Protect Your People. Strengthen Your Business.
Flexible employee benefit solutions designed to help businesses address the financial risks employees face beyond traditional health insurance.
Give Your Employees More Protection Without Putting the Entire Cost on Your Business
Attracting and retaining good employees is increasingly important for small businesses. A strong benefits package can help employees protect themselves and their families from unexpected financial challenges—while giving employers flexibility in how benefits are offered and funded.
Voluntary benefits allow employees to choose additional coverage that fits their individual needs, often with the convenience of payroll deduction. Depending on the plan, employees may be able to purchase coverage for themselves, their spouses, and eligible dependents.
These benefits are designed to supplement—not replace—major medical insurance and can help address financial gaps created by an accident, illness, hospitalization, disability, or death.
Types of Voluntary Benefits
Disability Income Protection
An unexpected illness or injury can interrupt an employee’s ability to work and earn an income.
Disability coverage can provide a portion of an employee’s income when they are unable to work because of a covered disability.
Why it matters: Your employees may have health insurance, but health insurance doesn’t replace their paycheck.
Life Insurance
Life insurance can provide financial protection for an employee’s family if the employee dies.
Employer-sponsored and voluntary life insurance options may provide employees with an opportunity to obtain additional protection beyond what their employer provides.
Depending on the plan, coverage may include options for spouses and dependents, portability, or conversion features.
Why it matters: Employer-provided life insurance may not be enough to meet a family’s long-term financial needs.
Accident Insurance
Accidents can create expenses that extend beyond the medical bill.
Accident coverage can provide benefits following a covered accident, including certain expenses associated with emergency care, fractures, dislocations, physician visits, and rehabilitation.
Benefits may be paid directly to the insured, depending on the plan.
Why it matters: An accident can affect both a family’s finances and an employee’s ability to work.
Critical Illness Insurance
A serious illness can create a significant financial burden—even when someone has major medical insurance.
Critical illness coverage can provide a lump-sum benefit following the diagnosis of certain covered conditions, such as a heart attack or stroke.
The money may help with expenses such as deductibles, household bills, transportation, or other costs associated with recovery, subject to the policy terms.
Why it matters: Medical insurance helps pay medical expenses. Critical illness coverage can provide additional financial support during a difficult period.
Cancer Insurance
Cancer treatment can create expenses that go beyond what traditional health insurance covers.
Cancer-specific supplemental coverage may provide benefits related to a covered diagnosis and treatment. Some plans may also include benefits related to screenings or follow-up care.
Why it matters: A cancer diagnosis can affect more than a person’s health—it can affect income, savings, and the entire household budget.
Hospital Confinement Coverage
A hospital stay can create unexpected out-of-pocket expenses.
Hospital confinement coverage may provide benefits for covered hospital stays, surgeries, diagnostic procedures, intensive care, and other qualifying medical events.
These benefits may be paid in addition to other insurance, depending on the policy.
Why it matters: Even with health insurance, hospitalization can result in deductibles, copayments, transportation costs, childcare expenses, meals, and other financial pressures.
Dental & Vision Benefits
Voluntary dental and vision coverage can help employees and their families manage the cost of routine and necessary care.
Depending on the plan, benefits may include preventive services, basic dental procedures, orthodontia, vision services, and other covered expenses.
Why it matters: Preventive care can help employees maintain their health while reducing the financial barrier to routine services.
Why Voluntary Benefits Matter to Small Businesses
Voluntary benefits can give small-business owners another way to enhance their employee benefits package without assuming responsibility for the entire cost of every benefit.
Depending on the plan and employer arrangement, voluntary benefits may:
● Give employees more choices
● Allow employees to select coverage based on their individual needs
● Provide protection for spouses and dependents
● Offer payroll-deduction convenience
● Complement an existing health insurance plan
● Help employees address financial risks that traditional medical insurance may not cover
● Strengthen the overall employee benefits package
Employer-Paid vs. Employee-Paid Benefits
Ask Better Questions.
● Does your benefits package protect your employees’ income?
● What happens financially if an employee is diagnosed with a serious illness?
● Could your employees handle the unexpected costs of an accident or hospitalization?
● Is the life insurance available through work enough to protect their families?
● Are your benefits helping you attract and retain employees?
● Are rising benefit costs making your current benefits package difficult to maintain?
● These are not simply insurance questions.
● They’re employee financial wellness questions.
These are not simply insurance questions.
They’re employee financial wellness questions.
Don't Just Ask, "Do We Have Benefits?"
There are different ways an employer can structure voluntary benefits.
Employer-paid benefits are funded partially or fully by the employer.
Employee-paid benefits allow employees to elect and pay for additional coverage themselves, often through payroll deduction.
A combination of employer-paid and voluntary employee-paid benefits may also be available.
The right structure depends on the employer’s budget, workforce, benefits strategy, and applicable plan requirements.
Let's Review Your Benefits Strategy
Whether you are a small-business owner reviewing your current benefits or considering benefits for the first time, a benefits review can help identify potential gaps and opportunities.
We can help you evaluate:
Protection | Employee Benefits | Income Risk | Family Protection | Financial Wellness
The goal isn’t to recommend a particular product or company.
The goal is to help you understand your options and determine what makes sense for your business and your employees.
Request a Benefits Review
Let’s start with a conversation about your business, your employees, and the benefits you currently offer.
Ready to Take the Next Step?
At JMomentum Consulting, we are here to guide you every step of the way. Life insurance
does not have to be complicated — with the right advisor by your side, it can be one of the most
empowering decisions you make for yourself and your family.
Disclaimer : Availability, eligibility, costs, coverage amounts, exclusions, limitations, underwriting requirements, portability, and other policy provisions vary by plan, insurer, state, and individual circumstances. Supplemental and voluntary benefits do not replace comprehensive major medical coverage unless specifically stated otherwise. Coverage should be reviewed based on the applicable policy or certificate of insurance.