Voluntary Insurance

To learn more about Voluntary Insurance or to get a quote on Voluntary Benefits, Fill out the form above!

Voluntary insurance is a great way to save 15-20% on your group health insurance premiums. Employers are finding it difficult to maintain traditional low deductible health plans while insurance rates continuously increase. Voluntary Insurance benefits give employers the opportunity to increase deductibles to reduce insurance costs. At the same time, employees have the opportunity to seek additional Voluntary Insurance that helps hedge high deductible health plans and will protect Health Savings Account balances.

In other words, by increasing the deductible and implementing Voluntary Insurance benefits to protect additional deductible exposure, an employer can save between 15-20% on health insurance premiums. Voluntary premiums are paid for and customized by the employees. It can also serve as a way to compete with larger companies in the hiring process of attracting more in-demand workers.

Voluntary Insurance benefits cover the following, but may not be limited to: accidental plans, medical bridge plans, life insurance, disability, cancer, and long-term care insurance.

If you’re a business owner searching for a cost control strategy for your employee benefits contact EVCO Insurance today to learn more. We can insure groups down to two employees.