Employee Benefits
Worksite Products
In today’s environment, many families are discovering that standard health insurance is only one piece of the puzzle.
Worksite Insurance—also known as supplemental or voluntary benefits—acts as a financial safety net by paying cash directly to the employee to help cover the “hidden costs” of an illness or injury that a regular medical plan might not touch.
Available to most businesses with at least one full-time employee, these plans are cost-effective because they leverage group rates. We work with top providers to help you customize a package that protects your employees’ paycheck and peace of mind.
How Worksite Insurance Protects Employees (With Examples)
Because these policies pay cash benefits directly to the policyholder, they provide flexibility that traditional insurance cannot. Here’s how they work in real-world scenarios:
- Accident Insurance:
If you break a leg or suffer a concussion, this plan pays a set amount for things like ER visits, X-rays, or physical therapy.Example: You can use the cash payout to cover a $3,000 medical deductible or pay for a rental car while you recover.
- Critical Illness Insurance:
Provides a lump-sum payment upon the diagnosis of a serious condition like a heart attack, stroke, or cancer.Example: After a diagnosis, you receive a $10,000 check that can help pay your mortgage and utilities while you take time off work for treatment.
- Hospital Indemnity:
Pays a daily cash benefit for every day you are confined to a hospital bed.Example: If a sudden illness requires a three-day stay, the plan pays you directly for each day—helping cover income you lost by not being at work.
- Short-Term Disability:
Protects your most valuable asset—your ability to earn an income—by replacing a portion of your salary if you are unable to work due to a covered illness or injury.
The Strategic Advantages
- Tax Savings:
Premiums are often paid with pre-tax dollars, lowering taxable income. For employers, this can reduce payroll taxes and is often 100% tax-deductible. - Portability:
Many plans are portable, meaning if an employee leaves their job, they can often take coverage with them at the same low group rate. - No Medical Exams:
Most plans offer guaranteed issue, allowing employees to secure coverage regardless of past medical history.
Why Work With Our Licensed Agents?
The world of supplemental insurance has grown complex. Working with our agency gives you a distinct advantage:
- More Choices: We shop a variety of carriers to find strong coverage and competitive premiums for your situation.
- Customized Comparisons: We show how these plans fill gaps in your current health plan so you’re not paying for “extra” coverage you don’t need.
- Zero Extra Cost: You get the benefit of our expertise and personal service without paying more than the standard premium.
Don’t let a medical emergency become a financial one.
Let us help you build a personalized shield for your employees’ finances. Call us today to explore our worksite, life, dental, and vision insurance options.
Start my quote