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Build a stronger business -- and a better workforce -- with Voluntary Insurance

As a business owner, you're committed to making careful, smart choices to keep your business growing and your employees happy.

But did you know that strong benefits can help you achieve both? Voluntary insurance is a simple, affordable way to help your employees protect their financial security in the event of a serious accident or illness.

Traditional health insurance pays doctors and hospitals, while voluntary insurance pays benefits directly to employees,* no matter what other insurance they have in place.

If they're sick or hurt, it can be used in any way they see fit -- whether that's for leftover medical expenses or other bills threatening their financial security. It's their money to use their way.

As the health care industry continues to evolve and businesses strive to retain valuable employees while maintaining the bottom line, voluntary benefits will play an ever-increasing role in protecting workers in times of need.

To sum up, voluntary insurance:

  • Strengthens employers' overall benefits packages.
  • Helps provide employees with financial peace of mind with cash benefits to pay out-of-pocket medical expenses and other bills.
  • Improves employees' focus, productivity and job satisfaction by helping reduce financial stress and anxiety.

 

*Unless otherwise assigned

Voluntary Insurance is more relevant now than ever before!

Changes to the health care landscape --including healthcare reform and rising medical costs -- make voluntary insurance more viable than ever. For employers it's a smart strategy for controlling expenses while helping employees remain financially secure, improving employee contentment, morale, productivity & retention.  There are many types of voluntary insurance, and employees can customize their plans to meet their unique needs and financial circumstances.

Options Employers can make available to their workforce:

  • Accident Insurance -- provides cash benefits for expenses that aren't fully covered by health insurance.
  • Cancer Insurance -- provides cash benefits* to use as they like and helps with treatment costs and expenses not covered by health insurance.
  • Hospital Confinement Indemnity Insurance -- provides cash benefits to your employees* toward hospital costs that may not be covered.
  • Short-term Disability Insurance -- provides benefits (i.e., monthly amount that is a percentage of worker's gross income) for a set period of time while disabled.
  • Critical Illness Insurance -- provides help with treatment costs of a serious health event.
  • Dental Insurance -- provides benefits for a variety of services with no networks, deductibles, or pre-certification requirements.
  • Vision Insurance -- provides cash benefit once per year for eye exam and additional benefits for various impairments and procedures.
  • Cafeteria Plans -- reduces employees' taxable income thereby reducing employer share of FICA and FUTA taxes.
  • Life Insurance

 

*Unless otherwise assigned