WV Farm Bureau Magazine July 2016 | Page 6

Nationwide Offers Insurance Benefits for Farmers and Other Small Business Owners

Matt Nicol Sponsor Relations Account Executive
Nationwide 614-359-7342 nicolm6 @ nationwide . com
Most people know Nationwide ® for car insurance . You may know us for being the # 1 insurer of farm insurance . But did you know that Nationwide also offers insurance benefit products to small businesses ?
For businesses with as few as two full-time employees , Nationwide provides group insurance coverage including dental , vision , short-term and long-term disability , life , accident , and supplemental health .
In addition to the broad array of products available to small businesses of many types , Nationwide recently launched a new employee benefits program designed specifically for farm and ranch businesses . The customized package bundle includes three coverage lines – group life , accidental death and dismemberment , and disability insurance – all for a single per-employee monthly rate . Current Nationwide business insurance customers are also eligible for a discount on the custom farm benefits package .
“ The farming community is an underserved industry in the employee benefits market ,” says Bessie Bui , associate vice president at Nationwide . “ By customizing insurance benefits for this unique industry , we are looking to build upon Nationwide ’ s agricultural heritage to better serve our valued customers .”
Bui also notes that many insurance companies today do not offer group disability insurance for farms and ranch owners and their employees . Nationwide believes it is better positioned than other insurers to understand the unique needs and
risks of farmers and their employees .
Some other features of Nationwide ’ s new benefits package include :
• No health questions to answer
• Available to employers with as few as two fulltime employees , including the owner ( s )
• Optional dependent life coverage available
• Accidental Death and Dismemberment ( AD & D ) benefit equal to 3 times the life benefit amount
• Occupational disability coverage for the business owner , if not covered by Worker ’ s Compensation
For more information on any of Nationwide ’ s employee benefits products for farm and ranch businesses , call Nationwide at 614-677-3862 , or ask your agent for a group insurance quote .
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6 West Virginia Farm Bureau News