Pensioners get $2,000 more in smart-pension coverage
Pensioners will receive an extra $2.2 million in smart money coverage this year, as part of the company’s effort to bolster its image as a leader in financial security.
The new coverage comes as the company announced it has expanded its smart-money offerings to cover the full retirement period, from the early years through the later years.
That coverage is part of a broader effort to increase its reputation as a provider of smart-home products, according to CEO Paul Clements.
Clements says that while it may be difficult to imagine a scenario where smart money isn’t already available, it was important to get the coverage right.
The company also said it will offer a new range of smart money products, including a smart home payment app, smart home insurance and smart-care cards, to help seniors, seniors’ families and those with disabilities find financial security, and to help them save for their retirement.
The smart money packages include a payment option for seniors, and a personal financial plan that includes a personalized monthly account manager.
The company says these plans can help retirees save for retirement and help them achieve their goals.
More information about smart money is available at smartmoney.smartpension.com.