Group Benefits
Group Dental & Vision
Due to the increasing cost of health insurance, many employers are scaling back their contributions toward previously subsidized benefits, such as dental and vision coverage. Voluntary dental coverage has been shown to represent one of the most valued options an employer can provide, with a participation rate averaging well over 50%. Employees also value stand-alone voluntary vision plans. These plans cover exams and provide eyewear discounts.
Group Life
Basic Term Life
One year renewable group term life insurance that provides a scheduled benefit or multiple of earnings amount to an employees beneficiary in the event of the employee's death.
Supplemental Term Life
Offers employees the opportunity to buy flexible amounts of life insurance at group rates. This option allows each individual to meet his/her need for additional amounts of insurance at little or no cost to the employer.
Dependent Term Life
As an enhancement to our Basic Term Life plan, we offer Dependent Life insurance for employees who wish to purchase term life insurance for their spouses and/or children at group rates.
Accidental Death and Dismemberment (AD&D)
AD&D insurance provides 24-hour-a-day, 365-day-a-year coverage for your employees in the event of severe injuries, paralysis or death resulting from accidents on or off the job.
Disability Insurance
If you became sick or hurt and couldn’t work, how would you pay your bills? How would you maintain your living standard? If you’re like most people, your ability to get up each day and earn an income is one of your most valuable assets. Furthermore, your chances of becoming disabled at some time during your working career are probably higher than you would expect.
Disability insurance can replace a portion of your income when you are unable to work because of injury or illness. There are two major types of disability coverage:
Short-Term Disability
Short term disability provides an income for the early part of a disability. A policy may pay benefits for two weeks up to two years. Short-term disability is often included as part of an employee benefits package.
Long-Term Disability
Long term disability helps replace income for an extended period of time, usually ending after five years or when the disabled person turns 65. Some people have long term disability insurance provided by their employers; others purchase it individually.
Some policies include a rehabilitation benefit that pays some or all of the cost of a course of occupational rehabilitation approved by the insurer. Keep in mind that many policies will not cover disabilities caused by suicide attempts, drug abuse, war, or attempts to commit a crime. Pre-existing conditions are also frequently excluded.
Visit the Council for Disability Awareness web site.