Insurance and financial services company focusing on educators' insurance needs.
Horace Mann Educators Corporation stands as a prominent insurance holding company in the United States, specializing in providing tailored insurance solutions primarily to educators and their families. Established in 1945 and headquartered in Springfield, Illinois, the company operates through three key segments: Property & Casualty, Life & Retirement, and Supplemental & Group Benefits. Within these segments, Horace Mann offers a comprehensive range of insurance products and financial services designed to meet the specific needs of its niche clientele.
The Property & Casualty segment focuses on underwriting personal lines of insurance, including auto and property coverage, catering to the unique requirements of educators. This segment ensures that educators and their families receive reliable protection against various risks associated with personal property and automobiles. Meanwhile, the Life & Retirement segment provides a suite of retirement products, such as tax-qualified fixed and variable annuities, as well as life insurance products that include whole life, term, and indexed universal life insurance. These offerings aim to secure the financial future of educators through robust retirement planning and life insurance solutions.
Additionally, Horace Mann offers Supplemental & Group Benefits, which includes supplemental insurance products like cancer, heart, hospital, supplemental disability, and accident coverages. These products are designed to complement existing insurance coverage and provide additional financial protection against unexpected medical expenses and disabilities. The company distributes its products primarily through a dedicated sales force of full-time exclusive agents who specialize in serving K-12 teachers, administrators, and other employees of public schools across the country, ensuring personalized service and expert guidance tailored to the unique needs of the education community.