Headquartered in Hartford Connecticut, The AETNA Life Insurance Company is the subordinate life insurance company of accident and healthcare insurance giant Aetna. The Aetna Life Insurance Company provides individual life insurance and group life insurance plans throughout the United States. Founded in 1853, The Company was as a spin-off of the Aetna Insurance Company. Today, after being in business for more than a century and a half, the company currently can boast over 20,000 group life insurance policies in effect.
Current Officers of the Company are Ronald A. (Ron) Williams President and CEO Joseph Zebretsky, Sr. VP and CFO, Margaret (Meg) McCarthy, Sr. VP and CIO.
The Company has over 27,000 employees.
Last year’s reported earnings in December 2008 in terms of Gross Sales were: $2,147.5M
According To Aetna Life Insurance Company
The Aetna Life Insurance Company prides itself on delivering additional benefits beyond simple life insurance coverage to both individual and Group Life Insurance policyholders. Such Value Added Services include:
Living Benefits – The Company wants policy holders to have access to benefits they can use right now, such as financial and legal counseling.
End of Life Benefits – Aetna Life Insurance understands that end of life issues are stressful. Policyholders and their caregivers/survivors are offered help to manage end of life issues including Accelerated Life Benefit options, and medical case management
Beneficiary Benefits – All Aetna Life Insurance beneficiaries are offered family support such as bereavement counseling and legal advice
These added benefits are all part Aetna’s approach to life insurance which is a philosophy based upon helping to manage benefit costs while adding value for members. The company uses its sound financial resources to help group and individual life insurance policyholders and their families throughout their lives and not just to prepare for its end.
