A richer benefit package – voluntary benefits

Are you looking to offer a richer benefit package without adding another line to your budget?

Add Unum voluntary benefits

Unum has made voluntary plans easier than ever to implement and administer, with affordable employee-paid options that give your employees more choices without straining your bottom line.

Add a layer of voluntary products to your core group benefits at little or no direct cost to your company as a proven solution in the face of rising healthcare costs.

Unum makes it simple to implement voluntary benefits

Benefits: Our sole business

In 2007, women bought 69% of disability policies and 61% of critical illness policies.

Employees ages 30 to 49 are the most likely to purchase voluntary life, disability or critical illness coverage, according to Unum's internal data (2007).

Check out the Unum Buyers Study 2008: The trends employers are facing and the plans they're buying.

  • Benefits education and enrollment
    Unum can educate and enroll employees in both core group and voluntary benefits — often with guaranteed or simplified underwriting for quick coverage.
  • Coordination with medical and dental
    In most cases, Unum can enroll benefits purchased from other providers, including medical and dental plans, at the same time as our voluntary products.
  • Easy administration
    Unum's secure web-based platform, Simply Unum, makes voluntary and group benefits easier and quicker to administer.
References:
1. LIMRA, "Research Briefings: Analyzing the Size and Potential of Voluntary Worksite Benefits," by Ron Neyer, CLU, CHFC, August 6, 2007. Note: All companies surveyed have 10 or more employees.

The Facts:

Nearly 650,000 firms now sponsor one or more voluntary benefits.

Nearly 82 million U.S. workers have the opportunity to enroll in voluntary benefits.

Critical illness and supplemental medical insurance products showed the greatest growth.[1]