Cheap Group Health Insurance for Small Business

It’s important as a small business owner to offer group health insurance to your employees. You need to stand out from your competition if you wish to remain a successful business. To attract and retain employees is one of the greatest ways to keep a small business flourishing. Offering cheap group health insurance and employee benefits make it easier to retain your hardworking employees as well. It provides them with a way to care for themselves and

Average Cost of Group Health Insurance

There is one thing that businesses can do to increase the interest of those seeking a job within the same industry. That is by offering a cheap yet comprehensive group health insurance plan. This also helps to increase the morale in the work environment and the longevity of your employees’ stay with your business. While there are many advantages for businesses that offer group health insurance

Why Small Business Benefit Packages Matter

Employees are key to the success and vitality of a small business. Yet, small businesses often can’t compete with larger business budgets to hire top talent. When small businesses want an edge on the competition, they craft a competitive benefits package. This helps to recruit and keep top talent. According to a Society for Human Resources Management (SHRM) 2018 Employee Benefits survey, more than one-third of organizations (34 percent) increased benefit offerings in the last 12 months (1). Group health

Small Business Employee Benefits: Investing in Your Team for Long-Term Success

As small business owners, understanding the importance of investing in a comprehensive small business benefits package is key to your enterprise's longevity and success. It's not just about providing a paycheck anymore; today's top talents are seeking employers who value their well-being and future.

This guide will introduce you to the concept of fringe benefits – those additional perks beyond base salary that can make all the difference in attracting and retaining quality staff. These can range from health coverage

The Expiry Conundrum: What Happens When Your Term Life Insurance Expires

Term life insurance is a type of life insurance policy that provides coverage for a specified "term" or period of time. If the policyholder passes away within this term, a death benefit is paid out to their beneficiaries. However, if the policyholder outlives the term, no such benefit is provided. The common durations for these policies are typically 10, 20, or 30 years, and they are favored for their affordability relative to other types of life insurance. It's crucial to

What is a TPA? Everything You Need to Know About Third Party Administrators

  Navigating the world of insurance and healthcare can be complex, with numerous terms and definitions that often leave people confused. One such term that comes up frequently in these industries is 'Third Party Administrator' or 'TPA.' What is a TPA? And why should you, as a consumer, policyholder, or business owner, care about TPAs? These are just some of the questions that we at Taylor Benefits Insurance strive to answer for our clients every day. A

Top Benefits of Group Accident Insurance: Safety Net for Unexpected Events

Life is akin to a grand theatrical play, filled with unforeseen plot twists and turns. One of these unexpected events is accidents. Imagine an abrupt gush of wind that upends a meticulously built tower of blocks - an accident has a similar power, abruptly transforming our lives, invoking both physical discomfort and financial upheaval. In such a whirlwind of uncertainties, group accident insurance steps forth, much like a reliable anchor, adding stability to the stormy seas of life. Consider it

Do Employers Have to Offer COBRA? Understanding Your Rights and Benefits

Welcome to the Taylor Benefits Insurance Agency blog, where we strive to provide you with valuable insights and expert guidance on all things related to employee benefits. In today's article, we delve into an important topic that affects both employers and employees: COBRA (Consolidated Omnibus Budget Reconciliation Act). Have you ever wondered what happens to your health insurance coverage when you leave a job? Are you aware of your rights and benefits under COBRA? Whether you are an employer navigating

What Is Short-Term Disability: A Must-Read Ins & Outs For Every Employee

In an unpredictable world, who doesn't want a safety net? But when that safety net comes in the form of short-term disability insurance, understanding the ins and outs can often be a journey through a dense jungle. That's where Taylor Benefits Insurance Agency, comes in. We're here to provide you with a roadmap, shedding light on the labyrinth of terms like "elimination period," "waiting period," "benefit amount, "and "benefit period." Because when life throws a curveball in the form

Group Health Insurance Vs Blanket Health Insurance: What’s the difference?

With a multitude of options available for health insurance, it is crucial to understand the differences between various types of insurance policies, such as group health insurance and blanket health insurance. At Taylor Benefits Insurance Agency, we understand that choosing the right health insurance plan for your organization can be a complex and daunting task. In this article, we aim to provide you with a comprehensive comparison of these two insurance types, helping you make an informed decision based