Aflac Inc - Company Profile
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Business Description
Aflac Inc (Aflac) is a holding company offering a range of supplemental health and life insurance products in the US and Japan. It serves about 50 million customers.
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Product Categories
- Accident
- Cancer
- Critical care
- Dental/vision
- Disability
- Hospital Indemnity
- Life Insurance
- Medical and Other Health
- Other
Overview
Provides both individual and group accident insurance. In the case of a covered injury, these plans provide monetary payments. The accident section of the insurance offers lump-sum compensation for unavoidable death, dismemberment, and certain injuries in addition to set benefits for inpatient care.
Performance
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Overview
Provides a lump-sum benefit upon initial diagnosis of cancer and subsequent benefits for treatment received due to cancer. Aflac U.S. offers cancer insurance on an individual basis.
Performance
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Overview
Provides coverage for critical illness plans on both an individual and group basis. These policies are designed to pay cash benefits in the event of critical illnesses such as heart attack, stroke or cancer.
Performance
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Overview
Provides network dental and vision products on a group basis and fixed-benefit coverage on both an individual and group basis. Aflac Vision Now is an individually issued policy which provides fixed benefits for serious eye health conditions and loss of sight as well as coverage for corrective eye materials and exam benefits.
Performance
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Overview
Provides short-term disability benefits on both individual and group basis and long-term disability benefits on a group basis.
Performance
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Overview
Provide hospital indemnity coverage on both individual and group basis. Hospital indemnity products provide policyholders fixed dollar benefits triggered by hospitalization due to accident or sickness. Indemnity benefits for inpatient and outpatient surgeries, as well as various other diagnostic events, are also available.
Performance
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Overview
Offers term- and whole-life policies on both individual and group basis.
Performance
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Overview
Offers medical and other health insurance products.
Performance
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Overview
Offers coverage for out-of-pocket costs incurred when receiving public nursing care services.
Performance
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Geographical Segments
Overview
Offers voluntary supplemental insurance products in Japan. Product offerings include general medical indemnity plans, ordinary life insurance plans, cancer plans, care plans, medical and sickness riders, living benefit life plans and annuities. Operates through its subsidiary Aflac Life Insurance Japan Ltd and distributes its products through independent corporate agencies, individual agents and agencies, banks and affiliated corporate agencies in Japan. Focuses on introducing new innovative and revised products pertaining to medical, cancer, and income support insurance market.
Performance
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Overview
Offers voluntary supplemental insurance products in the US. Product offerings include critical illness insurance, fixed-benefit dental plans, life and short-term disability plans, cancer plans, accident plans and care plans. Distributes its products through sales associates and brokers in the US. Intends to be the number one distributor of benefits solutions for the US workforce.
Performance
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Overview
Includes activities not involved in Aflac Japan or Aflac U.S. segments.
Performance
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