Aflac expands consumer-directed portfolio in U.S. with addition of Final Expense Whole Life and Medicare Supplement Insurance
New products, underwritten by Tier One Insurance Company, help provide protection for individuals and their families when, where and how they need it most COLUMBUS, Ga. , Aug. 4, 2022 |PRNewswire| -- Aflac Incorporated today announced the introduction of two new consumer-directed products: Aflac Final Expense Whole Life Insurance and Aflac Medicare Supplement Insurance. These products — underwritten by Tier One Insurance Company, a subsidiary of Aflac Incorporated — are part of a robust portfolio of supplemental coverage options for those unable to access Aflac products through the workplace. "This product expansion represents not only new offerings, but a bold new senior strategy that leverages Aflac''s strong brand recognition and affinity, particularly with retiring Americans who are seeking to continue their trusted relationship with Aflac by supplementing their Medicare benefits," said Aflac U.S. Deputy President Virgil Miller . "In providing this competitive product lineup to seniors, we have partnered to support product development, risk transfer and administration." Aflac Final Expense Whole Life Insurance With Aflac Final Expense Whole Life Insurance, policyholders can help protect their loved ones'' financial security by helping to pay for end-of-life expenses not covered under Medicare and other programs, while also encouraging families to address uncomfortable discussions about final expenses. "Processing the loss of a loved one takes an emotional toll on families and many often face financial stress while grieving.
Aflac expands consumer-directed portfolio in U.S. with addition of Final Expense Whole Life and Medicare Supplement Insurance
New products, underwritten by Tier One Insurance Company, help provide protection for individuals and their families when, where and how they need it most COLUMBUS, Ga. , Aug. 4, 2022 |PRNewswire| -- Aflac Incorporated today announced the introduction of two new consumer-directed products: Aflac Final Expense Whole Life Insurance and Aflac Medicare Supplement Insurance. These products — underwritten by Tier One Insurance Company, a subsidiary of Aflac Incorporated — are part of a robust portfolio of supplemental coverage options for those unable to access Aflac products through the workplace. "This product expansion represents not only new offerings, but a bold new senior strategy that leverages Aflac''s strong brand recognition and affinity, particularly with retiring Americans who are seeking to continue their trusted relationship with Aflac by supplementing their Medicare benefits," said Aflac U.S. Deputy President Virgil Miller . "In providing this competitive product lineup to seniors, we have partnered to support product development, risk transfer and administration." Aflac Final Expense Whole Life Insurance With Aflac Final Expense Whole Life Insurance, policyholders can help protect their loved ones'' financial security by helping to pay for end-of-life expenses not covered under Medicare and other programs, while also encouraging families to address uncomfortable discussions about final expenses. "Processing the loss of a loved one takes an emotional toll on families and many often face financial stress while grieving.