Voluntary Benefits

Eastbridge’s annual U.S. Worksite Sales Report for 2010 was recently released and, according to the findings, sales for the year were down compared to 2009. This is the first time since we have been tracking voluntary/worksite sales that we have seen a decrease from the prior year’s results.

Takeover sales now account for almost 41 percent of new voluntary sales premium reported in 2010, according to the most recent U.S. Worksite Sales Report from Eastbridge Consulting Group.

Chicago-based Hub International Limited announced it will purchase Strategic Employee Benefits Services of Louisiana, a Metairie, La.-based benefit consulting and service firm.

As companies battle strained budgets during the recession, more and more are offering innovative perks to keep employees engaged, particularly as traditional employee benefit costs continue to rise.

Although death is not a particularly easy subject to discuss between agent and client, the topic at some point must be broached because, well, people don't live forever.

Disability insurers seem to be making more use of guaranteed standard issue (GSI) programs at the worksite.