Employers nationwide are searching for ways to do more for their employees without increasing the cost of their benefits program. Group Personal Insurance is a means for employees to purchase personal insurance products (e.g. auto and homeowners insurance) at group rates, with premiums paid through payroll deduction. Coverage for automobile, homeowners, renters, condominium, personal umbrella, watercraft, fine art and jewelry is available. There is virtually no cost to the employer for this program.
Advantages to the Employer
- A low-cost addition to existing employee benefits programs
- Coordination of billings with the employer's pay cycle(s)
- Availability to active and retired employees
Advantages to the Employee
- A broad array of products
- Low premiums at group rates
- Budgeting of premiums through the convenience of payroll deductions.
- Access to responsive, toll-free customer service
Wharton will use its experience to select the company that best addresses the needs of your company. In cooperation with the insurance company, we will develop a marketing plan to properly describe the program to employees so that full impact of the plan can be obtained. To find out additional information, simply contact a Wharton Financial representative today at 800-521-2725.
