American Insurance Group -
Continental American Insurance Group
the last twenty years, Continental American has distinguished
itself as a leading provider of voluntary insurance products
at the worksite. Today, thousands of working Americans choose
Continental American to protect themselves and their families.
American Insurance Group is an insurance holding company which
offers a broad portfolio of products through its subsidiaries
and various joint venture partners.
Continental American have secured a reputation for industry-leading
products, the success of Continental American can also be
attributed to our commitment to state-of-the-art technology
and superior customer service. The culture of their organization
is strongly rooted in its dedication to customer service.
Continental American have the knowledge and technical infrastructure
to provide highly responsive and flexible support to ensure
their customers needs are satisfied. Continental American
was founded on the philosophy of putting the customer first.
Everything they do reflects that core value.
Continental American look toward the future, they are excited
about the opportunities tghey see for continuing to expand
and enhance the concept of voluntary insurance products marketed
at the worksite. Continental American will invest their energy
and creativity in exploring new products and services that
respond to the changing needs of the workforce. And as always,
they will demonstrate their philosophy of placing customers
Continental American Products
American offers a full line of voluntary payroll deducted
insurance products that provide personal and family protection
to working Americans. Provided on both standard and customized
options, their product portfolio includes Disability Income,
Universal Life, Accident, Cancer and Critical Illness. Across
the nation, Continental American's products are recognized
for quality of benefits, competitive price and special features,
such as portability -- the ability for policyholders to keep
their coverage if they retire or change jobs.
managers face many tough decisions in today's workplace. Employers
are determined to contain and even reduce spending on benefit
programs. Healthcare costs continue to increase at an alarming
rate making core benefits even more expensive to offer. The
workforce has become mobile and transient, changing jobs more
frequently as better offers come along. In addition, employees
demand more benefit choices and options than ever before.
insurance programs can help address some of the problems that
benefit managers face. Voluntary products supplement existing
programs to enhance the company's benefit package. Employees
may then choose the product or products that best meet their
insurance needs. All of this is done with no direct cost to
the employer. Employees pay the premium for the products they
purchase. The employer provides only minimal administrative
support - the insurance company does the rest.
voluntary products on a group platform provides several benefits
over traditional individual products. Typically, group premiums
are lower than most comparable individual products. Furthermore,
group products allow for easier and more flexible enrollments.
When offering traditional individual products to employees
of a multi-state company, the enrollers would be required
to use separate forms for each state and the benefits may
change from state to state.
group products however, one application could be used for
every location and the benefits and rates stay the same. Enrollment
may also be conducted in a variety of methods that would be
difficult to conduct with traditional individual product.
American's Group Universal Life plan provides financial security
for an insecure world. As most people do not have the life
insurance coverage that they need, their group universal life
plan is designed to provide flexible, permanent coverage that
adjusts to the changing needs of an insured employee and his
medical exam required
Premium Amount and Coverage the insured determines
the appropriate amount of coverage based upon particular
qualifications involve a few basic underwriting questions
Cash Value on a Tax Deferred Basis
Loans and Withdrawals
of Monthly Deduction
policy statements provided annually
is only available through payroll deduction. These plans were
designed for use of groups with a minimum of 50 eligible employees.
A minimum number of 15 accepted applicants is needed to set
up group billing.