Benefit, Insurance Providers Enter Agreement

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Health and disability benefits provider HealthExtras Inc., Chattanooga, TN, has agreed to market the products of UnumProvident Corp., a disability insurance provider.

As part of the agreement, UnumProvident, Rockville, MD, agreed to purchase $6 million worth of HealthExtras stock. HealthExtras will use direct mail as well as the Internet to market UnumProvident's services.

The companies seek to target disability benefits to the middle-income market.

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