Premiums are usually lower than individual insurance due to group rates.
Covers health, dental, life, disability, critical illness, and other optional benefits.
Enhances job satisfaction and helps attract top talent.
Reduces out-of-pocket medical costs and provides income protection in case of illness or injury.
Employer contributions are often tax-deductible; employees may receive tax-free benefits.
A single policy covers all employees, reducing paperwork and management complexity.
Ensures employees and their families are protected against unexpected health and financial challenges.
Funds taken out are added to your income.
Withholding tax applies to non-qualified withdrawals.
Savings are limited by government-set thresholds.
Withdrawn amounts generally cannot be re-contributed.
