The Tragedy Assistance Program for Survivors (TAPS), a national organization that supports the families of America’s fallen military personnel, received a $325,000 grant from the New York Life Foundation. The grant supported TAPS’ bereavement services for adults and children at its 19th Annual National Military Survivor Seminar and Good Grief Camp for Young Survivors held in Washington, D.C. over the Memorial Day weekend.
The Foundation’s funding will also support the child and teen programming at the TAPS National Military Suicide Survivor Seminar & Good Grief Camp being held Nov. 1-3 in Colorado Springs, Colo. This program supports families who are grieving the death by suicide of a loved one who served in the military.
In other industry news:
The Life Insurance Direct Marketing Association (LIDMA) awarded Kris Tomasini, development manager of Term Sales for Transamerica, the 2013 LIDMA Vision Award.
The LIDMA Vision Award recognizes people and organizations that make substantial contributions to the advancement of the direct response segment of the life insurance industry. It is the highest honor that LIDMA can bestow on an individual or organization.
“Kris has been a true catalyst for change in the industry and has worked tirelessly to improve the customer experience and expand the availability of life insurance to underserved middle Americans,” said Andy Meehan, president of LIDMA. “Her unique ability to utilize the customer perspective as a compass in solving complex business problems is a core principal of LIDMA’s Process Improvement initiatives.”
American General Life Companies (American General) released AG Accident Choice Plus, an insurance product that provides benefits, regardless of other health coverage, for a range of emergency medical costs related to accidental injuries. Available riders offer coverage in the event of critical illness, accidental death and dismemberment, and inability to work due to an accidental injury.
The highlights of AG Accident Choice Plus include:
- No coordination with major medical insurance;
- Dollar-for-dollar reimbursement up to the policy amount for covered medical expenses;
- No network restrictions;
- No lifetime limit;
- Critical illness, accidental death, accidental disability income, and disability riders .
Individuals up to age 64 are eligible for the plan and their children up to age 25 can be covered as well, regardless of whether they are students.
Clients can choose accident coverage in benefit amounts of $5,000 to $25,000 (in $5,000 increments), with three options of annual deductible ($100, $300 or $500).