is an insurance holding company based in Ft. The company was purchased in 2012 by USHEALTH Group, Inc. USHEALTH Group’s growth plan includes continued expansion of its presence in the company’s current markets and additional opportunity markets through development of new office locations within strategic population centers.Įnterprise Life Insurance Company was originally incorporated in 1978 and is licensed to provide life, annuity and accident insurance coverage. Just as our Field Force of dedicated Agents enjoys today, agents in these new markets will be afforded a richly rewarding career opportunity representing a robust, innovative product portfolio backed by an exceptional, well-managed company.” Our company has experienced exponential growth since the introduction of these products and we see the potential for even more growth, as we establish a presence in opportunity markets. “I’m excited by the prospect of bringing these innovative product designs to new markets in 2013,” stated Troy McQuagge, President and CEO of the company’s wholly-owned distribution arm, USHEALTH Advisors. In 2011, the company introduced several a new sickness plans, as well as several new accident plans. This unique option allows consumers to purchase the appropriate level of coverage to meet their current needs yet, provides them the ability to increase coverage without additional underwriting in the event of a serious illness or injury. In 2010, the company introduced a unique line of underwritten fixed indemnity health products that provide consumers the option to “Step Up” or, increase their benefits without additional underwriting. The company’s fixed-rate insurance concept, first introduced in 2006, allows consumers to lock in their health premiums for a period of up to 36 months, thereby making it easier for them to budget for their insurance needs over the long term. Through its current insurance subsidiaries, Freedom Life Insurance Company of America and National Foundation Life Insurance Company, USHEALTH Group has introduced product innovations such as fixed-rate health plans, guarantee-issue fixed indemnity coverage and optional “Step-Up” benefits riders for its line of underwritten fixed indemnity health products. “This acquisition provides USHEALTH Group a third insurance underwriting company with which, we can accelerate our plans to enter new markets with our innovative product designs focused on the under age 65 individual health insurance market.” “Enterprise Life Insurance Company is strategic to USHEALTH Group’s planned expansion into key opportunity markets,” commented USHG President and CEO, Ben Cutler. The transaction, which was completed on December 11th, strategically positions USHEALTH Group for planned market expansion and additional branding opportunities in 2013. recently added to its insurance company holdings by acquiring Enterprise Life Insurance Company of Irving, Texas. Cigna may not control the content or links of non-Cigna websites.Fort Worth, Texas (PRWEB) December 22, 2012įort Worth, Texas-based insurance holding company, USHEALTH Group, Inc. Selecting these links will take you away from to another website, which may be a non-Cigna website. This website is not intended for residents of New Mexico. For availability, costs and complete details of coverage, contact a licensed agent or Cigna sales representative. LINA and NYLGICNY are not affiliates of Cigna.Īll insurance policies and group benefit plans contain exclusions and limitations. The Cigna name, logo, and other Cigna marks are owned by Cigna Intellectual Property, Inc. Accidental Injury, Critical Illness, and Hospital Care plans or insurance policies are distributed exclusively by or through operating subsidiaries of Cigna Corporation, are administered by Cigna Health and Life Insurance Company, and are insured by either (i) Cigna Health and Life Insurance Company (Bloomfield, CT) (ii) Life Insurance Company of North America (“LINA”) (Philadelphia, PA) or (iii) New York Life Group Insurance Company of NY (“NYLGICNY”) (New York, NY), formerly known as Cigna Life Insurance Company of New York. That insure or administer group HMO, dental HMO, and other products or services in your state). Group health insurance and health benefit plans are insured or administered by CHLIC, Connecticut General Life Insurance Company (CGLIC), or their affiliates (see Individual and family medical and dental insurance plans are insured by Cigna Health and Life Insurance Company (CHLIC), Cigna HealthCare of Arizona, Inc., Cigna HealthCare of Illinois, Inc., Cigna HealthCare of Georgia, Inc., Cigna HealthCare of North Carolina, Inc., Cigna HealthCare of South Carolina, Inc., and Cigna HealthCare of Texas, Inc. Find an in-network doctor, dentist, or facility
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