Pacific Life Adds Three New Supplemental Health Insurance Products to Employee Benefits Lineup
2024年7月23日 - 11:00PM
ビジネスワイヤ(英語)
Pacific Life’s Workforce Benefits business announces the
addition of three new supplemental health insurance products to its
portfolio. These coverages allow employers to provide their
employees with added financial security for life’s unexpected
events.
“In our pursuit of excellence, we've crafted three new
supplemental health insurance products, each designed to bridge the
gaps in traditional coverage and deliver financial peace of mind,”
said Erich Sternberg, senior vice president and head of Pacific
Life Workforce Benefits. “Our digital-first approach ensures swift
and accurate claims processing, exemplifying our commitment to
customer-centric innovation. With these offerings, we're not just
providing insurance; we're offering a safety net that empowers
employees to thrive and reduce financial worry. It's this kind of
forward-thinking that propels us at Pacific Life, as we continue to
set the bar for industry excellence and customer satisfaction."
Pacific Life’s new products include:
- Pacific Life Accident Insurance offers extra support to
employees experiencing accidental injuries, including enhanced
benefits like the organized sports booster.
- Pacific Life Critical Illness Insurance provides a lump sum
payment upon diagnosis for critical illnesses such as cancer, heart
attacks, and strokes, with recurrence benefits if
re-diagnosed.
- Pacific Life Hospital Indemnity Insurance helps ease financial
expenses associated with hospital stays, treatments, and more,
including outpatient and inpatient behavioral health
facilities.
"I am thrilled about the direction we've taken with these
supplemental plans. The enhancements we've added specifically
address the needs of our customers,” said Rob Mulligan, vice
president workforce products and underwriting, Pacific Life. "Take,
for instance, our Organized Sports Booster—it's a game-changer,
increasing total benefits in the event of an organized
sports-related injury. Considering the millions of children
participating in sports and the significant injury rates, our
Accident and Hospital Indemnity coverages are designed to provide
substantial financial support directly to our members, ensuring
more peace of mind and financial stability."
In addition to supplemental health insurance, Pacific Life
offers dental, vision, and group term life - accidental death and
dismemberment (AD&D) with disability insurance coming soon. To
learn more about how Pacific Life is revolutionizing employee
benefits with a friction-free, digitally native experience, visit
www.pacificlife.com/workforcebenefits.
About Pacific Life
Pacific Life provides a variety of products and services
designed to help individuals and businesses in the retail,
institutional, workforce benefits, and reinsurance markets achieve
financial security. Whether your goal is to protect loved ones or
grow your assets for retirement, Pacific Life offers innovative
life insurance and annuity solutions, as well as mutual funds, that
provide value and financial security for current and future
generations. Supporting our policyholders for more than 150 years,
Pacific Life is a Fortune 500 company headquartered in Newport
Beach, California. For additional company information, including
current financial strength ratings, visit www.PacificLife.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240723619976/en/
Media Contact: Jesse Page jpage@pacificlife.com
949-219-4575