UNM
- Unum Group
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Overview
Company Summary
Unum Group, commonly known as Unum, is a leading provider of financial protection benefits and insurance solutions. The company operates primarily in the United States, with additional operations in the United Kingdom and Ireland. Unum specializes in offering disability, life, critical illness, and accident insurance products to individuals and businesses.
Unum's primary focus is disability income protection, providing coverage that replaces a portion of an individual's income in the event of a disabling illness or injury. Disability insurance offered by Unum is designed to help people continue to meet their financial obligations, such as paying bills and supporting their families, even when they are unable to work.
In addition to disability insurance, Unum also offers life insurance, providing financial protection to families and loved ones in case of the insured person's death. Unum's life insurance policies include traditional term life insurance, whole life insurance, and universal life insurance options.
Furthermore, Unum offers critical illness and accident insurance policies, providing financial support in situations where individuals are diagnosed with serious illnesses, such as cancer, heart attack, or stroke, or when they experience accidental injuries.
Unum operates primarily through employer-sponsored plans, where the company collaborates with businesses to offer its insurance products to their employees. By partnering with employers, Unum aims to provide financial security and peace of mind to their workforce, ensuring employees have access to necessary benefits for protection against unexpected life events.
In summary, Unum Group specializes in providing disability, life, critical illness, and accident insurance products to individuals and businesses. Through its wide range of insurance offerings, Unum strives to protect individuals and their families from financial hardships caused by disabilities, illnesses, or accidents.