While its difficult to discuss your eventual death with those you love, its imperative to plan for it, not only for your sake, but for theirs. Employers can offer several voluntary benefits to help make this end-of-life planning and transition easier for their employees and the loved ones they leave behind.
While most people understand the need for medical and dental insurance, the value of voluntary benefits is less understood. Thats why advisers should be selling them as financial protection, says one voluntary sales expert.
Employees who experienced negative interactions with their manager had a decreased sense of connection with their employer and were less motivated to return to work following a disability.
Millennials' lower net worth, combined with a mindset that a disabling condition will never happen to them, makes them ideal candidates for disability insurance.
A large part of the millennial population is still cooped up in their parents basements, but more are saying they are growing up by making more financial decisions following their first job. This blooming adult group, however, is missing out on the benefits of protecting their health through voluntary insurance, according to new survey findings from The Hartford.
Industry onlookers are saying that the voluntary exemption in the Affordable Care Act will do little to improve dental health across the nation as projections point to federal and health exchanges doing little to lower costs for Americans. However, can private dental exchanges and savings plans help to fill this void?
Employees fear the financial impact of a critical illness more than dying from one. Take advantage of the growing popularity of this voluntary benefit today.
Despite the best intentions of retirement plan sponsors, 24% of Americans report that they have borrowed against or took early distribution from their retirement plans in the past three years, according to recent data from Purchasing Power.
Its not hard to make a compelling case for the value of income replacement products in the voluntary benefits suite, but theyre still a low priority for many HR decision makers. A new federal caucus and some new employee-centered awareness might give disability insurance the focus it needs.
Assets in Order launches new voluntary product with online safety in mind.
BFE speaker says lots remain unknow about the ACAs effect on dental benefits.
Broker warns offering too many voluntary benefits can lead to decision paralysis.
The amount of coverage has fallen 35% since 2008 financial crisis.
Discount program providers pair up to increase their reach.
LIMRA survey shows Hispanics more concerned with their financial situation than the general U.S. population.