Keeping turnover low can be a challenge, and one of the best ways for employers to keep their best employees is to offer workplace benefits insurance. Additionally, for those who own a small business, it may be necessary to purchase these workplace benefits personally. There are different packages that can be purchased, and they include different types of benefits. A local agent can explain how these benefits can be bundled, as well as the coverage provided by each.
Long term care insurance is popular as the population continues to age. It provides for a certain amount of in home care and help for those who may no longer be able to take care of themselves. Often, the policy will stipulate how much can be spent each day on care, and what types of care are covered. Sometimes, these policies will cover having a nurse come to the home and help out. How long the coverage will last often depends on the policy limits, and all policies are a little bit different.
Disability insurance will help those who have gotten hurt and are no longer able to work. These policies also work differently depending on what type of policy is purchased. In many cases, they stipulate how a person has to become disabled in order to claim benefits. Some will pay a percentage of a person’s salary, and others will pay a set amount per day or week in benefits. Other policies will simply pay a predetermined amount depending upon the length of time a person is not able to work.