CANCER AND CRITICAL ILLNESS INSURANCE Employers and insurers stepping up to help employees deal with a dreaded diagnosis When people learn they have cancer, they don’t want to burden themselves and their loved ones with concerns about how they will get by financially while they undergo the grueling course of treatment. If the patient and his or her employer have had the foresight to acquire special insurance for cancer and/or
Benefits Lead
HOSPITAL INDEMNITY HAS UPSIDE POTENTIAL Accident and critical illness carriers add HI to their mix Sales of hospital indemnity (HI) insurance are growing, riding the coattails of other supplemental health products in the voluntary market, particularly accident and critical illness (CI). Sales of all supplemental health products are driven largely by the need for employees to fill gaps created by higher deductibles and copays in their major medical coverage. According
Coverage plays an important role in contemporary employees’ financial security Employers are facing a whirlwind of change in the post-recession economy. Employment is booming and competition for quality workers is on the rise, as employers hunt for skilled staff members to implement new technology. And the workers themselves are changing. Same-sex marriages, blended families and non-binary relationships are changing the definitions of family. But no matter how their families are
Experts note plan enhancements and a move toward the voluntary market When a molar starts to throb in the middle of the night, suddenly dental insurance jumps from a minor paragraph in the benefits booklet to a godsend. And when aging eyes cause someone to fail a driver’s test for the first time, an employer-paid eye exam may help solve the problem. Dental and vision care are among the oldest
This income protection coverage can deliver peace of mind and help with family caregiving costs May is Disability Insurance Awareness Month, making it a great time to talk with clients about the value of individual disability insurance (IDI) policies and benefits. To help catch the attention of clients in the sandwich generation, it makes sense for agents and brokers to consider highlighting the new family caregiving benefits some policies are
