Unum Group launches new pet insurance coverage

Unum Group has introduced the launch of Unum Pet Insurance coverage, a brand new voluntary profit providing aimed toward offering complete protection for pets. This addition to Unum’s portfolio of office advantages and providers is in response to the rising demand for pet-related advantages amongst staff and goals to supply a holistic strategy to household care.

Unum Pet Insurance coverage can be offered by Nationwide, a pet insurance coverage supplier with over 4 many years of expertise. It presents protection for quite a lot of wants, together with accidents, sicknesses, wellness, and preventative care.

Tim Arnold, Unum Group’s government vp of voluntary advantages and president of Colonial Life, emphasised the evolving wants of right this moment’s workforce.

“As workforce wants and worker expectations evolve, we should too. Staff need greater than safety for themselves—they wish to guarantee their households are cared for as effectively. For a lot of, pets are simply as vital as every other member of the family,” Arnold mentioned. He famous that Unum Pet Insurance coverage aligns with the corporate’s mission to assist the working world via numerous life moments.

Complete take care of pets

The protection provided by Unum Pet Insurance coverage encompasses a broad vary of providers. These embody:

• Veterinarian entry: Accepted at any licensed veterinarian, with cellular claims submission and digital fee choices. Round the clock entry to veterinary professionals.
• Reimbursement selections: Choices for 50% and 70% reimbursement relying on the plan.
• Prescription reductions: Lowered prices on eligible pet drugs at collaborating pharmacies.
• Emergency boarding prices: Covers boarding charges if a family member is hospitalized attributable to sickness or harm.
• Optionally available wellness protection: Covers non-accident and non-illness bills.
• Misplaced pet help: Pays for promoting and rewards to discover a misplaced pet.
• Mortality protection: Covers euthanasia, cremation, burial, and the unique value of the pet.

Unum Group highlighted that Nationwide was the primary firm to supply pet insurance coverage as a voluntary profit via brokers and worker teams, and at present protects over 1.2 million pets. Melissa Beautiful, vp of gross sales for Nationwide pet insurance coverage, identified the advantages for employers and staff alike. “Providing pet medical insurance as a voluntary profit is a win/win for employer and worker. It demonstrates that the corporate is invested within the wellbeing of the entire household, and it makes it simpler and extra inexpensive for workers to guard their beloved pets,” she mentioned.

Unum Group, a Fortune 500 firm, has a historical past spanning over 175 years, offering office advantages and providers to assist staff and their households. In 2023, the group reported revenues of greater than $12 billion and paid roughly $8 billion in advantages. It was acknowledged as one of many World’s Most Moral Firms by Ethisphere®.

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