Voluntary Benefits

90% of middle-income American families aren’t confident they have enough savings to cover family emergencies.³

Encompassing offerings from dental and vision to critical illness, supplemental medical benefits provide important coverage and soften the financial and emotional impacts of a critical illness or unexpected medical event. Supplemental medical benefits may include:

• Dental
• Vision
• Critical Illness
• Hospital Indemnity
• Accident Insurance

Approximately 62% of Americans have less than $1,000 in their savings accounts.⁴

Group insurance and disability benefits incorporate a wide range of life and disability coverage solutions to offer employees financial protection during times when they and their families need it the most. Companies offer benefits including:

• Group Home and Auto
• Pet Insurance
• Long-Term Care Insurance
• Life Insurance
• ID Theft Protection
• Disability Insurance
• Legal Services

50%-90% of key employees could lose their income if they rely solely on group disability.⁵

Highly compensated employees are often unintentionally exposed to risk from group insurance and disability benefits that contain caps or do not include supplemental income such as bonus. Executive benefits can offer an additional layer of protection for this key employee group.

1/3 of US employees admit to missing at least one day of work in the past year due to financial stress.⁶

Millennials have entered the workforce en masse—and with record levels of student loan debt. Loan repayment benefits are quickly going from a nice option to a must-have for employers. In fact, these benefits can play a large role in recruitment and retention efforts.

49% of employees aren’t able to make major purchases of items they need.⁷

Employees gain collective purchasing power for everything from computers to theater tickets when companies offer these benefits with group discount solutions:

• Online Discount Program
• Employee Purchase Program