What are the most common benefits offered to employees?

Health Care Insurance. Disability Insurance. Life Insurance. Retirement / Pension Plans. Flexible Compensation. Paid Leave. Vision Dental

What is voluntary accident insurance?

Voluntary Accident Insurance. Voluntary Accident Insurance coverage is an optional coverage that provides you (and your eligible dependents, if you enroll in the Family Plan) with insurance protection in case of accidental loss of life, dismemberment or paralysis, 24-hours a day, 365 days a. year, anywhere in the world…

What is voluntary critical illness insurance?

Critical illness insurance, otherwise known as critical illness cover or a dread disease policy, is an insurance product in which the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list as part of an insurance policy …

What is voluntary hospital indemnity?

A voluntary hospital indemnity insurance policy is one of many plans employers can make available to help workers cope with costs associated with a hospital stay. These policies help cover costs major medical does not pay.

What are voluntary benefits?

Voluntary plans are 100% paid by the employee (though employers are able to contribute, too). Employees can choose which voluntary plans are best for their own situation. Some voluntary plans pay cash benefits directly to employees to cover living expenses, lost wages, copayments and deductibles. Other plans include disability insurance, life insurance, vision insurance, dental […]

Should I Buy Child Life Insurance?

According to research from the American Council of Life Insurers, only about 15 percent of people under the age of 18 have a life insurance policy. For those that have one the average amount is typically small and often just enough to provide the benefit of covering final expenses.1American Council of Life Insurers Research Study, […]

What is a Child rider?

A child rider is purchased as part of a parent or guardian’s term life insurance policy. Children under the age of 17 are eligible for rider coverage that will protect them until the age of 25.Aug 29, 2012

What is Child Life Insurance?

Child life insurance is a form of permanent life insurance that insures the life of a minor. It is usually purchased to protect a family against the sudden and unexpected costs of a child’s funeral or burial and to secure inexpensive and guaranteedinsurance for the lifetime of the child.

Can I pre-pay for my funeral?

You certainly can, and some people do. This approach has advantages and disadvantages. When you pre-pay for your funeral, you get to personalize it to your taste. You can grill different funeral directors until you find one you love. You can pick out the perfect casket and the choicest plot in the cemetery. Another advantage […]

What is a preneed insurance?

Preneed life insurance is an insurance policy whose benefits cover the cost of the predetermined expenses of a funeral, cremation or burial. The expenses typically include standard funeral home services, funeral merchandise, church services and even burial services and merchandise.

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