What is the easiest way to reduce the cost of your employee benefits? Take a second look at your Group Disability and Life Insurance.
Most employers and insurance advisors concentrate their time on reducing the cost of health insurance. Health insurance requires an enormous amount of time and energy. ACA and the current political climate have made health insurance even more time consuming. Typically, the Disability and Life Insurance are treated as an afterthought. The bottom line is the loss of significant premium savings.
Take a second look. It won’t cost your company a penny and typically ends up reducing premiums by 30% or more. But, be sure to use a firm who specializes in Group Disability and Life insurance. If they offer health insurance services, stay away. It’s a dead giveaway that they are not day to day experts.
Want to know what to look for or who to talk to? Contact us for more information.