|By PR Newswire||
|February 6, 2014 11:40 AM EST||
CHICAGO, Feb. 6, 2014 /PRNewswire/ -- CNA Warranty & Alternative Risks today announced its agreement with the Ear Professionals International Corporation (EPIC) to offer hearing device protection plans and inland marine insurance policies to hearing aid users.
These plans are intended to safeguard the significant investments made by hearing aid users, and offer the most flexible and extensive benefits available including protection against mechanical failure, accidental damage, and unintended loss.
"Hearing health providers want best-in-class service for their customers, and they will not be disappointed by this unrivaled product, which combines EPIC's industry expertise and CNA's insurance, compliance, and warranty capabilities," said Chris Ward, assistant vice president, Underwriting, CNA.
Since the mid-1990's, CNA has been a leading underwriter in the inland marine, warranty, and service contract markets.
CNA works to integrate service contract and insurance models to develop the right program structure. For this reason, third party administrators, retailers, and original equipment manufacturers look to CNA for innovative solutions to their risk transfer and compliance needs.
As the insurance broker, Critical Period Insurance Agency, Inc. (CPIA) was responsible for establishing the relationships between the companies.
"This partnership with CNA allows EPIC to continue its efforts to maximize the value of good hearing in the marketplace and complete the suite of hearing care services and products available to the consumer," said Brad Volkmer, EPIC President & CEO. "Hearing is a valuable life sense, and these hearing aid protection plans will maximize the life and use of hearing products for those people who rely on them for a better quality of life."
For more information on this new product offering, please contact Chris Ward at (312) 822-4314 or [email protected]
Founded in 1997, Ear Professional International Corporation (EPIC), dba EPIC Hearing Healthcare, offers complete solutions for hearing aids and related hearing services. EPIC provides access and coverage for hearing aids and related services in a variety of structures the marketplace including the only fully insured Hearing Service Plan (HSP). EPIC has the largest network of audiologists, otolaryngologists, and service providers in nation, and is the trusted provider for the most well-known insurance plans, Taft-Hartley funds, workers compensation funds, as well as large national trade associations. For more information, please visit EPIC Hearing Healthcare at www.epichearing.com.
Serving businesses and professionals since 1897, CNA (NYSE: CNA) is the country's eighth largest commercial insurance writer and the 13th largest property and casualty company. CNA's insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. For more information, please visit CNA at www.cna.com. "CNA" is a service mark registered by CNA Financial Corporation with the United States Patent and Trademark Office. Certain CNA Financial Corporation subsidiaries use the "CNA" service mark in connection with insurance underwriting and claims activities.
About Critical Period Insurance Agency, Inc.
CPIA has a national insurance managing general agency with over 100 years of product development experience. Their successful initiatives have assisted manufacturers and distributors of solar, wind, power transmission, consumer and high tech products in improving the marketability of their "New" Products or Services to increase market acceptance and to acquire new market share by improving warranty and extended warranty coverage and taking the warranty risk of balance sheet in the process. Please visit www.cpiainc.com.
Jennifer Martinez, 312-822-5167
Sarah Pang, 312-822-6394