Beneficial Financial Group Health Insurance
About Beneficial Financial Group
Beneficial Financial Group was founded in 1905 to provide protection for widows and orphans. Since, the company's core mission is to provide security in a changing world. Today, with the companies financial services expertise and products, Beneficial Financial has dedicated itself to helping its broad range of policyholders succeed in all aspects of life.
Beneficial Financial Group is an insurance and financial services company based in Salt Lake City, Utah. It is a subsidiary of Deseret Management Corporation, which is in turn owned by The Church of Jesus Christ of Latter-day Saints. The company was founded in the early 20th Century and as of fiscal year end 2005 had assets of $3.1 billion with yearly revenues of $600 million. The Insurance side of the company was known for many years as the Beneficial Life Insurance Company.
Beneficial Health Insurance Says
Beneficial health insurance offers coverage options for long-term care and disability income. Long-term care insurance is intended to help individuals for the future and provides benefits in the event of a long-term illness or injury. It covers care for an extended period of time at home, in an assisted living facility or at a nursing home, depending on the amount of coverage purchased. Disability income, as its name implies, offers financial protection by providing income replacement in the event of a disabling injury or illness. This insurance type comes with a variety of options based on benefit amount, length of time before benefits start, terms of income and definition of disability.
Contact Beneficial Financial Group at:
Beneficial Financial Group
150 Social Hall Ave.
P.O. Box 45654
Salt Lake City, UT 84145-0654
Sources: "Our Company," Beneficial Financial Website, 2008; "Our People," Beneficial Financial Website, 2008; "Beneficial Financial Group," Wikipedia Website, June 2009; "Disability Income Insurance," Beneficial Financial Website, 2008; Long-term Care Insurance," Beneficial Financial Website, 2008.