Unum Group, a prominent provider of financial protection benefits, has launched Unum Pet Insurance to round out its financial benefits coverage for employees and their families.
The move comes with pet ownership costs on the rise, as Unum recognised the need to support employees in managing their pets’ health and well-being, enhancing overall satisfaction and engagement.
Provided by Nationwide, the product offers a range of plans designed to address the diverse needs of pet owners. From accidents to illnesses and preventative care, the coverage ensures comprehensive protection for furry family members. With features such as mobile claims, reimbursement options, and access to live veterinary professionals, Unum Pet Insurance delivers peace of mind and financial security.
Unum Pet Insurance encompasses a wide range of benefits, including coverage for veterinary services, emergency boarding costs, and optional wellness coverage. With discounts on pet prescriptions and lost pet support, the policy offers extensive support for pet owners facing unexpected challenges.
By partnering with Nationwide, Unum Group enhances its ability to provide comprehensive protection for workers and their families, reinforcing its commitment to holistic financial security.
Tim Arnold, Unum Group’s executive vice president of voluntary benefits and president of Colonial Life, a Unum Group company, stated, “We are thrilled to be rounding out our voluntary benefits portfolio with the addition of Unum Pet Insurance. As workforce needs and employee expectations evolve, we must too. Employees want more than protection for themselves — they want to ensure their families are cared for as well. For employers, it is important to remember that everyone defines family differently, and for many, pets are just as important as any other member of the household. Unum Pet Insurance ensures that we’re meeting employees where they’re at and fulfilling our purpose of helping the working world thrive throughout life’s moments.”
Melissa Lovely, Vice President of Sales for Nationwide pet insurance, added, “Employers are looking for every lever to keep their best employees and attract top talent, and research shows that offering pet-related benefits provides that competitive advantage. Offering pet health insurance as a voluntary benefit is a win/win for employer and employee. It demonstrates that the company is invested in the wellbeing of the whole family, and it makes it easier and more affordable for employees to protect their beloved pets. This partnership between Nationwide and Unum positions our industry-leading companies to support a greater number of pet-owning employees and provide more care for more pets.”
Copyright © 2024 InsurTech Analyst
