An analysis by an industry expert of 11 of the top voluntary providers shows no perceived weaknesses in Unum’s products and services.1 And Unum is the only carrier that can say this, according to Eastbridge’s 2014 Voluntary/Worksite Marketing Industry Snapshot and Competitor profiles.
The report examines the voluntary marketplace including sales, inforce premium and product and distribution trends.
The results from this report reflect why Unum is the industry leader in whole/universal life sales2 and is third in the industry in critical illness, short term disability and total inforce voluntary premium.3
As a leading provider of employee benefits, we understand the right approach to an effective program means offering more than just products. We take a comprehensive view while serving our clients and consumers with a focus on providing quality education, service and technology that help to drive a complete voluntary benefits experience.
Sales results also paint a clear picture: Over the past 10 years, Unum’s traditional voluntary benefits business has grown from just about $247 million in 2003 to more than $666 million in 2013, an average annual growth rate of close to 14 percent.
1 Eastbridge, 2014 Voluntary/Worksite Marketing Industry Snapshot and Competitor Profiles (2014). Does not imply endorsement by Eastbridge of Unum’s products or services.
2 Eastbridge, U.S. Worksite/Voluntary Sales Report, Carrier Results for 2013 (2014).
3 Eastbridge, U.S. Worksite/Voluntary Sales Report, Carrier Results for 2013 (2014).