Did you know that you can enhance your employee benefits package with little or no cost to your business? Are your employees asking for additional fringe benefits? Some want vision, others are asking for dental, life, disability or accident coverage's and at a time when you are already seeing double digit increases in your health insurance premium. There is a way to accommodate them and enhance your benefit package at little or no cost to your business. Voluntary benefits allow employees to purchase the type of ancillary benefits that are important to them.
An article in National Underwriter magazine reported that 66 percent of employees surveyed said that voluntary benefits are a good idea due to their value and convenience.
Employees appreciate voluntary benefits because they give them the ability to purchase individual products at group prices. Employees also enjoy the convenience of payroll deductions and not having to hassle with shopping around for their own individual coverages.
There are a number of different voluntary benefit products to meet your employees. The list includes:
- Voluntary Life
- Voluntary Disability
- Voluntary Dental
- Voluntary Vision
- Critical Illness Insurance
- Accident Insurance
- Cancer Insurance
- Long-Term Care Insurance
- And More...
Not sure which voluntary benefit products would best enhance your overall benefits package? Give us a call at The Hancock Group, Inc. We will be happy to help you design, implement and maintain a voluntary benefits package.