The Plus Group, Inc., a disability insurance brokerage organization with 22 offices throughout the U.S., announced the first annual National DI Day®, which will take place in various locations around the country on May 5, 2015. This event is in conjunction with Disability Insurance Awareness Month (DIAM). National DI Day® is sponsored by The Plus Group, Inc. with support and assistance from the top DI carriers. Met Life’s video titled, “Words that Work” will be premiered at the various locations and/or remotely via a webinar. And Plus Group’s local offices will offer a unique program that may include: CE courses, DI Expert speakers, DI training and more. For more information about this one of a kind event, please go to www.NationalDIDay.com.
New York Life launched its new Clear Income Fixed Annuity, a fixed deferred annuity with a Guaranteed Lifetime Withdrawal Benefit that gives clients – primarily pre-retirees looking to lock in future income – a secure income that is guaranteed for life, and at the same time allows assets to grow while still maintaining control of their money. Clear Income was designed based on market research that examined how important certain product attributes are to retirees. Here are the top five most important attributes by percent of respondents: control of money, 76 percent; safety of principal, 73 percent; keeps pace with inflation, 72 percent; easy access to my money, 67 percent; income payments cannot be outlived, 55 percent; and high growth potential ranked eighth with only 36 percent indicating that this was important.
And in other New York Life news, the company announced that it received the Minority Corporate Counsel Association’s (MCCA) 2015 Employer of Choice Award for the Northeast Region. The honor spotlights five regional industry leaders who have committed to, and succeeded at, creating and maintaining an inclusive corporate legal department. The MCCA, a Washington, D.C.-based organization dedicated to the increased hiring, promotion and retention of minority legal professionals, recognized New York Life’s legal department for its commitment to an inclusive workplace and ongoing emphasis on diversity.
PlanSource®, which provides a cloud-based health exchange and benefits engagement platform, announced the availability of the PlanSource Mobile App™. The App, which is now available for free download through the Apple® App Store®, allows employees of organizations who use the PlanSource Platform™ quick and easy access to all of their benefits in one location via any iOS mobile device. Employers use the PlanSource Platform for benefits shopping, enrollment, billing and ongoing administration. Developed to be streamlined and simple to use, the PlanSource Mobile App puts convenience and control in the hands of consumers so they can easily look up the details of the health, life, disability and other benefits they are currently enrolled in and make informed choices related to their benefits all year long. Within the App consumers can instantly access relevant details anytime about each elected plan, share their ID cards and store relevant health care contacts right in the palm of their hands.
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For the seventh consecutive year, The Guardian Life Insurance Company of America® (Guardian) has been recognized by DALBAR Inc. and awarded the 2014 DALBAR Seal of Excellence for Underwriting and 2014 Seal of Excellence for New Business. Guardian is one of the nation’s largest mutual life insurers and a provider of individual disability income (DI) insurance, which is underwritten and issued by its wholly owned subsidiary The Berkshire Life Company of America. Both awards represent the “Seal of Excellence for Agent Interactions,” based on DALBAR’s annual overview of Disability Insurance New Business & Underwriting quarterly surveys.