We offer a rich variety of Voluntary Benefits to help your employees manage rising healthcare cost and risk. Employees can purchase voluntary benefits at reduced group rates through pre-taxed payroll deductions. We can help your employees get the additional voluntary employee benefits coverage they want or need—at no cost or hassle to your company. Following are examples of our Voluntary Products offered to your employees:
Life – Term and Permanent (Cash Value) Life Insurance
Accident Insurance – Offers different benefit level choices to fit your employee’s needs and budget, and provides cash benefits in addition to regular health insurance and/or disability insurance, in the case of an accidental injury.
Disability – Provides your employees with an option to purchase additional disability coverage to supplement their employer provided coverage.
Long-Term Care – Whether an employer sponsored benefit or on a voluntary basis, Long-Term Care insurance goes a long way to help protect your employees’ financial future and well-being.
Dental & Vision – Dental and vision benefits are one of the most requested health benefits from employees, behind major medical and life insurance. Yet with rising premiums, many employers are challenged to keep them in the traditional benefit offering. Studies show that offering voluntary Dental and Vision is a perfect way to help employers off-set these costs pressures, while promoting good health for their employees and ensuring employee satisfaction.
Critical Illness – Surviving a critical illness is very common with the advances in modern medical technology. Critical Illness Insurance pays a cash benefit directly to your employees, which can be used to help reduce the personal financial impact of fighting a critical illness and keeping up with everyday bills through that process.
Hospital Indemnity – This plan will pay a lump-sum payment directly to the insured which can help your employees with out-of-pocket expenses and everyday bills when they are off work due to a hospital stay. The coverage is usually a set amount per day, per week, per month, or per visit depending on the benefit level selected.
Gap – Gap insurance provides benefits that supplement a major medical and comprehensive benefit package. It works by paying a significant amount of the deductible on a major medical plan. More specifically, the additional benefits help to cover out-of-pocket expenses related to coinsurance, co-pays and deductibles for inpatient and outpatient services. For example, if your employees have a $5,000 deductible on their major medical coverage, gap coverage could pay up to $4,000 of that deductible.
Final Expense – This type of life insurance has a much lower face value than traditional term insurance because it is intended to only cover costs related to a person’s final expenses. Therefore, these policies can often be purchased by your employees at a low or reasonable premium.
For more information, please call 713-957-8100 or request a Group Quote above.
