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Unum to launch new life insurance products |
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Unum, a provider of employee benefit products and services, has launched two updated life insurance policies, Interest Sensitive Whole Life 08 and Voluntary Individual Universal Life 08, with features that include riders offering long-term care options, a living benefit, and an accidental death benefit rider.
With a long-term care rider, a percentage of the life policy benefit can be paid out monthly, tax-free, if the individual is living in a long-term care or assisted living facility. The living benefit rider, available at no additional cost, provides an early payout if the policyholder is terminally ill.
Both Interest Sensitive Whole Life 08 and Voluntary Individual Universal Life 08 are designed to be offered along with group term coverage to give employees access to life insurance they can keep even if they leave their jobs.
www.insurance-business-review.com
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As the American Farmers and Ranchers Insurance Company expands into 24 western states, President and CEO Ray L. Wulf, AFR Executives and Members of the AFR Board of Directors met Idaho Governor Butch Otter and Idaho Department of Insurance Director Bill Deal to express their appreciation during the week of August 18th...
