Bankers Fidelity in North Carolina — Issued as Atlantic Capital Life Assurance
By Anthony Orner, Independent Licensed Medicare Insurance Broker (compares multiple carriers) · Filed-rate data as of 2026-07-12 · Source: CSG Actuarial
Which company will be on your policy?
Bankers Fidelity Assurance Company and Atlantic Capital Life Assurance Company are separate insurers under common ownership, and which one issues your policy depends on your state. In North Carolina it is Atlantic Capital; in New Jersey and Pennsylvania it isBankers Fidelity. The rates on this page are the NC filings, which is what you would actually pay here. See our Atlantic Capital review for the issuing company in detail.
In North Carolina, Medigap policies in the Bankers Fidelity family are issued by Atlantic Capital Life Assurance Company (NAIC 17393) — a separate insurer under the same ownership. That company files the cheapest Plan G in North Carolina — $101.84 a month at age 65, rank 1 of 29 carriers quoting in the state, and roughly 35% below the $156.00 NC median. It also files the state's lowest Plan N at $78.54. Plan G benefits are standardized by federal law, so this is the same coverage the most expensive NC carrier sells for $315.20.
How Bankers Fidelity Prices Against Named NC Carriers
Filed Plan G rates at age 65, from our published carrier reviews. Bankers Fidelity is highlighted.
| Carrier | Filed Plan G (65) | Market rank | Latest NC filing |
|---|---|---|---|
| Bankers Fidelity | $101.84 | 1 of 29 | +4.9% (2025-08-01) |
| Insurance Co of North America (Chubb) | $126.19 | 4 of 29 | — |
| Medico | $128.01 | 5 of 29 | +18.59% (2025-09-01) |
| WoodmenLife | $152.66 | 13 of 29 | +15% (2026-01-15) |
| Mutual of Omaha | $184.64 | 25 of 29 | +20% (2026-05-01) |
Rate-Increase History in North Carolina
Entry price matters less than what happens after you enroll. Bankers Fidelity has one filing on record in the recent NC history we track: +4.9% effective 2025-08-01. For contrast, Mutual of Omaha filed four consecutive NC increases ending at +20% effective May 2026, and WoodmenLife filed four since May 2024 including +18% and +15%.
The Honest Caveat: This Is a Growing Block
A rate this far below market usually means a young block of policyholders who have not yet generated many claims — and young blocks age into rate increases. Here is the actual trend:
| Year | NC lives covered | Loss ratio |
|---|---|---|
| 2024 | 223 | 37% |
| 2025 | 1,371 | 57% |
A loss ratio is the share of premium paid back out as claims. Rising is normal as a block matures; it is not by itself a red flag. The right response is not to avoid the cheapest carrier — it is to enroll during a window when carriers cannot decline you for health reasons, which keeps the option to move later if the rate stops being competitive.
Applying in North Carolina
Bankers Fidelity does not run a consumer self-service portal — applications are submitted through a licensed broker. Applying online takes most people under 15 minutes and routes your application to the correct issuing company for your state.
Before you do, it is worth one phone call: we quote every carrier filing in your ZIP, not a shortlist. If Bankers Fidelity is not the best answer for your age, tobacco status, or household-discount eligibility, we will tell you which carrier is. See also our full Bankers Fidelity review and step-by-step application guide.
Same Plan G benefits: $101.84 or $315.20 a month.
One call and we'll tell you where every NC carrier lands at your exact ZIP and age — free.
Compare NC Carriers — 855-559-1700Bankers Fidelity in North Carolina — Common Questions
Related:
Rates are carrier filed rates from CSG Actuarial as of 2026-07-12, sampled for a 65-year-old non-tobacco applicant in ZIP 28202 (Charlotte); your rate depends on age, ZIP, tobacco status, and household-discount eligibility. Carrier-level figures and filing histories come from our published carrier reviews. MedicareYourself is a private independent brokerage and is not affiliated with or endorsed by Medicare or any government agency.