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The pros and cons of term life insurance vs. permanent life insurance

Higginbotham

One of the first and most important responsibilities embraced by every breadwinner is life insurance. Should they lose your support, life insurance will immediately pay your beneficiary the cash value of the life insurance policy, with no taxes owed, providing a lifeline to resolve debts and pay living expenses.

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The benefits of group life insurance for employers and employees

Higginbotham

Group life insurance is a type of life insurance policy that covers an affiliated group of individuals, typically the employees of a company or the members of an organization, who can be covered under a single master contract. What is group life insurance? What is group life insurance?

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Are Your Benefits Enough to See Employees Through a Crisis?

InterWest Insurance Services

Over 80% of middle-market respondents report that they got their health insurance, disability insurance and retirement plan all through their employer. Meanwhile, six in 10 have no life insurance in place outside of the workplace. Are life insurance benefits adequate? To learn more, call us.

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4 considerations when choosing employee benefits for the first time

WEX Inc.

Funds you or your employer contribute to your HSA can help with this. FSAs are employer-owned, meaning you may lose the funds if you change job or health plans. LSAs are becoming more popular as employers recognize the importance of holistic well-being. Assess your ability to cover the deductible before choosing this plan.

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Voluntary benefits: A guide for your first-time enrollees

WEX Inc.

Here are some prime examples: Supplemental life insurance : This benefit allows you to bolster your life insurance coverage, ensuring your loved ones are well taken care of in case of the unexpected. They can genuinely improve your quality of life. Voluntary benefits are typically tied to your current employer.

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The Financial Costs of Being Unvaccinated

Money Talk

It drives many of my everyday decisions like sitting outside at restaurants in 90 degree Florida weather (“I’d rather sweat than die”), events that I choose not to attend, and interactions with other people. Loss of a Job - Employers are starting to wield “sticks” instead of dangle “carrots” to get their workforce vaccinated.

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Voluntary Benefits Demand Surges as Employees Seek to Defray Costs

InterWest Insurance Services

Sales of voluntary group benefits grew at a record pace in 2023 as more employers expand their offerings and demand continues booming as employees seek out benefits that can defray costs, according to new research. Premiums collected for employer-sponsored voluntary benefits jumped 6.7% Group universal life and whole life were up 9%.