TermInsuranceBrokers helps business owners structure their employee benefits. Group insurance is distinguished from individual insurance in which single policies are sold to one person at a time – with group, benefits are made available to all employees of a group, or only to select executives and key employees. We help you design a package of benefits that can include, but are not limited to, health insurance, term life insurance, disability insurance, and long term care insurance.
Group insurance is offered by employers for several reasons:
- To attract the best employees – offering benefits as extra incentive may push them to work with your business instead of your competitor’s
- To provide insurance for employees who could not qualify individually – group insurance policies are often guaranteed-issue
- To provide extra benefits as non-taxable income, such as through a deferred compensation or executive bonus plan
Because every group is different, we take the time to find the right plan for your group based on your personal goals and business structure. To find out more information, or just check out the rates for employee benefits, please give us a call at 1-888-972-0024. You can also send us an e-mail by clicking here. We look forward to hearing from you.