Nippon Life Benefits

About Nippon Life Benefits: For over 30 years, Nippon Life Insurance Company of America (Nippon Life Benefits) has been at the forefront of providing innovative employee benefits throughout the U.S. Our fully customizable programs offer quality coverage and protection, driven by our unwavering commitment to providing the highest levels of service and care to our valued customers. Our AM Best credit rating of A- reflects our dedication to excellence.

PerfectQuote now offers underwritten plans direct from Nippon Life Benefits - simply submit your census to receive plans across the following ancillary products (see product availability by state & SIC code limitations):

• Dental
• Vision
• Basic Life
• Short-Term Disability
• Long-Term Disability

All plans are quoted as Employer Paid. For Voluntary options, please contact:

Don Copley at [e-mail] or 614-701-7760.

 

 

Key Links

• Plan design details
• Troubleshooting-if you're not seeing plans for your group, please review the links below:
  • SIC code limitations & product availability by state

• FAQs 

  • How do I install plans?

    • For smooth installation of plans, Nippon Life Benefits (NLB) utilizes streamlined enrollment documents via DocuSign. NLB typically provides a Welcome Letter (email) with group number, within 24-48 hours of case submission.

    • Contact Don Copley at [e-mail] or text/call 614-701-7760.

  • I am getting a different rate in PerfectQuote than what I received from my carrier rep, will both be honored?

    • Yes, rates will be honored provided census, group demographics, employer contribution and all other assumptions are the same.

	Dental	Vision	Basic Life	STD	LTD
Rate type	Underwritten	Underwritten	Underwritten	Underwritten	Underwritten
Availability	See product availability by state See SIC code limitations
Rates	4-tier composite	4-tier composite	Composite	Groups under 10 EE - age-banded (non-vol) Groups 10+ - composite rates (non-vol)	Groups under 10 EE - age-banded (non-vol) Groups 10+ - composite rates (non-vol)

Plan Design Details

• Dental (SEE UNDERWRITING GUIDELINES) - all plans include the following: 
  • Implants
  • Perio/Endo in Basic
  • Open Enrollment
  • No Waiting Periods for all groups with 5+ enrolled and groups with 2-4 enrolled and replacing dental coverage.
• Vision (SEE UNDERWRITING GUIDELINES) - several options available to meet all budget and coverage needs
• Basic Life (SEE UNDERWRITING GUIDELINES)
  • Benefits by class, multiple of salary and flat amounts
  • Guarantee Issue for all group sizes
    • 2 – 9 Enrolled - $50,000
    • 10 – 49 Enrolled - $100,000
    • 50 – 99 Enrolled - $150,000
    • 100+ Enrolled – based on formula
• Short-Term Disability (SEE UNDERWRITING GUIDELINES)
  • 50%, 60% and 66.67%
  • Maximum Weekly Benefit - $2,500
  • Guarantee Issue for all group sizes
    • 2 – 9 Enrolled - $1,500
    • 10 – 99 - $2,500
  • Salaries above 1,000,000 will be sent as 1,000,000, per carrier guidance (otherwise STD/LTD plans will not be returned)
• Long-Term Disability (SEE UNDERWRITING GUIDELINES)
  • 50%, 60% and 66.67%
  • Maximum Monthly Benefit
    • 2 – 9 Enrolled - $6,000
    • 10 – 99 - $8,000
  • Guarantee Issue for all group sizes
    • 2 – 9 Enrolled - $6,000
    • 10 – 99 - $8,000
  • Salaries above 1,000,000 will be sent as 1,000,000, per carrier guidance (otherwise STD/LTD plans will not be returned)

SIC Code Limitations & Product Availability ByState

Please see SIC code limitations:

• Page 1 - indicates SIC code limitations for STD and LTD

• Page 2- indicates SIC codes that will only receive limited LTD plan selections
• Page 3 - indicates SIC codes that require additional underwriting consultations for LTD plans
  • Please contact Don Copley at [e-mail] or 614-701-7760 for details.

Please see product availability by state.