Group Voluntary Benefits

Group Voluntary Benefits Provided By Our Agency

Voluntary benefits allow employers to offer more extensive coverage without added costs, which helps them save on taxes and draw in talent.

What is Group Voluntary Benefits?

Sometimes called supplemental insurance or employee-paid benefits, the employer offers voluntary benefits through the workplace. Employees can choose to buy them in addition to the core employee benefits they may get as part of a benefits package.

Payment options are typically flexible. To suit their budget, companies can choose whether voluntary employee benefits are:

Fully employee-funded
Part-funded by both employee and employer

What options does Group Voluntary benefits include?

Dental, Vision, Short-Term Disability Insurance, Long-Term Disability Insurance, Accident Insurance, Critical Illness/Cancer, Hospital, Indemnity, Telehealth, Long-Term Care, and Worksite Wellness are some benefits covered under Group Voluntary Benefits.

Advantages of Group Voluntary benefits

Many voluntary benefits can be added to an employer’s offering at little to no cost because many employees today are willing to pay for the coverage themselves through salary-deferred contributions. Employers who offer in-demand supplemental benefits see:

An increase in workforce productivity
An increase in the talent pool available to them when they are looking to fill open positions
A decrease in the amount of employee churn over time

Did you know that 92 percent of U.S. employers believe voluntary benefits and services will be necessary to their employee value proposition over the next three to five years?

While deciding on the voluntary benefits, you must map the coverages to different needs your employees have. Talk to us, and we can help you design the right Group Voluntary Benefits plan.

Already have Group Voluntary Benefits? Switching is easy

It might be time to switch insurers whenever the service that your existing insurer provides doesn’t meet your needs. For example, if you have a poor claims experience or an unexplained rate increase, it might be time to consider other options

If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems.