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Worksite Marketing

Updated (8/24/05)
Short-Term Life/Disability Plan
Petersen International Underwriters introduced its short-term contingency life/disability plan. It is designed to provide instant, short-term coverage for life or disability insurance while waiting for underwriting approval for standard life or disability coverage. The plan is written for third-party situations only, can provide coverage from 30 to 90 days only, and includes a simplified underwriting application, which can be approved in hours. For more information, call 800-345-8816.

Disability Program
Petersen International Underwriters released “The Top Hat,” -- an automatic issue excess disability insurance program. Top Hat is designed to layer additional disability benefits over a person's coverage to bring them up to 65% of income with little or no additional underwriting. The Top Hat program can offer up to $10,000 additional monthly benefits, over a person's coverages, without any further underwriting. It is available through Petersen International Underwriters and through selected brokerage outlets around the country. For more information, call 800-345-8816.

8/23/05
Final Expense Product. Homesteaders Life Company is offering a worksite-funding product, “Final Expense Plus.” It offers the convenience of a totally paperless online enrollment system. FEP is a payroll deducted voluntary insurance benefit that is designed to give working-aged consumers an affordable, portable, permanent, whole life policy that is custom-designed to fund future funeral and final expenses. The new online enrollment system is an enhancement to a product, which requires little to no administrative effort by a company's human resources department. For more information, call Tom Bischoff at 800-477-3633, ext. 7874 or visit www.homesteaderslife.com.

Affordable Group Benefits. Fort Dearborn Life introduced the FOCUS on Small Business portfolio. It offers small businesses a broad range of affordable group benefits, which are easy to maintain. It includes life, short-disability, and long-term disability insurance plans designed for business with two to nine employees. The employer works with the broker to make a few simple choices concerning maximum coverage amounts and benefit periods to implement a flexible program on an employer-paid or voluntary basis. For more information, visit Fort Dearborn Life at www.fdl-life.com or call 800-331-0512.

Discounted Group LTC Insurance
Members of approved employer groups and associations can purchase long-term care insurance from the Guardian at a 10% permanent premium discount through Berkshire Life. The following organizations may qualify:
- Any business entity with three or more employees.
- State, regional, county, or municipal associations with 100 or more members.
- Associations, labor unions, credit unions, and trade or professional organizations with 10 or more members.
For more information, call (212) 598-1554 or visit www.GuardianLife.com.

Voluntary Dental. MetLife launched voluntary dental benefit plans for small employers, which feature negotiated fees, flexible plans, and educational materials. For more information, visit www.metlife.com or call 212-578-9561.

Online Enrollment. UnumProvident is developing a Web-based enrollment platform. “plane.biz,” will be the first complete enrollment integration of UnumProvident's group, supplemental and multi-life disability income protection products. It will be used during face-to-face enrollment sessions, through call centers, or by employee self-service on the Internet. For more information, visit www.unumprovident.com, call 866-750-8686, or e-mail mguenther@unumprovident.com

(updated 05/05 )
Worksite UL. Conseco is offering a universal life insurance product for small and large employer groups. Worksite UL requires a minimum of five participants and can be marketed to larger group clients. For more information, call (317) 817-4418 or visit www.conseco.com.

(updated 05/05 )
EAP. CIGNA is offering a suite of work and life assistance services to employers who purchase group life insurance through CIGNA Group Insurance. The program gives workers and their immediate families access to in-person and phone consultation services with behavioral health counselors. It also includes a variety of services including childcare referrals, senior care, substance abuse or alcohol programs, or discounted alternative healthcare services, such as smoking cessation and weight-management programs. For more information, visit www.cigna.com.

(updated 05/05 )
Disability
Worksite Marketing. MassMutual introduced “MaxElect,” a guaranteed standard issue supplemental individual disability income insurance product. It offers retirement contribution protection and/or catastrophic coverage. For more information, call (860) 987- 4451or visit www.halfapaycheck.com

(updated 05/05 )
Dental
MetLife and SafeGuard entered into an agreement to provide a dental benefit offering to California businesses. Under the agreement, employers will be able to offer dual option dental benefits, consisting of SafeGuard's dental health maintenance organization (DHMO) product alongside MetLife's insured dental preferred provider organization (PPO) product. For more information, call (949) 425-4300 or visit www.safeguard.net.

(updated 05/05 )
PPO. Ameritas Group is offering PPO Bonus -- an enhancement to its Dental Rewards plan. With PPO Bonus, an insured who visits an Ameritas or First Ameritas PPO provider at least once during the benefit year, earns an additional carryover amount toward the next year's annual maximum benefit for dental. For more information, call (402) 309-2507 or visit www.ameritasgroup.com.

(updated 1/05 )
Dental Plans. Guardian introduced two new DentalGuard plans, a Maximum Rollover feature, and a Monthly Switch option. The enhancements provide greater flexibility in plan design. For more information, call (212) 598.8329 or visit www.guardianlife.com.

 

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