Protection for the Unexpected
We never know what life will throw our way. But employees can prepare for the unexpected with employee benefits like disability, life, and supplemental health insurance solutions that can work together to help provide them with financial protection they need.
Employer-Paid Insurance
How employers can help employees protect their future.
Short-term and long-term disability insurance are two simple, but important, ways for employees to protect their future if an accident or illness leaves them disabled. And basic term life insurance can help provide peace of mind for their families if the unimaginable happens.
These benefits can work to create a financial protection package that can help retain top talent by providing the benefits employees need to be at their best.
Group Supplemental Health & Disability Insurance
Help for when employees need it most.
As major medical insurance rates continue to rise, employers are struggling to design healthcare plans that meet the increasing demands for comprehensive coverage at a reasonable cost.
Supplemental health insurance is designed to complement employers’ major medical plans. It can potentially decrease employer costs while helping employees cover the out-of-pocket medical expenses their major medical insurance won’t — such as copays, coinsurance, and deductibles.
Group Supplemental Life Insurance
Flexible protection for employees.
Universal life is a type of permanent life insurance that is designed to provide coverage in the event of death. It can also include a cash value component that employees can borrow from. Term life insurance provides coverage for a set period of time, and can feature benefits like portability, so employees can keep it if they switch jobs or retire.
Whole life insurance can provide a death benefit that can be used for final expenses, college tuition or living expenses for beneficiaries, or to provide an inheritance. Some policies may also build cash value, which employees can borrow against if they need.