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Products
 Fee Income
Risk Management
Group Benefits
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Products :: Group Benefits
IAC provides Employee Group Life Insurance to Government and Private Sector employees within the Pacific Region of Micronesia. The history of IAC and the people of the Pacific began during the administration by the Trust Territory of the Pacific Islands (TTPI).
IAC worked with the employers of Micronesia, not only to develop an insurance plan that took into consideration the need for flexible premium and claims paying procedures, but also designed a method to educate and enroll employees. We have been in partnership with various government and private sector groups for nearly 40 years, currently providing Group Life Insurance for the Government of Guam, the Commonwealth of the Northern Mariana Islands, the Federated States of Micronesia, the Republic of the Marshall Islands, and groups in the Republic of Palau.
IAC's programs provide basic life insurance coverage with accidental death and dismemberment and waiver of premium riders on a contributory and non-contributory basis, depending on the group. Additional supplemental options such as dependent coverage and critical illness are available on a voluntary contributory basis via payroll deduction. Group sizes range from as few as 25 to more than 18,000.
IAC is dedicated to providing the best life insurance programs and the most fairly priced services to the people of the Pacific Region. We will continue to do this by working closely with our clients to meet their needs. If you would like to learn more about IAC's Group Life Insurance Programs, please contact Cathy Shinkle, Pacific Region Sales Director at Individual Assurance Company.
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