Supplemental Voluntary InsuranceSmart and Affordable
Supplemental Voluntary Insurance
Supplemental Voluntary Insurance can add increased value to your benefits package. These plans can be set up as employee paid and can be added at little or no cost to the employer.
Studies have indicated an increased interest in these products. Coverages like accidental injury, heart attack and stroke, cancer, ID theft and pet insurance can be made available.
In a recent study, 81% of employees surveyed see a growing need for voluntary insurance benefits. Why may this interest be this high of a percentage? Major health insurance plans can leave gaps in coverage and leave policyholders exposed to increased deductibles, coinsurance, and copayments. Supplemental voluntary insurance can provide cash to help pay these and other unexpected costs.
Even if you are a one-person operation or have less than three employees, you can still take advantage of these products. Advancements in technology have made it possible to accomplish enrollments via phone and email.
If you are looking into supplemental voluntary insurance, please contact me with any questions you may have.
No one plans for an accident
Accidents can happen at any time and anywhere. If you work for a living and depend on your paycheck, can you afford to be unable to work due to an accident?
In a recent study, 65% of employees would be able to pay less than $1000 for out of pocket expenses if an unexpected serious illness or accident happened today. Ask yourself, if you had an unexpected illness or injury how would you be affected?
Cancer/Heart Attack & Stroke
There are startling statistics concerning Heart Attack & Stroke and Cancer.
Here are some recent facts. About every 34 seconds, someone suffers a heart attack and about every 40 seconds someone suffers a stroke.
Cancer will affect about one out every two men and about one in three women.
With this in mind, it’s important to to know there are supplemental voluntary insurance plans available to help with out of pocket costs associated with these conditions