NU Online News Service, April 21, 2003, 11:59 a.m. EDT – Fortis Benefits Insurance Company, Kansas City, Mo., has introduced the Simple Benefits Solutions benefits package.
The employee-paid package includes $25,000 in life insurance; a $20,000 accelerated death benefit for policyholders who are terminally ill; a $75,000 accidental death and dismemberment benefit; and two years of disability insurance with a benefit amount of up to $1,000 per month.
Policyholders who become disabled can collect the full disability benefit even if they eventually qualify for Social Security Disability Insurance or workers’ compensation, Fortis Benefits says.