Employee Benefits

DISABILITY INCOME INSURANCE Provides a monthly benefit based on your income if you are unable to work due to an accident or sickness.

GROUP LIFE INSURANCE may be offered by businesses for the benefit of their employees.  Policy premiums may be paid in whole or in part by the employer and/or employee.

HEALTH INSURANCE
Types of policies offered by various insurers to individuals and families include hospital insurance, medical expenses, and supplemental medical insurance. Many individual policies include high deductibles along with a health saving plan option that allows the insured to set aside tax-free money to pay for expenses subject to the deductible.

HEALTH INSURANCE
Group plans sponsored by the employer or organization, for the benefit of employees or members, are widely available and are an important fringe benefit. Individual policies may be arranged in unique cases where doing so is appropriate. Policy premiums for this coverage are paid in whole or in part by the employer. The employer may not discriminate in offering coverage to employees and the same coverage must be offered to each employee. Employees have the option to include family members at an additional cost usually paid for by the employee.

KEY PERSON LIFE INSURANCE
reimburses businesses for financial losses resulting from the retirement, disability or death of a key person in the business. It can also be used to build up a sinking fund to be available when that person retires.

MAJOR MEDICAL COVERAGE may be added to either of the medical reimbursement plans for an additional premium.

PARTNERSHIP COVERAGE provides cash to the remaining partners to carry out a buy/sell agreement in the event of the retirement, disability or death of a partner. The advice of an attorney is customary in tying the insurance in with a carefully arranged and structured agreement.

TRAVEL ACCIDENT INSURANCE
pays employees or their beneficiaries for injuries that occur during the course of travel authorized by the policyholder/employer. Benefits include a principal sum for loss of life and specified payments for loss of limbs or eyesight. Coverage may include travel from the employee’s residence to work and the return trip.

Rising Cost? Complaints? Employee Demand For More Benefits?

Worksite Benefits are an excellent way to offer additional benefits to your Employees without added expense to your organization.

  • Long Term Disability
  • Group Health Insurance
  • Travel Accident
  • ER Sponsored Long Term Care
  • Voluntary Life and Disability
  • Group Life Insurance

We offer worksite sales & services to any business that is interested in offering this benefit to its employees. (Includes Personal Auto/Homeowners Policies)

 

contact us

Anchor Agency, Inc.
Pioneer Plaza
652 Albany Shaker Road
Albany, NY 12211

Phone - 518.730.3200
Fax - 518.730.3199
Email - info@anchoragency.com
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