Employees Pay for This Valuable Feature Only if They Use it
Offer Group Whole Life insurance with a built-in Chronic Care Benefit.
Some sobering statistics: 6 out of 10 adults are dealing with a chronic disease1, and nearly 80% of working Americans are concerned about the impact of a chronic illness condition on their finances.2
The good news is that the Chronic Care Benefit3 is automatically included with every MassMutual Group Whole Life policy. Employees pay for the benefit only if they use it – and that fee is deducted from their benefit amount, so there are no additional out-of-pocket costs ever. Watch the video to learn more.
Help your clients send a strong message to their employees that their financial well-being matters, no matter what the future may hold.
1 The CDC defines chronic diseases broadly as conditions that last 1 year or more and require ongoing medical attention or limit activities of daily living. Source: As of Feb 2023 – CDC National Center for Chronic Disease Prevention and Health Promotion (NCCDPH): About Chronic Diseases, https://www.cdc.gov/chronicdisease/about/index.htm
2 2023 MassMutual Chronic Care Study, which as conducted by PSB Insights, LLC. 2102 respondents aged 22-67 were surveyed in February 2023.
3 The insured must be diagnosed by a qualified medical practitioner as having a chronic illness. In most states, being chronically ill is generally defined as being unable to perform, without substantial assistance from another individual, at least two daily living activities (eating, toileting, transferring, bathing, dressing, and continence) due to a loss of functional capacity or requiring substantial supervision to protect the individual from threats to health or safety due to severe cognitive impairment. State variations apply.