Voluntary benefits remain a popular choice among employees to protect their income and maintain their physical health. In fact, many surveys suggest more employees are taking advantage of benefits when they are offered and the trend ultimately shows absolutely no sign of slowing down. As a result, the growth that is happening within the traditional voluntary categories like dental and life insurance is moving towards more unconventional notions of supplemental benefits like pet insurance and accident insurance. Here are some things you should know about this new insurance trend!
The Expansion Of Voluntary Benefits
More and more employees are looking to supplemental and voluntary benefits to help them live their lives to the fullest. People want to protect themselves from a slew of things that could cost them a fortune. As a result, they are looking for employers who offer a wide array of voluntary benefits.
So Many Categories
One of the perks of voluntary benefits is that there are so many different options available. In fact, voluntary benefits typically fall into one of two categories: traditional and non-traditional. Traditional voluntary benefits are those that support health and wellness. These would usually be your life insurance, disability insurance, long-term care insurance, and injury policies. However, non-traditional benefits include things like home insurance, pet insurance, and auto insurance. Ideally, employers select these various programs and services because they are ones that will resonate with their employees.
Health Coverage And Voluntary Benefits
These days, employees feel entitled to both health coverage and voluntary benefits that can help them pay for any additional health costs if needed. In fact, health insurance continues to be the most important things that employees are looking from an employer. If a company doesn’t offer competitive benefits, employees could seek employment elsewhere.
Get Your Voluntary And Supplemental Insurance Policies With The MWE Partnership!
Are you a business looking to provide your employees with essential voluntary benefits? If so, look no further than The MWE Partnership. With The MWE Partnership, you get experienced service and comprehensive voluntary benefit options that will meet the needs of all your employees. With over 17 years of experience, The MWE Partnerships is your one-stop shop for all your supplemental benefit needs. If you are interested in finding out how The MWE Partnership can help your business, contact us today! Also, be sure to like our Facebook page, follow us on Twitter, LinkedIn, and Google+ for all the latest voluntary benefit news!