Family Leave Insurance(TM) Close to Becoming Reality for American Workers, Says Rothschild-Landry

 
Thursday, September 8, 2005
 
In the weeks since products and services incubator Rothschild-Landry Holding, Inc. (http://www.rothschild-landry.com) introduced its patent-pending Family Leave Insurance(TM), interest in the product has been outstanding. Two of the nation's largest insurance providers are considering adding it as a rider to existing worksite disability products, and others are examining the feasibility of offering Family Leave Insurance directly to the public. Meanwhile, American workers are eagerly awaiting the chance to purchase Family Leave Insurance.

Family Leave Insurance will provide income replacement benefits typically of 60% of salary when workers take time off to care for an ill family member or to bond with a newborn child. Exceeding the requirements of California's Paid Family Leave fund, and those of programs proposed in other states, Family Leave Insurance will provide benefits for up to 12 weeks - the length of leave protected by the Family and Medical Leave Act.

"Demand is already strong for Family Leave Insurance because it offers compelling solutions and opportunities," said Rothschild. "Insurers recognize the product's market potential, advocacy groups see Family Leave Insurance as a way to get affordable benefits to the nation's working public faster than state or federal legislation, business groups recognize Family Leave Insurance as a way to avoid further taxes and to put the responsibility for costs into the hands of those who will benefit, and the low premiums are affordable for any worker. Family Leave Insurance is a winning proposition for everyone involved."
 
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