Unum releases single trust solution for group life
Multiple group life policies can be written to 'simplify' employer experience
Employee benefits specialist Unum has launched Excepted Group Life Policy (EGLP) Master Trust, a life insurance solution designed to allow employers to offer multiple group life policies to their staff. The offering, which allows Unum to write multiple group life policies under a single ‘Master Trust', has been created to save employers time and reduce administrative burden associated with managing group life policies. According to research by Group Risk Development (GRiD), 46% of employers...
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