Test Your Life Insurance Knowledge

How much do you know about life insurance? Take the following quiz to find out: 1. Life insurance is the most commonly offered employee benefit, after health insurance. True or false? True. According to the Bureau of Labor Statistics, 55 percent of all workers in private industry have access to life insurance benefits (2016 figures).…

Pet Insurance: Coverage for Four-Legged Family Members

Many studies have shown the positive benefits of having pets. Your employees would likely agree. If they’re like most Americans, 39 percent have at least one dog and 33 percent have at least one cat. And many Americans consider their pets as family members. Love isn’t free, though. The Ontario Veterinary Medical Association has estimated…

Communicating the Value of Your Health Benefit Plan

You’ve worked hard to choose and provide the right group health benefit plan for your employees. The premiums are reasonable, the deductibles are low and plan participants have a good choice of health care providers. That’s a good start, but there’s something else you should do — educate your employees. The more your employees know…

Most Workers Get a ‘C’ in Employee Benefits IQ Quiz

At a time of unprecedented change in employee benefits programs, 51 percent of working Americans earned a grade of “C” or below in a true-false quiz measuring their understanding of workplace benefits. Guardian’s “Closing the Gap” survey found that while 80 percent of working Americans believe they understand their benefits very well, only 49 percent…