Supplemental/Voluntary Employee Benefits

Many employers are strapped for premium dollars to provide employee benefits. Although the employees would like disability or dental insurance no money is available for such additional benefits.

Other employers offer a wealth of benefits but want to make more available for employees to further supplement benefits.

Supplemental/Voluntary Employee Benefits are a viable option in both of the above two cases. From an employer's point of view, the concept of offering supplemental/voluntary insurance products that require no minimum participation, fills the gap in benefits or enhances benefits while controlling the employer's benefit costs.

Supplemental/Voluntary Employee Benefits become an opportunity for the employee to have access to insurance products at group rates and group streamlined underwriting. The employer makes available such benefits with the only cost incurred being the set up and maintenance of the payroll deduction (minimal cost).

From the employee's point of view, when health insurance premiums are payroll deducted, most premiums will be paid pre-tax via section 125 of the internal revenue code.

Futher, the supplemental/voluntary benefits are paid in addition to other coverages and can help offset the non-medical costs incurred by a family during a medical procedure.

Some of the supplemental/voluntary products available are:

• Accident Insurance
• Cancer Insurance
• Critical Illness
• Dental Insurance
• Disability Insurance
• Hospital Indemnity Insurance
• Term Life Insurance
• Universal Life Insurance

Ask for a request for proposals and section 125 plan by emailing us or calling at (800) 868-5242.