Male   Female
  • Will voluntary benefits be available in the future?
  • October 6, 2010
  • importance of life insuranceBy LifeQuotes.com

    In the next five years, workers see voluntary benefits such as life and health insurance playing a major role in their lives.

    According to a survey conducted by Harris Interactive, 82 percent of employees said having life insurance will be important in the next five years. Furthermore, 77 percent felt that way about disability policies, while 76 said as much about critical illness coverage.

    “Employees clearly see the need for many types of insurance protection, especially as they get older,” said Randy Horn, CEO of the insurance company that commissioned the poll.

    However, only 62 percent of workers surveyed said they had coverage through their employer’s or their spouse’s life insurance policy.

    The survey also showed many workers are concerned about whether or not voluntary benefits will still be available five years in the future. Almost half (48 percent) expressed this worry when polled.

    Life insurance can provide a number of financial benefits to workers, including ensuring their family will have a source of income should they die. Providers also offer annuities, which can act as an investment vehicle for participants.

  • Category: Industry News, Life Insurance, Videos

Leave a Reply

Archives

About

Consumer Insurance Guide SM provides a wide selection of originally-authored articles and expert advice targeted to the self-directed insurance shopper. Our mission is to provide consumers with useful, money-saving information on all things having to do with making sound insurance purchase decisions.

Consumer Insurance Guide SM is owned by Life Quotes, Inc. 8205 South Cass Avenue, Darien, IL. For editorial, content feeds, advertising and lead purchase opportunities, contact Robert Bland at bob@lifequotes.com.

Originally founded in 1984 as Quotesmith Corporation, Life Quotes, Inc. owns and operates www.consumerinsuranceguide.com and www.lifequotes.com, two online consumer insurance information services that cater to the needs of self-directed personal and corporate insurance shoppers.

About Us  |   Contact Us  |   Press Releases  |   The Best Privacy Policy  |   Life Insurance  |   Careers
For Agents & Brokers  |   Site Map  |  


Copyright ©1984-2015 Life Quotes, Inc., 8205 South Cass Avenue, Suite 102, Darien, Illinois. Life Quotes, Inc. and certain of its personnel are licensed as insurance agents, brokers or producers in all states. CA agent #0A13858, LA agent #200696, MA agent #333509159. dba Life Quotes Insurance Services in CA under agent #0827712, in LA under agent #205078. dba Life Quotes Insurance Services, Inc. in UT under agent #90093. All rights reserved. Telephone (630) 515-0170. Founded 1984.
10.1.1.86