Here are some of the trendiest and most important voluntary benefits that employees are looking for from their employers.
When it comes to employee benefits, voluntary benefits are typically front and center of the conversation. In fact, employers who offer voluntary or supplemental benefits to their employees tend to see a lot more happiness and overall productivity in the office. With employees looking for employers to provide for more than simply their health insurance, employers are taking notice and amping up the benefits options given to their employees. Here are some of the trendiest and most important voluntary benefits that employees are looking for from their employers.
Accident Insurance
To win the battle of employees’ attention- giving them the option of having accident insurance can be your best way of getting the attention you are searching for. In fact, when it comes to accident insurance, it typically serves as a complement to short-term and long-term disability insurance. Accident insurance supplements both types of insurance and can also provide an additional safety measure is and when an accident happens. For the most part, employee accidents are quite common. These type of sudden accidents can be traumatic and financially a huge burden. By having accident insurance, employees are able to help protect themselves and their loved ones when an accident occurs.
Life Insurance
There are different types of life insurance plans out there. From whole life insurance policies to universal life insurance plans, the options are out there. In fact, employees can get customizable life insurance plans that fit their lifestyle and their needs. This is a surefire way to boost the morale of your employees and get them to enjoy their job just a little bit more. These incentives serve to increase the retention of your employees and productivity as a whole. But, when it comes to life insurance, understanding the different types can be illuminating.
- Whole life insurance: A whole life insurance policy works to provide employees with incredibly stable rates for their whole lives and then a possible return on the cash value of their policy.
- Term life insurance: This type of policy will give your employees the most significant amount of coverage possible.
- Universal life insurance: This policy traditionally combines the peace of mind you and your employees need with the total flexibility that they want.
Get Your Voluntary and Supplemental Insurance Policies with the MWE Partnership!
Are you a business looking to provide your employees with essential voluntary benefits? If so, look no further than The MWE Partnership. When you choose The MWE Partnership, you get experienced service and comprehensive voluntary benefit options that will meet the needs of all your employees. With over 17 years of experience, The MWE Partnerships is your one-stop shop for all your supplemental benefit needs. If you are interested in finding out how The MWE Partnership can help your business, then contact us today! Also, be sure to like our Facebook page, and follow us on Twitter and LinkedIn for all the latest voluntary benefit news!