Ancillary Insurance Products
Additional Insurance Coverage for Sustained Health
Ancillary Insurance products are
a great way to enhance employee benefits, regardless of the type of
business. Employees find significant value in these popular products and are
often accustomed to receiving such benefits from a previous employer.
While often these products are voluntary and paid completely by the employee, they provide significant value to your employees. Since these premiums are paid with pre-tax dollars, your organization often saves FICA taxes when an employee purchases these products. This provides value for both the employee and the organization.
Popular ancillary insurance products include:
- Dental Plans (most popular benefit after health insurance)
- Vision Plans
- Life Insurance
- Long-term Disability
- Short-term Disability
- Accident Insurance
- Cancer Insurance
- Medical Bridge Insurance
- Critical Illness Insurance