Recent Group Disability Insurance News
About 1 in 4 employers now offer CI as a voluntary benefit, and premiums increased an impressive 15% last year.
Dental insurance reclaims the second-most offered benefit spot from retirement savings plans and life insurance leapfrogged vision insurance to claim the fourth spot in the recently released 2017 Health and Workplace Benefits Survey.
Annual campaign aims to educate working Americans about the need for income insurance. While data shows 64% of consumers believe most people need disability insurance, only 20% actually own it.
New MassMutual study also exposes need for stepped-up benefits education to fight knowledge gap – particularly among lower-income workers.
Acquisition will make The Hartford the second-largest group life and disability insurer with approximately $5 billion in expected earned premium while it will allow Aetna to enhance its focus on core health insurance business.
Contrary to most traditional worksite benefits marketing, which centers on the employer, efforts to sell optional benefits must instead focus on the individuals making the buy/no-buy decision - the employees.
STD new sales premiums show a 12% increase while LTD new sales premiums increased 15% according to Milliman's 2016 U.S. Group Disability Market Survey.
New survey from OneAmerica delves into reasons why people aren't taking advantage of disability insurance when offered by employers.
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