Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.
Cigna Adds Group Insurance Customers to Financial Wellness Program
Among others, services include a 30-minute complimentary legal consultation with a licensed practicing attorney; discounts on tax planning and preparation services; and a "money coaching" feature.
Cigna’s My Secure Advantage (MSA) financial wellness program will be offered to group insurance customers, effective upon the new year.
The program includes tools such as “money coaching,” where customers can utilize a financial professional for thirty days at no additional cost; identity theft protection and resolution services, and tools and resources for preparing wills and other important legal documents. Other services include a 30-minute complimentary legal consultation with a licensed practicing attorney, with added discounts should clients need extra time; discounts on tax planning and preparation services; and more.
“Most Americans admit to experiencing financial stress during the course of a year, so it’s not surprising that it can take a toll on a person’s health and well-being,” says Bill Smith, president of Cigna Group Insurance. “My Secure Advantage provides the tools, resources and advice to meet the needs of individuals wherever they are in their personal financial journey and life stage, such as buying a home, having a baby, paying for college, getting ready for retirement or experiencing a loss of income due to an illness or injury. The goal is to help individuals take control of key aspects of their finances and help them improve their sense of security.”
While the platform will be standard for most Cigna Group Insurance customers come January 1, including clients with life, accident, disability, accidental injury, critical illness and hospital care insurance policies, according to the release, “the program is not available under policies insured by Cigna Life Insurance company of New York.”
You Might Also Like:
Financial Finesse to Launch Financial Literacy Certification Program for All US College Athletes
Bank of America Launches New Lifestyle Spending Account Benefit Program
AIG Wellness Check Links Retirement to Personal Financial Goals
« MetLife Pension Calculations Questioned in ERISA Complaint