VOLUNTARY BENEFITS
The cost of company-paid benefits keeps rising dramatically and adversely affecting employers' bottom lines, yet competition for talent continues to demand further enhancement to existing benefit programs.
A Voluntary Benefits program directly addresses this issue and provides distinct advantages to both employers and employees. Voluntary Benefits are benefits that are offered at the workplace through employer groups, but paid for by employees through the convenience of payroll deduction. These are individual benefits offered at group benefit costs and are wholly owned by the employee – and therefore portable.
Employees choose among Voluntary Benefit options selected by the employer that compliment the core benefit offerings creating a customized package that provides flexibility to meet the specific needs of both the employer and employee. Voluntary Benefits can be enrolled with the group benefits during open enrollment or at a separate time. Voluntary Benefits can be enrolled electronically and help fund a conversion to a BSI's Employee Benefits Automation software solution.
BSI provides a variety of Voluntary Benefits programs from a host of excellent providers, so you can choose the ones that meet the needs of your industry and employees:
Voluntary benefits
Partial Listing:
Dental Insurance
Vision Insurance
Disability Income Protection
Whole Life Insurance
Universal Life Insurance
Term and Supplemental Term Life Insurance
Cancer Insurance
Critical Illness Insurance
Long Term Care
Health Indemnity Coverage
Accident Insurance
Identity Theft Insurance
Legal Plans
Pet Insurance
Providers
Partial Listing:
BOSTON MUTUAL
TRANSAMERICA WORKSITE
ALLSTATE BENEFITS
LINCOLN FINANCIAL
AFLAC
TEXAS LIFE
CHUBB
AMERITAS
ASSURITY
MASS MUTUAL
MUTUAL OF OMAHA
NATIONWIDE
MET LIFE
