Navigation Links
ING Employee Benefits Announces New Critical Illness Insurance Product
Date:12/3/2007

MINNEAPOLIS, Dec. 3 /PRNewswire-FirstCall/ -- ING Employee Benefits (NYSE: ING) has announced the launch of its new critical illness insurance product. An excellent complement to traditional health and disability insurance, Premier Critical Illness insurance is designed to provide additional financial protection for enrolled participants in the event they experience a critical illness. The new product is currently available to employers to add to their benefit portfolios with coverage effective beginning January 1, 2008.

Premier Critical Illness insurance provides added support and security by paying an immediate lump-sum benefit following the diagnosis of one of several specified diseases or illnesses: coma, end stage renal (kidney) failure, heart attack, major organ failure, permanent paralysis and stroke. Employers have the option to add cancer coverage to their plans or purchase cancer only coverage on a stand-alone basis. Carefully built-in features deliver ultimate flexibility:

-- Modular Design: Premier Critical Illness offers three, group-level plan

options for employers to select based on their unique needs. Available

plan designs include Critical Illness with Cancer, Critical Illness

without Cancer or Cancer-only coverage.

-- Conditional Guaranteed Issue: Guaranteed issue underwriting is

available for cases with more than 500 eligible employees, if

participation requirements are met.

-- Restoration Benefit Rider: Our competitive restoration rider combines

the best features associated with traditional reoccurrence and

additional-occurrence benefits. Following payment of 100% of the base

plan benefits in the Critical Illness module, this rider will restore

the maximum benefit amount one time for a future occurrence or

reoccurrence of any covered condition in the Critical Illness module.

-- Occupational HIV Benefit Rider: This rider provides a one-time lump sum

payment of $10,000 if you are diagnosed with Occupational HIV. The

rider is available for approved healthcare or related professions at no

additional cost to the employee.

According to the American Heart Association, heart disease and stroke are the No. 1 and 3 causes of death in the United States. And, if survived, they are a leading cause of serious disability(1). Furthermore, lifetime probability of developing cancer for men is 1 in 2; women 1 in 3(2).

"We cannot ignore these staggering statistics," says Curt Olson, President of ING Employee Benefits, U.S." They are medical realities we all face in one way or another. As a leader in the insurance business, ING fully recognizes the emotional and financial impacts a serious illness has on individuals and their families. Our Premier Critical Illness insurance was created to meet these needs and help provide peace of mind when dealing with the uncertainties of life."

ReliaStar Life Insurance Company is a member of the ING family of companies. Each insurer is solely responsible for the financial obligations under the policies or contracts it issues. Product availability may vary by state.

ING Group is a global financial institution of Dutch origin offering banking, insurance and asset management to more than 75 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of more than 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

In the U.S., the ING family of companies offers a comprehensive array of financial services to retail and institutional clients, which include life insurance, retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, employee benefits, financial planning and reinsurance. ING holds top-tier rankings in key U.S. markets and serves more than 15 million customers across the nation. For more information, visit http://www.ing.com.

(1) Know the Facts, Get the Stats, American Heart Association, 2007.

(2) American Cancer Society 2007, Cancer Statistics 2007.


'/>"/>
SOURCE ING US Financial Services
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Lutheran Senior Services Partners with Silverchair Learning Systems to Enhance Employee Training and Education
2. CIGNA Employees Take to the Road to Promote Health and Wellness
3. Concentra Expands Horizon Air Employee Health Program With On-Site Clinic
4. National Survey Shows Employee Fears About Consumer-Driven Health Plans on Decline
5. Federal Employee Program Maintains Low Health Premiums In 2008
6. A Place for Mom, Nations Largest Senior Care Referral Service, Fills a Gap in Employee Benefits
7. Sandia National Laboratories Selects Allscripts Electronic Health Record and Practice Management for Employee Health Center
8. Blue Cross and Blue Shield Association Nationally Recognized by BusinessWeek and AARP for Creating a Unique Workplace Environment for New and Mature Employees
9. Office of Administration Announces Plan to Preserve Health Care Benefits for Current, Future Retired Commonwealth Employees
10. Sallie Mae Employees Receive Award for Largest National Team at Lance Armstrong Foundation Fundraising Events
11. Nurses and Hospital Employees Top Concerns: Communication, Staffing and Compensation
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... ... June 24, 2016 , ... National recruitment firm Slone Partners is ... sequencing and genomics experience, as Vice President of North American Capital Sales at ... for leading the sales team in the commercialization of the HTG EdgeSeq system and ...
(Date:6/24/2016)... ... June 24, 2016 , ... Finally, a bruise cream that really ... cream can be incorporated into the post-surgical treatment plans of a variety of other ... dermaka cream is very effective for bruising and causes a rapid resolution of bruising ...
(Date:6/24/2016)... ... June 24, 2016 , ... SpiritQuest Sedona Retreats, located in Arizona ... surrounded by famous vortex sites: Cathedral Rock, Airport Mesa, and Boynton Canyon. The new ... Lodge at Sedona as well as the Sedona Rouge, both popular accommodations for SpiritQuest ...
(Date:6/23/2016)... ... June 23, 2016 , ... vcfo, a ... support, is pleased to announce the promotion of Mike Mackey to Regional Vice ... Manager where he was responsible for managing client projects and overseeing vcfo financial ...
(Date:6/23/2016)... ... 23, 2016 , ... Representatives of CHA Fertility Centers (CFC), one of the ... Dr. Joshua J. Berger. As of May 2016, Dr. Berger will serve as ... Berger has received recognition for his research, his teaching and his patient care. After ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... 24, 2016 Dehaier Medical Systems Ltd. (NASDAQ: ... develops, markets and sells medical devices and wearable sleep ... a strategic cooperation agreement with Hongyuan Supply Chain Management ... on June 20, 2016, to develop Dehaier,s new Internet ... agreement, Dehaier will leverage Hongyuan Supply Chain,s sales platform ...
(Date:6/24/2016)... -- Research and Markets has announced the addition ... report to their offering. ... The World Market for Companion Diagnostics covers the world ... in the report includes the following: , ... by Region (N. America, EU, ROW), 2015-2020 , World ...
(Date:6/24/2016)... --  Pulmatrix, Inc ., (NASDAQ: PULM ), ... today that it was added to the Russell Microcap ... set of U.S. and global equity indexes on June ... for Pulmatrix," said Chief Executive Officer Robert Clarke ... in developing drugs for crucial unmet medical needs, and ...
Breaking Medicine Technology: