Q. Why should I offer Workplace Voluntary Benefits?
Workplace Voluntary plans allow you to expand your benefits offerings at no cost to you. Plus, these plans offer valuable benefits to employees:
- Disability insurance can provide a stream of income to ensure monthly bills can be paid.
- Accident insurance can provide supplementary income or help cover copayments.
- Critical illness insurance may mean the difference between financial strain and being able to cover medical expenses.
- Workplace voluntary benefits are unique because the benefits are paid directly to the consumer. - No copayments are required to receive benefits, and benefits are paid in addition to any group health plan or supplemental plan in place.