Because your employees want them, they reduce your tax liability, they help you attract and retain top talent, and they cost you nothing!
Adding Voluntary Benefits to your program is simple with World. We can easily add your voluntary choices at renewal via open enrollment - or we can implement them off cycle as a stand-alone offering. Either way, the advantages for you and your employees are all upside!
Choosing from two leading carriers that we have vetted and three valuable benefits that promote wellbeing and provide benefit payouts the insured can use however they want.
Critical Illness: pays a lump sum to the insured while they recover from certain illnesses; employees may opt to enroll their spouse and child(ren).
Accident Insurance: pays a lump sum to an insured that suffers a covered accidental injury; it covers the employee and their family.
Hospital Indemnity: pays benefits directly to a hospitalized insured, based on admission and days hospitalized; this plan is HSA compatible.
This Update is not intended to be exhaustive, nor should any discussion or opinion be construed as legal advice. Readers should contact legal counsel for legal advice. All rights reserved.