CNO Financial Group, Inc. Company Review & Valuation
About CNO Financial Group, Inc.
CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States.
It operates through Bankers Life, Washington National, Colonial Penn, and Long-Term Care in Run Off segments.
The Bankers Life segment markets and distributes Medicare supplement insurance, interest-sensitive and traditional life insurance, fixed annuities, and long-term care insurance products; and Medicare advantage and prescription drug plan products through various distribution and marketing agreements.
The Washington National segment markets and distributes supplemental health insurance, including specified disease, accident, and hospital indemnity insurance products; and life insurance at home and the worksite through independent marketing organizations and insurance agencies.
The Colonial Penn segment primarily markets graded benefit and simplified issue life insurance directly to customers through television advertising, direct mail, the Internet, and telemarketing.
The Long-Term Care in Run Off segment engages in the long-term care business.
The company sells its products through career agents, independent producers, and direct marketing.
CNO Financial Group, Inc.
was founded in 1979 and is headquartered in Carmel, Indiana.