While we all know that life insurance helps protect our loved ones for the long term, sometimes we don’t consider that there are other benefits of a whole life insurance plan as well.
Priced to fit most budgets, Aflac Group Whole Life insurance can give your family a financial cushion when they need it. And, unlike some kinds of life insurance, a whole life insurance plan won’t be canceled just because you reach a certain age.
Aflac Group Whole Life is designed to build cash value—at a guaranteed rate of return. It’s a feature that could come in handy down the road for short-term or unplanned expenses.
There are other advantages, as well:
Who is the provider?
For more than 60 years, Aflac has been dedicated to helping provide individuals and families peace of mind and financial security when they’ve needed it most. The Aflac Group Whole Life plan is just another innovative way to help make sure you’re well protected under our wing.
Continental American Insurance Company (CAIC), a proud member of the Aflac family of insurers, is a wholly-owned subsidiary of Aflac Incorporated and underwrites group coverage. CAIC is not licensed to solicit business in New York, Guam, Puerto Rico, or the Virgin Islands. For groups sitused in California, group coverage is underwritten by Continental American Life Insurance Company. For groups sitused in New York, coverage is underwritten by American Family Life Assurance Company of New York.
Continental American Insurance Company • Columbia, South Carolina
This is a brief product overview only. Products and benefits vary by state and may not be available in some states. Plan design and optional benefits are selected at the employer level. The plan has limitations and exclusions that may affect benefits payable. Refer to the plan for complete details, limitations, and exclusions.
AGC2002727 EXP 11/21
Who is eligible?
You can enroll if you:
If you enroll, you can also enroll these family members:
What if my employment status changes?
When you leave or retire from your current employer or transfer to contingent status, you can continue your coverage without interruption, subject to applicable law and the policies' terms and conditions. Although payroll deduction will no longer be available if you retire or leave your company, you can opt for other payment methods. You will be billed directly for your cost of coverage at portable rates. Portable rates may be higher.
When would my coverage start?
Coverage is effective the 1st of the month following 30 days of employment.
When can I enroll?
At certain times you may be allowed to enroll in the Group Universal Life plan by not completing as many questions. These times include:
Are there other benefits to this plan?
Additional benefits include: