Life Health > Life Insurance

CNA Rolls Out Group LTC Program

Your article was successfully shared with the contacts you provided.

NU Online News Service, May 1, 2:59 p.m. – CNA Financial Corp., Chicago, says its group benefits unit is introducing the Independent Solutions group long-term care insurance program.

The program offers a range of coverage and benefits options designed for employer-sponsored plans with 25 or more enrolled employees.

Employers can either offer the program on an entirely voluntary, employee-paid basis, or they can pay for a minimum set of core benefits and give employees a chance to buy more coverage, CNA says.

Employers can offer program coverage to retirees, employees’ spouses, and employees’ parents, grandparents and in-laws as well as to the employees themselves.

The group LTC program policies will be underwritten by Continental Casualty Company or CNA Group Life Assurance Company, two CNA affiliates.

More on this topic