Now YOU can offer your small and mid-sized companies "Big Company Benefits" for their employees with ...
CONFIDENT™ Life & DI Core/Buy-Up Plans
Here's how:- For an affordable cost per line of coverage, EMPLOYERS fund minimum levels of core benefits for their employees: Life, Short-Term Disability & Long-Term Disability.
- EMPLOYEES then voluntarily “buy-up” their benefit amounts* to the levels necessary to protect themselves and their families.
- For their minimal investment, employers increase employee participation, appreciation and retention and significantly reduce the cost of the plan.
Core/Buy-Up Life and Disability Plans
Core/Buy-Up Life and Disability plans are available for groups of 5 or more eligible lives. When the employer pays for the core benefit, the employees are offered the buy-up options with no minimum buy-up requirement. All plans have a 2 year rate guarantee.
- Life - This plan provides an Employer-Paid Core Life amount of $20,000 and Employee Buy-Up Options for groups of 5-49 lives of as much as $100,000. Move coverage is available for groups of 50-100 lives. Spousal and Child(ren) Coverage is also available.
- STD - This plan provides an Employer-Paid Core STD amount of $100 and Employee Buy-Up Option of up to $1,000. The weekly benefit may not exceed 60% of weekly pay and can be bought in $50 increments.
- LTD - This plan provides an Employer-Paid Core LTD amount of $500 and Employee Buy-Up Option of up to $6,000. The monthly benefit may not exceed 60% of basic monthly pay and can be bought in $100 increments.
* Some industries may be excluded or have limited benefit options or reduced benefit amounts. Groups comprised of 50%+ family, related by blood or marriage, are excluded. Insurance products described are subject to exclusions, limitations and reductions. Product availability and/or features may vary by state.
CONFIDENT™ Voluntary Life & Disability Insurance
Voluntary Life and Disability plans are available as stand-alone benefits to groups with 10 or more eligible employees and a minimum of the greater of either 10% participation or 5 enrolled lives. All plans have a 2 year rate guarantee.
- Life - Select $20,000, $40,000, $60,000, $80,000, $100,000 and Guarantee Issue up to $100,000 for groups of 5-49. Select $20,000, $40,000, $60,000, $80,000, $100,000, $120,000, $140,000, $160,000 and Guarantee Issue up to $160,000 for groups of 50-100. Spousal and Child(ren) Coverage is also available.
- STD - Weekly benefits from $100 to $1,000. The weekly benefit may not exceed 60% of weekly pay and can be bought in $50 increments.
- LTD - Monthly benefits from $500 to $6,000. The monthly benefit may not exceed 60% of basic monthly pay and can be bought in $100 increments.
Some industries may be excluded or have limited benefit options or reduced benefit amounts. Groups comprised of 50%+ family, related by blood or marriage, are excluded. Insurance products described are subject to exclusions, limitations and reductions. Product availability and/or features may vary by state.
Match these products with the CONFIDENT™ Voluntary Dental and Vision programs to offer your clients a complete Employee Benefit program on a very affordable basis. Call ALLIED Brokerage Services for quotes and details today!
