According to LIMRA research, the percentage of employers offering voluntary benefits has increased 11% since 2010 and the market grew 3% last year.
Recent Group Life Insurance News
An amendment in The Family Savings Act, HR 6757 passed by the House of Representatives on Sept. 27, would improve access to annuities by removing barriers restricting the types of small business employers permitted to band together to offer a retirement plan.
As Life Insurance Awareness Month kicks offs, a OneAmerica-Harris Poll illustrates a big appetite for coverage as American workers seek to protect their financial futures.
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.
New MassMutual study also exposes need for stepped-up benefits education to fight knowledge gap – particularly among lower-income workers.
New John Hancock study identifies significant disconnect between fact and fiction regarding the cost of and ability to get coverage among Americans living with diabetes.
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.
New survey finds that many employees who do not have voluntary group life insurance provided by their employer say it is because their employer doesn't offer it.
New LIMRA study shows 108 million Americans have life insurance through their workplace, compared to 102 million covered by individual life insurance. It is the first time employment-based coverage has exceeded individual coverage.
Term life insurance accounts for the largest share of voluntary inforce premium by product, according to Eastbridge Consulting Group's annual U.S. State ESI and EPI Data report. Dental, short-term disability, long-term disability and universal/whole life rounds out the top five.