How to improve life insurance benefits for employees. According to the U.S. Bureau of Labor Statistics, 60 percent of non-government employees have access to employer-provided life insurance, and 98 percent of employees who have access to plans take advantage of them. The low cost of the coverage for both employers and employees is one reason...
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Voluntary Life Helps Bridge the Insurance Gender Gap
Making insurance available through the workplace, including with voluntary programs, can help eliminate a dangerous financial problem for many women: inadequate life insurance. How serious is the underinsurance problem? MetLife’s 8th Annual Study of Employee Benefits Trends found that married men with minor children have, on average, five times their annual household income in life...
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Why Offer Employees Group Life Insurance ?
Today, 57 percent of all workers in private industry have access to employer-provided life insurance. An employee’s status makes a big difference, though—72 percent of full-time workers have access to life benefits, while only 13 percent of part-timers do. If You Offer It, They Will Take It Employees appreciate the value of group life insurance,...
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Voluntary Life Insurance Can Help Women Bridge the Insurance Gender Gap
The MetLife Employee Benefits Trends Study found that 54 percent of employees are interested in having life insurance available through the workplace, even if they have to pay the entire cost themselves. Making insurance available through the workplace, including with voluntary programs, can help eliminate a dangerous financial problem for many women: inadequate life insurance....
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