Short Takes: Disability Insurer Eyes Bank Channel

Unum Corp., a disability and long-term-care insurer based in Portland, Maine, is reaching out to banks as a new distribution channel.

The company has formed a business unit to help it sell through more outlets. In the past, the company has relied on a network of insurance agents.

Besides banks, Unum would like to sell its wares through credit card companies, affinity groups, and over the Internet.

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