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.
Recent Group Disability Insurance News
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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