What are voluntary benefits?

What are voluntary benefits?
Sometimes called “supplemental insurance,” voluntary benefits are policies you buy to add to the health and life insurance your employer may already provide. These benefits can help you pay for things your other insurance won’t, such as lost wages, out-of-pocket expenses and household bills.

Disability insurance: Helps replace part of your regular income if you are unable to work because of a covered injury or illness.
Accident insurance: Helps cover out-of-pocket expenses in the event of a covered accident.
Cancer and critical illness insurance: Helps with the high cost of cancer or critical illness screenings, diagnosis and treatment.
Life insurance: Helps pay for final expenses and helps provide financial security for your family members.
Hospital confinement: Helps pay for covered hospital-related expenses, including co-payments and deductibles.

Advantages Voluntary Benefits:

 Flexibility: Use claim payments however you like – pay deductibles, co-payments and other expenses not covered by your health or life insurance.
Portability: Take coverage with you if you leave your job or retire.
Stability: Maintain coverage whether or not you’re employed.
Convenience:Pay premiums using your choice of payroll deduction, bank draft or direct billing.

For more information please contact info@probityins.com or 408-293-9923