Assurant Employee Benefits includes features designed to appeal to educators in a new employee-paid disability insurance product.
Assurant Employee Benefits, Kansas City, Mo., a unit of Assurant Inc., New York, says the new Educator Benefits Solutions product offers a choice of 4 elimination periods, which can be integrated with common with school sick-leave and sick-pay arrangements.
The program also comes with relatively high minimum benefit amounts, to help maintain the value of the product against offsets, and a sabbatical provision that allows plan participants to continue coverage for up to 1 year while on leave of absence for travel or study.
