Voluntary Benefits Demand Surges as Employees Seek to Defray Costs
InterWest Insurance Services
JULY 18, 2024
According to the report, in 2023: Group term life insurance premiums increased 10% from the 2022 level. Group universal life and whole life were up 9%. Critical illness insurance premiums were up 7%. Hospital indemnity premiums were 6% higher. Dental coverage was up 5%.
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