You rely on your paycheck. You suffer an off-job injury or illness. State Disability (TDI) only covers 40% of your GROSS wages. By electing "supplemental disability" coverage, you can own a policy that will replace 30% of your gross wages to bring your "net pay" up to 70% (close to your take home wage). Without it, you'll only receive 40% of your gross paycheck
Disability coverage has three components: 1) you elect HOW MUCH in tax-free weekly benefit you wish to receive (not to exceed 30%), 2) you select HOW LONG you wish to receive the benefit: three or six months and 3) WHEN you want the benefit to start (one or two week wait for sickness, always first day for accidents). Will cover you for Covid if diagnosed by a doctor and undergoing treatment and unable to work
Benefit will be paid should you be unable to perform the duties of your job, under the care of a physician and not working in any job, Assurity will pay the tax-free benefit. It pays for maternity (six or 8 weeks) as well as mental health & substance abuse and more...
Accidents are the third cause of death in the US, and the costs are staggering. Medical pays the docs and hospitals, but there are always out-of-pocket expenses, let alone time off work. If you and/or your family is active, purchasing an accident plan is a great financial safety net for when the unexpected happens, you won't have to dip into savings or incur credit card debt, or worse, claim bankruptcy.
An accident plan is great because it simply pays you CASH benefits based on the severity of the injury and treatment. The benefit is 24/7 with coverage options for employee, employee + spouse, single family and family. This plan also pays an annual $50 health screening benefit for up to four insured and covers Covid tests and more...see details
You name it - the benefits are in this plan: ER treatment, diagnostics, hospitalization, surgical care, supportive care, even telemedicine, chiropractic and acupuncture. Includes a $50 annual health screening benefit for all insureds. Review brochure for full details
Heart Disease is the #1 cause of death in the US and cancer the second (with 40% of us being diagnosed with the disease) and Stroke the leading cause of disability, having a financial "safety net" for out-of-pocket expenses is critical. Most employees need to take time off, potentially air fare expenses for family care and more. The plan offered has ZERO health questions, meaning regardless of your health, you WILL qualify for the benefit amount!
Critical Illness is really your "living life insurance policy" as you simple choose a LUMP SUM benefit up to $30k and should you suffer a covered critical illness, you receive the benefit (tax-free) to spend as you see fit. Children are included at no cost and spouse coverage is 50% of the benefit you choose. Includes $50 annual health screening benefit. Lock the rate in at the age you are now and the premium will NEVER increase!
Paid at 100%: Heart Attack, Stroke, Cancer, Kidney Failure, Major Organ Transplant, Advanced Alzheimer's & Parkinson's, Coma, Paralysis, Loss of Sight, Speech and Hearing, Benign Brain Tumor, Occupational HIV. at 25%: Coronary Bypass, Non-invasive Cancer and Skin Cancer benefit is $250. Benefit also pays $50 immunization benefit for Covid
We know medical insurance pays the doctors and hospitals but Alaska has the highest healthcare costs in the world. No matter how good your insurance is, a trip to the hospital, ICU or surgical costs are always subject to the deductible. Hospital plans are important to have in place BEFORE you get pregnant, as it can pay for birth and especially neo-natal care, which can be very costly.
Hospital Plans come in a variety of "flavors" but typically, the broker will create a plan design that will cover costs as it relates to your out-of-pocket expenses with your medical. Typically there is a lump sum benefit for hospitalization ($1000 for example), then an amount per day for ICU and stay and can include outpatient surgical care, telemedicine, and more.
The great benefit in having Hospital coverage is that the CASH comes to you to spend as you see fit. Whether you have a short (or long) hospital stay, the last thing you need are big bills to have to pay when you were off work and recovering. A hospital plan can cover your whole family, will include maternity and can be used for Covid, but know that it will cover ANY accident or sickness (even on-the-job)
We all know that the risk of death is 100%, and life insurance is important as we cannot control the "timing" of our passing. Life insurance is for four things; 1) immediate expenses (funeral/burial), 2) loss of wages, 3) future expenses (such as college tuition) and 4) debt as well as leaving a legacy and those who you love more financially secure
Life insurance typically has two "flavors": TERM and PERMANENT. We are offering 20year Term coverage that employees can purchase through the convenience of payroll deduction and you can continue the policy through individual when you leave the company. Know that if you have life insurance already in place, you can ALWAYS purchase more.
The important part of about the term coverage being offered during this open enrollment, is the fact that the coverage is provided to you REGARDLESS of your health. Meaning, if you've been turned down for life insurance in past, NOW IS TIME TO APPLY. Spouse and children coverage available with zero health questions up to certain limits
AURA video for employees
Employees who elect Cyber Wellness coverage from Aura, they can choose two plans but Elite-VB recommends the Ultimate Package. Upon enrolling, you establish your account and Aura starts protecting your identity and more: privacy, identity theft and so much more. Plan is portable and covers employee or family. Aura also has an Executive Plan for only $25/month with expanded benefits
Aura coverage provides for you to log onto a private VPN (Wi-Fi Security), unemployment claims alert, all three credit agencies alerts within minutes, dark web monitoring, cyber bulling and social media monitoring tools, $1 million ID Theft insurance as well as a dedicated ID theft manager assigned to your account
Assurity Group Short-Term Disability, Accident, Critical Illness & Life (current rates are MONTHLY)
Elite-VB is Hawaii's exclusive Voluntary Benefit Broker. With over 25 years of experience and over 900 successful enrollments, Elite-VB was hired by your company to provide outstanding voluntary benefits and enrollment services. Contact HR for your specific company questions and Elite-VB will be servicing your account for claims and customer service
Elite-VB is based in Kailua, Oahu with Pamela Whitfield as agency owner. Should you have specific questions regarding coverage, premiums, exclusions, how to enroll, and more, she can be reached at 808-517-1701 as well as firstname.lastname@example.org
Your employer specifically chose the benefit offering and the ability to offer the products at 100% "guarantee issue" (i.e. "no health questions") means that ALL employees must acknowledge that you reviewed the benefits and made a clear "yes" or "no".
Your employer has made a decision to switch voluntary benefit carriers for their employees with premium paid via payroll deduction for the NEW carries. Most likely, you can continue your existing coverage with your current carrier and pay the premiums to them directly (credit card and/or bank draft)
We LOVE helping policyholders file claims! Contact our organization and we will walk you through how to file a claim with the carrier that you are have a policy with