What are Voluntary Insurance Benefits?
Voluntary insurance coverage is a variety of benefits offered by businesses in which employees can choose to enroll. These benefits are paid for by the employee typically in the form of deductions from their paycheck. Supplemental benefits are typically used to provide additional benefits that aren’t covered by traditional insurance coverage plans. Some of the most common voluntary insurance benefits include
- Disability Insurance
- Life Insurance
- Vision Insurance
- Dental Insurance
- Accident Insurance
- Critical Illness Insurance.
Why Offer a Voluntary Benefits Plan?
- Attract new employees
- Increase employee satisfaction level
- Customized benefits for employees
Learn more about the advantages of employee benefits.