1. Umbrella Income Protection with Unum
A sudden loss of income can derail even the best-laid financial plans. Life insurance from unum provides a tax-free death benefit designed to:
- Replace Lost Wages: Cover monthly living expenses—mortgage, utilities, groceries—so your family maintains their standard of living.
- Bridge Financial Gaps: Fund education costs, debt repayment, and retirement savings goals without tapping into emergency reserves.
- Adjust as Needs Evolve: Unum’s term policies offer coverage lengths from 10 to 30 years, matching your most critical income-replacement window.
By choosing unum, you lock in competitive rates today and protect your household’s future budget.
2. Accelerated Death Benefits for Critical Illness
Facing a terminal or qualifying serious illness often brings immediate financial strain. Unum’s accelerated benefit rider lets you:
- Access a Portion of the Benefit Early: Use funds for medical bills, experimental treatments, or living modifications.
- Maintain Long-Term Security: Any accelerated payment reduces but does not eliminate the remaining death benefit for your beneficiaries.
- Simplify Claims: Unum integrates benefit requests within its policy portal for streamlined processing.
This accelerated feature ensures life insurance does more than just protect loved ones—it supports you through hardship, too.
3. Supplemental Coverage Through Group Plans
Many employers offer basic group life insurance, but it often falls short of true income replacement. With unum you can:
- Layer Individual Policies: Supplement employer coverage to reach recommended multiples of your salary (typically 7–10×) for full protection.
- Port Policies Between Jobs: Unum allows portability of individual term coverage, so you maintain lifelong protection—even if you change employers.
- Bundle with Disability Insurance: Pair your life policy with Unum’s disability coverage for comprehensive income protection.
By combining group and individual Unum policies, you create a robust safety net tailored to your career journey.
4. Flexible Riders to Customize Protection
One size rarely fits all when it comes to life insurance. Unum offers optional riders, including:
- Waiver of Premium on Disability: Keeps your coverage active without payment if you become unable to work.
- Child Term Rider: Provides a small benefit for each insured child—covering final expenses or emergency needs.
- Guaranteed Insurability: Enables purchase of additional coverage at key life stages (marriage, parenthood) without further health exams.
These riders let you fine-tune your Unum policy—adding peace of mind that your plan grows with your life.
5. Simplified Underwriting & Online Management
Unum understands that busy professionals need hassle-free solutions:
- Accelerated Underwriting Paths: Eligible applicants receive coverage decisions in days—often without paramed exams for smaller face amounts.
- User-Friendly Online Portal: Manage beneficiaries, view policy details, and submit claims electronically—24/7 access from any device.
- Dedicated Guidance: Unum’s licensed advisors help you select the right term length, benefit amount, and riders based on your financial goals.
By streamlining application, administration, and claims, Unum makes securing and maintaining life insurance straightforward and reliable.