What is Voluntary Life Insurance? | BerniePortal


During the enrollment process , employers often offer ancillary benefits like voluntary life insurance to supplement basic life coverage. So, what is voluntary life insurance?

What is Basic Life Insurance? | BerniePortal


As part of that enrollment process, employers often offer ancillary benefits like basic life insurance as well, but unlike health coverage , basic life coverage alone may not be enough to cover all of an employee’s needs—especially if they have a family.


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Life Insurance vs. AD&D

Fringe Benefit Analysts

An untimely death impacts every aspect of your family’s life, but if you don’t have coverage from an insurance provider, your family can end up with the stress of figuring out how to financially recover. What Is Life Insurance? Pros and Cons of Life Insurance.

How Life Insurance Works With Wills And Trusts

Take It Personel-ly

There aren’t many things more important in your financial plan than your life insurance and final will and testament. Business Lifestyle insurance last will and testament Law legal life insurance Trust will

What is a return of premium life insurance policy?


If you outlive your life insurance policy, can you get your premiums back? However, a return of premium life insurance policy is the exception. This life insurance product allows policyholders to collect a refund of the premiums they have paid.

How to Start a Life Insurance Brokerage in 2021

Take It Personel-ly

Becoming an owner of a successful insurance brokerage can be a long and exhausting process, but it is definitely worth it. If you want to start a life insurance brokerage, you will need to do […].

How Choosing The Right Life Insurance Policy Can Help Protect The Future Of Your Loved Ones

Take It Personel-ly

Life insurance is something that we all at a certain age are bound to give some serious thought to. Life is fragile and finite. Lifestyle family family health finance finances financial financial tips insurance last will and testament life insurance personal finance will

Do You Offer Group-term Life Insurance? Here’s What That Means for Taxes

Patriot Software

Company-sponsored life insurance is a pretty popular employee benefit. Thinking about offering group-term life insurance? Read on to learn: What is group-term life insurance? Is group-term life insurance taxable?

Five Misconceptions About Life Insurance


As Thanksgiving nears and with it the start of the holiday season, many people tend to be introspective about life, including the importance of family and friends. One of the topics that is often reviewed at this time is making sure family is protected at the time of the passing of a loved one with life insurance. While life insurance is extremely important, there are misconceptions associated with it that many need clarification on.

What is the difference between term insurance and whole life insurance?


You’ve decided you need life insurance. Now you need to decide which type of life insurance you need. Life insurance policies aren’t all the same. So what’s the right life insurance policy for you? Term vs. Whole Life Insurance.

Trends to Watch in Life Insurance

Winston Benefits

Do your employees know what they need to about life insurance? People tend to overlook life insurance, because they think they’re too young to need it, or they don’t understand what it could be used for. September is Life Insurance Awareness Month , so now is a perfect time to educate your employees about life insurance and what it can do for them. employee benefits Life insurance

It’s for the Rest of Your Life: The Most Important Life Insurance Questions to Ask

Take It Personel-ly

Are you one of the 52% of Americans who think life insurance is too expensive? We’re going to go over the essential life insurance questions so you have the […]. Lifestyle Business business leaders business tips excellence finance finances financial financial tips Growth Humanbiz Improvement life insurance life skills personal financeOr maybe you’re one of the 12% who doesn’t know how much coverage to get.

How to Answer Employees' Questions About Life Insurance

Winston Benefits

Life insurance is like the tax code. Life insurance retirementWe all know it’s there (and know we should have a basic knowledge of it) yet most of us will never fully master it.

Insurance Tips for Millennials: 7 Hacks To Make Adulting Easier

Take It Personel-ly

From applying for student loans and purchasing a home to having children and buying insurance, there are many decisions millennials are tackling at the moment, all of which can seem daunting. This is especially the case when it comes to insurance.

Reduce Financial Stress with This Type of Insurance

Best Money Moves

Reduce financial stress with this type of insurance. Research by Life Happens shows most Americans with life insurance experience less financial stress knowing their family is financially protected. Americans say feeling financially secure adds the most meaning to their lives, even more than being in love or owning a home, according to recent research by Life Happens. How Life Insurance Reduces Financial Stress. Through life insurance.

How A Woman Lost Her Famous Singer Husband In A Plane Crash

Take It Personel-ly

Lifestyle finance finances financial financial management last will and testament life life insurance money money managementIt was early Sunday evening, Steve had just finished performing at the Lucky Strike Bar in Los Angeles.

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5 Smart Estate Planning Strategies to Keep in Mind

Take It Personel-ly

Business Lifestyle business outcomes business tips estate planning excellence finance finances financial financial tips Growth Improvement Inspiration last will and testament life insurance Motivation personal finance planning will

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Rethinking Benefits for Millennial Employees

Winston Benefits

Millennials wellness Life insuranceAre you in tune with what your millennial employees want and need from their benefits? Their interests may be different than those that you associate with your older workers. As an HR or benefits pro, it’s up to you to understand these differences so you can best serve the needs of your workforce and recruit new millennial talent in the future. Here are some articles to help you begin viewing benefits with a millennial perspective.

What Is a Life Settlement and How Does It Work?

Kollath CPA

A life settlement is a way to get cash for a life insurance policy you no longer need or can no longer afford. What Is a Life Settlement and How Does It Work? In contrast, with a life settlement, you don’t necessarily need to be ill.

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Covered Employees Can Save Using Healthcare Bluebook

Employer Connection

and Trustmark Life Insurance Company. Remind covered employees to shop for healthcare using Healthcare Bluebook TM. This online tool aids shopping by showing which facilities in their area have historically offered high-quality, lower-cost care. With Healthcare Bluebook, covered employees can always find the best value. Healthcare Bluebook is included with self-funded major medical and limited medical plan designs administered by Star Marketing and Administration, Inc.

Grand Rounds Is Now Included Health

Employer Connection

or Trustmark Life Insurance Company. Trustmark ® and Trustmark Small Business Benefits ® are trademarks of Trustmark Insurance Company. Included Health, formerly known as Grand Rounds, has a new look and the same world-class care. There are no changes to the medical second opinion service, and Included Health will continue to be a personal care team available at no additional cost for eligible employees.

Benefits offered by Murphy Group

Employee Benefits

Life insurance for all employees, employer-paid. . Private medical insurance for employees at certain job levels, employer-paid. Work/life balance or family-friendly policies.

What is ancillary health insurance?


Ancillary health insurance is a secondary type of coverage used to supplement your traditional health insurance. The term “ancillary” means “providing additional help or support,” and that’s just what ancillary health insurance does. Examples of Ancillary Health Insurance.

Introducing Special Delivery – A New Maternity Wellness Program

Employer Connection

and Trustmark Life Insurance Company. The Special Delivery maternity wellness program provides mothers-to-be with important information and resources about pregnancy, childbirth and baby care, Plus, expectant moms who enroll through week 20 of gestation and complete each scheduled assessment will receive a $100 gift card ! This program is available at no additional cost, and is designed to complement the prenatal care and education received from the doctor.

How to Introduce Voluntary Benefits for the First Time

Winston Benefits

Attract and retain employees looking for extras like short- and long-term disability insurance, critical illness coverage and life insurance. Voluntary benefits might give you the competitive advantage you need in a tight labor market. If you’ve decided to add these voluntary offerings, what do you need to know to successfully introduce them for the first time? voluntary benefits

The Financial Costs of Being Unvaccinated

Money Talk

At the risk of touching what can, unfortunately, be a politically-charged topic, even one life saved is a victory! It will also charge unvaccinated employees $200 monthly health insurance premium surcharges starting November 1. I’ve been thinking a lot lately about COVID-19.

Co-fiduciary Can’t Be Sued for Indemnification in 8th or 9th Circuits First Reliance Standard Life Ins. Co. v. Giorgio Armani Corp. U.S. No. 21-861, Cert. Denied 2/22/22

Benefits Notes

In this case, there was an enrollment error in signing up an employee for life insurance coverage with his employer – Georgio Armani Corp. The surviving spouse, Soohyun Cho sued the insurance carrier – Reliance for the balance of the $500,000 death benefit after Reliance paid her only $50,000 on the claim. In the District Court, Reliance was found liable for the $500,000 coverage amount under the group life insurance plan.

Flexible Benefit Plans Give Employees More Options

InterWest Insurance Services

Options can include: Health insurance, Voluntary benefits premiums (like vision and dental), Life insurance, 401(k), and. Blog InterWest Insurance Services

Members Can Start Earning Vitality Rewards

Employer Connection

Trustmark ® and Trustmark Small Business Benefits ® are trademarks of Trustmark Insurance Company. and Trustmark Life Insurance Company. Introducing a way for covered employees to get rewards for things they do to maintain or improve their health and lifestyle. Effective Jan.

How Employee Benefits Can Help with Retention and Recruitment

Winston Benefits

While many employee benefits are seen as standard, such as health insurance, there is a growing demand for new offerings, especially flexible work environments and schedules. Research also shows an interesting mix of requests for disability and life insurance, wellness programs and more if you want your company to stand out in this increasingly tight labor market.

Reconsidering your employee benefits priorities

Health Consultants Group

Whether their families battled the virus or not, they have all endured a life-changing event. Employees still want traditional options such as retirement plans, educational assistance, and health insurance. Group-term life insurance . Health Insurance

Examine Your Workplace Safety Program for National Safety Month

Winston Benefits

As an HR or benefits professional, you know the value of health, accident, disability and life insurance for your co-workers — but can you place a value on keeping workers safe in the first place? Absolutely not. Workplace safety should be of utmost importance to all companies, in all industries, around the globe. disability accident workplace safety

The benefits offered by VMware

Employee Benefits

Group life insurance as a core benefit at four-times base salary. Critical illness insurance for employee and partner through flexible benefits scheme. Private medical insurance (PMI) as a core benefit and family cover paid for by employer. Travel insurance as part of PMI.

Budgeting for Benefits: Sage Advice for Cost-Conscious Employees

Griffin Benefits

For workers who are still attracted to an HDHP despite these risks, employers should make sure to explain how accident, critical illness, and hospital indemnity insurance can effectively be paired with an HDHP to help shore up some of these risks.

Are Extended Warranties Worth the Cost? It Depends

Money Talk

Like term life insurance, it is a form of insurance for “big ticket" purchases. Self-Insurance - To hedge your bets about needing future repairs without an extended warranty, consider setting aside several hundred dollars for each “big ticket” item that you buy in an earmarked savings account.

BerniePortal Announces Improvements to BernieBill Offerings


BerniePortal , the all-in-one HRIS for small and mid-sized businesses, announces today that leading insurance provider, The Guardian Life Insurance Company of America ® (Guardian) , is expanding its suite of benefit offerings through BernieBill, creating a streamlined benefits experience for users. Expanded partnership with Guardian creates streamlined benefits experience.

Voluntary Benefits Continue to Grow as Employees See Their Value

Winston Benefits

Growth is occurring in both the traditional voluntary categories like dental and life insurance as well as in newer products like pet care and identity-theft coverage. Voluntary benefits remain a popular choice among employees to protect income and maintain their physical health. Recent surveys suggest more employees are taking advantage of benefits when they are offered and the trend shows no signs of slowing.