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The Employee Benefit Dilemma:
Providing benefits for your employees while keeping costs under control.
The Answer:
Voluntary Benefits for Your Employees
Our programs are designed to complement existing employer provided benefits. With flexible plan designs, employees will have an opportunity to provide practical coverage for their own and their family’s additional insurance needs at an affordable cost.
Providing employee benefits, even at a modest level, can comprise a significant portion of a company’s total compensation budget. Even if budgets were unlimited, the traditional one-size-fits-all approach of delivering group insurance benefits is not cost effective. Voluntary employee benefits allow your employees to customize benefits to fit their individual and family needs without burdening your business with additional costs.
Workers seeking to purchase insurance have traditionally experienced barriers including:
High cost products
High minimum death benefit or premium requirements
Sales pressure from individual agent
Dual income families who do not have or do not want to take the time to see an individual agent at their home
Limited access to quality programs
Voluntary products, therefore, are a “win / win” program for employers and employees.
Employers receive:
A value-added benefit package with no direct cost
Increased goodwill and morale
No adverse group conversion fees
Non-qualified Voluntary products require no government mandated paperwork
Offering a more attractive benefit package may increase employee retention
Employees find voluntary benefit’s especially advantageous because the products are:
Portable
Flexible – each consumer designs a program right for his / her situation
Group discounted
Offered for stand-alone employee, spouse and child coverage
Available through streamlined and prompt underwriting – most applicants qualify on the basis of one or two simple questions
Paid through convenient payroll deductions
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