Voluntary supplemental insurance is important to your employees. Its value can be measured during a time of need - an accident, a disabling injury, an illness or a death. At EB Financial Group, we give you options so you will have the right voluntary supplemental insurance products for your employees. Our voluntary benefits can be customized through various levels of coverage. You should have a choice of affordable insurance that will meet both you and your employee's needs.
Voluntary individual workplace products
(No participation minimums.)
Universal Life Insurance - EB Financial Group offers various policies to choose from. Each offer an easy application process, with a minimum specified amount of $5,000, with affordable premiums and a potential for loans and withdrawals based on fund value. Fund value accumulation is tax deferred. Riders can be added to most policies to enhance coverage. Individual coverage and family coverage is available.
Term Life Insurance - A renewable and convertible term policy with level death benefits. Minimum issue in most states is $10,000. Riders can be issued on most policies to enhance coverage. Individual coverage and family coverage is available.
Disability Insurance - Disability insurance provides a source of income when insured's can't work because of covered sickness or off-the-job injury. Available benefits periods are 3 months, 6 months, 1 year, or 2 years. (Elimination periods may apply.) Riders can be added to most policies to enhance coverage. Individual coverage only.
Accident Insurance - Accident insurance offers coverage on On - and Off-the-job or Off-the-job accidental injuries, plus some medical benefits. Accident benefits include Accidental Death & Dismemberment, Hospital Confinement, Disability, Dislocation & Fracture, Ambulance Services, and Medical Expenses. Riders can be added to most policies to enhance coverage. Individual coverage or entire family coverage is available.
Hospital Indemnity Insurance - Hospital indemnity insurance is a modular policy that offers a base policy which pays a daily benefit for hospital confinement, plus9 optional riders (may vary by state.) Riders are added to the base policy by selecting from a list which includes: Initial Hospitalization, Surgical and Anesthesia, Emergency Room Accident, Inpatient Physician Treatment, Outpatient Physician Treatment, At-home Nursing, Transportation, Accident Disability, and Specified Disease (cancer, heart attack and stroke) Disability Benefits. Individual coverage, individual and spouse coverage, individual and children coverage or entire family coverage available.
Heart/Stroke Insurance - Heart/Stroke insurance pays benefits for heart disease or stroke, that can be used for non-medical expenses health insurance might not cover. Heart/Stroke benefits include Hospitalization, Surgery, Transportation and Lodging, Transplant, and other treatments. Benefits are paid for specific treatments as they happen. Riders can be added to most policies to enhance coverage. Individual coverage or entire family coverage is available.
Critical Illness Insurance - Critical Illness insurance pays a lump sum benefit upon the diagnosis of a covered serious illness. Some examples of serious illness are Heart Attack, Stroke, Multiple Sclerosis, and Alzheimer's Disease. Benefits are portable and there are no reduction of benefits after insured reaches a certain age. Equal benefit amounts are available for each family member when the employee buys family coverage. Riders can be added to most policies to enhance coverage. Individual, single parent family or entire family coverage is available.
Group Voluntary workplace benefits
Low participation minimums. Perfect for companies where the headquarters is located in a specific state and various outlets or shops are located elsewhere (all employees receive the same coverage under the same premium structure.)
Term Life Insurance - Group term life insurance is offered in addition to coverage that may already be provided by the employer. Chose individual coverage in $10,000 increments up to 5 times the annual salary or $500,000. Spouse coverage can be purchased for up to the lesser of 50% of employee coverage or $100,000. Dependent children coverage can be purchase in $2,500 increments, up to $10,000. Conversion to an individual permanent whole life insurance policy is available. Employee, employee and spouse, or entire family coverage is available.
Disability Insurance - Short term and long term group disability insurance for full-time employees offers a source of income if work cannot be accomplished due to a covered sickness or (off-the-job injury - STD) (injury - LTD.) Employee coverage only.
Cancer Insurance - Group voluntary cancer insurance provides protection against the potentially high costs associated with the treatment of cancer and 29 other specified disease at affordable group rates. Benefits are paid as long as the coverage is in force and cover the cost of specific treatments and expenses (up to the maximum allowed) as each event happens. Plans available in multiple benefit levels to suit employer needs. Additional benefits can be added to most policies to enhance coverage. Employee coverage or entire family coverage is available.
Accident Insurance - Group voluntary accident insurance pays a lump sum benefit for on- and off-the-job accidents, plus some medical benefits. Insurance features include: 24-hour accident coverage, benefits for dislocations, fractures, loss of limbs and death, ground and air ambulance benefit, hospital confinement, intensive care and medical expenses, and coverage for an unlimited number of accidents. Plans available in multiple benefit levels to suit employer needs. Disability riders can be added to most policies to enhance coverage. Employee or entire family coverage is available.
Hospital Indemnity Insurance - Group voluntary hospital indemnity insurance base policy pays predetermines amounts for covered hospital, outpatient and physician services. Additional benefits can be added to the base policy by selecting from a list that includes a: a Diagnostics benefit, a preventative "Wellness" benefit, a Prescription Drug benefit, Short Term Disability (employee only,) and Term Life Insurance. Dental benefits available under a separate policy. Employee, employee plus spouse, employee plus children, or entire family coverage available.
Dental Insurance - Dental insurance is available for private industries and businesses or government and schools in 5 benefit levels, with corresponding premiums to suit employer needs. Each plan has a wellness benefit that includes a yearly exam and cleaning. Other benefits include X-rays, fillings, crowns and dentures. The covered percent paid by the plan increases the second and third year of coverage. There are no net work of dentists. Co-payments and deductibles apply. Credit may be given for previous group coverage, sponsored by the same employer. Employee, employee plus 1 and employee plus 2 or more coverage is available.
Limited Benefit Medical Insurance - This type of medical insurance provides a way for employers to offer benefits to non-benefited workforce in order to attract and retain new hires, and can also help reduce turnover. Targeted towards part-time and entry-level employees who cannot afford a traditional major medical plan. Preferred provider network available through third party vendor. Personalized ID cards are provided. It is a true group health plan available in multiple benefit levels to suit employer needs. Employee, employee plus 1, or entire family coverage is available.
