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Ameritas Life Insurance Corp. and Allied National, Inc. Announce Marketing Agreement.


Business Editors

LINCOLN Lincoln, city and district, England
Lincoln, city (1991 pop. 79,980) and district, Lincolnshire, E England, in the Parts of Kesteven, on the Witham River.
, Neb. & KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo.--(BUSINESS WIRE)--March 5, 2001

Today, Ameritas Life Insurance Corp. (Ameritas) and Allied National, Inc. (Allied) announced a marketing agreement that will both expand and enhance Ameritas' dental market and complete Allied's portfolio of branded group products.

Ameritas will insure Insure can mean:
  • To provide for financial or other mitigation if something goes wrong: see insurance or .
  • Or you may be looking for ensure or inshore.
 a new dental plan that is part of a complete group of ancillary Subordinate; aiding. A legal proceeding that is not the primary dispute but which aids the judgment rendered in or the outcome of the main action. A descriptive term that denotes a legal claim, the existence of which is dependent upon or reasonably linked to a main claim.  employee benefits plans being introduced by Allied. Allied's complete line will be collectively packaged as Horizons(TM) Companion Plans and will include group dental, life and disability plans. Horizons Companion Plans will be offered as a package or on their own. Each plan offers flexibility in plan and benefit selection as well as a one-stop one-stop
adj.
Relating to or providing a comprehensive selection of goods or services at a single location: one-stop shopping; a one-stop health-care center.
 shopping outlet for employee benefit producers.

The Ameritas dental plan option, which will be marketed under the name Horizons(TM) Companion Dental, completes Allied's new group ancillary product portfolio by adding a large group dental product and a voluntary plan design to complement both large and small group products. Six Ameritas dental plan designs - jointly developed to meet Allied's needs - will be administered by Allied as part of the group product portfolio, and will be insured with claims services provided by Ameritas. Allied will market these products through their traditional general agent/independent agent distribution system, which distributes Allied's branded and non-branded group health and ancillary products.

Ameritas Group Division President Dave Moore Dave Moore is an English name which may refer to:
  • Dave Moore (newscaster) (1924-1998), American newscaster on Minnesota television
  • Dave Moore (American football player) (1969- ), American long snapper/tight end for the Tampa Bay Buccaneers
 said, "Ameritas and Allied are uniquely aligned to solve each other's needs. We have the group dental product they are seeking, and they have the distribution to help us grow our new business. This new marketing arrangement is a win for us both."

Allied Executive Vice President Ray Fushimi agreed. "This is the perfect alliance for both Ameritas and Allied. The Ameritas group dental product is an important addition to the full spectrum of quality group products offered by Allied. Allied can now give its agents the opportunity to provide unique flexibility and choice in dental insurance Dental insurance is insurance designed to pay the costs associated with dental care. Dental insurance pays a portion of the bills from dentists, hospitals, and other providers of dental services. , which is desired by employers and employees nationwide."

Ameritas Group Dental, also known as The Dental Health Experts(SM), is a premier dental carrier that provides outstanding customer service, product flexibility and affordable dental health solutions. Known for its wide variety of flexible solutions, Ameritas recently was noted for outperforming its competition in terms of quality and value, among other aspects, in a survey conducted by Walker Information.

Currently operating in 35 states, Allied will market Ameritas dental plans to businesses with 25 or more lives. With a concentrated effort to market and promote the Ameritas dental plans, Allied expects to increase dental production levels significantly. Plan effective dates for new groups begin April 1, 2001.

Ameritas Group Dental, a division of Ameritas Life Insurance Corp. (founded 1887) and an Ameritas Acacia acacia (əkā`shə), any plant of the large leguminous genus Acacia, often thorny shrubs and trees of the family Leguminosae (pulse family).  Company, offers group dental and vision products nationwide. In New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, products are offered through First Ameritas Life Insurance Corp. of New York. Ameritas' complete line of flexible and affordable dental solutions includes managed care, traditional indemnity Recompense for loss, damage, or injuries; restitution or reimbursement.

An indemnity contract arises when one individual takes on the obligation to pay for any loss or damage that has been or might be incurred by another individual.
, small group and voluntary products. Ameritas also offers expertise in dental block consolidation, and partnering with companies that wish to exit the dental marketplace, improve the financial performance of their existing dental business, or diversify diversify

To acquire a variety of assets that do not tend to change in value at the same time. To diversify a securities portfolio is to purchase different types of securities in different companies in unrelated industries.
 their product line and boost sales through the addition of Ameritas' enhanced dental product portfolio. Other Ameritas Acacia Companies products and services include life insurance, annuities, mutual funds, banking, retirement strategies and investments.

A solid commitment to long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 relationships, superior service and honest dealings has built a history of success for Allied and its customers. With roots dating to the 1940s, Allied National, Inc. has earned a national reputation as a premier administrator and marketer of individual and group benefit plans for tens-of-thousands of agents, insureds and employers. Striving for and attaining superior service and product innovation has always been the Allied way.

For more information about the companies, including ratings from independent analysts as well as products and services, visit:

Ameritas www.YourDentalSolutions.com (In New York, www.NY.YourDentalSolutions.com) www.ameritasacacia.com

Allied www.alliednational.com
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 5, 2001
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