Why Should I Offer Group Insurance Plans?

Employees often expect to receive some form of group benefits as part of their compensation package. Surpassing their expectations with a superior benefit package may help you recruit and retain employees. Additionally, offering an attractive benefit plan to the members of your organization can improve your ability to recruit new members.

Growing Your Business

According to a study conducted by LIMRA in the spring of 2000, the number of small businesses in the United States with fewer than 100 employees has grown to at least 5.4 million. Many of the small businesses surveyed offer group life and/or group disability income insurance as part of their benefit plans.

The survey found also that small business owners rely heavily upon the expertise of professionals, such as insurance brokers and benefit planners.

Bultman Financial Services, Inc. can help you craft a benefit plan that will build employee loyalty and recruit new workers. We can work within your cost structure to provide options for your situation.

Tax Savings for You

Taking care of your employees by offering group insurance plans can result in tax savings for you, the employer.

To encourage employers to provide their employees with insurance plans, the government offers tax deductions based upon the dollars employers spend on insurance premiums for their employees.

Contact us today to discuss how we can help you create a group benefit plan for your employees or members.