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Insurance News Story

NAMIC to Roll Out New Voluntary Dental and Vision Benefits for Members and Directors

* Individual employees or directors can sign up for dental and vision benefits for as little as $ 3.27 per week.

* NAMIC vision and dental plans are voluntary employee paid programs with no participation requirement.

INDIANAPOLIS, September 3, 2004- NAMIC Insurance Agency (NIA) will accept enrollments for October 1, 2004 effective dates. NAMIC Insurance Agency(NIA) in conjunction with Spectera Vision and Assurant Employee Benefits (formerly Fortis Employee Benefits) will make available employee paid vision and dental benefits available to members of the National Association of Mutual Insurance Companies (NAMIC) and their directors.

“We are very excited about the opportunity to fill a need for our members,” said Scott St. Clair, NIA’s business development manager. “NIA has leveraged the buying power of the NAMIC membership to negotiate rates and benefits inaccessible to individual member companies.”

“Employers are continuing to balance increasing benefit cost with corporate budgets”, continued St. Clair. “Vision and dental programs from NAMIC allow employers to focus attention on core benefit such as health and retirement, while still offering employees and their families access to affordable dental and vision insurance.”

Vision Benefits

The program provides coverage for exams and materials including contact lenses, bifocals lenses, and frames. Participants can choose from over 16,000 providers including private practice and retails chains such a Wal Mart and Eye Glass World.

Dental Benefits

Participants can choose from two benefit rich plans. Coverage for exams, cleanings, x-rays and basic maintenance provided by both plans. Participants have the option to “buy up” coverage for major services.

For further information please contact

Edwina Payton epayton@namic.org or 800-336-2642

About NAMIC Insurance Agency

For over 25 years, NAMIC Insurance Agency has specializes in distributing professional liability, specialty bonds and employee benefits to members of the National Association of Mutual Insurance Companies. Eighty-five percent of NAMIC members purchase insurance and benefits from NIA. NAMIC Insurance Agency is the exclusive agent for NAMIC Insurance Company (NAMICO) and the NAMIC Group Insurance Trust.

About NAMIC

NAMIC is a full-service national trade association with more than 1,350 member companies that underwrite 41 percent ($170 billion) of the property/casualty insurance premium in the United States. NAMIC membership includes four of the seven largest property/casualty carriers, every size regional and national property/casualty insurer and hundreds of farm mutual insurance companies. NAMIC benefits member companies through government relations, public affairs, education and arbitration services, and insurance and employee benefit programs. Information about the association, its member companies and the property/casualty insurance industry can be found at NAMIC Online, www.namic.org. NAMIC: Turning Issues into Positive Results