Group captive insurance is a model supported by BeneRe to benefit employees and employers. Here’s how the bowl of skittles works. Key Takeaways Captive insurance companies write coverage for very specific risks, typically among a small group of participants A...
Heaped commissions allow brokers to receive a large commission upfront, up to 75%. This structure has misaligned the business model for voluntary benefits. Key Takeaways: Heaped commissions were born decades ago when the high costs associated with voluntary benefits,...
Uncomfortable Silence: Forthcoming Benefits Disclosure Rules and Why the Changes Matter The insurance industry is not traditionally known for being transparent, but changes are underway. Certain areas of employee benefits suffer from a lack of transparency regarding...
The Consolidated Appropriations Act of 2021 includes a provision that requires benefits brokers to disclose all compensation over $1,000 to employer clients. What does this mean for the industry? Key Takeaways The benefits industry has had a compensation transparency...
How Does Hospital Indemnity Insurance Work? Voluntary hospital indemnity helps employees pay for hospital stays, and they can use the coverage for expenses like out-of-pocket medical costs, transportation, childcare, and more. Key takeaways: Many Americans struggle...
Why Critical Illness Insurance Is Now a Must-have Critical illness insurance can no longer be a supplemental insurance product. Offering it to your employees can help create better, stronger, longer relationships between them and your company. Key takeaways: Critical...
What Do Accident Benefits Cover? Accident insurance compensates employees when they go through an unexpected bodily injury, but the funds can also be used for costs outside of medical expenses. Key takeaways: Accident benefits provide separate insurance for employees...
