Printer Friendly
The Free Library
19,607,053 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Corporate United Saves Members Millions on Accidental Death & Dismemberment Insurance Coverage; Group Purchasing Organization Provides Highly Flexible, Cost-Effective AD&D Plan.


CLEVELAND Cleveland, former county, England
Cleveland, former county, NE England, created under the Local Government Act of 1972 (effective 1974). It was composed of the county boroughs of Hartlepool and Teeside and parts of the former counties of Durham and
 -- Corporate United, the world's leading group purchasing organization A group purchasing organization is an entity that leverages the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. Many GPOs are funded by administrative fees that are actually paid by the vendors. , today announced that it has awarded a precedent-setting three-year accidental accidental /ac·ci·den·tal/ (ak?si-den´t'l)
1. occurring by chance, unexpectedly, or unintentionally.

2. nonessential; not innate or intrinsic.
 death & dismemberment dismemberment /dis·mem·ber·ment/ (dis-mem´ber-ment) amputation of a limb or a portion of it.

dismemberment

amputation of a limb or a portion of it.
 (AD&D) coverage contract to The Hartford, one of the nation's leading financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 and insurance organizations.

The agreement provides Corporate United members with access to a unique and very competitive contract that is estimated to generate millions in annual insurance savings. "We're very pleased with the comprehensive level of coverage this agreement provides and the range of benefits included," said Keven Gray, corporate vice president of strategy development for Corporate United. "The savings for members will be dramatic."

The contract allows Corporate United members to take advantage of comprehensive AD&D insurance coverage. Discount rates were negotiated for three years and are only available to Corporate United members regardless of company size. The comprehensive accident coverage for employees covers enhanced protection that includes such things as employee and spouse spouse  A legal marriage partner as defined by state law  education following a loss and home and vehicle adaptations following a loss.

"We're very excited to have the opportunity to offer cost-effective cost-effective,
n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate.
, comprehensive accident insurance coverage in partnership with Corporate United," said John Gallant John Gallant is a lacrosse player for the Colorado Mammoth in the National Lacrosse League. Before signing on with the Colorado Mammoth, Gallant played for the Washington Power for one season. , associate vice president, Accident Lines, The Hartford. "Our shared commitment to bringing the highest quality of service to our customers is an assurance of economy and value for their membership."

The AD&D coverage is currently available to all Corporate United members. For more information on the agreement, or to become a Corporate United member, please contact Corporate United at 440-895-0938. For additional information, go to www.corporateunited.com.

About Corporate United

Since 1997, Corporate United has been assisting the world's largest and leading companies to realize the power of leverage and indirect spend savings on their bottom lines. Corporate United facilitates an unrivaled network and provides the services and resource flexibility companies need to manage their enterprise spend requirements.

CU provides more than 80 Global 2000 companies across every industry sector with sourcing and contract management solutions. As the world's leading group purchasing organization, Corporate United succeeds when its members do; by combining leverage, knowledge, and sourcing expertise to achieve more from supply chain efforts. To learn more about Corporate United and how we can help your organization, please visit our Web site at www.corporateunited.com or call us at 440-895-0938.

About The Hartford

The Hartford(R) is The Hartford Financial Services Group Inc. and its subsidiaries, including issuing companies Hartford Life and Accident Insurance Co., Hartford Life Insurance Co., and Hartford Life Group Insurance Co.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:May 25, 2006
Words:413
Previous Article:Spire Receives FDA Clearance to Market Coated Long-Term Dialysis Catheter.
Next Article:Gulf Coast of Texas and Louisiana Becoming an Attractive Area for Wind Energy Developers, an Industrial Info News Alert.
Topics:



Related Articles
What's offered in a cafeteria plan?
Expenses due to workplace violence now covered. (Property/Casualty).
Archer Daniels Midland Co., Decatur, Ill., announces that its UK subsidiary, Pura Food Ltd., will purchase Van den Bergh Oils, Essex, United Kingdom....
Skier Guard offers coverage for skiers' season passes.
Athletes among targets of AIG's new products.
AIG offers commercial coverage for public venues.
Special feature: benefits of membership in the AICPA.
Consider voluntary benefit options: for many employers, they're a way to ease the pain of cutbacks in health-care coverage.
Special feature: making your AICPA membership work for you.
Accidental death, dismemberment.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles