Benefit Specialists of NY

There is no greater benefit you can offer your employees than life insurance. It provides an extra measure of security for them and their families, assuring them that resources will be available in the event of their untimely death.

Flexible benefits: it’s your choice

Benefit Specialists of NY can offer your company several plans to choose from, making it easier to meet the needs of all your employees. (For companies with fewer than 10 employees, coverage can be offered with some limitations.)

You can design your Benefit Specialists of NY plan to be flexible with:

Contribution level. Coverage can be provided on a 100% employer paid basis (lowest premiums) or employee contributory basis (higher premium).
Coverage Amounts (for groups of 10 or more). You can use several different formulas to fit your needs such as a flat amount for each employee (say $25,000) or a percentage of one’s salary (say 1x).
Age Reductions. Use a formula that reduces Life and AD&D schedule amounts at ages 65, 70, etc.
Guaranteed Issue. Based on number of employees and benefit volume.

Options

Accidental Death and Dismemberment.
Dependent Life Insurance.
Additional Contributory Life Insurance.

Please contact a Benefit Specialists of NY representative today to get all the details, limitations, special provisions and exclusions.

Accidental Death and Dismemberment
Provides benefits for loss of life, limbs or eyes resulting from an accident.

Dependent Life Insurance
Employees can purchase coverage at group rates to cover their spouse and/or dependents after they have first selected coverage for themselves.

Additional Contributory Life Insurance
Employees can purchase additional coverage at group rates above and beyond that provided by their employer. This is paid for by the employee through payroll deduction.