Voluntary Payroll Deduction
Keeping employees happy and productive is not easy. Neither is shouldering the costs of providing them with benefits that encourage them to stick around and help make your business flourish. Now you can provide an important benefit to your employees at no cost to you. By offering your employees the opportunity to purchase life insurance that is not contingent on employment, you are providing them with peace of mind.
They feel good, you look good: It’s a win-win situation. And, because they pay for the insurance out of their paychecks through voluntary payroll deduction, you don’t have to do a thing except let them meet with one of our partner agents on company time to learn about their options. Offering this benefit requires minimal effort and is cost-effective—now that’s easy.
This is Easy
Voluntary deduction programs help shift the cost burden of providing additional insurance benefits from the employer to the employee. Policies are funded entirely by employee premium payments.
If employees are asking for more choices, this is a great way to be able to offer a benefit—which makes you look good—at no cost to you.
You can simply apply the payroll deduction systems already in place to administer the program, so there is no added effort on your part.
There is no “discrimination” with voluntary deduction programs; they can be offered to every full-time employee, which means everyone can apply for valuable life insurance coverage.
The “good will” shown by offering additional optional benefits, such as life insurance, will help employee satisfaction and retention.
Our specialists will work closely with your employees to help them meet their protection needs and achieve peace of mind. You don’t have to do anything.
Partner with us
When you partner with WBA Insurance Services, your employees get access to quality products backed by a Fortune 100 company that’s been in business for over 160 years. We pride ourselves on our alliances - capitalizing on their financial strength, integrity and humanity, and the fact that we’ve helped generations of individuals, families, and businesses protect their loved ones and meet their financial needs.
Make life easier for yourself and your employees, and let us take care of their life insurance and long-term care needs through voluntary payroll deduction.
Contact us to set up an appointment today.