Aflac incorporated announces the launch of its new group worksite life insurance

Aflac incorporated announced the launch of its new group worksite life insurance. it is the latest product in the company's life portfolio, designed to help a wide array of individuals and families pay the bills if something happens to a primary wage earner. available in term and whole life options for consumers ages 18 to 70, the company's new group life coverage can help protect and maintain workers' and their families' way of life in the event of the insured's death — from being able to continue making payments on the family home to helping with the kids' school tuition or other day-to-day expenses. in addition, living benefits are available to help insureds should a terminal illness diagnosis occur while they are alive, with fixed cash benefits that can be used to help with long-term care, home health care needs or however one chooses. the company makes group life coverage easier to obtain by offering guaranteed-issue options for qualified accounts with as few as five lives and simplified issue for accounts with as few as three lives. new benefits available with the company’s group life coverage include: advanced claim payment — to help with immediate final expenses such as funeral costs, the company may advance a portion of the policy's proceeds upon notification from the beneficiary before receiving all necessary documentation; first-responder benefit rider — as a part of the company's growing portfolio of first-responder benefits, this rider pays an additional benefit if death occurs in the line of duty; appealing new living benefits rider options — provide fixed, lump-sum or periodic payments for a qualifying chronic condition while the certificate holder is living.
AFL Ratings Summary
AFL Quant Ranking