Aflac adds two new products

Aflac announced the introduction of two new products: Aflac Final Expense Whole Life Insurance and Aflac Medicare Supplement Insurance. These products – underwritten by Tier One Insurance Company, a subsidiary of Aflac Incorporated – are part of “a robust portfolio” of supplemental coverage options for those unable to access Aflac products through the workplace.

“This product expansion represents not only new offerings, but a bold new senior strategy that leverages Aflac’s strong brand recognition and affinity, particularly with retiring Americans who are seeking to continue their trusted relationship with Aflac by supplementing their Medicare benefits. In providing this competitive product lineup to seniors, we have partnered to support product development, risk transfer and administration.” – Aflac U.S. deputy president Virgil Miller.