Companion Life & Disability Products Portfolio Available to MBPA Agents

The Michigan Business and Professional Association (MBPA) has partnered with Companion Life to sponsor a comprehensive package of standard Group and Voluntary Life and Disability Products designed for the needs of all association members, from the smallest to the largest.

Key features the MBPA – MFBA Companion Program are:

Group Term Life

• Generous Guarantee Issue Options for all Size. Groups – Even One Subscriber Groups.
• No Ineligible SIC Codes.
• AD&D Coverage Included with Group Life Programs.
• Entry Level Rating provides stable rates and helps employers contain cost.
• Extensive Dependent Life programs.
• Accelerated Benefits for insured’s with terminal illness.

Voluntary Term Life

• Generous Voluntary Life Maximums and Guarantee Issue Limits.  Employees up $500,000 and Spouses up to $150,000.
• Dependent child benefits options from $2,500 to $10,000.
• Rates are based on Entry Level Age Bands. Enrollment Age Freeze.
• No Ineligible SIC Codes.
• Waiver of Premium if totally disabled.

Short Term Disability

• Available to all size Businesses – Even One Subscriber Groups.
• All business SIC codes are eligible for coverage.
• Rates are based on Entry Level Age Bands.  Enrollment Age Freeze.
• Wide selection of benefit percentages, waiting periods, benefits maximums and payment durations.
• Partial Disability Benefit available.

Voluntary Short Term Disability

• Includes $10,000 AD&D coverage at no additional cost.
• All business SIC codes are eligible for coverage.
• Rates are based on Entry Level Age Bands.  Enrollment Age Freeze.
• Eight different plans and 13 benefit levels to choose from.
• No Evidence of Insurability if employee is at work on the effective date of coverage.
• Voluntary Buy-up Plan can be combined with employer paid STD plan.

Long Term Disability

• Available to all size Businesses – Even One Subscriber Groups.
• All business SIC codes are eligible for coverage.
• Two Year Rate Guarantees.
• Wide selection of benefit payment maximums, elimination periods and benefit duration periods.
• Vocational Rehabilitation and Workplace Modification Benefits.

Our service team is ready to help you at 888-277-6464.