MILWAUKEE — August 2, 2010 — Milwaukee-based Assurant Health®, a leading national provider of individual medical, small group and specialty health insurance products, now offers Assurant Supplemental Coverage products, which provide flexible Accident and Critical Illness Coverage options.
These affordable plans pay cash directly to consumers and are not subject to deductibles, co-insurance or coordination of benefits with any other insurance products. The Critical Illness plan covers 15 life-threatening illnesses with the benefit paid upon diagnosis, regardless of the doctors, hospitals or choice of treatment. The Accident plan provides benefits for each covered injury and service, including follow-up treatment, physical therapy and prosthetics.
"Although Assurant Supplemental Coverage can be sold as a stand-alone product, we believe agents will find numerous opportunities to bundle these plans with our core individual medical and Assurant Affordable Health Access products," said Scott Krienke, senior vice president, product and marketing, for Assurant Health. "The plans can help to fill consumers' coverage gaps and give them more financial and insurance protection."
The Accident plan is available in 14 states, and the Critical Illness plan is available in 11. Assurant Health plans to expand the availability of supplemental products in the coming months and will begin adding to this line in September, when it launches a new Dental plan.
To learn more about Assurant Supplemental Coverage, visit the assuranthealth.com homepage and click on Supplemental Coverage.
About Assurant Health
Assurant Health has been in business since 1892 and is the brand name for products underwritten and issued by Time Insurance Company, John Alden Life Insurance Company and Union Security Insurance Company. Together, these three underwriting companies provide health insurance coverage to people nationwide. Each underwriting company is financially responsible for its own insurance products. Primary products include individual medical, small group and short-term health insurance products, as well as non-insurance products and consumer-choice products such as Health Savings Accounts and Health Reimbursement Arrangements. Assurant Health is headquartered in Milwaukee, Wisconsin, with operations offices in Minnesota, Idaho and Florida, as well as sales offices across the country. The Assurant Health Web site is www.assuranthealth.com.