Even with a lot of unknowns. And a few twists and turns along the way. Like unexpected accidents, illnesses, death of a loved one.
COVID-19 has made life insurance a priority for many.
Yet, many families forego the protection for other financial necessities.
What could happen to members who are already struggling with the uncertainty and financial stress of the pandemic if they were to lose their household’s primary source of income?
of families would face financial hardship within 6 months of losing one income.1
Help SAFEGUARD your members against life’s challenges at every stop along their journey.
With the right insurance protection when they need it the most.
That’s the percent of Americans who recognize they need life insurance, yet do not have adequate coverage to protect their families.1
Nearly half (46%) of U.S. adults don't have life insurance.1
And many don’t have accidental death and dismemberment (AD&D) protection.
How can you help make sure your members aren’t putting themselves at greater risk?
Life insurance in just minutes.
No medical exam and a nearly instant, automated online process increases the likelihood of purchase.
EMPOWER THEM to make important life decisions with uncomplicated, straightforward tools and calculators.
44 percent of millennials estimate the cost to be more than 6 times higher.1
Percent think life insurance is three times more expensive than it actually is. Real cost of term life insurance for a healthy 30-year-old? ~$160 per year.1
Deliver access to coverage at a variety of price points.
Members can easily experiment with protection price points—control that increases the likelihood they’ll choose a protection level they can budget and maintain over the long haul.
Members can more easily research, plan, and decide how to best protect their families.
Members can compare rates and choose different monthly payments and explore coverage options.
Some members will benefit from life insurance, some will find AD&D a better fit. Many will have reasons to opt for both. AD&D can either complement a life insurance policy or be an alternative resource depending on a member’s family and financial situation.
Percent jump injury-related casualties over the last 27 years and that accidents are the top cause of death for people aged 25-44.2
In addition to basic AD&D coverage, consider optional contributory living benefit* riders that pay out at diagnosis, not death, and offer a variety of protection options—stroke, cancer and heart attacks.
*May not be available in your state.
of all U.S. deaths every year are caused by heart disease, stroke, or other cardiovascular diseases.5
of men and women will be diagnosed with cancer during their lifetimes.6