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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
July 10, 2001 at 08:00 PM
NU Online News Service, July 10, 1:23 p.m. – Colonial Life & Accident Insurance Company, Columbia, S.C., a subsidiary of UnumProvident Corp., has introduced the Medical Bridge indemnity insurance policy.
The policy, available in 30 states, provides lump-sum cash payments when the individuals insured are hospitalized for covered illnesses and injuries.
The policy also pays cash when doctors perform some types of outpatient surgery.
Policyholders can use the payments to handle expenses such as child care and transportation to the hospital as well as medical bills, Colonial Life says.
Colonial Life is selling the policy through employee-paid, payroll deduction programs at the worksite.
The policy excludes coverage for pre-existing conditions, but it is available with guaranteed-issue underwriting for employer groups that meet minimum group size and participation requirements, Colonial Life says.
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