What are Group Benefits?Group benefits are insurance that covers a group of people who are usually the members of societies, employees of a common employer, or professionals in a common group.
Group coverage helps reduce premium costs because it reduces the insurance carrier's risk by creating a pool of people to insure who are together for reasons other than obtaining insurance. Group benefits can also be a powerful incentive to keep and attract great employees. Major Types of Group BenefitsGroup Health Insurance
Group health insurance coverage is a policy that is purchased by an employer and is offered to eligible employees of the company (and often to the employees' family members) as a benefit of working for that company. A group health insurance plan is a major part of many employee benefits packages that employers provide for their employees. Group Life Insurance Group life insurance (also known as wholesale life insurance or institutional life insurance) is term insurance covering a group of people, usually employees of a company, members of a union or association, or members of a pension or superannuation fund. Individual proof of insurability is not normally a consideration in the underwriting. Rather, the underwriter considers the size, turnover, and financial strength of the group. Group Disability Insurance Group Disability Insurance is a type of group insurance that provides regular income replacement payments to an insured member of the group in the event of an eligible disability resulting from illness or injury. Coverage is generally offered in two types: short-term disability (STD) or long-term disability (LTD). Group Accident/Supplemental Insurance Supplemental insurance is extra or additional insurance that you can purchase to help you pay for services and out-of-pocket expenses that your regular insurance does not cover in the event of an accident or other covered loss. Group Dental/Vision Insurance When organizations want to offer the best dental and vision care benefits to attract and retain the best employees they need to work with our group dental and vision experts. We have access to the benefit plans that will keep your group members, employees, and their families healthy. Contact us to learn more about the right benefits for your group. |
Contact Us About
|
Licensed in Massachusetts, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maryland, Maine, Michigan, Missouri, New Hampshire, New Jersey, New York, Nevada, North Carolina, Ohio, Oregon, Rhode Island, South Carolina, South Dakota, Texas, Utah, Vermont, Virginia and Wisconsin. |
|
Brendan Murray is licensed to sell in 33 States. Life After 65, LLC is currently licensed in the states of RI, OH, and KY, and offers Medicare plans in each of these 3 states, but not in all service areas. We do not offer every plan available in your area. Currently we represent 0-11 organizations which offer 0-69 products based on service area. Please contact Medicare.gov, 1‑800‑MEDICARE, or your local State Health Insurance Program to get information on all your options.
|
Navigation |
Social Media |
Contact Us |
Ocala National Forest, Ocala, Florida, US photo by Trish Hartmann | CC-BY-2.0 | Website by InsuranceSplash