The main concept of group benefits is the spreading of risk across many people. This often reduces the cost per person for the coverage. Employers can leverage group benefits to turn a job into a career. Group benefits also can provide access to products that are guaranteed issue, which allow people a higher chance of gaining access to coverage.
Ancillary group benefits may be used to cover where the primary healthcare falls short. Some examples include: accident coverage, hospital indemnity, cancer or critical illness.
Provide financial security for your employees' families. Often available as a guaranteed issue benefit, ensuring all employees can gain coverage regardless of medical history.
Protect your team's income during unexpected illness or injury. Covers both short-term recovery (2-6 months) and long-term needs (up to retirement age), typically replacing up to 60% of wages.
401(k) Advisory and plan design to help employees invest for the future. We also specialize in Executive Bonus Plans and Deferred Compensation strategies to retain key leadership.
These are major medical plans. Health insurance is a type of insurance coverage that pays for health and medical expenses. Health insurance covers some or all of the costs of routine care, emergency care, and treatment for chronic illnesses.
This policy pays out upon injury. Coverage often includes: Hospital ER visits, urgent care, or chiropractor visits, etc. Used typically when someone has a primary healthcare program with high deductibles.
Triggers upon diagnosis of cancer. If you have a claim they are tax free lump-sums.