Voluntary benefits are becoming a mainstay in the employee benefits package. I don’t think anyone — brokers, employers or even employees — doubt that today. Voluntary benefits are popular because even though employees are paying for these benefits, they can get what they want by customizing their benefits package for their own particular needs.
Traditional voluntary benefits include products that complement company-sponsored core benefits and round out a benefit portfolio that suits employees’ individual needs. With non-traditional voluntary benefits, employees can personalize their benefits package even further, choosing optional benefits that resonate the most with their needs and lifestyles.