The Knights of Columbus sells life insurance to its members and provides a wide range of insurance products, including annuities, disability-income insurance
and long-term care insurance.
In addition to voluntary benefits, ING offers traditional group life insurance, disability-income insurance
and stop-loss insurance products for employers.
The program offers education on medical insurance, disability-income insurance
, long-term-care insurance and managed care.
Employers that do not offer disability-income insurance
, which helps workers and their families pay living expenses while a wage earner is unable to work, cite high costs for such coverage as well as the belief that work activity does not indicate a high-enough disability risk.
Illinois Mutual, a disability-income insurance
carrier, now has Art Berg as its new Disability Income Series 21 product spokesman.
In the world of individual disability-income insurance
, the product possibilities are nearly endless.
Economic and demographic trends are fueling the sales of noncancelable individual disability-income insurance. A variety of forces are putting American workers' income at risk, leaving them with less ability than ever to tolerate disruptions in income.
As a result, after years of declining sales and negative profits, writers of noncancelable individual disability-income insurance hit the double digits in both profit margin and sales growth during 2001, according to an article in The Disability Newsletter, a Milliman USA publication.