The most common voluntary insurance plans complement your health coverage, and help provide additional financial confidence when you’re sick or injured.
Dental insurance typically covers some of the costs you pay every time you visit the dentist, such as cleanings or repairing cavities. It can help you pay less for extensive dental work or oral surgery.
Dental benefits. Why it makes sense to stay in network.
Vision insurance helps cover routine visits to the optometrist for eye exams, as well as the cost of glasses and contacts, which may not be covered under a typical health insurance plan. It can help you care for your vision without racking up huge bills.
Vision benefits. Helping employees see a real difference.
There are two main types of disability insurance: short-term and long-term. Both types of plans are intended to help replace a portion of your income in case you become too ill or injured to work. Short-term disability insurance typically covers benefits for a period of up to 3-6 months, and long-term disability insurance may pay benefits for a period of five, 10, or 20 years—or even until you reach retirement age, depending on the plan.
Short Term Disability insurance. Can you plan ahead for the good stuff too?
Long Term Disability insurance. When should you start thinking about it?
There are several types of life insurance, but every policy is primarily intended to pay benefits to your beneficiaries in the event of your untimely death. Offering life insurance as a voluntary benefit can help provide financial confidence to employees whose loved ones depend on their income.
Life insurance. Why you’re never too young to start planning ahead.
The following voluntary benefits are also referred to as supplemental health insurance plans. These insurance plans can further complement your health plan by providing payouts to help offset unexpected and large expenses that medical insurance may not cover:
Accident insurance helps cover any extra, out-of-pocket expenses not covered by health insurance that you might face if they’re injured in an accident.
Accident insurance. Is it really worth it?
Like accident insurance, cancer insurance helps cover out-of-pocket expenses that aren’t covered by health insurance. If you are diagnosed with cancer, this coverage can help ease the financial impact of treatment.
Critical illness insurance offers similar coverage if you become very ill or suffer a serious medical problem, like a heart attack or stroke.
Critical illness insurance. Getting you back to where you were.
If you are hospitalized, hospital indemnity insurance can help cover the costs associated with the stay. This insurance can be especially valuable if your health plan has high deductibles and copays, you’ll need assistance with childcare, or might need to travel far from home to receive medical care.
What’s hospital indemnity insurance? And who needs it?