Someone once said to make people understand the value of life insurance, you have to back the hearse up to the door.
Nothing so drastic is required, but it helps to have stories to illustrate value, which is why employee benefit specialist Lori Power wrote this informal reference guide to help human resources professionals and business owners learn about employee group benefit plans. She answers questions such as:
When should an employer consider adding a benefit plan?
How can a company use a benefit plan as a compensation tool?
How can a company better manage the escalating costs?
Why is a broker necessary to get a quotation?
She also shares twenty advantages of employee group benefits as well as various insurance industry scenarios told through real events experienced by real clients.
If you’re a business owner, human resources professional, decision maker or plan administrator, you’ll be better equipped to navigate benefit plans with the lessons in this guide.