Supplemental Insurance Options for Businesses

Supplemental insurance provides additional coverage beyond standard health insurance, offering employees extra protection and financial support. Here are some key supplemental insurance options to consider for your business

Accident Insurance

Accident insurance provides coverage for expenses resulting from accidental injuries, such as medical bills, emergency room visits, and rehabilitation costs. This insurance helps employees manage out-of-pocket costs that can arise from accidents, offering financial support during recovery.

Disability Insurance

Disability insurance offers income replacement if an employee becomes unable to work due to a non-work-related illness or injury. There are short-term and long-term disability options, ensuring that employees receive financial support while they are unable to perform their job duties.

Critical Illness Insurance

Critical illness insurance provides a lump-sum payment if an employee is diagnosed with a covered critical illness, such as cancer, heart attack, or stroke. This benefit helps cover medical expenses, treatment costs, and other financial burdens during a serious health crisis.

Life Insurance

Life insurance provides financial protection to an employee’s beneficiaries in the event of their death. This coverage can help alleviate financial stress for families, covering funeral expenses, outstanding debts, and ongoing living costs.

Sep IRA plan
Profit Sharing Plans

Hospital Indemnity Insurance

Profit-sharing plans allow employers to make discretionary contributHospital indemnity insurance offers a daily cash benefit for each day an employee is hospitalized. This supplemental coverage helps cover additional expenses like deductibles, co-payments, or lost income while an employee is receiving inpatient care.ions to employee retirement accounts based on the company's profits. This type of plan provides flexibility in contributions and is a great way to align employee interests with company performance.

Vision Insurance

Vision insurance helps cover the costs of eye exams, glasses, contact lenses, and other vision care services. By offering vision insurance, you can support your employees in maintaining their eye health and managing related expenses.

defined benefit plans
Cash Balance Plan

Dental Insurance

Dental insurance provides coverage for routine and major dental care, including cleanings, exams, fillings, and orthodontics. This benefit helps employees manage their dental health and reduces the financial burden of dental treatments.

These supplemental insurance options allow you to enhance your benefits package, providing employees with additional financial security and support for various life circumstances and health needs.