Voluntary Benefits
Voluntary Benefits were once considered a “nice-to-have” perk—an affordable way to provide extra financial support in case of an accident or serious illness. However, in today’s evolving insurance landscape, they have become an essential component of a comprehensive Employee Benefits Program, offering employees and their families with a crucial financial safety net.
Because even the best Health Insurance may fall short when facing a serious Accidental Injury or Critical Illness. Out-of-pocket expenses—such as co-pays, deductibles, medical and non-medical costs, and even lost income—can place an unexpected strain on personal finances.
Accident, Critical Illness, and Hospital Indemnity Insurances provide direct cash payments based on covered events, giving employees the flexibility to use those funds as needed.
Disability Insurance serves as a vital safeguard, ensuring income protection for those unable to work temporarily due to injury or illness. Given that one in four 20-year-olds will experience a disability before reaching retirement age, this coverage plays a critical role in financial security.
While 52% of American adults hold some form of Life Insurance, 41%—whether insured or not—believe their coverage is inadequate. Voluntary Life Insurance can help bridge these gaps with generous benefit limits and simplified underwriting.
Dental and Vision Insurance, often excluded or minimally covered under standard health plans, helps offset expenses associated with maintaining oral and eye health—both essential to overall well-being.
If you have any questions or need more information after reviewing your options, please complete the form at the bottom of the page and select the programs that interest you most. An FJM Benefits Advisor will reach out to provide personalized guidance and support.
Because even the best Health Insurance may fall short when facing a serious Accidental Injury or Critical Illness. Out-of-pocket expenses—such as co-pays, deductibles, medical and non-medical costs, and even lost income—can place an unexpected strain on personal finances.
Accident, Critical Illness, and Hospital Indemnity Insurances provide direct cash payments based on covered events, giving employees the flexibility to use those funds as needed.
Disability Insurance serves as a vital safeguard, ensuring income protection for those unable to work temporarily due to injury or illness. Given that one in four 20-year-olds will experience a disability before reaching retirement age, this coverage plays a critical role in financial security.
While 52% of American adults hold some form of Life Insurance, 41%—whether insured or not—believe their coverage is inadequate. Voluntary Life Insurance can help bridge these gaps with generous benefit limits and simplified underwriting.
Dental and Vision Insurance, often excluded or minimally covered under standard health plans, helps offset expenses associated with maintaining oral and eye health—both essential to overall well-being.
If you have any questions or need more information after reviewing your options, please complete the form at the bottom of the page and select the programs that interest you most. An FJM Benefits Advisor will reach out to provide personalized guidance and support.
VOLUNTARY BENEFITS PORTFOLIO
Select an image below for information on products being offered through Colonial Voluntary Benefits.
