We created our platform to help insurance brokers and industry partners grow. The result is an intuitive shopping tool that allows employees to shop and purchase high-demand supplemental insurance benefits and attractive lifestyle products.
Once a user profile is set up, it’s easy to shop 24/7 — at the office or at home — with input from a significant other. Qualifying products can be purchased with pretax earnings deducted from payroll disbursement or ACH (direct employee bank withdrawal).
Brokers have a dashboard to view the activities of the employer groups and members they service. This includes product purchases and real time status of commissions earned.
Dental — the most popular benefit plan. We offer a variety of plans from several carriers, designed to fit any employee’s budget and risk requirements.
Vision – the second leading supplemental plan. Policies frequently cover eye exams and new glasses every two years.
Critical Illness — an insurance product where the insurer makes a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list. Helps cover major medical expenses associated with diagnosis and treatment and covers gaps in health insurance.
Hospital Indemnity — a type of plan that pays a set amount – per day, per week, per month, or per visit – if one is confined in a hospital.
GAP — a hybrid of the critical illness and hospital indemnity program. Allows for more flexibility than standalone products, although higher-priced.
Accident — helps a policyholder handle deductibles, co-pays and out-of-pocket costs that add up after an accidental injury. This includes emergency treatment, hospital stays and medical exams, and other expenses one may face, such as transportation and lodging needs.
Disability — guaranteed-issue coverage for those that are out of work due to illness or injury. Particularly effective for sales people and tip earners who don’t get paid when out of work.
Life — guaranteed-issue products, where 1-2x salary is provided at no cost to the employee. Some elect to increase the coverage for an additional premium. Our group policies offer higher than normal face amounts and provide flexibility to both term and universal life options.
Voluntary benefits are those that contribute to the overall financial health and well-being of an individual but are not typically offered in direct conjunction with healthcare coverage.
Identity Theft — these products provide professional help in resolving issues surrounding an identity theft incident, as well as credit/financial account monitoring on a discounted basis.
Pet Insurance — among the most popular of all voluntary benefits, provides cash payments to offset veterinary bills for your pet.
Pre-Paid Legal — access to an attorney at a pre-paid, lower rate.
A short demonstration can do wonders to illuminate the powerful features that help you grow your business. With little administrative overhead — and our helpful staff just a phone call away — BenAdvance supports you at every turn. Let’s get acquainted!