Human Resources: Employees Benefits of life insurance, income replacement, disability

I-A major concern for most employees is caring for their families in the event of the employee's death. Many employers provide life insurance for employees.

1- Does your organization offer a group insurance policy?

2- If so, what is the basic plan design of your organization's life insurance policy, and for how much are you covered?

All coworkers have different wants and different needs when it comes to life insurance plans. This is an area that no one want to talk about but at some point, those left behind will need this benefit.

3-What would coworkers want to consider as a part of the plan design?

II-In addition to replacing household income when an employee either retires or is no longer working, he or she may also carry some type of income-replacement plan in the event they become disabled.

1- Does your current (or former) employer offer disability coverage for employees? (use the website reference about Adult Medical Day Cares in New Jersey)

2-What are the specifics of your coverage?

3-Do you feel the need to purchase supplemental disability insurance? Why or why not?

There will be situations that impact us all as individuals physically throughout our lives. This will have an adverse impact on our job performance. That said:

4- why are disability programs so important for coworkers and what types of plans should be considered?