Unum And Voluntary Benefits
Employers who want to offer a richer benefit package to their employees without adding another line to their budget can look into voluntary benefits. Voluntary plans are available from insurance companies like Unum. They can also help employers implement and administer these plans. For instance, they can help educate and enroll employees in voluntary benefits, often with guaranteed or simplified underwriting for quick coverage.
Statistics show that more women than men buy disability policies and critical illness policies. Also, employees ages 30 to 49 are the most likely to buy voluntary life, disability or critical illness coverage. In fact, expanding company benefits to include voluntary benefits can also help make work offers more attractive and retain employees.
