Reliance Standard Announces New Voluntary Benefits Program; Voluntary Benefits Let Employers, Employees Design Their Own Plans

Nov 19, 2003, 00:00 ET from Reliance Standard Life Insurance Company

    PHILADELPHIA, Nov. 19 /PRNewswire-FirstCall/ -- Reliance Standard Life
 Insurance Company has announced the launch of an enhanced suite of voluntary
 employee benefits called Reliance Standard Voluntary Plans (RSVP).  The RSVP
 program is available exclusively through brokers working with Reliance
     RSVP Benefits include Voluntary Term Life, Voluntary Disability Income
 Protection (VIP), which integrates STD and LTD coverage, and Voluntary
 Accidental Death & Dismemberment.  Flexibility, whether bundled or unbundled,
 is a hallmark of the new product offerings.
     While it has traditionally offered voluntary group term life, AD&D and
 dental coverages among its menu of benefits and services, Reliance Standard
 designed the RSVP suite of voluntary benefits to be "flexible and cost-
 effective to meet our customers' changing and competing demands," according to
 Christopher Fazzini, senior vice president, sales & marketing.
     "Employers are under continually increasing pressure from rising benefits
 costs, a sluggish economy and expensive and complex government mandates.  We
 wanted to design a benefits program that delivers real value," Fazzini said.
     "The employer can design a voluntary benefits plan that is unique to that
 company," said Blaise DiFedele, assistant vice president, strategic
 partnerships.  "And of course, once the program is rolled out to employees,
 they have the flexibility to customize their program to fit their individual
 wants, needs and budgets."
     According to DiFedele, Reliance Standard incorporated innovative features
 from its standard group offerings into its voluntary coverages. "For example,
 our voluntary disability coverage is a truly integrated disability plan that
 can include many features of both short term disability and long term
 disability in a single policy, which is an important differentiator," he said.
     Reliance Standard markets employee benefits through independent agents and
     For more Information on this and other Reliance Standard news, call
 (800) 351-7500 or visit the company on the web at
     Reliance Standard Life Insurance Company provides insurance products and
 services in all states (except New York), the District of Columbia, Puerto
 Rico and the U.S. Virgin Islands. In New York, insurance products and services
 are provided through First Reliance Standard Life Insurance Company, home
 office:  New York, N.Y.  Product availability and features may vary by state.
 It distributes its products through independent agents and brokers.
     Reliance Standard Life Insurance Company is a wholly owned subsidiary of
 Delphi Financial Group, Inc. (NYSE:   DFG).  Delphi is an integrated employee
 benefit services company.  Delphi is a leader in managing all aspects of
 employee absence to enhance the productivity of its clients and provides the
 related insurance coverages: group life, long-term and short-term disability,
 excess workers' compensation, and travel accident.  Delphi's asset
 accumulation business emphasizes individual fixed annuity products.  Delphi's
 common stock is listed on the New York Stock Exchange under the symbol DFG and
 its corporate website is

SOURCE Reliance Standard Life Insurance Company