Finance

Ullico is Joining Efforts with Empathy to Support Grieving Life Insurance Beneficiaries

December 5, 2024

Ullico is Joining Efforts with Empathy to Support Grieving Life Insurance Beneficiaries

The Union Labor Life Insurance Company, a leader in providing supplemental and group life insurance to union benefit plans and union members, has teamed up with Empathy, the revolutionary on-demand bereavement support platform, to supply wide-ranging personalized services to beneficiaries of certain life insurance policies it issues.[1]

Empathy is changing the way the world plans for and deals with the loss of a loved one. Their team of experts have the experience and knowledge to provide beneficiaries with everything they may need both operationally and emotionally after a loss. Their services include assistance with estate settlement, executing a will, planning a funeral, writing an obituary, providing resources to cope with grief, and more. Empathy gives beneficiaries simple and seamless access to essential care, tools, and resources to get them through the hardest days following a loss, and for years afterwards.

“When beneficiaries lose a loved one, Union Labor Life is there to help – not just financially, but with emotional and logistical support,” says Stephanie Whalen, President of The Union Labor Life Insurance Company, a subsidiary of Ullico Inc. “Through Empathy, we’re providing union members and their families with holistic guidance and care for the administrative, emotional, legal and financial challenges they face after their loved one passes away.”

With its exceptional collaboration features, Empathy’s personalized app allows family members to communicate and plan no matter how geographically far apart they are.  By answering questions about their unique situation, family members receive a tailored plan that is unique to their needs, and a care manager who will work with them through the ins and outs of navigating the process of bereavement. Every step in taking care of a loved one’s affairs is presented on their personal care plan, with the information, guidance, and tools necessary to complete each task, and the technology to aid in making each of those steps easier.

By working with Empathy, Union Labor Life solidifies their commitment to supporting union members and their families throughout the daunting emotional, financial, legal, and administrative challenges of loss. This engagement symbolizes its mission to not only provide for, but also protect and grow the North American labor movement.

About Ullico

The Ullico Inc. family of companies provides insurance and investment solutions for labor organizations, union employers, institutional investors, and union members. Founded over 95 years ago, the company takes a proactive approach by anticipating labor needs, developing innovative financial and risk solutions, and ultimately delivering value to their clients. The company takes pride in their products that are strategically tailored to promote financial security and stability for American workers.

The Ullico Inc. family of companies includes The Union Labor Life Insurance Company; Ullico Casualty Group, LLC.; Ullico Investment Company, LLC.; and Ullico Investment Advisors, Inc. For additional information, visit www.ullico.com.

About Empathy

Empathy is human care, supercharged by innovative technology that is transforming the way the world deals with the loss of a loved one. Backed by leading tech investors and the largest global insurance carriers, Empathy is at the forefront of the emerging compassionate economy, offering guidance and ongoing support through families’ most challenging times. Founded in 2020 by Ron Gura and Yonatan Bergman, Empathy offers a full range of assistance to those facing grief, estate settlement, probate and more through life insurance benefits or via bereavement leave through an employer. By partnering with Fortune 500 companies and leading insurance carriers, Empathy currently offers services to five million insureds and 40 million covered individuals across the U.S. at no cost to families. Empathy uses its award-winning app and Care Team to carefully assess needs and next steps and complements experiences through timesaving and tech-enabled tools to effectively provide personalized plans, automated workflows and care resources, including an extensive library of articles, guides and meditation tools to support them through their grieving process. With accolades from Apple, Google Play, CB Insights and Fast Company, and $90 million in total funding, Empathy is the fastest-growing benefit for insurance carriers and employers alike. Learn more about Empathy at www.empathy.com.

[1] Empathy’s services will be made available to beneficiaries based on certain life insurance benefit amounts offered through The Union Labor Life Insurance Company.

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