Voluntary Benefits
What are voluntary benefit plans?
Available to employees as a “voluntary” option through an employer-sponsored plan. Employees who decide to purchase these products usually pay 100% of the premium through regular payroll deductions.
A 2005 study by LIMRA International found that more than 60% of 2,000 employees surveyed consider the availability of voluntary or supplemental benefit options at least somewhat important. The driving factors behind these purchases were convenience of payroll deduction and price.
We can assist you with implementing several voluntary benefits:
- Dental
- Life Insurance/AD&D
- Short Term Disability
- Long Term Disability
- Travel Accident
