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Small business expanding benefits with affordable voluntary life ins
With health insurance eating up an ever increasing benefit budget employers are looking for ways to provide valuable benefits without ading additional costs.If you have not considered a voluntary payroll deduction plan you might want to read on.An Increasing number of employees have only employer-provided group life insurance coverage or maybe an accident or short term product available through work. This is valuable coverage but not nearly the amount of risk absorbing coverage a typical family needs. Now, an increasing number of life insurance products are being offered through payroll deduction at the workplace from lots of major carriers.The advantages to the small business owner are many: Expands benefit programs at no cost to the employer ( totally voluntary) Promotes goodwill with employees Provides high-quality, voluntary insurance for employees Encourages employees to take responsibilityTrue guaranteed issue No gatekeeper questions No employer participation requirements List billing with as few as five participating employees If your business has not considered voluntary plans I urge you to find out more. If you want to learn more and receive a free analysis for your business you can call us anytime at 860-405-8200. cincilife.com ...read more
By Cincinnati Life Agency October 22, 2012