White Plains, NY…March 19, 2019 Amalgamated Life Insurance coverage Firm (www.amalgamatedlife.com), a number one supplier of complete insurance coverage options, introduced immediately its introduction of a brand new voluntary group degree time period life insurance coverage product. Out there in 10, 15 or 20 12 months phrases, the product has many enticing options together with: assured problem for people as much as age 65 with minimal participation based mostly on group measurement; face quantities starting from $5,000 to $300,000, however to not exceed 5 occasions a person’s annual employment revenue; and household protection. Due to its portability characteristic, insured people can take the protection with them if they alter jobs or retire.
Spouses might be added to the plan and coated by an quantity equal to 50% of the insured employee’s coverage face worth as much as a most demise good thing about $150,000. Baby protection can also be accessible as much as $10,000 for eligible dependents as much as age 26.
The product additionally presents an Accelerated Loss of life Profit Rider included at no additional premium price. It permits for a portion of the coverage’s demise profit to be paid earlier than the demise of the insured if recognized with a terminal sickness with a life expectancy of not more than 12 months. Additionally accessible is an Unintentional Loss of life and Dismemberment Profit Rider which supplies non-obligatory protection for an unintentional demise or dismemberment ensuing from an unintentional bodily damage incurred by the insured.
Amalgamated Life’s competitively priced voluntary group degree time period life insurance coverage product is supported by the corporate’s award-winning customer support and responsive claims paying historical past. It is a wonderful monetary product to offer safety to staff and their households over a particular time interval equivalent to their working years or till their kids are in faculty or residing on their very own.
Amalgamated Life’s voluntary group degree time period life insurance coverage product is being rolled out throughout the nation and is already accessible in additional than half the states.
For extra data, go to: www.amalgamatedlife.com or name: 914.367.5000.