Thursday, May 28, 2009

Eastbridge Consulting Group Announces a New Report on Voluntary Term Life Products

Voluntary life insurance is historically the most offered voluntary product. And, according to Eastbridge research, it is still the most commonly offered product by carriers today. Life insurance is also the most frequently owned voluntary product by employees. Today, voluntary term plans out sell UL/WL plans by a margin of two to one, with term accounting for 68 percent of the voluntary life sales.

The Voluntary Term Life Products 2009 Spotlight Report is designed to help carriers better understand today’s competitive landscape around term life plans sold at the worksite. The report provides data from 16 different carriers active in the market including:

  • Product features (product type, minimum/maximum face amount, available riders, etc.)
  • Underwriting guidelines/eligibility parameters
  • Pricing
  • Commissions

The cost of the report is $3,000. More information, including a table of contents for the report, is available on our website at: http://eastbridge.com/spotlight/archives/p_2009voltermlife.htm.

To purchase the report, call the company at (860) 676-9633 or email info@eastbridge.com.

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