Voluntary Benefits
ConnectiCare has an exciting, new Voluntary Supplemental Benefits program, which is now available to all brokers, clients and their employees. Every group qualifies! This new program will help brokers to attract new clients, increase revenue from existing clients, and increase client loyalty.
Some of the most important differentiators of ConnectiCare’s Voluntary Supplemental Benefits program are:
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“Unconditional” Guaranteed Acceptance underwriting with no medical questions, no medical examinations, and no blood tests, regardless of past or present medical conditions for Life, Accident, and Critical Illness benefits. There is also a Disability Income program, which will cover preexisting conditions, after it has been in force for one year. It also contains benefits for partial disability, pregnancy, and COVID-19. Guaranteed Acceptance means all employees who are actively at work performing their normal duties.
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ConnectiCare has a single-source payroll deduction capability, which provides one, integrated convenient payroll deduction for one or all of the available Voluntary Supplemental Benefits.
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All enrollment and service functions will be conducted by ConnectiCare Voluntary Supplemental Benefit Specialists.
These products are underwritten by an AM Best A Rated Company.
These products include:
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Unemployment Benefit for payment of the Flexible Premium Universal Life Insurance premiums in the event of a layoff.
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Wellness Screening Benefits on the Critical Illness program, which pay annual cash benefits of up to $200 to employees and covered spouses when they take yearly exams, such as colonoscopy, mammography, and COVID-19 tests.
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All three Guaranteed Acceptance Life Insurance programs contain the Chronic Condition Benefit, which provides benefits for Long Term Care expenses by allowing employees to withdraw 4% of the death benefit for 25 months or 20% of the death benefit face amount as a one-time lump sum if they cannot perform two activities of daily living.