10.04.2007 19:00:00
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Lincoln Financial Group Adds Travel Assistance to Group Life Coverage
PHILADELPHIA, April 10 /PRNewswire-FirstCall/ -- The Employer Markets division of Lincoln National Corporation today announced the addition of travel assistance services as a value-added feature to its group life insurance policies. Based on employers' need to control the cost of employee benefits while still providing high quality benefit plans, Lincoln added the travel assistance program, called TravelConnect (SM), to deliver further protection for its group life insurance clients at no additional cost. The Lincoln Employer Markets division is focused on delivering retirement income security to employers and their employees through retirement plans, group insurance, and executive benefits.
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TravelConnect (SM) benefits include travel, medical, and safety-related services for covered employees and their family members. These services are available when traveling more than 100 miles from home regardless if it's for business or leisure. Packaging this service with group life insurance coverage provides employees an additional benefit that can be utilized at any time.
"Whether you simply want the weather forecast for your travel destination or need emergency medical assistance halfway around the world, these services are available 24 hours a day, seven days a week," explains Julie Fried, vice president of marketing for Lincoln Employer Markets Group Protection segment. "With the proliferation of the global economy and a growing population of business travelers, offering travel assistance is a logical addition to many employee benefit plans."
Lincoln Financial has contracted with MEDEX Assistance Corporation, a worldwide leader in travel-related services, to provide these services. Travelers needing assistance simply dial a toll-free number to contact a MEDEX Assistance representative. MEDEX Assistance's staff members are professionally trained to help with anything from lost luggage or travel documents to funds transfers, translation services, or even emergency medical evacuation and transportation.
"TravelConnect (SM) is not only a valuable benefit for employees," states Fried, "It also benefits employers by providing another tool to help recruit and retain top talent."
For more information on Lincoln Financial Group employee benefit products, visit http://www.lfg.com/. For information on MEDEX Assistance services, visit http://www.medexassist.com/.
Group insurance products for Lincoln Financial Group are issued and underwritten by Jefferson Pilot Financial Insurance Company and, in New York, Lincoln Life & Annuity Company of New York. Both are Lincoln Financial Group companies. The Lincoln Financial group insurance division markets ancillary (non-medical) group and voluntary insurance products including life and AD&D, long-term and short-term disability, dental, and employee assistance programs through a national distribution system consisting of 41 sales offices with two home offices in Omaha, NE and Atlanta, GA.
About Lincoln Financial Group
Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. With headquarters in Philadelphia, the companies of Lincoln Financial Group had assets under management of $234 billion as of December 31, 2006. Lincoln Financial Group recognizes the changing financial security needs of today's retirees as well as those still in the workforce, and focuses its products and services on making retirement income security a reality for its clients. Specifically, through its affiliated companies, Lincoln Financial Group offers: annuities; individual life insurance; group life, disability, and dental insurance; 401(k) and 403(b) plans; savings plans; mutual funds; managed accounts; institutional investments; and comprehensive financial planning and advisory services. Affiliates include: Delaware Investments, the marketing name for Delaware Management Holdings, Inc. and its subsidiaries; Lincoln Financial Media, which owns and operates three television stations, 17 radio stations, and the Lincoln Financial Sports production and syndication business; and Lincoln UK. For more information please visit http://www.lfg.com/.
About MEDEX Assistance Corporation
MEDEX Assistance Corporation is one of the world's leading providers of emergency medical and security assistance to individual travelers and expatriates, as well as those connected with corporations, associations, and governmental entities.
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