Below are just a few of the advantages an employee will realize by participating in a voluntary insurance and employee benefit plan:

1) Provide pre-screened companies and counseling services:
Voluntary plans give the employee the benefit of individual insurance counseling on the job.

Voluntary plans also allow the employee an opportunity to participate in a program from an agent and company that has been pre-screened by the employer, thereby relinquishing them of the need to acquire insurance on their own.

2) Guarantee coverage:
Voluntary plans are normally more liberally underwritten and in many cases guaranteed issue.

3) Expand benefit options:
Voluntary plans allow employees to choose from a unique array of benefits that will provide the coverage they and their families need.

Voluntary plans supplement existing benefits and fill unprotected gaps, thereby expanding the employee’s coverage needs.

4) Increase convenience & flexibility:
Voluntary plans are convenient for the employee because the premium is automatically deducted from the paycheck, freeing the employee from having to write checks, pay postage, worry about missed premium statements, or have to pay a larger premium payment every month (premiums can be deducted on a weekly, biweekly or monthly basis, thereby allowing the insured to make smaller, installment payments on their premium payments).
Voluntary plans are flexible, the employee decides whether to participate, who to insure and which benefits to select.
Most voluntary employee benefit plans are portable (and the insured is fully vested in their benefits), giving the employee the option of continuing his/her coverage if they leave the business.

To inquire about offering a group voluntary plan to your employees or to find out more information please contact one of our benefit specialists.

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