Supplemental Executive Insurance Plans
A key component of a comprehensive, competitive benefit program often includes Supplemental Insurance and welfare benefits. More and more organizations are providing these options to their executives and other key employees to complement their existing group benefit programs. Group benefit plans alone often cannot provide the level of coverage highly compensated executives really need.
As the U.S. population continues to age, Supplemental Executive Insurance Plans will become even more important in the coming years.
Did you know?
- The average cost of nursing home care has risen to approximately $85,288 per year.*
- In the United States, a disabling accident occurs on average once every second.**
- Seven out of ten American households report that they would not be able to pay their normal living expenses should a wage earner become disabled for six months.***
- Attract, retain and motivate key employees