• helps protect your employees and their families,
• protects your business should you become disabled or deceased,
• bridges the gap if one of your key employees becomes incapacitated or deceased, 
• provides the necessary cash flow to keep your business running until another key employee is identified or a buyer is obtained.
• is essential for attracting new employees and retaining existing employees.

You may be concerned about the rising cost of insurance.  Many Companies are now sharing the costs with their employees.  This benefits the employee because they are able to purchase coverage at a lower rate than if they bought an individual plan, and the Employer doesn't have to carry the full financial burden.

 

 

Remember there is more than just health benefits you will wan to consider.  Group life and disability plans are far less expensive and depending on your company’s size they can offer a wide range of plan designs. Offering these other benefits makes for a well rounded benefit package and often doesn't cost the Company much.  In addition, voluntary benefit programs allow employees to purchase or increase their benefits often through automatic payroll deduction with no additional expense to the Company.  Just offering these plans can be a huge selling point for employees looking to join your remain at your Company.  For example, why not offer a modest Life Coverage plan and allow employees the ability to purchase more at their own expense?  Or offer a 529 Savings Plan that cost the Company nothing, and save the employee up to 5.25% and the time of researching it independently.