Your annual benefits enrollment at work can seem like a daunting task, but it doesn’t have to be. Read on for a quick explanation of some of the benefits your employer may offer and why they may be worth a look this year.
Insurance coverage
Medical and dental insurance get most of the attention during annual enrollment, but most employers offer several other kinds of insurance coverage as benefits available to you. We’ve outlined a few of the most common types here for you to consider.
Group life insurance
Life insurance pays a death benefit to the beneficiaries you designate if you pass away while you’re covered. The main reason people buy life insurance is to provide a financial benefit to your loved ones if you die, which can help maintain their quality of life if they no longer have your income to rely upon.
