Includes group term life insurance and accidental death and dismemberment, short-term and long-term disability and dental insurance
Lincoln National’s insurance solutions/group protection division has rolled out Small Business group benefits product suite, currently aimed at the 2-9 life market.
The company claims to offer small business owners the same benefits that are enjoyed by larger group clients.
The company has created a Small Business Center to serve this new client base. The Small Business Center, a home office-based sales support unit, provides brokers with quick quotes and follow-up in support of their customers’ requirements.
According to Lincoln National, Small Benefit portfolio features and benefits include, group term life insurance and accidental death and dismemberment (AD&D), long-term and short-term disability and dental that covers preventive, basic, and major services.
Chris Jakubson, director of small group business at insurance solutions/group protection division, said: “With the Lincoln Financial Group portfolio of benefits – life, AD&D, STD, LTD, and dental insurance – small-business owners can build affordable, attractive benefit packages and gain the leveraging power of a big business. Lincoln gives them control over the flexible options they want, and the cost-efficiencies they need, which helps them attract and retain top talent. The response has been very positive.”
“With our web technology and efficient processes, we are able to deliver a streamlined, cost-effective, high quality product to our brokers’ prospective small business owners and their employees.”