Rising costs and evolving employee expectations make personalized, affordable benefits more important than ever. Today’s workforce values this kind of support—making voluntary benefits essential for retention and well-being. Why Voluntary Benefits Matter More Than Ever Why Choose Us Choosing voluntary benefits allows employers to offer valuable, customizable coverage options— like Accident Indemnity, Critical Illness, Disability, Hospital Indemnity, GAP, Whole and Term Life— without increasing overall benefits costs. For employees, these benefits provide added financial protection and peace of mind, helping them feel more supported both at work and in life. By giving employees the power to choose what matters most to them, companies can boost satisfaction, engagement, and retention.
Expanding Benefit Offerings 72% percent of employers plan to add additional voluntary benefits, indicating a growing trend toward offering diverse benefit options. 2 A significant 83% of employees are more likely to work for an employer that offers voluntary benefits such as critical illness, hospital indemnity, disability income, or accident insurance. 1 Why Offer Voluntary Benefits?
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57% of employees had out-of-pocket healthcare expenses this year that were not covered by their health insurance plan. 3
Sources: 1 - https://www.voya.com/voya-insights/survey-more-8-10-employees-more-likely-to-work-company-offers-supplemental-benefits 2 - https://www.copower.com/news/majority-employers-plan-add-voluntary-benefits 3- https://www.newyorklife.com/newsroom/2024/survey-finds-employees-desire-supplemental-health-benefits WVB_0625
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