Page 66 - 2020 Peel & Holland Benchmarking Survey Results
P. 66

OTHER VOLUNTARY PLANS


          CANCER, ACCIDENT, LUMP SUM, MEDICAL GAP




                                                                    Do you offer eligible employees
                                                                           Other Voluntary Plans
                                                                       the option to participate in
                                                                                  80%
                                                                           Yes
                                                                                       41
                                                                           No     20%  10
                                                                          other voluntary plans?
                                                                       80%
                                                                        Yes






             Employees have diverse needs
             69% of employees say having a wider array of benefits
             would increase loyalty to their employer.                                                   20%
             MetLife Employee Benefit Trends Study 2020                                                   No



                 Who is the carrier for your other voluntary plans?


                           Aflac                                                                      41%


                         Allstate                 10%


                  American Fidelity       5%

                 American Heritage    2%

                         Colonial                             17%


                    Illinois Mutual   2%


                   Life of Alabama    2%

                         SunLife      2%


                     Transamerica     2%

                           Unum               7%


                            Voya      2%

               Washington National        5%

                                0%      5%      10%     15%     20%     25%      30%     35%     40%     45%

          64 PEEL & HOLLAND | 2020 Western Kentucky Employee Benefits Benchmarking Survey Results
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