Unum has solutions designed for growing businesses like yours. For more information, contact us or call the Unum sales office nearest you.
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How important is a paycheck to your employees? Are they living paycheck to
paycheck? Studies show that more than half of all Americans do.1 Do
your employees understand that their worker's compensation coverage will not
provide a financial benefit for accidents or injuries that occur off the job?
How important is employee productivity to your company? If an employee is out of
work due to a disability, how sharply is your bottom line impacted? Would
ensuring that your disabled employee is receiving appropriate, timely
assistance and services be meaningful to you and your company?
Disability insurance provides financial benefits to employees
when they are unable to work due to a disability caused by a covered illness or
injury, regardless of whether or not that illness or injury is work-related.
When that disability insurance is purchased through Unum, it
also provides your employees with dedicated, experienced claims management and
vocational rehabilitation assistance. In turn, you and your employees both
benefit from our attentive claims service and return-to-work support services.
Use our disability
insurance calculator to learn more.
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- At the turn of the 20th century, thirty-three million Americans were classified
as severely disabled.2
- Three out of every 10 workers between the ages of 25 and 65 will experience an
accident or illness that keeps them out of work for three months or longer.3
- Nearly 60% of injuries happen off the job, which means employees are not
covered by worker's compensation benefits.
Unum's group and individual long term, short term and supplemental
disability insurance plans — available in both employer-paid or
employee-paid options — offer a range of coverage options that can be
coordinated to meet the specific coverage and benefit needs of both your
company and your employees, regardless of their position or income. For broker compensation information, click here.
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Probably the most commonly understood insurance product, life
insurance is considered a necessity by most individuals. It's also the most
common insurance benefit provided by employers, after medical benefits. Yet
millions of Americans are underinsured: in fact, during the past two decades,
the number of households in America without life insurance has increased by
103% — even though the number of households has risen only 39%.1
Statistics emphasize the need:
- Between 1995 and 1997, almost 40% of all deaths that occurred were people
between the ages of 25 and 64.2
- More than half of Americans live from paycheck to paycheck.3
Unum offers a range of group and voluntary term, universal and
interest-sensitive whole life insurance plans for smaller businesses, as well
as optional accidental death and dismemberment coverage. Plans are available in
either employer-paid or employee-paid options, so specific coverage and budget
needs can be easily met. Use our life insurance calculator to learn more. Or contact us or call the Unum sales office nearest you. For broker compensation information, click
here.
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The need for long term can affect people at any age. In fact, more than 12
million Americans currently need long term care.1 Expenditures for
nursing home and home health care totaled $117.1 billion in 1998. Medicare
covered only 18% of that. Medicaid (available only after your assets have been
depleted) covered 39%. Almost 30% of it — more than $35 billion — was paid
out-of-pocket by individuals.2
While long term care needs can be devastating to your employees, they can affect
you as well. Consider: an employee who is dealing with long term care needs for
a family member may experience increased absenteeism, lowered productivity and
morale, and an inability to participate in needed business travel. As awareness
of the impact of long term care on individuals and businesses has grown, long
term care insurance has become one of the most rapidly growing employee
benefits today.
Unum offers group and individual long term care insurance benefit plans
that can be tailored to meet the needs of your company and your employees,
using either employer-paid or employee-paid options. For more information, contact us or call the Unum sales office nearest you. For broker compensation information, click here.
- For legal notices pertaining to LTC products click here.
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While medical and disability insurance help to cover the
costs of most critical conditions, there are many hidden costs that may not be
covered by these benefits. These can include private nursing, home health care,
medical treatment outside specific networks, insurance and prescription
co-payments and deductibles, etc. Critical Illness insurance can help fill
many of these gaps in coverage. Critical Illness is specifically designed to
help provide protection against the high costs associated with covered serious
illnesses. Available only as an employee-paid voluntary benefit, this unique
coverage is an ideal benefit enhancement to your employer-paid or employee-paid
disability insurance coverage. For more information, contact us or call the Unum sales office nearest you. 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. This
service is included with Unum's LTD plans and available with group
term life plans.
- 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 standardly
available on group term life plans.
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Employer Compliance Info is a
comprehensive source for current federal and state employment compliance
information for all 50 states. This resource covers virtually all HR topics,
including sample employee policies and procedures, and is included with
Unum's group LTD plans (with an effective date of June 1, 2004 or
later) covering 10-1,999 employees.
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Whether you pay for the full cost of your employee benefits plan, pass
along the cost to your employees or share the expense, Unum can help
you find the financing options that work best for your company, allowing you to
build a comprehensive benefit plan and stay within your budget.
Unum can offer you a customized benefit plan — incorporating group and
individual plan designs — that is 100% employer-paid, 100% employee-paid, or a
combination of both. Your Unum representative is ready to discuss your
funding and budget needs, and to create a benefit plan that meets those
requirements.
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