MetLife Introduces New Employee Insurance Program: Business Travel Accident Insurance.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 -- Complements Group Life and AD&D Benefits; Customized to Meet Employers' Unique Needs MetLife today announced the availability of Business Travel Accident Insurance, an important addition to complement the company's comprehensive suite of Group Life and Accidental Death and 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) insurance products. MetLife's Business Travel Accident Insurance provides additional financial protection and peace of mind for employees traveling on company business. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a 2004 Business Travelers Survey conducted by the Travel Industry Association of America, domestic business travel continues to rise - increasing nearly 4% during the first half of 2004 over the previous year. "MetLife's Business Travel Accident Insurance is an exciting addition to our employee benefits offerings. The new coverage provides important financial protection for employees who are traveling on employment-related business and can provide employers a cost-effective way to enhance the value of their group life insurance programs," said Tony Trani, vice president, MetLife Life Products Management. For employees traveling on company business, MetLife's Business Travel Accident Insurance provides them and their beneficiaries added financial security should they be confronted with the unanticipated consequences of an accidental death or certain serious accidental injuries. This protection, in which benefits are paid directly to the employee or beneficiary, is in addition to any life insurance benefits that they may be eligible to receive. The new policy provides 24-hour-a-day, 100% employer-paid coverage for U.S. employees traveling domestically or internationally on employment-related business. The coverage can be customized with flexible plan designs and benefit amounts tailored to meet employers' unique business travel needs. MetLife also offers the capability to cover all employees or designate des·ig·nate tr.v. des·ig·nat·ed, des·ig·nat·ing, des·ig·nates 1. To indicate or specify; point out. 2. To give a name or title to; characterize. 3. specific employee classes. Some of the additional features of MetLife's Business Travel Accident Insurance include: --Coverage for relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. travel --Coverage commuting to, from and between business or client locations --Coverage for non-employees such as consultants and members of the Board of Directors --Payments for a hospital confinement con·fine·ment n. 1. The act of restricting or the state of being restricted in movement. 2. Lying-in. confinement or physical therapy needed as a result of an accident --Additional benefits should accidental death occur while using a seat belt or air bag "As business travel continues to grow, business travel accident insurance is becoming increasingly important to employers and employees alike. Created in response to these growing needs, MetLife's Business Travel Accident Insurance is an ideal complement to employers' group life and AD&D insurance coverage," added Trani. When adding a MetLife Business Travel Accident Insurance policy, an employer may also wish to consider a Travel Assistance feature. With Travel Assistance, employees have access to a broad array of additional travel services, such as: --Service providers available 24-hours-a-day, year-round to assist in the event of an emergency when traveling more than 100 miles from home domestically or internationally. --Emergency services such as medical and legal assistance. --Non-emergency services including financial assistance, locating lost luggage and general travel inquiries such as visa and passport requirements. The Travel Assistance services are not part of the MetLife Business Travel Accident Insurance policy, but are provided through an agreement with a third-party provider. MetLife, a subsidiary of MetLife, Inc. (NYSE NYSE See: New York Stock Exchange : MET) is a leading provider of insurance and other 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. to millions of individual and institutional customers throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Through its subsidiaries and affiliates, MetLife, Inc. offers life insurance, annuities, automobile and homeowner's insurance and retail banking services to individuals, as well as group insurance, reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. and retirement and savings products and services to corporations and other institutions. Outside the U.S., the MetLife companies have direct insurance operations in Asia Pacific, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and Europe. For more information, please visit www.metlife.com. |
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