Group Benefits
Voluntary & Worksite Benefits
Coverage employees elect and pay for themselves, at group rates, through payroll. Costs the company little beyond the payroll setup.
What is usually offered
- Accident. Pays a set amount for covered injuries and the treatment that follows — emergency room, imaging, stitches, a broken bone. Popular where people have active families.
- Critical illness. Pays a lump sum on diagnosis of a covered condition such as heart attack, stroke, or certain cancers. The money is paid to the employee to use however they need.
- Voluntary life and supplemental disability. Employee elected amounts above whatever the company provides.
These are supplemental products. They pay cash on top of health insurance rather than replacing it, and they are meant to soften deductibles, copays, and the ordinary costs of being out of work.
What to look at before adding one
- Pre‑existing condition limitations and any waiting period
- Exactly which events and conditions are covered, and at what amount
- Whether coverage can be kept if the employee leaves
- Whether the enrollment can realistically be explained to your staff in the time you have
Where these fit best
A company that moved to a higher deductible health plan to hold premiums down, and wants to give people a way to cover the gap without adding to the benefits budget. That is the situation these products were built for.
Want to add a benefit without adding to the budget?
Voluntary coverage is the usual answer. We will tell you honestly whether your group is big enough for it to work.
By calling this number, you will be connected with a licensed insurance agent who can answer questions about the plans we offer. There is no cost or obligation to talk. Or email Bill@imagineins.com.