Voya Financial: Plan, Invest, Protect (2024)

FAQs

Is Voya insurance worth it? ›

Voya scored a 3.0 out of 5 due to its limited availability only through employers and limited policy offerings. That is counterbalanced by offering no-medical exam insurance plans and a low consumer complaint index.

Voya Financial has a consensus rating of Strong Buy which is based on 7 buy ratings, 2 hold ratings and 0 sell ratings. The average price target for Voya Financial is $82.33.

® Guarantee. Voya is committed to safeguarding your financial accounts and personal information from the risk of fraud, cyber threats and unauthorized activity.

Voya Financial completed the divestiture of substantially all of its individual life insurance and other legacy non-retirement annuities businesses. The closed blocks of business have been acquired by Resolution Life US, a new holding company established by Resolution Life Group.

If you are age 59½ or older, you may withdraw* from your account balance for any reason.

Your wellness benefit under VOYA is $50 per person for Accident Insurance (up to $200) and $100 per person for Critical Illness (up to $400).

and Its Subsidiaries. Oldwick //BestWire// - A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of the key life insurance entities of Voya Financial, Inc.

Its fees vary based on the strategy used, the size of the client's account and the services that are provided. For wrap programs, Voya typically receives an annual fee ranging from 0.125% to 1.00%, with that fee varying based on the program sponsor, account type and the services provided.

Voya Financial is a financially strong and stable company that has been rewarded an A (excellent) rating from AM Best. The “A” rating assures customers that Voya is an insurance company capable of offering guaranteed, secure coverage.

Summary. Voya Financial ranks 205th in the Financial System Benchmark. In comparison to other asset managers, it ranks 28th out of 62. Furthermore, the financial institution ranks 53rd out of 138 assessed financial institutions headquartered in Northern America.

Is Voya like Aflac? ›

On January 1, Voya Financial will replace Aflac as the vendor for Critical Illness and Accident Insurance. They will also offer two new benefit options. The Voya options include Critical Illness Insurance, Accident Insurance, Hospital Indemnity Insurance, and Cancer Insurance.

ING Group

Voya Financial / Parent organization

The Voya Financial Advisors Bank Deposit Account is a multi-bank, Federal Deposit Insurance Corporation (FDIC) insured bank deposit program serving as the cash sweep option.

Voya Financial offers 401(k) Plan, 457 Plan, 403(b) Plan to companies with 0 employees. Fidelity Investments offers to companies with 150,000 employees. The information in these side-by-side comparisons can be used to help your company make the best choice for its employees.

Empower scored higher in 8 areas: Overall Rating, Culture & Values, Senior Management, Compensation & Benefits, Career Opportunities, CEO Approval, Recommend to a friend and Positive Business Outlook. Voya Financial scored higher in 1 area: Work-life balance. Both tied in 1 area: Diversity & Inclusion.

Is Voya Financial a good insurance company? Voya has received high ratings from AM Best and the BBB. It is a financially strong company with years of experience. While the insurance company used to offer individual life insurance policies, today it only offers group life insurance and other employee benefits.

Voluntary Supplemental Life and AD&D Insurance.

The flat dollar administrative fee of $10.25 is now charged each quarter.

Critical Illness Insurance through Voya provides a lump-sum payment if you or a covered family member is diagnosed with one of the following medical conditions and meets the policy and certificate requirements: Cancer, Heart Attack, Stroke, Coronary Artery Bypass Graft, Kidney Failure, Alzheimer's disease, Major Organ ...