Voluntary Employee Benefits


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Voluntary Employee Benefits
with Section 125 Savings

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  • Voluntary Employee Benefits

    1. 2. American General Life and Accident Voluntary Benefits Plan Employee Meetings
    2. 3. Who Is American General ? <ul><li>Providing Security To Americans For Over 100 Years </li></ul><ul><li>Paid Over $300 Million In Life Claims Last Year </li></ul><ul><li>Over 4 Million Customers </li></ul><ul><li>Professional Sales Force </li></ul>
    3. 4. American General Life and Accident Has Solid Ratings <ul><li>Strength </li></ul><ul><li>Stability </li></ul><ul><li>Security for the Future </li></ul>
    4. 5. Exciting New Benefits! <ul><li>Competitively Priced Coverage </li></ul><ul><li>Ease of Payroll Deduction </li></ul><ul><li>Coverage Is Completely Portable </li></ul><ul><li>Can Complement and Supplement Any Existing Insurance Program </li></ul><ul><li>Coverage Available For Employee, Spouse and Children </li></ul>
    5. 6. What Type Of Coverage Is Offered? <ul><li>Accident Insurance Coverage </li></ul><ul><li>Cancer Insurance Coverage </li></ul><ul><li>Permanent Life Insurance </li></ul><ul><li>Term Life Insurance </li></ul><ul><li>Annuities & IRAs </li></ul>
    6. 7. Accident Insurance Coverage <ul><li>Emergency Treatment for Injuries at ER or Physician’s Office </li></ul><ul><li>Daily Benefits for Hospital Confinement Due to Injury </li></ul><ul><li>Accidental Death and Dismemberment Benefits </li></ul><ul><li>Individual, Parent and Child or Family Coverage </li></ul>
    7. 8. Cancer Insurance Coverage <ul><li>Initial Diagnosis Benefit </li></ul><ul><li>Hospital Related Benefits </li></ul><ul><li>Surgery Related Benefits </li></ul><ul><li>Out of Hospital Services / Benefits </li></ul><ul><li>Treatment Related Benefits </li></ul><ul><li>Death Benefits </li></ul><ul><li>Other Benefits Including Certain Diagnostic Screenings </li></ul>
    8. 9. Why Buy Individual Life Insurance ? <ul><li>Present Group Term </li></ul><ul><ul><li>Limited Coverage Amount </li></ul></ul><ul><ul><li>Loss of Coverage At Retirement </li></ul></ul><ul><ul><li>No Cash Value </li></ul></ul><ul><ul><li>Coverage Is Not Portable </li></ul></ul><ul><li>Voluntary Benefit Plan </li></ul><ul><ul><li>You Decide The Amount of Protection You Need </li></ul></ul><ul><ul><li>Coverage May Be Continued </li></ul></ul><ul><ul><li>May Build Cash Values For Future Needs </li></ul></ul><ul><ul><li>Simply Change Method of Payment </li></ul></ul>
    9. 10. What Is The Cost ? <ul><li>The Cost Varies According To: </li></ul><ul><ul><li>Coverage Selected </li></ul></ul><ul><ul><li>Amount of Coverage </li></ul></ul><ul><ul><li>Underwriting Factors </li></ul></ul>
    10. 11. Sample Deduction Calculation Female Age 30 No-Tobacco $50,000 48 Deductions Per Year Accident Cancer 5RT Whole Life $2.07 $3.33 $ 3.34 $10.50 YOU DECIDE WHAT’S RIGHT FOR YOU !
    11. 12. Why The Difference In Cost? <ul><li>The Whole Life Policy Provides Options at Age 65 That Are Not Available Under the Term Plan </li></ul><ul><ul><li>Cash Value of $18,076 or, </li></ul></ul><ul><ul><li>Reduced Paid Protection of $40,900 The Day You Retire, The Last Deduction Occurs, Coverage Is Guaranteed For Life ! </li></ul></ul>
    12. 13. Selecting a Plan And Amount <ul><li>In the Event of a Medical Emergency Today, Would it Cause You Difficulty to Write a Check to Cover Deductibles, Co-Pays or Other Non-Covered Expenses? </li></ul><ul><li>Do You Need Additional Protection Against the Tremendous Costs Associated with the Treatment of Cancer? </li></ul><ul><li>Does Your Present Life Insurance Coverage Provide Enough Funds for: </li></ul><ul><ul><li>Final Expenses </li></ul></ul><ul><ul><li>Debt Retirement </li></ul></ul><ul><ul><li>Mortgage Cancellation </li></ul></ul><ul><ul><li>Education Fund </li></ul></ul>
    13. 14. Enrollment Procedures <ul><li>American General Representatives Will Be Available To Provide: </li></ul><ul><ul><li>Details of Available Coverages </li></ul></ul><ul><ul><li>Premiums For Specific Coverages </li></ul></ul><ul><ul><li>Answers for any Questions You May Have </li></ul></ul><ul><ul><li>Completion of Applications </li></ul></ul>