Stop Loss Insurance: Protecting Your Bottom Line

Many companies choose to self-insure to gain greater control over their healthcare costs and benefit designs. However, assuming that risk requires a stable partner to protect against the impact of catastrophic or high-frequency claims. Companion Life provides that security through flexible stop loss coverage, allowing you to focus on your business while we help manage the financial unpredictability of healthcare.

As a Diamond Member of the Self-Insurance Institute of America (SIIA), we demonstrate a leadership position in the marketplace, providing our partners with the strength and expertise needed to navigate the complexities of self-funded plans.

We offer protection tailored to your company's specific risk tolerance and financial goals:

• Specific Stop Loss Insurance: This provides essential protection against a single, high-dollar claim on any one individual. It ensures that one catastrophic illness or injury doesn't compromise your company's financial stability.
• Aggregate Stop Loss Insurance: This coverage limits the employer's total risk across the entire group. Once the total of all employee claims reaches a pre-determined amount, the insurance takes over, providing a "ceiling" for your annual claims expense.
• Level Self-Funded Options: For employers looking for a balance between traditional insurance and full self-funding, we offer plans that provide predictable monthly payments with the potential for year-end savings.

Clinical Support with CompanionCARE®

We believe in providing more than just financial reimbursement. Our CompanionCARE® initiative is a no-cost program designed to support our stop loss partners and their clients. We provide access to experienced clinicians who work to find solutions for complex clinical cases and tackle cost-of-care challenges, ensuring your employees receive the right care at the right price.

A stop loss policy is only as good as the company's ability to pay when a major claim arises. Companion Life has maintained an AM Best rating of A+ (Superior) for 24 consecutive years.* This long-term stability means you can trust us to be there when your bottom line needs protection the most.

Companion Life has earned an AM Best rating of A+ (Superior)* for 24 consecutive years.

*Rating as of January 19, 2026. For the latest rating, access www.ambest.com. The rating represents an independent opinion from the leading provider of insurer ratings of a company’s financial strength and ability to meet its obligations to policyholders.