Group Term Life
Competitive guarantee issue and maximum issue amounts
Waiver of premium with variable elimination periods and termination ages
Living benefit provision with variable percentages and maximums- Conversion
- Supplemental benefits
- Accidental death and dismemberment
Group Short-Term Disability
- Income replacement from as low as 40 percent to as high as 70 percent of
pre-disability earnings - Wide variety of elimination periods and benefit durations
- Various definitions of disability are available
- Maternity coverage is available
Group Long-Term Disability
- Income replacement from as low as 40 percent to as high as 70 percent of
pre-disability earnings - Wide variety of elimination periods and benefit durations
- Various definitions of disability available
- Limited durations for more economical premiums
- Many optional plan provisions are available
Madison National has made it their goal to provide employers with superior employee benefits by offering flexible plan designs at competitive prices. Group life and disability insurance helps provide peace of mind for both employers and employees.
This is a brief description of some important features of coverage. The product is not available in all states and benefits may vary based on state of residence. Please refer to the product brochure (MNLGRP2 7/08) for additional information. Group Life and Disability products are underwritten by Madison National Life Insurance Company, Inc.
