COLUMBUS, Ga., May 3, 2011 /PRNewswire/ -- Aflac (NYSE: AFL),
the No. 1 provider of voluntary and guaranteed-renewable insurance
in the United States, announced
the launch of its Critical Care and Recovery insurance policy. It
helps policyholders by providing them with cash benefits if they
suffer from a heart attack, stroke, coma, major human organ
transplant, paralysis, or coronary artery bypass surgery, among
other conditions. Aflac Critical Care and Recovery now offers a
simplified underwriting process so more applicants may qualify for
coverage.
The Critical Care and Recovery policy helps employees with
out-of-pocket expenses as they recover from an illness. The policy
pays cash benefits for an unlimited number of reoccurrences and
also provides daily benefits for hospital stays, follow-up
treatments, and therapies(1) Aflac insurance policies help provide
a safety net and give policyholders the opportunity to focus on
recovery, not financial stress.
"Aflac Critical Care and Recovery is guaranteed-renewable for
life," said Tom Morey, vice
president of Product Development at Aflac. "The policy clearly
stands apart from other plans that only pay one-time lump sum
benefits."
Aflac Critical Care and Recovery, previously known as Specified
Health Event, is available to businesses with as few as three
employees and can be provided at no direct cost to the company.
Research shows only one in five Americans (19 percent) believe
they or a family member will be diagnosed with a serious illness,
according to a recent Aflac study.(2) The American Heart
Association says more than one-third of Americans suffer from heart
disease, and an American experiences a heart attack every 34
seconds and a stroke every 40 seconds.(3) The Aflac study also
found more than half (51 percent) of employees feel unprepared for
out-of-pocket expenses related to a chronic illness or accident and
one-third of consumers have less than $500 to spend on an unexpected accident or
illness.(2)
For more information about Aflac Critical Care and Recovery,
visit www.aflac.com.
About Aflac
When a policyholder gets sick or hurt, Aflac pays cash benefits
fast. For 55 years, Aflac insurance policies have helped provide a
safety net and given policyholders the opportunity to focus on
recovery, not financial stress. In the
United States, Aflac is the number one provider of
guaranteed-renewable insurance. In Japan, Aflac is the number one insurance
company in terms of individual insurance policies in force. Aflac
insurance products provide protection to more than 50 million
people worldwide. For five consecutive years, Aflac has been
recognized by Ethisphere magazine as one of the World's Most
Ethical Companies and by Forbes magazine as one of America's
Best-Managed Companies in the Insurance category. In 2011, Fortune
magazine recognized Aflac as one of the 100 Best Companies to Work
For in America for the thirteenth consecutive year. Also, Fortune
magazine has included Aflac on its list of Most Admired Companies
ten times. Aflac Incorporated is a Fortune 500 company listed on
the New York Stock Exchange under the symbol AFL. To find out more
about Aflac, visit aflac.com or aflacenespanol.com.
(1) See specific policy language for all benefits, as well as
limitations and exclusions. Policies may vary by state.
(2) "2011 Aflac WorkForces Report," a study conducted by Harris
Interactive for Aflac, 2010.
(3) Heart Disease and Stroke Statistics, American Heart
Association, 2010 Update.
(Logo:
http://photos.prnewswire.com/prnh/20100423/CL92305LOGO )
Media Contacts:
Jonathan Freed
Aflac
706.243.8793
jfreed@aflac.com
SOURCE Aflac Media Relations