The types of coverage that Connecticut General Life Insurance Company provides include life, accident, supplemental health, health care and employee assistance. Other coverage includes managed medical, pharmacy and dental care coverage. Connecticut General Life Insurance Company offers these plans to individuals, expatriate staff of international corporations and workplace markets, reports Bloomberg Business.
Connecticut General Life Insurance Company channels these benefits through employer companies and unions. Health care coverage constitutes the biggest portion of Connecticut General Life Insurance Company's coverage portfolio. This segment offers complete health plan benefits, prescription drugs, behavioral health and employee support coverage. The disability and life assurance segment provides group life, term disability and accident insurance. Global supplemental division insurance covers supplemental health, accident and life insurance, according to Vault.
Recent acquisitions give Connecticut General Life Insurance Company the ability to offer individual senior policy and middle-class customers coverage in Turkey. The company has also added self-funded insurance plans to its product portfolio after buying QualCare, explains Vault.
Cigna was formed in 1982 after INA and Connecticut General merged. The former specialized in medical, prescribed drugs and a wide range of health care policies, while the latter's core business was property-casualty oriented with a bias towards for life insurance as well as employee benefits, claims eHealth.