One of the toughest challenges you face as a small business owner is attracting quality employees and keeping them. Unless they’re given a competitive package of voluntary insurance and retirement benefits in the workplace, they might leave.
You need WoodmenLife@Work.
WoodmenLife@Work offers a simple way to make life insurance and annuities available to your employees at little or no cost to your small business. These are voluntary products, which means the employees pay the premiums.
This access allows employees to plan for their own futures, freeing you to focus on the day-to-day aspects of actually running your business.
According to Voluntary Benefits magazine, fewer than 2% of all employer-paid group term life insurance plans will provide a cash benefit to a beneficiary, so a portable life insurance plan from WoodmenLife@Work can be a great addition to your existing group term plan.
Your employees purchase individual insurance or annuity products from WoodmenLife (purchase is voluntary).
You deduct the insurance premiums and/or annuity contributions from their paychecks.
You then forward the premiums to WoodmenLife. It’s as simple as that.
Your professional WoodmenLife Representative will provide service after the sale, and can add employees as needed.
Give your employees the opportunity to protect themselves and their families by making one or more of these WoodmenLife products available in your workplace:
When you help your employees with the groundwork of selecting the various plan options through WoodmenLife@Work, you all win.
Contact your local WoodmenLife Representative for more information, or call 1-800-225-3108.
A lot of [our employees] had never had these kind of benefits as options. Our WoodmenLife Representative showed them how affordable it was to cover themselves and their families.
WoodmenLife will work closely with you to find the voluntary benefits plans that fit the unique needs of your small business and your employees.
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