American General launches bundling program

American General Benefit Solutions is now offering a bundling program for its most popular insurance products provided through American General Life Companies.

The Multi-Product Solutions program allows employers to hold down benefits costs while providing their staff with more choices. Price adjustments are applied when employers include one or more employer-funded or employee-paid products with American General’s employer-funded group dental, group term life or group long-term disability plans. Price adjustments vary, but the greatest savings are awarded to companies that offer three additional products with the employer-funded plan.

American General offers 23 group and personal products, including term life, universal life, short- and long-term disability, dental, vision, limited health care, critical illness, accident, cancer and hospital indemnity. However, the Multi-Product Solutions program excludes supplemental life, dependent life, accidental death and dismemberment, New York Disability Benefit Law, New Jersey Temporary Disability Benefit, EAP buy-up and group limited healthcare.