A group of 12 disability insurers has formed the Council of Disability Insurers.
The group will work to educate consumers, employers and marketers about the importance of disability insurance, according to the CDI, Portland, Maine.
“Most people don’t even think about the limitations of their benefits package or specific insurance coverage until they witness the misfortunes of family members or friends, or until it’s too late,” says Bud Guthrie, a CDI spokesman.
The founding members of the CDI include Assurant Employee Benefits, Kansas City, Mo.; Berkshire Life Insurance Company of America, Pittsfield, Mass.; Guardian Life Insurance Company of America, New York; Hartford Financial Group Inc., Hartford; Jefferson-Pilot Corp., Greensboro, N.C.; Massachusetts Mutual Life Insurance Company, Springfield, Mass.; MetLife Inc., New York; Mutual of Omaha Insurance Company, Omaha, Neb.; Principal Financial Group Inc., Des Moines, Iowa; StanCorp Financial Group Inc., Portland, Ore.; Sun Life Financial Inc., Toronto; and UnumProvident Corp.
The CDI is starting by recruiting an executive director, Guthrie says.
Guthrie can be reached at firstname.lastname@example.org.