| Voluntary
insurance or supplemental insurance is growing in popularity
among employers today. As the cost of medical insurance
increases for employers and their employees, more companies
are looking for other ways to enhance employee benefit
plans offered to their employees. Furthermore, 63% of
employees cite “the convenience of payroll deduction”
as a major reason to purchase voluntary benefits through
their employer, per MetLife’s 2005 Benefits Survey.
Other reasons to offer voluntary benefits include the
potential for group discounts and larger underwriting
limits for employees.
Benefit coverage can include a wide array of choices
that can include:
| Long Term Care insurance |
Pet insurance |
| Life insurance |
Car insurance |
| Disability income insurance |
Home Owner’s insurance |
| Hospital Indemnity |
Dental insurance |
| Critical illness insurance |
Vision plans |
At Hendrickson & Company, we can help you design
a voluntary benefit plan that specifically meets the
needs of your employees. We will provide all the various
options from multiple carriers and assist in the communication
and enrollment process. |
