Group Benefit

A group benefits package is a valuable investment for businesses and organizations. These arrangements help members maintain health and wellness and access other useful resources. As an employer, the well-being of your employees should always be a top priority, but comprehensive benefits can also help your company with attraction and retention efforts. 

For over 75 years, American Insurance & Investment Corporation has served businesses in Salt Lake City and Las Vegas. Our agents are well equipped to help your company acquire a suitable group benefits portfolio. 

What Types of Group Benefits Should You Consider? 
Group benefits can come in many forms. A comprehensive benefits package may include several types of programs, incentives and protections. Specifically, your business may find the following core features of a benefits portfolio to be particularly valuable: 

• Group health
• Group life and accident
• Group disability
• Voluntary employee benefits
• Leave management 

As your business considers various components of a potential group benefits package, it’s imperative to be diligent in assessing your specific circumstances, including considering the values, needs and characteristics of your employees. 

How Do Group Benefits Work? 
Group benefits are intended to provide a convenient and cost-effective option. These packages can be acquired by employers and other organizations and subsequently offered to workers, members, and their spouses and dependents. 

In general, your employees can expect to save money on various insurance coverages and benefits programs if they are offered through a group program. These discounts can largely be attributed to the following: 

• Providers may offer lower premiums due to risk spread across all members
• Policyholders may agree to pay a portion of employees’ premiums
• Employers that contribute their workforce’s benefits and coverage costs may be able to enjoy tax incentives. 

Get the Right Coverage 
Group benefits can be an invaluable investment for your business. These programs can offer ideal health and wellness solutions for employees at a bargain price. Furthermore, comprehensive benefits packages may also assist your company’s attraction and retention efforts. 

Contact the agents at American Insurance & Investment Corporation to begin discussing the ideal group benefits package for your business and its employees.