When starting to offer benefits in your company

When starting to offer benefits in your company, the best program to begin with, especially if you have fewer than 25 employees, is a voluntary benefits program. These products are paid for by the employees themselves, offering them flexibility and choice in selecting the coverage that best fits their needs.

Here are some of the most common voluntary employee benefits to consider:

• Life Insurance: Provides a lump-sum payment to beneficiaries in the event of the insured person's death, helping cover funeral expenses and providing financial support to the deceased's family.

• Dental and Vision Insurance: Covers costs for dental cleanings, check-ups, fillings, and vision-related expenses like eye exams and prescription glasses, promoting good oral and visual health.

• Hospital Indemnity Insurance: Offers cash benefits to employees hospitalized due to illness or injury, helping offset associated costs like deductibles and co-pays during unexpected medical emergencies.

• Accident Insurance: Provides cash benefits to employees injured in accidents, helping cover medical expenses and other related costs not fully covered by traditional health insurance.

• Cancer Insurance: Offers cash benefits to employees diagnosed with cancer, helping cover treatment costs such as chemotherapy, radiation therapy, and other related expenses.

• Short-Term Disability Insurance: Provides income replacement to employees unable to work due to a temporary disability, such as injury, illness, or childbirth, ensuring financial stability during recovery.

Offering these voluntary benefits can provide valuable financial protection and peace of mind to employees and their families. They can also help attract and retain top talent, enhance employee satisfaction, and demonstrate a commitment to supporting the workforce's well-being