Building Better Benefits for Your Business
Voluntary Products
Cost-effective for your business and increasingly necessary and valuable for your employees, voluntary insurance options expand your menu of employee benefits. These options, which can help a company attract and retain good employees, include popular and well-known products like life, accident, disability, dental, and critical illness insurance. Let JTS help you build an attractive package of offerings that fits your organization’s specific needs.
Voluntary Products Explained
Accident Insurance
Accident insurance is a supplemental plan that covers costs related to an accident or injury, including nonmedical expenses.
Basic Life & AD&D Insurance
Life insurance and AD&D insurance both provide a death benefit to your beneficiaries, however AD&D insurance only covers you if you die from an accident or have suffered a covered injury from an accident.
Cancer Insurance
Cancer insurance is a type of supplemental health insurance that can provide payment to offset the costs of cancer treatments, or however a recipient sees fit.
Critical Illness Benefits
Critical illness insurance is a form of supplemental health insurance that provides coverage for expenses that your health plan doesn’t cover.
Dependent Care
Dependent care benefits are provided to an employee for use in caring for dependents, such as young children or disabled family members. It may include flexible spending accounts (FSAs), paid leave, and certain tax credits.
Flexible Spending Account
A flexible spending account (FSA) is a type of savings account that provides the account holder with specific tax advantages.
Health Savings Account
A Health Savings Account (HSA) is a tax-advantaged account created for or by individuals covered under high-deductible health plans (HDHPs) to save for qualified medical expenses.
Hospital Indemnity Policy
Hospital indemnity insurance is an insurance plan purchased in addition to a health insurance plan. You pay a monthly premium, and if you spend time in the hospital, you receive a fixed benefit amount to help cover expenses.
Long-Term Disability Insurance
Long-term disability coverage is disability insurance that pays a portion of your lost wages if you’re injured or become ill and can no longer do your job.
Medical Transport Solutions
Medical transport insurance is a type of insurance coverage that helps cover the costs associated with medical transportation services such as ambulance or emergency airlift.
Short-Term Disability Insurance
Short-term disability insurance, also known as temporary disability insurance, can provide monthly payments if you are too sick or injured to work.