Voluntary Benefits

GBAC has the ability to provide worksite voluntary benefits to Businesses, Associations and Unions of all sizes.

We are able to provide a variety of solutions to our clients such as policies that help employees with out of pocket expenses and possible time off from work due to a sickness or an Injury.

Product Offerings:

  • Accident
  • Cancer- Specified Disease
  • Hospital Confinement Indemnity
  • Life
  • Short Term Disability
  • Vision

Voluntary benefits are a way for employers to offer an added incentive to employees without having to pay extra.

Everybody wins when voluntary benefits are a part of a company's employee benefits package.

Save Money

Not only do you enhance your benefits package by making voluntary insurance policies available to your employees on a pre-tax basis, but you actually save money too.



Why Voluntary Benefits for my employees?

Recent economic times have forced companies to move to higher deductible plans and shift some of Health Insurance cost to the employees.

In the past few years health insurance premiums have seen double digit increases forcing employers to remove Dental, Vision and Life Insurance products.

According to LIMRA, some Advantages of employers offering voluntary benefits include:

  • Improvement in worker morale/satisfaction (77 percent)
  • No added direct cost to company (75 percent).
  • Ability to attract and retain employees (71 percent).
  • Giving employees options to purchase less expensive insurance than they could get on their own (69 percent).
  • Being able to offer employees a wider array of benefits (66 percent).

Can my employees afford it?

Most of the voluntary products offered range from $4.00 to $10.00 a week. With the rise of employees living paycheck to paycheck, the need for product to help them is greater.

What is the cost to the company to offer voluntary products?

There is no direct cost for offering voluntary benefits to your employees. In most cases we often save employers money by offering voluntary insurance products through payroll deduction.