You, the Employer, can offer your employees a wide range of benefits tailored to each employee's individual needs ar NO cost to you the business owner. Some benefits may be offered on a pre-tax basis, saving you and your employees money.
Why Supplemental Benefits are Important:
Each individual’s lifestyle and needs are different from the next person’s. Our personal insurance products offer a broad range of benefit options for employers and employees, and many can help combat the rising costs of health care.
DISABILITY - Your employees depend on their income to pay for housing, food, clothing, their children's education – all the necessities of life. For most employees, a disability means not only difficulty meeting these financial obligations but also increased out-of-pocket medical costs. Colonial Life offers a variety of affordable employee-paid disability income options to meet your company's and your employees' needs.
Every employer knows that employee absences cost money. An absence management strategy can substantially reduce those costs, and an important component of effective absence management is the income protection you offer your valued employees. As a concerned employer, you want to offer the protection your employees need without hurting your bottom line. With Colonial Life's personal disability insurance options, you can manage employee absence while offering the security they need in the event of a disability. Colonial Life's individual Cancer Insurance pays lump-sum benefits that can help employees pay out-of-pocket expenses resulting from cancer treatment. Just as importantly, this product also pays an annual cancer-screening tests/wellness benefit to encourage employees to have regular screenings, improving their chance of survival if they do develop cancer. And you can select from several levels and plan options to help meet the needs of a diverse employee base. Round out your employees' benefits package with individual Critical Illness Insurance plans that complement major medical coverage by helping employees pay the direct and indirect costs associated with a specified critical illness. An annual health screening benefit is also available with this product. Colonial Life's Critical Illness product does not require the insured to survive a designated period prior to paying the lump-sum benefits. Employers need an affordable solution to protect employees, stay competitive in attracting and retaining quality workers, and remain profitable. Employees need more benefits choices than ever before. Colonial Life's Hospital Confinement Indemnity products can provide your employees the benefits they need without hurting your organization's bottom line. And if you have or are considering a Health Savings Account (HSA) Colonial Life has plans that are HSA-compliant which can help you and your employees stretch benefit dollars, at no direct cost to you. You can't stop medical costs from rising. You can't prevent gaps in coverage from occurring. You can help employees manage those costs and cover those gaps by providing them with additional protection to help them in the areas where they need it the most.
ACCIDENT - guaranteed renewable accident insurance provides lump-sum indemnity benefits for accidents. Employees can choose coverage for on- and off-the-job or off-the-job-only accidents. Employees have a choice of family coverage or stand-alone coverage for themselves, their spouse or dependent children. Features include the same benefits for employee, spouse and dependent children, worldwide coverage and portability. Optional riders, such as disability income, are available at an additional cost for the employee or spouse. An advantage of the disability income rider is that it can cover a spouse who may not have disability coverage through an employer.
CANCER & CRITICAL ILLNESS - Medical advances have resulted in increased survival rates for specified disease. But with these advances come increased health care costs. Lengthy, expensive recovery periods can mean the loss of personal wages and an employee's ability to pay for care and treatment. Even with the most generous employer-provided medical and disability insurance plans, workers need additional resources to help meet their financial needs.
HOSPITAL CONFINEMENT INSURANCE- Health insurance costs are rising. Your premiums are rising. And unfortunaely, when it comes to their health insurance, you must now offer your employees less value for their money.
2117 Buffalo Rd #274
Rochester, NY 14624
585-880-8156
585-815-1658 - Fax
info@AhrensBenefitsCo.com
