Work Benefits: Life Insurance, Income Replacement &
Disability
I- A major concern for most employees is caring for their
families in the event of the employee’s death. Many employers provide life
insurance for employees.
1- Does your organization offer a group insurance policy?
2- If so, what is the basic plan design of your
organization’s life insurance policy, and for how much are you covered?
All coworkers have different wants and different needs when
it comes to life insurance plans. This is an area that no one want to talk
about but at some point, those left behind will need this benefit.
3- What would coworkers want to consider as a part of the
plan design?
II-In addition to replacing household income when an
employee either retires or is no longer working, he or she may also carry some
type of income-replacement plan in the event they become disabled.
1- Does your current (or former) employer offer disability
coverage for employees? (use the website reference about Adult Medical Day
Cares in New Jersey)
2- What are the specifics of your coverage?
3- Do you feel the need to purchase supplemental disability
insurance? Why or why not?
There will be situations that impact us all as individuals
physically throughout our lives. This will have an adverse impact on our job
performance. That said:
4- why are disability programs so important for coworkers
and what types of plans should be considered?
