- Life Insurance
Business of Caring means getting involved helping out
in the communities, sponsoring good causes and promoting ways
to help people help themselves.
more than 125 years, the CIGNA companies have been helping
people lead healthier, more secure lives. CIGNA Corporation's
subsidiaries are leading providers of employee benefits in
the United States. Their products and services include managed
and indemnity health care coverage; group life, accident and
disability insurance; retirement services; and investment
management. CIGNA also offer life insurance and employee benefits
in selected international markets.
CIGNA in the Community
are extremely proud of the time and effort put forth from
thousands of CIGNA employees, neighborhood partnerships, and
their company-wide dedication to quality-of-life issues. Together,
CIGNA look forward to making a positive difference in their
communities and in their workplace.
Power of CaringSM Spotlights celebrities' caring
and dedication to worthwhile causes.
of Virtues TV Series CIGNA sponsored animated TV
series on PBS.
of Dimes WalkAmerica CIGNA and its employees are
proud to support this annual fund raising event for healthier
Tutoring CIGNA employees tutor inner-city kids.
Breast Cancer Awareness Join in the fight against
Volunteers The Working @ CIGNA section tells how
CIGNA promotes volunteerism among its employees.
Healthy, Be Fit CIGNA is working with newspapers
around the country to bring its Be Healthy, Be Fit curriculum
to children in grades 4-8.
CIGNA Life Insurance
insurance is designed to provide funds to a survivor, family
or business in the event of a death. It is used to help replace
income, pay off mortgages, debts or estate taxes, provide
cash to buy out a partnership or acquire stock owned by the
insurance provides financial security if a family depends
on the insured's income; the policy's cash benefits can be
used to restore all or part of the lost income in the event
of the insured's death.
Life insurance has two main components:
The amount the insurance company will pay in the event
of a death.
The amount paid to purchase the protection.
third component applies to the types of life insurance other
than term policies:
The cash value, dividend, interest or other portion of
the policy that establishes a savings segment found in
whole life or universal life.
Group Insurance makes available group term life insurance
to members of sponsoring organizations such as associations
and affinity groups. The sponsoring organization can either
purchase the insurance for its members or make the coverage
available for purchase by its members and their families.
Group Insurance provides group life insurance products and
services to employers to help meet the needs of employees,
retirees and their families. CIGNA offer three types of life
insurance: Universal Life, Variable Life, and Term Life Insurance.
Universal Life (GUL) is a flexible plan for life insurance
protection that has the added option of tax-deferred earnings
on accumulated cash value. Both the insurance and cash value
components of Universal Life are designed to allow adjustments
in contribution amounts as financial needs change.
Variable Universal Life (GVUL) is more than life insurance.
GVUL is portable group life insurance protection plus a tax-advantaged
wealth accumulation vehicle.
offers the opportunity to purchase significant amounts of
life insurance coverage at affordable group rates and a variety
of investment options with nationally known investment managers.
GVUL is a flexible insurance product owned and controlled
by employees that can be adjusted to fit life's changing needs.
GVUL product is offered to eligible persons by prospectus
only. The prospectus can be obtained from CIGNA Financial
Services, Inc. The prospectus should be read carefully before
investing or sending money.
GVUL product, issued by Connecticut General Life Insurance
on form number XX605481 and state variations thereof, is nationally
distributed by CIGNA Financial Services, Inc., a broker-dealer
and affiliate of CIGNA Corp. Insurance products and services
are provided by the individual CIGNA Companies and not CIGNA
Corporation itself. Connecticut General Life Insurance Company
is an underwriting company for CIGNA Group Insurance, a division
of CIGNA Corporation. Sale of this policy is subject to state
Term life protection lasts for a temporary period or term.
Different types of term life coverage include yearly renewable
terms, 5-, 10-, 15-, or 20-year terms, a term to age 65, decreasing
term, mortgage protection, credit life and group term life.
Once the policy period ends, the contract expires and the
insurer has no further obligation.
term product issued by Connecticut General Life Insurance
on form LN430 and state variations thereof, is an individual
one-year, non-renewable, non-convertible product. Sale of
this product is subject to state insurance department approval.
many employers sponsor benefits that their employees can choose
and pay for. These are called voluntary benefits. And employees
are increasingly aware of the need to protect their financial
security after changing jobs and after retiring. Benefits
that meet this need are called portable. CIGNA Group Insurance
offers many voluntary, employee-paid and portable options.
Talk to your benefits manager at work to find out more about
what you can do for your own financial security.
1 Beaver Valley Road,
P.O. Box 15050,