LifePlus will not only enhance your current benefit package with new employer or employee-paid programs, we will create an all new benefit package, price your current offering and enroll the options that you choose.
Scope Of Group Services
LifePlus Insurance Agency, Inc. provides the following scope of services to its group clients:
Plan Development
LIFEPLUS INSURANCE AGENCY, INC., in accordance with Massachusetts General Laws, will review all products for consideration and make recommendations as to the kind and level of benefits and employer’s participation. Voluntary products may be recommended on an employee-paid basis to supplement employer-paid programs with an eye towards reducing employer liability and stabilizing the rates.
Pricing Plan
LIFEPLUS INSURANCE AGENCY, INC., upon approval of a plan design, will negotiate for competitive bids from the marketplace, based upon the entities’ requirements. LifePlus Insurance Agency, Inc. accepts full responsibility for informing our insureds of any change in the financial standing of our insurers.
Plan Implementation
LIFEPLUS INSURANCE AGENCY, INC. will take over the existing plan with the new carrier or if necessary re-enroll the group by meeting with each employee to discuss the benefits they will be receiving and reinforce the “hidden paycheck” they are receiving from their employer. Based upon the needs of the account each employee may receive a benefit booklet or certificate, fully outlining their policy benefits and definitions.
Renewals
LIFEPLUS INSURANCE AGENCY, INC., upon approval of a plan design, will negotiate for competitive bids from the marketplace, based upon the entities’ requirements. LifePlus Insurance Agency, Inc. accepts full responsibility for informing our insureds of any change in the financial standing of our insurers.