Voluntary Benefits
Voluntary Benefits
Voluntary Benefits
Expand employee choice with supplemental benefits that can be offered on an employee-paid or employer-supported basis.
Voluntary Benefits
Expand employee choice with supplemental benefits that can be offered on an employee-paid or employer-supported basis.
Voluntary Benefits
Expand employee choice with supplemental benefits that can be offered on an employee-paid or employer-supported basis.
More Choice for Employees
Voluntary benefits allow employers to expand their benefits program by giving employees access to additional coverage based on their individual needs. These benefits are generally employee-elected and may be paid through payroll deduction, helping employers broaden their offering without necessarily assuming the full cost of additional coverage.
Global Advisers helps businesses evaluate voluntary benefit options and determine which offerings may complement their existing employee benefits program.
More Choice.
More Financial Protection.
Voluntary benefits can give employees additional protection for accidents, serious illnesses, hospital stays, and other financial risks that may extend beyond core medical coverage.
Expand Employee Choice Without Replacing Core Coverage.
Voluntary benefits can supplement an existing benefits package by allowing employees to select additional protection that reflects their own financial circumstances and priorities.
Establish Coverage
We help employers evaluate available voluntary benefits, carriers, plan features, employee costs, enrollment options, and how supplemental coverage fits within the broader benefits program.
When Core Coverage Doesn't Cover Everything.
Supplemental benefits can provide additional payments following certain covered events. Coverage, benefit amounts, exclusions, and payment provisions vary by policy.
Pays according to the terms of the health plan.
Additional Protection After an Accident.
Accident insurance can provide specified benefits for covered injuries, treatments, emergency care, hospital services, and other eligible events, according to the terms of the policy.
What Can Employers Evaluate?
Provides specified benefits following covered accidental injuries and related treatment, subject to the policy's benefit schedule.
Can provide a benefit following diagnosis of specified covered serious illnesses, subject to policy definitions and provisions.
Can provide specified benefits for covered hospital admissions, stays, and related services under the plan.
Depending on the carrier, supplemental coverage may provide benefits connected with covered cancer diagnoses and treatment.
Depending on the benefit and carrier, premiums may be employer-funded, employee-funded, or shared.
Benefit levels, covered events, payment schedules, exclusions, and limitations differ significantly among plans.
Voluntary benefits can often be integrated into employee enrollment and payroll deduction processes.
Some policies permit employees to continue eligible coverage after leaving the employer, subject to carrier provisions.
Certain supplemental policies may provide benefits for eligible screenings or preventive services.
Supplemental Protection Is Increasingly Relevant.
Employee research shows substantial interest in benefits that can provide additional financial protection when unexpected health events occur.
strongly agree supplemental insurance is a key part of a benefits program.
Supplemental benefits can give employees another way to prepare for financial risks that may accompany illness, injury, or hospitalization.
say the need for supplemental insurance benefits is growing.
The finding comes as employees face continued pressure from medical costs and other household expenses.
Interest Is Much Higher Than Current Coverage.
MetLife's 2025 employee research found a substantial gap between employee interest in supplemental health products and actual ownership.
Supplemental Coverage Can Support Financial Confidence.
among workers who have supplemental health benefits.
Guardian's 2025 workplace research found workers with supplemental health coverage were 30% more likely to report high overall well-being than workers without it.
feel confident their health plan would cover a major medical event.
Guardian reported that confidence had declined from 62% in 2022 to 51% in 2025.
Employee Demand and Employer Availability Are Not Yet Aligned.
Employers can use voluntary benefits to expand choice without making every additional benefit a fully employer-funded program.
offer supplemental insurance options to their employees.
That leaves a substantial difference between employee interest and employer availability.
added one or more benefits during the preceding two years.
Employers continue to expand benefit packages as workforce needs and competitive pressures evolve.
believe their benefits strategy has considerable influence on attracting and retaining talent.
Benefit selection therefore becomes part of the employer's broader workforce strategy.
turn to brokers or benefits advisers to help identify and evaluate benefit choices.
Benefit advisers can help employers evaluate which options best fit the workforce and the organization.
More Choice Can Strengthen the Benefits Package.
LIMRA research finds more than 60% of workers are at least somewhat more inclined to remain with their employer because of their overall benefits package. Voluntary benefits can broaden that package while allowing employees to select protection that reflects their individual needs.
Supplemental Coverage Options
Available benefits vary by insurer and employer group, but may include:
- Accident insurance to provide benefits following certain covered injuries
- Critical illness insurance for specified serious illnesses and medical conditions
- Hospital indemnity insurance that can provide benefits associated with covered hospital stays
- Supplemental life insurance
- Short-term and long-term disability insurance
- Additional dental and vision coverage
- Other supplemental benefits available through participating carriers
These policies generally provide benefits according to the terms of the individual coverage and are not substitutes for comprehensive medical insurance.
Expanding the Benefits Package
A well-structured voluntary benefits program can give employees greater flexibility while complementing the employer’s core benefits. Global Advisers helps businesses compare available products, carrier options, employee costs, and enrollment considerations as part of the broader benefits review.
Voluntary benefits can be considered alongside Group Health Insurance, Group Life Insurance, Disability Insurance, and Dental & Vision.
Discuss Voluntary Benefit Options
Global Advisers can help you evaluate supplemental benefits and determine which options may be appropriate for your workforce and overall benefits program.
Insurance products and services are separate from investment advisory services. Insurance coverage, eligibility, premiums, benefits, limitations, exclusions, and availability vary by insurer, policy, employer group, and state. Voluntary insurance products generally provide limited or supplemental benefits and are not substitutes for comprehensive health insurance unless specifically stated otherwise in the applicable policy. Global Advisers and/or its licensed insurance professionals may receive commissions or other compensation from insurance carriers in connection with insurance products or placements. Clients are not required to purchase insurance products through Global Advisers as a condition of receiving investment advisory services. Information regarding employee benefits is general in nature and is not intended as legal, tax, or accounting advice.
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