Employee Life Insurance
One of the most requested employee insurance benefits after health insurance is life insurance. Employees appreciate the ease with which they can get a life insurance policy to protect their families. Employers offering life insurance policies as part of their benefits package have a higher employee retention rate because the employees want this benefit.
Employers can offer to pay for a minimal policy as part of the benefits package they offer. This usually amounts to the equivalent of one year's pay. Employers can also offer their employees the chance to increase the value of their policy by contributing to the cost each pay. Employees can get a larger policy for very little cost each week.
Employees can also purchase life insurance for their spouse or their children. The employee would pay these policies each pay from a direct withdrawal. These policies offer your employee a way to get life insurance for their family with premium coverage at an affordable price.
When purchasing life insurance through a group policy, employees enjoy lower rates for their insurance coverage. Most companies will not require health exams to qualify for the coverage, making it more attractive for employees and their families to take advantage of this benefit.
Employee Benefits Include Insurance Products For A Reason
No one likes to feel that they will face financial hardships if something happens to them. Additionally, no one wants to leave their family in a financial mess if something happens to them. When you offer a variety of insurance products as part of your benefits package, you are giving your employees the security they want for themselves and their families.
In addition to health insurance, you can offer life insurance, accidental death and dismemberment, critical illness policies, and short and long-term disability coverage. Each of these policies provides a specific type of coverage that will protect your employees and their families in their time of need.
Many of these policies will also transfer to private insurance policies if your employee leaves your company. If you want to offer this type of policy as part of yoru insurance program, speak with Truckers Insured.
Truckers Insured Offers All Types Of Insurance Products
Truckers Insured was first established to provide truckers, and trucking companies access to quality insurance products at affordable prices. We have worked in the trucking industry, helping independent drivers and truck companies find the right policies to operate their businesses confidently.
Our clients asked if we could also provide other types of insurance. Buying all the policies, they needed from one place was convenient. It made sense, and Truckers Insured has expanded to include many other types of insurance.
If you are looking for personal policies, business insurance, or employee benefit insurance packages, Truckers Insured can help. We work with several companies, so we can always find you the right coverage at the right price.
If you are interested in putting together an employee benefits package or need any other type of insurance, you are encouraged to contact Truckers Insured.