Full-service Enrollment, Flexible Product Design Create Solutions
"Employee benefit brokers want to work with salespeople who are dedicated to worksite products," said
The HM Worksite Advantage product design for its critical illness, accident and disability income insurance products incorporates key elements for brokers and employers: guaranteed issue amounts at every group size, coverage for groups with as few as 10 (the minimum number of employees required to issue the policy) employees and benefit levels that are among the highest in the market.* HM matches a custom approach to each group by working with employee benefit brokers to design a plan and implement a full-service enrollment, administration and billing solution.
"We have dedicated resources to control every phase of the worksite sale and set-up, from pre-sale to enrollment to claims," said
The cornerstone of HM's new approach to the worksite marketplace is HM Enrollment Advantage, which features full-service, comprehensive enrollment support from a dedicated staff to manage all aspects of enrollment, including technology solutions.
The HM Worksite Advantage products and supporting enrollment services are designed to be simple, direct and easy to understand, and enrollment information is customized to the group's needs. Such features are designed to enhance communications and expand the participation numbers and member persistency that are essential to the short-term and long-term success for all parties -- brokers, employers and employees.
New product highlights:
Critical illness insurance helps to protect employees and their families in the event of 11 major critical or life-changing illnesses, including cancer, heart attack, coma, major organ transplant, paralysis and stroke. Employees can choose plan designs with coverage amounts up to
The accident insurance plan covers injuries such as dislocation, dismemberment, coma, concussion, fractures and lacerations. Accidental death, catastrophic accident and paralysis benefits are included and pay up to
The disability income insurance plan provides employees with significant flexibility that allows them to select a benefit amount in
About HM Insurance Group
HM Insurance Group offers a product portfolio that includes HM Worksite Advantage -- Critical Illness, Accident and Disability Income plans -- and HM Care Advantage, a limited benefit medical plan. And, HM is a recognized leader in excess loss and reinsurance, including Employer Stop Loss, Provider Excess and HMO Reinsurance. Our product portfolio of health risk solutions addresses a range of risk situations confronting employers and healthcare providers.
HM Life Insurance Company and HM Life Insurance Company of
Through its insurance companies, HM Insurance Group holds insurance licenses in 50 states and the
For more information, visit www.hminsurancegroup.com.
Certain exclusions and limitations apply. Coverage requested may not be available in all states.
*Source: Proprietary Competitor Research, HM Insurance Group, 2008
SOURCE HM Insurance Group