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Simplified Insurance Plan Features Four Lines of Coverage in Single Group Rate
Jefferson Pilot Financial, one of the nation's leading providers of universal and variable universal life insurance, fixed annuities and employee benefits, today announced the introduction of "Paycheck Plus," a comprehensive package of voluntary income protection benefits that provides four lines of coverage within a single group rate.
OMAHA, NE November 22, 2005 -- Jefferson Pilot Financial, one of the nation's leading providers of universal and variable universal life insurance, fixed annuities and employee benefits, today announced the introduction of "Paycheck Plus," a comprehensive package of voluntary income protection benefits that provides four lines of coverage within a single group rate.
The simplified Paycheck Plus package covers short-term disability, long-term disability, term life insurance and accidental death and dismemberment, all at an economical group rate. Short-term disability is designed to protect employees' weekly incomes in the event of illness or injury, while long-term disability is used when the covered disability is more severe or becomes persistent. Term life insurance covers the event of untimely death, while the AD&D benefit covers accidental bodily injury. If an accident results in loss of life, the AD&D benefit is paid in addition to the term life benefit.
Also, employers and employees alike benefit from a streamlined enrollment process using a single form. Enrollees simply provide their name, address, and other details such as beneficiary information, then select the appropriate payroll deduction and sign the form. Jefferson Pilot Financial has made it that simple to get four lines of coverage in a single rate.
"Most employees carry insurance to cover the loss of or damage to their valuables," explains Len Cavallaro, Senior Vice President - Sales and Marketing, "but many neglect to protect their ability to earn an income. This package provides them with that opportunity while at the same time keeping things simple, easy and affordable."
The Paycheck Plus package is underwritten by Jefferson Pilot Financial Insurance Company, one of the nation's top group insurance providers. Jefferson Pilot Financial boasts a solid record of financial strength and industry-leading innovations for service and support.
For more details, visit www.jpfinancial.com or call (800) 423-2765.
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