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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. It’s a lifeline for pet owners.

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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. Pet care peace of mind : Pet insurance means you never have to choose between your pet's health and your wallet.

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Voluntary Benefits Demand Surges as Employees Seek to Defray Costs

InterWest Insurance Services

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. Arrangements will vary between employers. Premiums are often reasonable.

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16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Vision Insurance. Hospital insurance is health insurance for hospital costs. Life Insurance. Disability.

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Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

Dental insurance. Life insurance. Vision care. Accident insurance. Long-term and short-term disability insurance. Accidental death and dismemberment insurance. Critical illness insurance. Consider workshops, lunch & learns, brown-bag events and other forms of outreach.

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17 Items That Need To Be Included In Your Employee Handbook

Genesis HR Solutions

Life insurance: A life insurance policy is a contract with an insurance company. In exchange for premium payments, the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries upon the insured’s death. Dental, vision, and disability insurance.

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What is ancillary health insurance?

Higginbotham

Ancillary benefits can also include benefits outside your medical insurance, such as dental, vision, life and disability insurance. There are two main types of ancillary health insurance: voluntary benefits and employer contributory benefits. Examples of Ancillary Health Insurance. Vision Insurance.