Employee Benefits: Benefiting Both Employers & Employees
Business life insurance policies provide both employees and employers with a variety of benefits. Business owners who choose to offer business life insurance policies and other employee benefits to their workers increase workplace morale and recruit better employees. Employees that utilize business life insurance policies have the ability to receive coverage at a cost effective rate. Gathered are some helpful persuasive points if we have not already convinced you:
- As an employer who offers employee benefits such as life insurance and dental coverage, you can ensure that your employees’ loyalty to the company will be increased. Employee satisfaction rates will skyrocket. Additionally, when you are looking to hire, your organization will stand out above competitors as employees would much rather work at an organization that offers employee benefits. You may be able to receive a multi-policy discount if you offer your employees health insurance and life insurance from the same carrier.
- The most important advantage that many employers overlook is that healthy employees who receive the necessary preventative care and immediate attention for problems are able to attend work more. When you offer your employees insurance benefits, they are less likely to call in sick to work last minute. They have the capability to attend regular doctor visits and seek medications for common sicknesses. In turn, this advantage will increase workforce performance.
- As an employee, utilizing life insurance options from the company you work for can be extremely cost effective. Since your place of work is purchasing these policies at a mass rate, you can expect the policy premiums to be discounted. Likewise, you will also be able to utilize tax advantages by purchasing life insurance through your employer.
Contact Little & Sons Insurance Services for all of your California business life insurance needs. We go above and beyond to work for you and your business, and have been doing so since 1922.