Medigap, covers out-of-pocket expenses that are required by Original Medicare (Medicare Part A and Part B). These can include deductibles, copayments, coinsurance and more. 

There are 10 types of standardized Medigap plans available in most states, each identified by a plan letter such as Medicare Supplement Plan F, Plan G, etc. Each type of Medigap plan has benefits that are standardized by the federal government.

While plan selection may vary by state, Continental Life sells each type of standardized Medigap plan in certain areas through its partnership with Aetna

The Medicare Supplement plans comparison chart below shows the coverage offered by each type of Medigap plan.

Medicare Supplement Insurance Plans 2025
Medicare Supplement Benefits A B C1 D F1 G K L M N
Part A coinsurance and hospital costs
Part B coinsurance or copayment 50% 75%
First 3 pints of blood 50% 75%
Part A hospice care co-insurance or co-payment 50% 75%
Co-insurance for skilled nursing facility     50% 75%
Medicare Part A deductible   50% 75% 50%
Medicare Part B deductible                
Medicare Part B excess charges                
Foreign travel emergency     80% 80% 80% 80%     80% 80%
1. Plans C and F are not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020.
2. Plans F and G also offer a high deductible plan which has an annual deductible of $2,870 in 2025. Once the annual deductible is met, the plan pays 100% of covered services for the rest of the year. The high deductible Plan F is not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020.
3. Plan K has an out-of-pocket yearly limit of $7,220 in 2025. Plan L has an out-of-pocket yearly limit of $3,610 in 2025.
4. Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to $50 for emergency room visits that don’t result in an inpatient admission.
View an image version of this table.
3
Final Expense Whole Life Insurance

Final expense whole life plans are life insurance policies designed to cover one’s final expenses and funeral costs. These plans can cover costs for anything the family needs after their loved one has passed away, including burial, cremation or other costs.

Continental Life Insurance Company sells two different options for this type of coverage. 

  • A level benefit grants beneficiaries the full death benefit regardless of when you pass away.

  • A graded benefit grants beneficiaries a reduced benefit if you pass away within the first two years that your policy is in force.
4
Enrolling in a Continental Life Policy

Continental Life does not sell policies directly to consumers. To enroll in a plan, you must contact a licensed insurance agent or use the Medicare plan finder.

Medicare Supplement Insurance and Protection Series plan selection varies by state.

In order to be eligible for a Medigap plan through Continental Life or any other carrier, you must be enrolled in Medicare Part A and Part B. In some states you may be able to purchase a Medigap plan if you are under 65.

5
Continental Life Earns an A Rating

Continental Life offers a diverse selection of insurance policies that allow seniors to bundle coverage all under one roof.

As a small company that partners with one of the most recognizable brands in the insurance industry, Continental Life provides customers with a family business feel with all the perks of a large corporation. Continental Life is rated an “A” by credit rating agency A.M. Best.

Helpadvisor.com is owned and operated by Tranzact, the parent company of TZ Insurance Solutions LLC, which is the owner/operator of Medicareadvantage.com and other websites mentioned on HelpAdvisor and which has a financial relationship with some of the carriers listed on HelpAdvisor.

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