Overview of Nippon Life Benefits - secure1.nlia.com Finalist... · Overview of Nippon Life Benefits...

Underwritten by Nippon Life Insurance Company of America®

Nippon Life Insurance Company of America® - marketing name Nippon Life Benefits®, NAIC number 81264, licensed & authorized in all states plus DC, except not ME, NH or WY, domiciled in

Iowa, with a principal place of business at 655 Third Avenue, 16th floor, NY, NY 10017-9113, member company of Nippon Life Insurance Company of Japan (“Nissay”). Nippon Life Benefits is

responsible for its own financial condition and contractual obligations.

Overview of Nippon Life Benefits

Nippon Life Benefits Overview• Corporate Value

• Company Overview

• World Class Financial Strength

Products• Dental

• Vision

• Life

• Disability

Useful Tools• Employer Portal

• Mobile App

http://www.nipponlifebenefits.com/



We are Nippon Life Benefits

We hold ourselves to the highest level of service and

incorporate our core values –

Harmony, Honor, and Humanity – into all that we do.

To help make yourself more comfortable with your new insurance

benefits, we are here for you! Should you have any questions,

please do not hesitate to ask us.

It is pleasure to meet you and we look forward to working with you!

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Hello!




Our Mission Is To Bring Humanity Back To Healthcare

Nippon Life Benefits was founded and incorporated in 1991

Corporate Headquarters in New York

Specialization in Employee Benefits - Medical, Life, STD, LTD,

Dental, and Vision

Licensed in all states except ME, NH, and WY

Regional offices in Atlanta, Chicago, Los Angeles, New Jersey,

Ohio and Pennsylvania

Known for providing high quality services – 2016 Employer

overall satisfaction rate was 94.7%!

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Company Overview




Nippon Life Insurance Company of America® (Nippon Life

Benefits®) is a U.S subsidiary of Nippon Life Insurance Company

of Japan

Nippon Life Insurance Company of Japan was founded in 1889

Employs 70,519 full-time staff as of 3/2016

$520 billion in assets and $71.5 billion total ordinary income

Ranked the world’s 111th largest company in 2017 FORTUNE

GLOBAL 500

A- (excellent) rating by AM Best as of 1/2017

A+ rating by Standard & Poors as of 7/1/2016

Nippon Life Benefits is a member company of Nippon Life Insurance Company of Japan. Nippon Life Benefits is

responsible for its own financial condition and contractual obligations.

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World Class Financial Strength

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We provide unique and flexible solutions designed to stretch your benefit dollars, while offering

comprehensive coverage with extraordinary service.

Dental

Life

Disability – Short Term Disability and Long Term Disability

Vision

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Our Products

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Dental

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Keep Your Smiles Bright & Healthy

Diseases like diabetes, heart disease, complications of pregnancy and certain cancers have been tied to gum disease and poor oral health.1

Did You Know?

Approximately 1 out of every 2 American adults aged 30 and over

has periodontal disease.2

About 18% of preterm, low birth weight babies born in the United

States each year may be attributed to oral infections.3

1 in 3 Americans admit to delaying dental care because they’re

worried about costs.4

(References)

1. “Healthy mouth, healthy body: The link between them may surprise you,” everydayhealth.com, 2/9/16

2. American Academy of Periodontology, CDC: Half of American Adults Have periodontal Disease

3. Oral Health And Overall Health, Why A Healthy Mouth Is Good For Your Body

4. Aspen Dental Cost of Delay Study, 2013

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Why You Need Dental Coverage?




Aetna Dental® Administrators is one of the largest

dental benefit administrators in the nation.

Access in 50 states plus District of Columbia and Puerto Rico

Nearly 160,500 available dental practice locations

Over 121,400 participating general dentists

Over 38,500 participating specialists

100 percent open offices – can’t close to new patients

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Aetna Dental® Administrators (ADA)

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Standard Plan

Comprehensive dental coverage, yet affordable

Preventive and Basic Plan

Covers most important treatments

Preventive Only Plan

The most cost effective plans and covers the essential benefits

Contributory options and

Voluntary options are available!

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Dental PPO Plan Options

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StandardPreventive and Basic

Preventive only

Monthly Premium

Contributory and Voluntary options

Preventative

Basic

Major

Ortho Optional

Dental Plan Highlights

• Cleaning• Fluoride Treatment• Preventive Exams

• Sealants• Preventive X Rays

• Cleanings• Crowns (stainless steel)• Minor Oral Surgery• Oral Cancer Screening• Periodontal Prophylaxis

• Problem Focused Exams• Problem Focused X Rays• Restorations/Fillings• Simple Extractions• Space Maintainers

• Complex Oral Surgery• Crowns (other than steel)• Dentures/Bridges/• Repairs

• Endodontic• General Anesthesia• Inlays/Onlays• Periodontics and appliances

Many options can be customized so ask your sales rep!

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Vision

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Vision care that sees beyond eye health

Vision care plays a huge role in overall health, and critical to learning and development in a child’s earliest years.

Did you know?

1 of every 12 Americans has diabetes - and since eye exams are an

accurate means of detecting serious health conditions.

12,000-24,000 people lose their vision every year because of

diabetes complications that often could have been prevented

through early detection. 1

5% of preschool-aged children have an eye problem that could

result in permanent vision loss if left untreated.

(References)

1. AOA (American Optometric Association )

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Why You Need Vision Coverage?




Vision benefits never looked so good!

Nippon Life Benefits now offers vision coverages powered by EyeMed.

In EyeMed Insight Network,

87,000+ total providers

79,383 total provider access points

51,000+ independent providers

35,000+ retail providers, such as Lens Crafters®, Pearle Vision®, Target Optical®, Sears Optical®, JC Penny Optical® and more.

97% in-network provider utilization*

Access to top brands like Ray-Ban, Oakley and many more!

*EyeMed book of business data 2013-2014

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Vision Plan Highlights

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http://www.eyemedvisioncare.com/NLB

http://www.eyemedvisioncare.com/NLB


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Life

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A Financial Cushion For Your Family’s Dreams

Life insurance often stands as a critical back-up to the financial dreams of many families.

Did you know?

According to a recent study, more than 40% of American families

would struggle to make ends meet within 6 months if something

happened to their major breadwinner.

Top 3 reasons Americans own Life Insurance1 are;

1. Help with burial or other final expenses

2. Help replacing lost income

3. Help paying off the mortgage

(References)

1. “Facts from LIMRA,” Life Insurance Awareness Month, September 2015

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Why You Need Life Coverage?




Let us help protect what matters most to you.

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Basic Group Term Life and Other Plan Highlights

Group Term Life

Participation

75% participation required

100% participation required if the

benefit is totally employer paid

Employer Contribution

50% or more employer contribution

required

Additional Features

Accelerated Death Benefit

Waiver of premium

Schedule of benefits age reduction

options

Supplemental Life

Available in conjunction with

Group Term Life

Portability options available

Dependent Life

Available in conjunction with

Group Term Life, Supplemental

Life and Voluntary Life

*Evidence of insurability may apply




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Disability

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Focusing On Helping Employees Return to Work.

Attractive benefit backed by an exceptional return-to-work claim process.

Did you know?

Every :01 second another disabling injury happens in the U.S. 1

1 in 4 of today’s 20 year-olds in America will become disabled

before they retire.2

More than 1 in 8 Americans will be disabled for five years or longer

(the average LTD claim lasts 35 months).3

38% Americans couldn’t cover expenses for 3 months.4

65% of Americans couldn’t cover expenses for a year.4

(References)

1. National Safety Council, Injury Facts 2014

2. U.S. Social Security Administration, Fact Sheet February 7, 2013

3. Gen Re, U.S. Group Disability Rate & Risk Management Survey 2012, based on claims closed in 2011

4. Council for Disability Awareness, Disability Divide Consumer Disability Awareness Study, 2010

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Why You Need Disability Coverage?




Attractive benefit backed by an exceptional return-to-work claim process

Wide range of elimination periods and benefit durations

Income replacement up to 66 2/3% of salary on most group

disability plans

Vocational rehabilitation and return-to-work assistance where

appropriate

Premium waiver during periods of eligible disability

Many enhancement options

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STD and LTD Plan Highlights




Managing benefits should be EASY.

We have useful tools for everyone - brokers, clients and members.

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Useful Tools

Mobile Appfor members

GATEWAYEmployer Portal

for clients

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Access to your benefit anytime, anywhere.

Find a Provider(Medical and Dental)

View ID Card(Medical and Dental)

Contact Customer Service

Check Claim Status

View Your Benefits(Medical and Dental)

Access to Wellness(Medical only)

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Mobile App

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Overview of Nippon Life Benefits - secure1.nlia.com Finalist... · Overview of Nippon Life Benefits...

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