Just as individuals or businesses purchase insurance to protect them from the financial consequences of property and liability losses, insurance companies purchase reinsurance to protect them from some of the financial consequences of insuring the loss of others. Reinsurance is very common between insurance companies, and is not usually disclosed to the person or business that is buying the insurance. That’s why many employers and individuals are not aware of the amount of reinsurance that is routinely transacted on a daily basis
An increasing number of corporations, organizations and government clients from the industries listed below continue to reinsure their Employee Group Benefits Program through Atlanta Life Insurance Company:
- Aerospace & Defense
- Consumer Goods
- Motor Vehicle and Parts
- Petroleum Refining
- Securities Banking
Our policy period runs concurrently with the employer’s group life insurance policy.
No, the employer’s premiums will not be affected by an agreement with Atlanta Life.