CHATTANOOGA, Tenn., May 8, 2024
/PRNewswire/ -- Unum Group (NYSE: UNM), a leading provider of
financial protection benefits in the U.S., has launched Unum Pet
Insurance. Unum Pet Insurance offers plans that provide coverage
employees can count on to keep their pets healthy. With this
offering, Unum Group has rounded out its financial benefits
portfolio, offering holistic protection for employees and their
families, no matter what their family looks like.
Unum Pet Insurance is provided by Nationwide, the pet insurance
industry leader with more than four decades of experience and over
a million pets protected. Research shows that pet insurance is
quickly becoming one of the most desired benefit offerings for
today's workforce. As the costs of pet ownership continues to rise,
Unum Pet Insurance can help employees manage everything from
accidents to illnesses to wellness and preventative care, while
also helping employers boost overall engagement and satisfaction
with their benefits. Unum Pet Insurance is a seamless solution for
offering pet insurance alongside your Unum voluntary benefits.
"We are thrilled to be rounding out our voluntary benefits
portfolio with the addition of Unum Pet Insurance," said
Tim Arnold, Unum Group's executive
vice president of voluntary benefits and president of Colonial
Life, a Unum Group company. "As workforce needs and employee
expectations evolve, we must too. Employees want more than
protection for themselves — they want to ensure their families are
cared for as well. For employers, it is important to remember that
everyone defines family differently, and for many, pets are just as
important as any other member of the household. Unum Pet Insurance
ensures that we're meeting employees where they're at and
fulfilling our purpose of helping the working world thrive
throughout life's moments."
Unum Pet Insurance covers the big stuff, the small stuff and
everything in between. Key coverage features include:
- Usable through any licensed veterinarian, with anytime mobile
claims and digital payments
- 50% and 70% reimbursement options available
- VetHelpline® – 24/7 access to live veterinary
professionals via video consultation
- Discounts on eligible pet prescriptions available through
participating pharmacies
- Coverage for emergency boarding costs if a human in the house
is hospitalized for illness or injury
- Optional Wellness coverage for non-accident and illness related
costs like physicals, vaccines, flea and tick, microchipping,
deworming, etc.
- Lost pet support – Coverage for advertising costs and rewards
for finding a lost pet, plus additional coverage if the pet isn't
found within two months
- Mortality (life insurance) – Coverage for euthanasia, cremation
and burial, and original pet cost (all up to a combined
$1,000)
Nationwide, the provider of Unum Pet Insurance, originated pet
health insurance in the U.S. more than 40 years ago and currently
protects more than 1.2 million dogs, cats and exotic pets.
Nationwide was also the first carrier to offer pet insurance as a
voluntary benefit through brokers and employee groups more than 20
years ago. Nationwide's wealth of knowledge and experience will
support Unum Group's efforts to fully protect workers and their
families through the companies' partnership in the Unum Pet
Insurance offering.
"Employers are looking for every lever to keep their best
employees and attract top talent, and research shows that offering
pet-related benefits provides that competitive advantage," said
Melissa Lovely, Vice President of
Sales for Nationwide pet insurance. "Offering pet health insurance
as a voluntary benefit is a win/win for employer and employee. It
demonstrates that the company is invested in the wellbeing of the
whole family, and it makes it easier and more affordable for
employees to protect their beloved pets. This partnership between
Nationwide and Unum positions our industry-leading companies to
support a greater number of pet-owning employees and provide more
care for more pets."
Learn more about Unum Pet Insurance here.
ABOUT UNUM GROUP
Unum Group (NYSE: UNM), a leading international provider of
workplace benefits and services, has been helping workers and their
families thrive for more than 175 years. Through its Unum and
Colonial Life brands, the company offers disability, life,
accident, critical illness, dental, vision and stop-loss insurance;
leave and absence management support; and behavioral health
services. In 2023, Unum Group reported revenues of more than
$12 billion and paid approximately
$8 billion in benefits. The
Fortune 500 company is recognized as one of the World's Most
Ethical Companies by Ethisphere®.
Visit the Unum Group newsroom for more information, and connect
with us on LinkedIn, Facebook, and Instagram.
About Unum Pet Insurance
Pet insurance plans are marketed by Unum Insurance Agency, LLC,
a licensed insurance agency. For the complete licensing information
of Unum Insurance Agency, LLC, refer to
www.unum.com/pet-insurance-state-licensing. "Unum Pet Insurance" is
a marketing name used by Unum Insurance Agency, LLC. Unum Insurance
Agency, LLC is a subsidiary of Unum Group and is not a Nationwide
business or affiliate.
About Nationwide pet insurance
With more than 1.2 million insured pets, Nationwide is the first
and largest provider of pet health insurance in the United States. Nationwide pet health
insurance plans cover dogs, cats, birds and exotic pets for
multiple medical problems and conditions relating to accidents,
illnesses and injuries. Medical plans are available in all 50
states and the District of
Columbia. Products underwritten by Veterinary Pet Insurance
Company (CA), Columbus, OH;
National Casualty Company (all other states), Columbus, OH. Agency of Record: DVM Insurance
Agency. All are subsidiaries of Nationwide Mutual Insurance
Company. Products and discounts not available to all persons in all
states. Insurance terms, definitions and explanations are intended
for informational purposes only and do not in any way replace or
modify the definitions and information contained in individual
insurance contracts, policies or declaration pages, which are
controlling. Pet owners can find Nationwide pet insurance on
Facebook or follow on X. For more information about Nationwide pet
insurance, call 800-USA-PETS
(800-872-7387) or visit petinsurance.com.
About Nationwide
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and
strongest diversified insurance and financial services
organizations in the United
States. Nationwide is rated A+ by Standard & Poor's. An
industry leader in driving customer-focused innovation, Nationwide
provides a full range of insurance and financial services products
including auto, business, homeowners, farm and life insurance;
public and private sector retirement plans, annuities and mutual
funds; excess & surplus, specialty and surety; and pet,
motorcycle and boat insurance. For more information,
visit www.nationwide.com.
Nationwide, Nationwide is on your side and the Nationwide N and
Eagle are service marks of Nationwide Mutual Insurance Company. ©
2024
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SOURCE Unum Group