Employee Benefit Solutions
What are Employee Benefit Solutions?
Zurich Employee Benefit Solutions are supplemental benefit insurance coverages (such as Hospital Indemnity, Group Personal Accident, Supplemental Gap Medical, Critical Illness, and Travel Protection and Business Travel Accident Insurance) that can be affordable options to help employees manage sudden, substantial out-of-pocket costs in an era of high deductibles and co-pays.
Zurich Employee Benefit Solutions offer businesses the flexibility to choose customizable health-related coverage options that offer workers a financial safety net for a range of illnesses and injuries with no restrictions on how the payout is used.
Why offer Employee Benefit Solutions?
The so-called “Great Resignation” may have been jump-started by COVID-19, but most of the issues related to this tightening of the labor market are not pandemic-specific. In a Pew Research Center survey, 43% of respondents cited a dissatisfaction with benefits as a reason for leaving their jobs.2 As workers face rising out-of-pocket healthcare costs, the option of a supplemental insurance offering to help them manage those costs can be a very attractive incentive to join or stay with a company.
Zurich Employee Benefit Solutions can help ease stress and worry, allowing employees to perform at their full potential. A strong benefits package shows current and potential future employees that the company is investing in their health…and their future. In short, both employers and employees can benefit from a supplemental benefits plan.
What can Employee Benefit Solutions cover?
Accident and Health insurance solutions to help meet your needs
Zurich Employee Benefit Solutions includes these benefit options:
Hospital Indemnity Insurance
Provides daily cash payments if a covered employee or dependent requires hospital care due to an accident or illness. In addition to hospitalization, other options include daily benefits for additional medical care facilities, surgery, ambulance, ER, urgent care, lab tests, x-rays and more.
Group Personal Accident Insurance
Provides payments for accidents of various levels of severity. May include Accident Medical Expense, Accidental Death & Dismemberment/Catastrophic Injury, Accident In-Hospital and Accident Disability.
Critical Illness Insurance
Provides a lump-sum payment upon diagnosis of a critical illness or impairment. Coverage options include heart and circulatory disease, cancer, paralysis, major organ failure requiring a transplant, loss of use of a limb and more.
Supplemental Gap Medical Insurance
Helps limit exposure to out-of-pocket medical expenses by providing coverage when employees have not met their healthcare deductible. Plans include benefits for inpatient expenses, outpatient expenses, or a combination of both. Plans can also include benefits for doctor office visit co-pays for maximum coverage.
Travel Insurance
Coverage for travel while on the clock or off, with options that include benefits for evacuation, emergency medical expenses, accidental death, travel inconveniences like trip cancellation and bag delay, and more. All plans include multi-lingual travel and security assistance provided by Zurich Travel Assist™ – 24/7/365 – wherever you are.
How do Employee Benefit Solutions work?
With Zurich’s Employee Benefit Solutions, the premium can be payroll-deducted, employer-paid or a combination. Regardless, the benefit is paid directly to an employee who experiences a covered event. The payment can be used as the employee chooses, whether it’s to help pay high deductibles and co-pays, or simply to help manage other day-to-day expenses exacerbated by those out-of-pocket medical costs.
Why choose Zurich for supplemental benefit insurance?
Broader coverages
Our offerings go beyond catastrophic AD&D (Accidental Death and Dismemberment). Coverage options span the spectrum, and family coverage is available.
Simplified administration
Organizations can select coverages that their population will value, and Zurich will work with the organization to simplify communication and administration.
Claims service
Customer care is essential with health-related benefits. Zurich’s Claims service earns industry-leading scores from our customers.3 We are there when it matters most.
The strength of Zurich’s Employee Benefit Solutions goes far beyond policy details. We offer a dedicated support team for coordination of plan development, marketing, administration onboarding, and program management. We provide you with a single point of contact, as well as administration that details processes, forms, and group/individual contact information. We’ll work with you to help simplify the administration of your program and we’re always ready to answer questions to help address your needs and those of your employees.
At Zurich, our customers' needs remain at the heart of everything we do.
Want to learn more?
Connect with our Customer Inquiry Center for more information.
1. Wooldridge, S. “Voluntary benefits: How they’ve become a must-have product for brokers.” BenefitsPRO. 28 June 2018.
2.Parker, Kim, and Juliana Menasce Horowitz. “Majority of workers who quit a job in 2021 cite low pay, no opportunities for advancement, feeling disrespected.” Pew Research Center. 9 March 2022.
3.Based on Zurich North America Closed Claims Net Promoter Score of 85 for 2021. Top Quartile TNPS threshold for insurance industry: 57 (2021). Source: Medallia.