Of the group benefit plans an employer offers, health insurance is the most critical. Group health insurance plans typically cost less for its participants than individual plans, while offering the same benefits.
A group dental insurance plan protects employees from dental costs, including the expense of treatment and care of dental disease and accident to teeth.
A group vision insurance plan provides financial protection for policyholders paying a monthly fee in exchange for reduced-cost fee towards eye health and vision correction services and products.
Group life insurance plans are offered by an employer or large-scale entity (i.e. associations or labor organizations) to its workers or members as a piece of a larger employer or membership benefit package.
Accidental Death and Dismemberment (AD&D) is a benefits policy that pays out its beneficiaries in the event of death or dismemberment due to an accident.
Short-Term Disability (STD) is a supplemental insurance policy in which its participating members can be covered in the event of temporary disability (i.e. maternity leave) due to a non-work related sickness or injury.
Long-Term Disability (LTD) is a supplemental insurance policy in which its participating members can be covered in the event an employee is unable to work due to illness, injury or accident for a long period of time (taking effect after the STD period defined in the plan policy, these plans do not overlap).
Long-Term Care (LTC) is a supplemental insurance policy in which its participating members can receive assistance in their retirement age.
An Employee Assistance Program (EAP) is a voluntary, work-based program that offers free and confidential assessments, short-term counseling, referrals, and follow-up services to employees who have personal and/or work-related problems.
Travel Insurance can be offered to groups of 10 or more. Travel insurance is highly customizable to each individual and members can be added and removed from the plan easily.
Pet Insurance provides its members with coverage for veterinary treatment.
A Cafeteria Plan is an employee benefits program that takes advantage of Section 125 of the Internal Revenue Code. This includes Premium Only Plans and Flexible Spending Accounts (FSA).
Legal Services plays a key role in all business activities. With Legal Services, clients can access legal counsel and advice from qualified lawyers to consult on routine business law matters.
The Consolidated Omnibus Budget Reconciliation Act (COBRA) is a federal law that helps qualified beneficiaries to continue the same healthcare coverage employees had the day before they experienced a qualifying event.
A Qualified Retirement Plan is a financial arrangement designed to replace employment income upon retirement. These plans may be set up by employers, insurance companies, trade unions, the government, or other institutions.