Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

UnumProvident Offers Group LTC Indemnity Option

Your article was successfully shared with the contacts you provided.

NU Online News Service, Dec. 3, 2004, 5:10 p.m. EST

A Chattanooga, Tenn., insurer has unveiled a new group long term care insurance plan.[@@]

UnumProvident Corp. will start selling the new Group Long Term Care Advantage plan in January 2005.

Employers can choose between a reimbursement benefits option and an indemnity benefits option.

Other features in the new group LTC insurance plan include a $5,000 benefit that can be used immediately, even during the elimination period, and an international benefit payment feature.

UnumProvident is issuing the policy through a Portland, Maine, subsidiary, Unum Life Insurance Company of America.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.