State Farm to Market Fortis Health's Short Term Medical and Student Select
Health Insurance Products
MILWAUKEE, July 9 /PRNewswire/ -- State Farm Insurance Companies and
Fortis Health announce the latest advancement in their alliance, an agreement
that will enable State Farm agents to sell Fortis Health's Short Term Medical
and Student Select products effective July 1.
Short Term Medical is an affordable, easy-to-apply-for health insurance
policy. It is designed for people who are generally healthy and looking for
temporary health coverage.
Student Select is a guaranteed-renewable, year-round health policy for
college and university undergraduate and graduate students. It offers
students the opportunity for better coverage than they may get through school,
in a manner that is quick and cost-effective.
"State Farm and Fortis Health's combined company experience covers more
than 175 years," said State Farm Chairman and CEO Ed Rust Jr. "With our
nationwide distribution channels and Fortis Health's specialty insurance
expertise, customers needing these types of products will undoubtedly receive
the best possible options for coverage."
"This announcement further solidifies an already-successful partnership
with State Farm," said Fortis Health President and CEO Ben Cutler. "We are
thrilled to be the sole provider of Short Term Medical and Student Select
insurance to State Farm customers." Cutler added, "Fortis Health continues
its commitment to bring quality specialty insurance products to individuals
and small groups throughout the nation."
State Farm is the leading insurer of cars and homes in the United States,
protecting one out of every five insured cars and one out of every four homes.
Fortis Health is the national leader in providing short-term and student
select health insurance, as well as a leading national provider of Individual
Medical and Small Group health insurance.
"Having already joined forces with Fortis Health last year to offer
individual medical insurance coverage, we appreciate the product quality that
Fortis brings to the table," Rust said. "In addition to expanding our current
relationships, offering these specialty products gives our agents the
opportunity to build new relationships with young adults, including college
students, who will have a host of insurance and financial needs in their
future."
ABOUT STATE FARM:
State Farm is the leading insurer of cars and homes in the United States,
protecting one out of every five insured cars and one out of every four homes.
The State Farm life group has the highest financial strength and claim paying
ability, and it is ranked fifth in paid-for volume for ordinary life insurance
among all United States companies. State Farm also offers customers financial
services through agents and the Internet with State Farm Bank. State Farm and
its more than 16,000 agents serve nearly 70.4 million auto, fire, life and
health policies in the United States and Canada. For more information, please
visit State Farm on the Internet at statefarm.com(R).
ABOUT FORTIS HEALTH:
Fortis Health is the leading developer and provider of Individual Medical,
Small Group, Short Term and Student Health Insurance products, issued and
underwritten by Fortis Insurance Company, John Alden Life Insurance Company
and Fortis Benefits Insurance Company. In business since 1892, the company
provides health insurance coverage for more than one million people
nationwide. Fortis Health is headquartered in Milwaukee, Wis., and has
operations offices in Minnesota, Idaho, Texas, Florida and Ohio.
Fortis Health is part of Fortis, Inc., a financial services company that,
through its operating companies and affiliates, has built leadership positions
in a number of specialty insurance market segments in the United States. The
company has about $25 billion in assets under management and is part of
Fortis, an international financial services provider active in the fields of
insurance, banking and investment. Fortis' listed companies are Fortis (B) of
Belgium and Fortis (NL) of the Netherlands.
For more information, contact Michelle Love-Johnson at 262-523-3740 or
michelle@seroka.com . Fortis Health can be found on the Internet at
http://www.fortishealth.com
SOURCE Fortis Health
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Related links:
http://www.fortishealth.com
CONTACT:
Michelle Love-Johnson for Fortis Health,
262-523-3740, michelle@seroka.com , or Curt Penrod for State
Farm, 309-766-1251, curt.penrod.bhjk@statefarm.com
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