HOME LIFE FINANCIAL ASSURANCE INTRODUCES 'CLIENT'S CHOICE'
HOME LIFE FINANCIAL ASSURANCE INTRODUCES 'CLIENT'S CHOICE' PISCATAWAY, N.J., Aug. 3 /PRNewswire/ -- Home Life Financial Assurance Corporation today introduced "Client's Choice" -- new group benefits approach that offers a range of coverages, benefits, and funding options for employer groups of 26 or more employees. "We believe 'Client's Choice' will soon become the agents' and brokers' preferred way to sell benefits and services to business owners in this size market," said Jim White, senior vice president. "This product offers both the broker and the client the flexibility to tailor a benefits package that best suits their company's needs." Product Choices "Client's Choice" provides groups of 26 or more employees with group term life, with a living benefits feature, and a host of other coverages to choose from. Employers may select from comprehensive major medical, with PPO plans available on a regional basis, short/long term disability, dental, vision, prescription drug card coverage, dependent and supplemental life insurance coverage. Benefits Choices Employers now have a wider range of medical and dental plan deductibles as well as more co-insurance options than ever before. We now offer, with our comprehensive major medical, a choice of six deductible options and nine co-insurance options. We also provide family stop-loss options of one, two or three times the employee amount. Funding Choices "Client's Choice" also offers a choice of funding options to balance savings and control with the degree of risk the employer wishes to assume. -- Conventional -- Fully insured. With or without a Refund Accounting Option. -- Flexible Premium Plan (FPP) -- Home Life's minimum premium plan specially designed for the employer with 26 or more employees. It allows employers to share in their plan's favorable claims experience with the safety of an insured plan in place. -- Home Life's ASO+ Plan (Administrative Services Option Plus) is an administrative services plan with stop-loss coverage specially designed for the 26+ employer. ASO+ offers increased participation in favorable claims experience, improved cash flow and the ability to eliminate costly state mandated benefits. Home Life Financial Assurance Corporation Inc., together with its administrative and marketing arm, Home Life Group Benefits and Services, Inc., constitute the group insurance division of the former Home Life Insurance Company. As such, it has been serving the group insurance needs of the small and medium employer for over 40 years. Home Life Financial Assurance Corporation is a wholly owned subsidiary of Phoenix Home Life. -0- 8/3/92 /CONTACT: Brigitte Ritchkoff of Home Life Financial Assurance, 908-980-4219/ CO: Home Life Financial Assurance Corporation ST: New Jersey IN: INS SU: PDT
SH -- NY014 -- 6010 08/03/92 09:14 EDT
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|Date:||Aug 3, 1992|
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