benefits in a box | allstate benefits

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When you include voluntary benefits in your business plan, you set the stage for your business to grow. Industry leader Allstate Benefits has developed BENEFITS IN A BOX to offer your employees access to valuable insurance protection with no direct cost to your company.

BENEFITS IN A BOX

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Voluntary Benefits

WhyEmployers Offer

According to the 2013 Study of Employee Benefits Trends*:

• Employees who are very satisfied with benefits are nearly five times less likely to worry about unex pected health and financial issues. As a result, they can be more productive.

• Nearly 50 percent of employees said having access to voluntary benefits encourages them to stay with their employer.

• Three in four employees value the ability to save time and the convenience of buying voluntary benefits at work.

Employers recognize that there is a strong relationship between an employee’s job satisfaction and their satisfaction/understanding of their benefits.

Education on new and existing benefit programs during enrollment increases employee understanding and acceptance while possibly decreasing costly employee turnover.

Voluntary benefits are generally employee-paid and do not detract from the company’s bottom line or profitability.

Educated employees see the value of voluntary benefits and are more than willing to pay for them through the convenience of payroll deduction.

A strong total benefits package aids in attracting and retaining quality employees in today’s competitive marketplace.

Employers today operate on a lean and efficient business model, making it more important than ever to hire and keep the right people on the job.

Voluntary benefits usually provide less expensive options than employees can obtain on their own.

Economic realities have forced many employers to reduce benefits, raise co-pays and deductibles, and increase an employee’s share of the premiums.

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*MetLife’s 2013 Study of Employee Benefits Trends

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Voluntary Benefits

WhyEmployees Want

Employees look for a robust benefits package but understand that in today’s economy they will most likely have to contribute toward the cost.

Voluntary benefits allow employees to customize their benefits package which allows them to address their unique needs and situations.

Many voluntary benefit programs are more expensive and harder to obtain (or even unavailable) outside of the workplace.

Most voluntary benefits are offered with limited or sometimes no underwriting requirements, making them easier to qualify for and obtain.

Voluntary benefits are usually portable with no change in coverage level or premiums.

Employees appreciate the ability of being able to take valuable protection with them to a new job, or in some cases, even into retirement.

Employees understand the potential economic hardship a serious injury or critical illness could have on their personal finances.

Voluntary benefits provide a very real and necessary component of the average American family’s financial security by offering a “safety net” against unforeseen or unexpected costs.

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According to the 2013 Study of Employee Benefits Trends*:

• Nearly two-thirds of surveyed employees are interested in having their employer provide a wider array of voluntary benefits.

• 60 percent of employees are concerned about having access to affordable health insurance.

• Employees who are very satisfied with benefits are nearly five times less likely to worry about unexpected health care costs.

• Six in ten employees are willing to pay more for their benefits costs rather than lose them.

*MetLife’s 2013 Study of Employee Benefits Trends

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Allstate protects employees, too. As a leading provider of voluntary insurance products, Allstate Benefits offers companies a broad product portfolio with competitive pricing, easy enrollment and hassle-free claims processing.

At a glance• Founded in 1956 as American Heritage Life • Acquired in 1999 by The Allstate Corporation; now using the marketing name of Allstate Benefits• Licensed in 49 states, the District of Columbia, Guam, Puerto Rico and U.S. Virgin Islands• The Allstate Corporation is a Fortune 100 company, currently #92• American Heritage Life Insurance Company is rated A+ by A.M. Best (2013)*

Our value proposition• Strength of corporate financials and recognized, trusted brand• Comprehensive and competitive product portfolio• Outstanding service and technology• Customer-driven

Our competitive advantages• A brand employees already recognize, know and trust• Fastest growing company in the category for the last three years**• Protects three of the top 10 U.S. retailers***• A strategic partner that offers flexibility, innovative and creative solutions to resolve the complex issues HR leaders and their companies face

• Critical Illness

• Universal Life

• Medical Products

#1Our 2012 LIMRA rankings

* A.M. Best ratings reflect Best’s opinion of the relative financial strengths and operating performance** 2012, 2011, 2010, 2009 U.S. Worksite Sales, LIMRA*** 2012 Global Powers of Retailing Report, National Retail Federation

• Cancer

• Total Health

• Accident

About Us

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BENEFITS IN A BOX from Allstate BenefitsBENEFITS IN A BOX is an innovative, cost-effective solution for small businesses that want to enhance their existing employee benefits package and improve employee satisfaction – without impacting their profitability or bottom line.

This program offers you and your employees access to valuable insurance protection with limited underwriting, affordable premiums paid through easy payroll deduction, complete portability, and most importantly, peace of mind. And, all of this comes with no direct cost to your company.

Here’s how the program works:• We have developed a simplified portfolio of four of our top-requested products: Dental, Disability, Accident and Life insurance• We work with you to determine what benefit coverages will best fit your employees’ needs regardless of their economic or social demographics• We develop an enrollment strategy to educate your employees about the advantages of voluntary benefits and provide marketing materials to help ensure a successful enrollment• We partner with you before, during and after the enrollment period to ensure you and your employees have all the information they need to make informed decisions• We continue to service your account on an ongoing basis for billing issues, new hire enrollments, program changes or simply questions

1 We provide easy-to-understand, meaningful employee benefit packages

2 We provide easy-to-facilitate enrollment solutions

3 We provide easy billing administration and fast online claims processing

4 We provide comprehensive benefits that may help mitigate potential gaps in Affordable Care Act provisions

Allstate Benefits?

Whydo business with

Introducing

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PPO Dental

Did you know that dental insurance makes up one of the top six components of an attractive employee benefits package?1

That’s why Allstate Benefits has teamed up with America’s #1 dental insurance carrier – Guardian Life Insurance Company of America2 – to offer Group PPO Dental. Here are just a few of the advantages of this product:

• The Dental Guard Preferred Network offers a large, nationwide network of dentists so your employees have plenty of choice in their dental provider

• Preventive care is offered at low or no cost; discounted rates are available for most major treatments

• Multiple plan designs with various price points can be tailored to meet individual and family needs

Disability

Everyone has assets they want to protect, and the ability to earn an income helps keep them safe. What would happen to the things you care about most if a disabling injury or illness took away your steady paycheck?

Short-Term Disability insurance from Allstate Benefits can help provide peace of mind along with cash benefits if you are disabled and unable to work. Here is why you should consider offering this coverage:

• The plan pays up to twelve months of benefit ranging from $400 to $5,000 (up to 60% of income - limits may be lower in some states)

• Affordable premiums are paid through the convenience of payroll deduction

• Benefits begin the 15th day after the waiting period has passed

• Disability due to pregnancy is a covered benefit

• The coverage is completely portable meaning an employee can take the coverage with them if they change jobs

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Allstate Benefits Product Offering

1 About.com Human Resources guide2 LIMRA and NADP US Group Dental Plans Annual Sales and In-force, April 2002-2011

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Accident

No one plans to have an accident. However, an accident can happen at any time, whether at work or at play. Most major medical insurance plans only pay a portion of the bills. The remaining unexpected out-of-pocket expenses such as co-pays, deductibles, prescription drugs and rehabilitative services, can wreak havoc on personal expenses.

Accident insurance from Allstate Benefits can pick up where other insurance leaves off and provide cash benefits to help cover your expenses. Take a look at the advantages of this coverage:

• Coverage is provided for accidents on- or off-the-job

• Benefits are paid directly to the employee

• Payments are made in addition to other insurance the employee may have



Life

Did you know that 75% of American parents* worry about how their families would manage financially without them, yet most do not feel they have adequate coverage? While we insure our homes, cars and other valuables, many of us forget the source that provides the cash for these things.

Allstate Benefits offers permanent and term insurance with a wide range of options and riders to provide flexibility and affordability, allowing employees to design plans that work the best for them and their families. Here are some of the benefits of the universal life insurance included in Benefits in A Box:

• Individual or Family coverage is available

• Additional riders including Critical Illness can be easily added


• Not only does it offer potential tax benefits, but also the flexibility of taking cash out for loans and other financial needs


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Allstate Benefits is the marketing name used by American Heritage Life Insurance Company (Home Office, Jacksonville, FL), a subsidiary of The Allstate Corporation. Products may vary by state and may not be available in all states. For complete details, contact your Allstate Benefits agent. The accident insurance is a limited benefit.

©2013 Allstate Insurance Company. www.allstate.com or allstatevoluntary.com.

Checklist

Review the available benefit options in this guide

Determine which benefits you want to offer your employees

Dental

Disability

Accident

Life

Complete the required forms

Decide on an enrollment period for your employees and order marketing materials

Communicate benefit options to employees prior to and during the enrollment period

Work with your Allstate Benefits representative to have enrollment forms completed by your employees

Consider signing up for EasyBill Online for easy billing, reconciliation and payments

benefits in a box | allstate benefits

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