Personal Insurance

Basic personal auto insurance is mandated by most states and provides you with some financial protection in case of an accident. But is it enough? What are the options? Learn how car insurance works and what types of coverage are available.

Life Insurance:

Auto insurance is a contract between you and the insurance company that protects you against financial loss in the event of an accident or theft. In exchange for your paying a premium, the insurance company agrees to pay your losses as outlined in your policy. Auto insurance provides coverage for:

  • Basic protection – Need life insurance just to provide financial support to your survivors if you die unexpectedly? Term insurance generally provides coverage for a specific length of time, at a lower cost than other types of insurance.
  • Market participation and cash value –  If you need insurance protection for the long term, want the potential to build cash value (money from which you can borrow, even during your lifetime) and have a little more money to spend, consider permanent life insurance. There are three types of permanent life insurance policies:
  • Whole life insurance builds value based on a set schedule. You’ll know the exact cash value of your policy at each anniversary. (If you take a loan or withdrawal from your policy, the cash value and death benefit will decrease.)
  • Universal life insurance earns a fixed interest rate on the cash value of the policy. While the interest rate may change over time, it will never dip below a guaranteed minimum rate.
  • Variable universal life insurance  lets you invest your cash value in the stock market, so your policy value goes up or down based on the performance of your investments. The investment subaccount options in VUL policies are not offered for sale to the general public.

Disability Insurance

Disability Insurance: Protect You and Your Employees From a Long or Short-Term Disability

The chances that your employees will need disability insurance may be greater than you realize.

Consider these statistics:

  • Someone suffers a disabling injury every 9 seconds
  • Almost 73% of disabling injuries occur off-the-job
  • Nearly 50% of all personal bankruptcies and mortgage foreclosures are attributable to debilitating injuries and illnesses

Insure their well-being with a disability plan

Most people aren’t prepared to cover their daily living expenses, let alone ongoing financial obligations, if a disability would prevent them from working. Disability insurance can help provide peace of mind for your employees and their families.

Nationwide Employee Benefits® offers employers a choice of short-term disability and long-term disability plans.

Rehabilitation and return-to-work incentives

Getting back to work is critical for employees, their families and their employer. That’s why we’ve built flexible disability plans that help benefit everyone involved.

Our long-term disability plans include the following features to make it easier for employees to return to work while improving their overall health and well-being:

  • Workplace modification
  • Rehabilitative services 
  • Social Security coordination assistance
  • Work incentive benefit

Employee Assistance Program (EAP)

A strong Employee Assistance Program (PDF) promotes better employee productivity and well-being. Included with our group disability insurance, EAP services help employees and their household members obtain free and confidential access to extensive work/life resources, including:

  • Advice on handling difficult life events, like losing a loved one
  • Parenting information and services
  • Child and elder care provider databases
  • Online financial tools and calculators
  • Identity-theft consultation

Critical Illness Insurance

According to the American Cancer Society, the risk of men developing some type of cancer in their lifetime is around 1 in 2 or 42%, and the risk in women is around 1 in 3 or 37%.

Did you know? November is Lung, Pancreatic, and Prostate Cancer Awareness month.

Lung cancer is the leading cancer killer in both men and women in the US.

Pancreatic cancer has the highest mortality rate of all major cancers.

Prostate cancer is the most common cancer in men other than skin cancer.

Based on these statistics, it is likely you may know someone who has cancer, had cancer, or will be diagnosed with cancer at one point in their life. What if in the future, that someone were you or an employee who works for you? It’s important to prepare for unexpected expenses. Critical Illness insurance provides a lump-sum payment to the insured if they suffer a major illness, which includes cancer, heart attack, stroke, major organ transplant or end stage renal disease. Employers can provide coverage for their employees for as little as $4 – $10 per month to help them prepare for an unexpected illness.

The Movement Agency’s critical illness benefit plan can be used to help with the cost of treatment or expenses incurred due to the illness such as medical equipment, major medical deductibles, baby-sitters or additional groceries needed for family members helping during the time of need.

Long Term Care Insurance

Long-term care (LTC) is any personal assistance you need to maintain your quality of life as you get older.

Some people think that long-term care only covers nursing home expenses. In fact, half of all long-term care services are provided in the home.

A common misconception

Many people think that certain programs will help cover the cost of long-term care. But the reality is:

  • Health insurance doesn’t cover long-term care expenses
  • Medicare will cover some long-term care costs, but only up to 100 days (after a three-consecutive-day stay in a hospital under treatment)
  • Medicaid will cover long-term care expenses for individuals with assets of $2,000 or less (countable assets according to Medicaid regulations; varies by state) and covered care could be limited to a nursing home
  • Paying for care out of pocket isn’t practical or cost-efficient for many people Solutions that can help

Long-term care coverage was developed to help offset the cost of these services. At The Movement Agency, we offer long-term care insurance coverage as part of a life insurance policy, either as rider or a linked benefit. Our solutions offer protection against long-term care costs and the ability to leave a legacy if these benefits are not needed.

What Our Customers Say About Us