Chubb Workplace Benefits Reminds Consumers of Importance of Supplemental Insurance During Open Enrollment Period

CHICAGO, Oct. 25, 2017 /PRNewswire/ -- It is Open Enrollment season - a time when millions of Americans make important health insurance decisions for the coming year.  Chubb Workplace Benefits encourages consumers preparing to enroll to take time to consider supplemental insurance as they determine their insurance plans for the coming year.

"More employers are offering voluntary benefits as part of their employee benefit plans to help cover the out of pocket costs associated with health insurance and medical expenses," said Chris Martin, President of Chubb Workplace Benefits.  "We strongly encourage consumers to consider these important supplemental insurance policies to ensure they have that extra protection should they or their dependents need it."

According to a recent Kaiser Family Foundation Health Tracking poll1:

  • Four out of ten (43 percent) adults with health insurance say they have difficulty affording their deductible, and roughly a third say they have trouble affording their premiums.
  • Three out of ten (29 percent) Americans report problems paying medical bills, with seven in ten (73 percent) indicating they cut back spending on food, clothing or basic household items to put more money toward those bills.
  • Nearly half of Americans (45 percent) say they would have difficulty paying an unexpected $500 medical bill.

Regardless of whether an individual has major medical insurance through his or her employer or through an ACA exchange, gaps in coverage may still exist. Supplemental insurance can help cover those gaps, where benefits are paid directly to policyholders if the unexpected occurs.

Chubb Workplace Benefits offers several types of supplemental insurance policies, including:

  • Accident Insurance
  • Critical Illness
  • Hospital Indemnity Insurance
  • Disability Income Insurance
  • Life Insurance

Built around the Chubb tenets of superior underwriting, service, and execution, Chubb Workplace Benefits serves large and mid-market customers by partnering with benefit brokers, agents, and consultants, offering a line of supplemental insurance products, including accident, critical illness, hospital indemnity, life and disability income.  Click here to learn more about Chubb Workplace Benefits.

About Chubb

Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.  As an underwriting company, we assess, assume and manage risk with insight and discipline.  We service and pay our claims fairly and promptly.  The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally.  Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index.  Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at:

About Combined Insurance
Combined Insurance Company of America (Chicago, Ill.) is a leading provider of individual supplemental accident, disability, health, and life insurance products and a Chubb company. With a tradition of nearly 100 years of success, Combined Insurance is committed to making the world of supplemental insurance easy to understand. The company has an A+ rating by the Better Business Bureau, an A+ (Superior) rating by A.M. Best, and is one of Ward's Top 50® Performing Life-Health Insurance Companies. Combined Insurance is also a 2017 Top 10 Military Friendly® Employer named by G.I. Jobs Magazine—marking the fifth consecutive year on the Top 10 employer list and third consecutive year in the Top 5. In New York, products are underwritten by Combined Life Insurance Company of New York (Latham, N.Y.). For more information, please visit

Media Contact:
Caitlin Morse


SOURCE Chubb Workplace Benefits