The need
Workers are spending more than they earn, and savings rates have dropped to levels near or below zero. This degree of financial vulnerability means the workforce is unprepared for unexpected expenses that come with injury, illness or the need for long term care.
Our solution
Unum's
short term and long term disability coverage replaces a portion of income when an employee is unable to work, whether the absence is prompted by routine maternity leave or serious illness. Our
long term care insurance helps cover the costs of that care, and gives choices in where it takes place. And our
life insurance products help support families financially after the loss of a loved one.
The need
An aging workforce, increasing ethnic diversity and changing family demographics mean the one-size-fits-all benefit plan is a thing of the past.
Our solution
Unum responds with benefits that provide
choice in funding, flexible coverage options and simplified administration. And
extensive employee benefits education helps workers understand what coverage they need, the choices they have and the value of their benefits.
The need
Health care expenses have skyrocketed in recent years, leading employers to share more of the costs of coverage with their employees.
Our solution
Unum offers
supplemental health and critical illness benefits to help employees cover financial gaps in their medical plans when the unexpected hits. And Unum's expertise in benefit plan design can help employers balance cost and risk to offer a broad range of choices cost-effectively.