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November 10, 2004 at 07:00 PM
Guess What? Exec Women Golfers Like Voluntary Worksite Benefits
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Professional women appear to have a strong affinity for voluntary employee benefits in the workplace, according to a new survey by Massachusetts Mutual Life Insurance Company, Springfield, Mass.
The company recently surveyed over 1,100 members of the Executive Womens Golf Association, Palm Beach Gardens, Fla. Because of its demographic profile, the surveyed universe is a representative cross section of executive women, a MassMutual spokeswoman says.
(Not incidentally, the company is negotiating with the EWGA to offer disability and long term care insurance products at a discount to its members.)
The survey, which the association e-mailed to 15,000 members, is called the MassMutual Benefits Barometer. Professional women responded positively to employee-paid benefit coverage being offered at work, it found.
Asked what kind of voluntary insurance coverage they had available at work, 44% said disability insurance, 35% said LTC insurance and 56% said life insurance.
The survey found 37% of respondents said they own voluntary disability income insurance through their employer. Another 45% said they would buy such insurance if their employer offered it; 26% said they dont own any disability income policies.
