HR, Benefits & business
Providing benefits to employees can be challenging to most employers – especially if they are just starting. Employers are required to offer employees certain benefits such as unemployment insurance, vacation leave, and sick leave, workers’ compensation, and other added benefits such as dental or medical insurance. Listed below is a list of benefits offered to employees by most American businesses.
There are hundreds of thousands of people who have permanent disability every year. The incapacity to work can ruin the financial situation of people and that can affect the family and cause stress and difficulty in life.
The lack of income can leave some people to wonder if they will have the chance to recover from financial difficulties. Fortunately, for members of social security, they can claim disability benefits which can help them solve business problems caused by the disability condition.
The problem with some people is that they find it difficult in applying for disability benefits or how to start the complicated application process on Social Security disability benefits.
Many of us know the importance of life insurance, but still many choose not to be covered with it and ignore what the consequences will be if they die suddenly without insurance protection. Without a life insurance plan, it could be devastating to family survivors, leaving an enormous amount of finances to be settled or even worse, loss of a house because they cannot pay the monthly amortization.
Many people have no life insurance these days. According to the report by the insurance industry, 43% of the total population doesn’t have life insurance. It was learned also from the statement that most of us are badly in need of life insurance. Nearly 33% of Americans would feel the impact of the loss of job of the income earner within just a month.
For young and healthy people, getting health insurance is typically easy. But when you are past 50, you will find it hard to apply for a policy as it requires you to be physically fit and wait for the approval of the underwriter. The type of life insurance for older people is often different than for younger people.
As health tends to dwindle as we grow older, health and age are the key factors in determining if the applicant is qualified for the health insurance coverage. Insurance applicants who have health issues may look for an option that doesn’t require a medical exam. If you are above 50 years old, it’s essential for you to get health insurance.