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Voluntary Benefits for Small Business

Jul 22, 2014

​Your small business customers may feel the need to cut back on benefits—but this could put them at risk of losing good employees to the competition. Give them the solution to reduce their benefit costs by integrating voluntary benefits into their core plan.

According to the Life Insurance and Market Research Association (LIMRA), 43% of small businesses are more interested in voluntary or supplemental insurance benefits than a year ago.

VSP offers voluntary plans for small groups, and employees can pay all or a substantial portion of the premium through payroll deductions. Administration is easy through our ​Mange Your Plan tools available on the Benefits Managers site.

For more information about voluntary plans for your small business clients, ​contact a member of your b&p Sales Team - 888.722.3373.

Sources: “Voluntary Plans Pique Small Firms’ Interest,” Employee Benefit News, June 29, 2009; “The Voluntary Benefits Report Card,” LIMRA International, 2007.

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