Standard Life and Accident Releases Innovative Cancer Product

May 03, 2010, 06:00 ET from Standard Life and Accident Insurance Company

LEAGUE CITY, Texas, May 3 /PRNewswire/ -- For over 60 years, Standard Life and Accident Insurance Company has provided exceptional coverage for senior citizens. With the radically evolving medical treatments available today and the fundamental changes imminent in this country's insurance structure, SLAICO is proud to announce that it is entering a wider market with the first of many supplemental and group coverage options.

Resolutions, a Specified Disease Coverage product, functions not as a stand-alone insurance plan, but as supplemental coverage, giving customers the option to add specific coverage for Cancer and Associated Cancerous Conditions to any existing private or potentially public healthcare plan. With group work-site coverage, companies will also find this option suitable as a component of business sponsored healthcare for their employees. Furthermore, with optional riders, Resolutions gives customers the flexibility to spend as much or as little as is necessary to address their needs.

With an estimated 1.4 million Cancer cases in 2009, coverage for a disease that has a 1 in 2 probability of affecting men and a 1 in 3 probability of affecting women at some point in their lifetime has never been more important*. Since the 1970s, medical breakthroughs have increased Cancer survival rates substantially. Nevertheless, Cancer claimed the lives of over half a million victims in 2009. With such a dire need for treatment, Cancer coverage options are in greater demand than ever. Addressing some of the necessary expenses of Cancer and Associated Cancerous Condition diagnosis and treatment, Resolutions is available to individuals of existing insurance plans or to organizations seeking the sort of specific coverage option that only a uniquely focused policy such as this can provide. 

After more than half a century of serving the community's seniors with the highest quality of healthcare coverage, Standard Life is now providing access to that same degree of excellence to people of all ages. With an industry rating of A (Strong) from Standard and Poor's and an A (Excellent) from A.M. Best Company, Standard Life and Accident Insurance Company stands as a proud part of the American National Family of Companies.


SOURCE Standard Life and Accident Insurance Company