Maximize Your Benefits with Voluntary Benefit Enrollment

Unlock the full potential of your employee benefits package by understanding and enrolling in voluntary benefits.

Understanding Voluntary Benefits: What They Are and Why They Matter

Voluntary benefits are additional health and wellness benefits offered by employers, but paid for partially or fully by employees through payroll deductions. Unlike core benefits such as basic health insurance, voluntary benefits encompass a variety of services and coverages that employees can choose based on their personal needs and preferences.

These benefits matter because they provide employees with the flexibility to customize their benefits package, enhancing their overall satisfaction and well-being. From a business perspective, offering a comprehensive suite of voluntary benefits can be a key differentiator in attracting and retaining top talent.

Popular Types of Voluntary Benefits to Consider

Voluntary benefits come in many forms, each designed to address different aspects of an employee's life. Some of the most popular types include:

1. **Supplemental Insurance**: This includes dental, vision, life, and disability insurance, which cover gaps that primary health insurance might not address.

2. **Financial Wellness Programs**: These programs offer services like retirement planning, student loan repayment assistance, and financial counseling.

3. **Wellness Programs**: Corporate fitness memberships, mental health support, and wellness incentives fall under this category.

4. **Pet Insurance**: An increasingly popular benefit, pet insurance helps employees manage veterinary costs and promotes overall pet health.

5. **Legal Services**: Access to legal advice and services at a reduced rate can be a valuable benefit for employees dealing with legal issues.

How Voluntary Benefits Enhance Employee Satisfaction and Retention

Offering voluntary benefits can significantly enhance employee satisfaction by addressing individual needs and preferences. Employees who feel that their employer cares about their well-being are more likely to be engaged and productive.

Moreover, a well-rounded benefits package can improve retention rates. Employees are less likely to seek opportunities elsewhere if they feel their current employer provides comprehensive support for their health, financial well-being, and personal interests.

Meet the Insurance products on the Marketplace:

INTRODUCING AFLAC

Aflac is No.1 in supplemental health insurance sales at U.S. worksites and has 85% consumer brand awareness. With their full portfolio of group and supplemental insurance products, you can create a strong, competitive benefits package – all from a single partner. 

INTRODUCING ALLSTATE

Your employees are the backbone of your enterprise. Unexpected accidents or medical diagnoses can lead to financial strain, potentially causing a reduction in workplace productivity. Allstate can help with voluntary employee benefits like Accident, Disability, Critical Illness, Hospital Indemnity, and Cancer Insurance. 

INTRODUCING POLICY BINDER

Policy Binder allows you to quote and bind business insurance for all types of commercial risks. With Policy Binder you're covered- fast. They protect and get you the insurance and the compliance support you need, quickly, simply and affordably so you can focus on what's important to you.

INTRODUCING LIBERTY MUTUAL

Liberty Mutual Insurance can help you save money on car insurance by getting you the auto insurance discounts you deserve with a policy customized for you.