Unum ups adoption assistance to $25,000

Unum has increased the adoption assistance it offers employees in its latest effort to grow and enhance its family-friendly benefit offerings. The insurance company will now provide $25,000 to employees adopting a child, up from the $5,000 it previously offered.

The benefit is available to all full-time U.S. employees who have worked at Unum for a year. Part-time employees also can take advantage of the program, but with a reduced benefit amount depending on their hours, Unum says.

The company says the benefit is a way to support its 9,500 U.S. employees, boost wellbeing and invest in its workforce.

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About Unum Group

Unum Group provides a broad portfolio of financial protection benefits and services through the workplace, and is the leading provider of disability income protection worldwide. Through its Unum US, Unum UK, Unum Poland, and Colonial Life businesses, the company provides disability, life, accident, critical illness, dental and vision benefits that protect millions of working people and their families. Unum also provides leave and absence management services that streamline the leave experience for employers and employees, and stop-loss coverage to help self-insured employers protect against medical costs. Unum reported revenues of $11.6 billion in 2018 and paid $7.2 billion in benefits.

 

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