Transamerica Bolsters Group provides whole life insurance policies with employee assistance, travel and identity theft services

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Baltimore, March 13, 2023 /PRNewswire/ — Transamerica today announced its availability Transamerica Employee ResourcesSM, a suite of new benefits that help employers strengthen their work-life balance and get through challenging times. These services provide valuable confidential resources to employees and their families in times of crisis.

Transamerica Employee Resources It includes three valuable services:

  • A selection of Employee Assistance Program (EAP) models. EAP Core provides confidential survivor services such as assessments, grief counseling, referrals and follow-up at no additional charge to employers or employees at the time of a claim. EAP Plus offers enhanced services to all employees, such as additional counseling sessions and HR services, and is available for employer purchase at no additional cost to employees.
  • Emergency Travel Assistance provides emergency travel assistance and assistance for 90 consecutive days of travel more than 100 miles from home, whether for business or pleasure, domestically or abroad.
  • Identity theft services help protect and restore personal financial information.

“Work-life balance is a challenge, especially when life outside the workplace is more complex than usual,” he said. Phil Ekman, president of Transamerica Workplace Solutions. “Employers know that when employees are trying to focus on work, it’s difficult to go through a crisis. Transamerica’s Group Term Life Insurance now includes confidential and easily accessible programs at no cost to the employee to help employees feel supported and productive. Transamerica Employee Resources Transamerica is just one more way we demonstrate our commitment to helping our customers live their best lives.

Transamerica’s Group Term Life Insurance is an annual renewable employer-paid term life policy with guaranteed coverage, 100 years of age without a medical exam, no proof of insurability, portability if a covered employee leaves or retires, and employee purchase options from employer-paid coverage.

Employee assistance programs
EAP Core offers confidential, personal assessments, grief counseling, referrals, and follow-up services provided by ComPsych Corporation. Services include:

  • Three in-person or video grief counseling sessions
  • Custom digital communications and resources
  • 24/7 clinical support via text, chat, phone and email
  • Online content and research for childcare, elder care, housing, education and more.
  • Unlimited phone access to staff attorneys and financial professionals
  • Free online basic license preparation
  • Online health risk assessment
  • Resources are available online or through a mobile app

EAP Plus enhances support services for all employees by providing five in-person or video counseling services for any issue, customized communications and resources in digital and print formats, and human resource services such as regular referrals and supervisory advice. Both EAP Core and EAP Plus offer employers optional critical risk briefings and monthly training hours and webinars.

Emergency travel assistance
Offered through Assist America, Emergency Travel Assistance (ETA) services provide emergency support and assistance when traveling more than 100 miles from home for 90 consecutive days, whether for business or pleasure, domestically or internationally. Services include:

  • Emergency medical evacuation and return to the nearest facility
  • Emergency assistance in travel arrangements
  • Prescription replacement aid if lost or forgotten
  • Medical consultation, assessment and follow-up
  • Medical, legal and interpreting referrals
  • Return home early when a close family member dies
  • Return of the remains of a member
  • Foreign hospital admission assistance

Identity theft services
Identity theft services help protect employees’ personal financial information and restore financial security if compromised:

  • Secure credit card and document storage in case of loss or theft
  • Internet fraud monitoring and owner notification if a card shows dark web activity
  • 24/7 access to a certified Fair Credit Reporting Act case worker for identity restoration
  • Lost or stolen credit and debit card assistance
  • Fraud support service kit with the agency’s contact information will help you recover quickly

With 90 years of experience providing employee benefits, Transamerica is committed to helping employers provide greater financial security to their employees.

Employers can contact their financial professionals to learn more about Transamerica’s flexible suite of employee benefits.

About Transamerica
With a history spanning more than 100 years, Transamerica is a leading provider of life insurance, retirement and investment solutions, serving millions of clients. America. Transamerica’s dedicated professionals focus on helping people live well today and empowering them to create a better tomorrow by saving, investing and protecting their loved ones. Transamerica serves nearly every customer segment, offering a wide range of investment products including quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts and mutual funds, annuities, stable value solutions and asset management services.

In the year By 2021, Transamerica has fulfilled its promise to customers by paying more than customers 52 billion dollars Insurance, pension and annuity claims and benefits, including refund of annuity premiums paid by the customer. Transamerica headquarters entered. Baltimore, Marylandalong with other major functions Cedar Rapids, IowaAnd Denver, Colorado. Transamerica is part of the Aegon group of companies. Each Aegon Group company is solely responsible for its own financial conditions and contractual obligations. Based on HollandAegon is a diversified global financial services group that provides investment, protection and retirement solutions. For the full year 2021, Agon has dominated. 1.1 trillion dollars In income generating investments. ComPsych and Assist America are third party service providers for Transamerica Life Insurance Company. ComPsych, Assist America and Transamerica are not affiliated in any way. For more information, visit www.transamerica.com.

In Care Of ComPsych Corporation
ComPsych® Corp. is the world’s largest provider of employee assistance programs (EAP) and a pioneer and global leader in fully integrated EAP, behavioral health, wellness, work life, HR, FMLA and absence management services.® Brand ComPsych serves more than 60,000 organizations covering more than 130 million individuals across the US and 190 countries. By creating “build-to-fit” programs, Compsich helps employers attract and retain employees, increase employee productivity, and improve overall health and safety.

About America’s help
In the year Founded in 1990, Assist America, Inc. It is the nation’s largest provider of international emergency medical services through employee and student benefits. The company was established especially to meet the special requirements of the large membership groups of the insurance industry. They cover employees (and union members) when they travel on business and leisure trips. In addition, their services are provided to spouses and dependent children when traveling for pleasure.

Media Inquiries:

Email: [email protected]

Hank Williams
(319) 355-7789

Julie Quinlan
(303) 383-5923

Source Transamerica

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