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For larger employers, developing an appropriate benefit plan design becomes
less about a specific "product" and more about an integrated solution that
addresses corporate needs for cost control, risk management and productivity.
With extensive experience in disability benefit plans, related coverages, and
absence management expertise, Unum is uniquely qualified to help you
design a benefit plan for your specific corporate needs. For more information, contact us or call the Unum sales office nearest you.
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Unum is the nation's leading provider of group LTD benefits. Our plan
designs cover the majority of income protection needs for your employee
population. We offer:
- Choices in benefit percentage, maximum duration, elimination period and
disability definition
- A work incentive benefit, allowing employees to return to work part time
while continuing to receive their income replacement benefit (up to 100% of
pre-disability earnings)
- A spouse disability option provides cash benefits when a spouse loses
activities of daily living, making it easier for the employee to continue
working
- Valuable employee assistance services at no additional cost
Unum's LTD plans are available under a variety of funding options,
including 100% employer paid, 100% employee paid, and flexible
base/supplemental options. For broker compensation information, click here.
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Unum's group STD plan provides income replacement for shorter periods
of time and is designed to integrate well with LTD benefits. If a disability
covered by STD benefits extends beyond the specified benefit period, the
STD claim merges seamlessly into integrated Unum LTD benefits. This
means that, for every disability, claim management starts early, maximizing
opportunities for a faster return to work for the employee. Unum's
group STD plans are available under a variety of funding options, including
100% employer paid, 100% employee paid, and flexible base/supplemental options.
View a Group STD insurance brochure. For broker compensation information, click
here.
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Unum's newest group offering provides choice at both the employer and
the employee level and the flexibility to tailor coverage to best meet the
diverse needs of the employee population. Select disability insurance
offers:
- A range of funding options 100% voluntary (employee paid) or shared funding
between employer and employee
- Employer choice of benefit duration, range of elimination periods, and maximum
income replacement percentage
- Employee choice of benefit amount (in $100 increments) and elimination period
- The ability to elect a very short elimination period with a long benefit
duration within one policy
The Select disability insurance offering includes the Educator Select plan
that is specifically designed to include features and provisions that are
important to the education market.
The Select product is not available in New York and certain other states.
Contact your Unum representative for availability. Select and Educator Select disability plans are treated as LTD
insurance for broker compensation purposes. For broker compensation
information, click here.
Get more information now on how Select and Educator Select can work for you.
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Five states (California, Hawaii, New Jersey, New York and Rhode Island) have
state mandated (or statutory) short term disability programs, each with unique
provisions and guidelines around how employers must comply with these programs.
Unum administers statutory plans in four of these states (California,
Hawaii, New Jersey and New York), applying our full spectrum of claims
management resources in each. We offer fully insured statutory coverage in
Hawaii, New Jersey and New York and self-insured statutory plans in California,
New Jersey and New York.
Unum's short term income protection plans are designed to integrate
easily with state mandated disability plans, which allows enhanced benefits
where state mandated benefits may be insufficient, or when consistency of
benefit programs between employees based in statutory and non-statutory states
is needed. For broker compensation information call 800-633-7491.
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Administrative services for self-insured group STD and LTD income protection
plans include claims administration and disability risk management services.
These services are an attractive option if you wish to retain plan and funding
responsibility, but outsource for best-in-class claims administration.
Unum offers a range of services to meet specific needs, allowing you
to reduce the burdens of administering disability claims internally. STD
self-insurance services must be purchased in conjunction with Unum's
group LTD coverage. View a self-insured
STD services brochure. For broker compensation information call 800-633-7491.
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Basic LTD and STD plans offer a good foundation of income protection for all
employees. For certain classes of employees, however, especially those who are
highly compensated, additional coverage may be needed. Unum's
supplemental individual disability plans can be integrated into your
overall benefit program to meet these needs. Features of the plans include:
- Available guaranteed standard issue programs
- Guaranteed renewable and non-cancelable contract options
- Multiple levels of available coverage
- Benefit increases available with increases in income
- Income replacement of up to 100%
- Built-in ability to exchange income protection insurance for individual long
term care insurance between the ages of 60 and 70
Supplemental individual disability plans sold at the workplace are
available under a variety of funding options, although most employers elect
employee-paid programs. View a brochure on disability insurance. For broker compensation
information, click here.
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Unum offers a range of life insurance options, including group term
life insurance as well as voluntary term, universal and interest-sensitive
whole life plans. The group term plan is available under a variety of funding
options, including employer-paid, employee-paid, and flexible
base/supplemental. Voluntary supplemental plans are available only as
employee-paid programs.
Group Term Life Insurance features:
- Full portability available
- Standard Accelerated Benefit feature
- Waiver of premium can be integrated with Unum LTD
- A complimentary interest-earning cash management account for beneficiaries
receiving $10,000 or more
- Survivors and terminally ill covered employees or spouses receive objective and customized financial planning and advice for 12 months1
- Valuable employee assistance services are available
- Optional matching AD&D benefits available
For broker compensation information, click here.
Voluntary Term Life Insurance
- Guaranteed or simplified issue, subject to case underwriting approval
- Guaranteed level premiums and death benefits for up to two consecutive 10-year
periods
- Guaranteed yearly renewable to age 95
- Multiple family coverage options
- Living benefit option rider included
- Waiver of premium and accidental death benefit riders available
For broker compensation information, click here.
Voluntary Universal Life Insurance
- Guaranteed or simplified issue, subject to case underwriting approval
- Designed to build cash value
- Multiple family coverage options
- Living benefit option rider included
- Long term care, income protection, accidental death and/or waiver of premium
riders available
For broker compensation information, click here.
Voluntary Interest-Sensitive Whole Life Insurance
- Guaranteed or simplified issue, subject to Case Underwriting Approval
- Guaranteed level premiums
- Designed to build cash value
- Multiple family coverage options
- Advance benefit option rider included
For broker compensation information, click here.
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One of the most rapidly growing employee benefits today is long term care
insurance. Unum offers both individual and group LTC plans on a
voluntary or employer-paid basis.
Group LTC features include:
- Guaranteed issue available for employees (no medical questions at application)
*
- Extended eligibility (for spouses, parents, grandparents etc.)
- Guaranteed renewable
- Indemnity benefits (pays the total benefit amount rather than reimbursing for
actual expenses)
- Total Home Care option (covers professional and informal care, including care
provided by family or friends)
- Free access to LTC Connect®, an information and referral service for long term care concerns, as well as
access to discounted rates for long term care services and equipment
- Full portability so employees can elect to continue their coverage if they
leave your employment
For broker compensation information, click here.
Individual LTC features include:
- Extended eligibility (for spouses, parents, etc.)
- Guaranteed standard issue available for employees (two medical questions at application)
- Guaranteed renewable
- Choice of indemnity or reimbursement benefit plans
- Total Choice Home Care option (covers professional and informal care, including care provided by immediate family members)
- Free access to LTC Connect®, an information and referral service for
long term care concerns, as well as access to discounted rates for long term
care services and equipment
For legal notices pertaining to LTC products, click here.
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In addition to basic group benefits, Unum also offers a full line of
competitive supplemental benefits — on both group and individual platforms —
each available through payroll deduction. The addition of a supplemental plan
to your overall benefit program can help you provide needed or requested
benefits at little or no cost to your company.
Unum offers the following supplemental benefit plans sold
at the worksite:
- Group voluntary short term disability insurance
- Group voluntary long term disability insurance
- Group voluntary term life insurance
- Group voluntary accidental death and dismemberment
- Voluntary term life insurance
- Voluntary universal life insurance
- Voluntary interest sensitive whole life insurance
- Voluntary short term disability
- Voluntary critical illness
- Voluntary accident insurance
- Voluntary cancer insurance
- Voluntary MedSupport insurance
- Individual income protection
- Individual long term care
For broker compensation information, click here.
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Unum's group LTD, group term life and long term care plan designs also
include the added value of various employee-specific services that can
help your employees every day — whether or not they file a claim. The
services are available with your Unum contract, eliminating the need
to purchase similar services from additional vendors. These employee services
include:
- Work-life
balance employee assistance program* in the form of 24-hour
toll-free access to professional advice, referrals and counseling. The
assistance can help keep employees at work and productive, while allowing them
to deal with challenges such as parenting, child care, elder care, addiction
and recovery, legal issues, education and more.
- Worldwide
emergency travel assistance services, providing immediate support
for employees and their families who experience medical or personal emergencies
while traveling more than 100 miles from home. This service is available with
Unum's LTD and group term life plans.
- Access to LTC Connect®, an information and referral service for
long term care policies, as well as access to discounted rates for long term
care services and equipment. These services are included with Unum's
group and individual long term care policies.
- Survivor
financial counseling services, at no additional cost, provides
comprehensive, objective and customized financial planning to terminally ill
employees or covered spouses, or their survivors. This service is available on group term life plans.
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