Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Life Health > Health Insurance > Life Insurance Strategies

MetLife Initiates Benefits Package for Small Business

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

MetLife has introduced the Benefits Bundle for Small Business, a combination of employer-paid coverage and voluntary benefits.

The package is aimed at making it easier for small businesses to offer popular benefits with flexible pricing, MetLife, New York, says.

Employers choose to provide a certain level of core benefits–life insurance, long term disability income insurance or dental benefits–by selecting at least 2 out of 3 coverages for their eligible employees. Employees are able to buy up added coverage with no minimum participation requirements for other selected products at group rates through payroll deduction.

The Bundle also includes such features as will preparation, an employee assistance program and travel assistance with identity-theft protection.

To make it easier for employers to budget for benefits, the package offers 3-year rate guarantees for life and disability insurance coverage and annual rate caps on dental coverage, MetLife says.

Beginning March 1, MetLife is making the Bundle available initially to businesses with 10 to 99 employees in the Atlanta, Chicago, Dallas, Portland and Seattle markets.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.