UNION LABOR LIFE & VSP VISION CARE ALIGN TO OFFER VISION INSURANCE PRODUCTS

Focus on Eye Care Clearly Benefits the Union Workplace

(Washington D.C.) (November 24, 2009) The Union Labor Life Insurance Company (“Union Labor Life”) announced today that it has aligned with VSP ®, the nation’s largest vision benefits and services company, to provide a range of vision insurance products to unions, union trust funds, union employers and their members.

VSP has 40,000 doctor access points offering services including comprehensive eye exams, broad selections of optical frames and more. “We understand how important quality eye care is,” stated Bruce Smith, National Sales, VSP. “Comprehensive eye exams can show early signs of diabetes, hypertension, and high cholesterol. For the union marketplace, we take extra steps to deliver quality service and the best care possible for our members.”

For Union Labor Life, the expansion of its product portfolio allows it to be more relevant in the labor marketplace during these tough economic times.  “By working with VSP, we are able to offer a comprehensive array of integrated programs to meet the vision needs of members and ensure they will have access to world-class eye care products and services.  Today, vision care is a valuable benefit for many hard-working Americans, and we want to ensure it can continue to be offered,” says Larry Paradise, Head of Group Sales at Union Labor Life.

Edward M. Smith, President of ULLICO Inc., the holding company for Union Labor Life, noted benefit solutions like VSP demonstrate ULLICO’s ongoing and unwavering dedication to the labor movement: "For more than 80 years, ULLICO has always put the needs of American working families at the core of its mission.  Eye care is often overlooked when it comes to health care and the VSP products address this potential void."

ULLICO member groups will join more than 34,000 employers and organizations accessing VSP’s doctor network with 40,000 access points for complete eye care services.

About ULLICO

ULLICO Inc., with $5.3 billion in total assets under management, is an insurance and financial services holding company. ULLICO Inc.'s subsidiary companies include The Union Labor Life Insurance Company; ULLICO Investment Advisors, Inc.; ULLICO Investment Company; ULLICO Casualty Company; and ULLICO Casualty Group. Since 1927, the ULLICO Family of Companies has offered quality insurance and investment products and services. For additional information, visit www.ullico.com [1].

About VSP

VSP GlobalSM includes VSP® Vision Care, the largest not-for-profit vision benefits and services company in the United States with 55 million members; Marchon® Eyewear Inc., one of the world’s largest manufacturers, designers and distributors of quality fashion and technologically-advanced eyewear and sunwear; Eyefinity®/Officemate® which offer innovative solutions and the premier management software and technology to improve overall practice management and patient experience; and VSP Labs, industry leaders in new technologies, production processes, service and logistics.

Since 1997, VSP has provided more than 529,500 low-income, uninsured children with free eyecare. Through relationships including those with the American Diabetes Association and Prevent Blindness America, VSP promotes the importance of annual eye exams for maintaining eye health and overall wellness. Visit vsp.com to learn more.



CONTACT:
Bina Handa
Manager
Communications & PR 202.682.6611
bhanda@ullico.com [2]