Cumberland Insurance Agency can assist your company securing voluntary benefits for your employees. Voluntary benefits refer to coverages such as:
- Critical Illness
- Short & Long Term Disability
Group Critical Illness & Accident Coverage
Pays a lump sum benefit upon the diagnosis of many critical illnesses, such as heart attack, stroke, kidney failure, coma, paralysis, and many other illnesses. Employees can choose a $10,000 to $50,000 benefit. Coverage pays $100 to $1,000 for Emergency Accident Benefit, and $50 to $150 per year for Wellness Benefit.
Short Term Disability
Provides paycheck insurance should an employee become disabled due to accident or sickness. Includes elimination periods of 0, 7, 14, or 30 days. Benefit periods can range 3, 6, 12, or 24 months.