Is the National Life and Accident Insurance Company still in business?
Later that year, American General completed the largest acquisition in the history of the life insurance industry at that time, with the $1.5 billion purchase of The National Life and Accident Insurance Company , which is now American General Life and Accident Insurance Company .
What does Unum stand for?
out of many
Is Unum and Colonial Life the same?
Colonial Life is wholly owned by Unum , but operates as an independent subsidiary. Colonial Life is one of Unum’s three major business segments and accounted for 15% of Unum’s premium income for the year 2012. Tim Arnold is Colonial Life’s chief executive.
What kind of insurance is unum?
Benefits from Unum, also known as supplemental insurance, can help you protect your finances during tough times in your life. These policies can pay benefits when you’re unable to work or if you experience an accident or hospital stay. Already have Unum coverage?
What do the WSM call letters mean?
We Shield Millions
How do I contact American General Life Insurance?
Contact Us 1 (800) 445-7862. Email Us. 1 (800) 424-4990. Email Us. Hours of Operation: Monday through Friday, 5:30 a.m. to 5 p.m. Pacific Time. Hours of Operation: Monday through Friday, 7 a.m. to 6 p.m. Central Time. Independents: 1 (888) 502-2900, Option 3. 1 (888) 237-4210.
How much do Unum employees make?
Salary satisfaction The average Unum salary ranges from approximately $29,661 per year for Customer Service Representative to $119,350 per year for Director of Communications. Average Unum hourly pay ranges from approximately $13.00 per hour for Client Specialist to $28.00 per hour for Maintenance Person.
How does short term disability?
Short – term disability benefits cover a short leave from work. The amount of time varies between plans, but it’s generally between 17-52 weeks. The maximum benefit period is the maximum number of weeks you can get payments.
How does Unum accident insurance work?
Unum Accident Insurance can help your employees get back on their feet after an accidental injury . Our plans provide a lump-sum benefit to help them with expenses not covered by their medical insurance , such as co-pays, transportation costs and out-of-pocket fees.
Is Colonial Life a good company?
Yes, Colonial Life has good to excellent financial strength ratings by Moody’s, S&P, and AM Best credit rating companies. The company guarantees it will pay death benefits if you pass away within the assigned term (for the term life insurance plan) or as long as you continue to pay your premium .
How long has Unum been in business?
We’ve been helping others for more than 170 years . Since our founding in 1848, Unum has been a leader in the employee benefits business through innovation, integrity and an unwavering commitment to our customers.
What are Unum benefits?
At Unum, we help the working world thrive throughout life’s moments. We help millions of people gain affordable access to disability , life, accident, critical illness, dental and vision benefits through the workplace — benefits that help them protect their families, their finances and their futures.
What is considered a covered accident?
Covered Accident means an accident that occurs while coverage is in force for a Covered Person and results directly and independently of all other causes in a loss or Injury covered by the Policy for which benefits are payable.
How do you determine how much life insurance you need?
Most insurance companies say a reasonable amount for life insurance is six to 10 times the amount of annual salary. Another way to calculate the amount of life insurance needed is to multiply your annual salary by the number of years left until retirement.
What is a group accident plan?
Offering group accident insurance as part of your benefits package can provide your employees with an extra level of financial protection to help cover out-of-pocket medical expenses such as deductibles, copays, and coinsurance – and even non-medical expenses in the event of an accident .