Advantages of Group Benefit Programs
Advantages for Employers
|
- Expenditures toward group benefits are tax deductible as a business expense
- Benefits attract and retain qualified employees
- Benefits foster a healthy workforce and consequently improve employee morale, productivity, and efficiency
- Benefits can be provided in exchange for monetary compensation
|
| Advantages for Employees |
- No need to use after-tax money to purchase various types of insurance policies
- Does not usually require an individual to provide medical evidence of insurability
- Insurance is less expensive to obtain under a group plan than in the individual market
- Tax advantages
|
Contact Us at: customer-service@dodgson-insurance.com
<< back to group insurance
|
