Unum Life Insurance Company of America

About Unum Life Insurance Company of America

Founded in 1848, Unum has been known for breaking new ground in the business of benefits. Integrity, determination, innovation and leadership have been at the core of the company for 160 years.

Wiki Says

Unum’s predecessor, Union Mutual Life Insurance Company, was founded in 1848, making it one of the oldest continuously operating insurance companies in the United States. It was one of the first major U.S. mutual insurance companies to convert to public ownership, forming Unum Corporation in 1986. Unum’s strategy eventually evolved to have a clear focus on disability and special risk products. Through its subsidiaries, Unum became the leader in group disability insurance. And through its business unit, Colonial Life & Accident Insurance Company, it became a leader in voluntary insurance. Founded in 1887, Provident Life and Accident Insurance Company provided accident insurance for “uninsurable” workers in the sawmills and coal mines around Chattanooga, Tennessee. Provident went on to become a leader in individual disability insurance and “return-to-work” programs that helped disabled workers return to the workforce. Unum Life Insurance Says Unum offers three different types of life insurance. These are term life, interest-sensitive whole life, and universal life. Term life insurance is purchased through the insured’s employer and is affordable, requires no physical exam and the insured can take the coverage with them if they decide to change jobs. Interest-sensitive whole life insurance accumulates cash value that the insured can borrow from or use to buy a reduced policy with no more premiums due. Universal life insurance offers flexible premiums and the ability for the insured to increase or decrease the benefit as their needs change. Contact Unim Life at: Unum Life Insurance Company of America 18 Chestnut Street Worcester, MA 01608-1528 Telephone: (774) 437-4441 Sources: “Life Insurance,” Unum Web site, 2007; “Unum,” Wikipedia, April 2009; “Contact unum,” unum Web site, 2009, “Unum Life Insurance Company America.

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