WINDSOR, Conn., Sept. 15, 2014 - A new LIMRA study finds 7 in 10 employers offer voluntary benefits to improve morale for their existing employees and to attract and retain new talent.
WINDSOR, Conn., June 12, 2013 — A new LIMRA study finds that the majority (53 percent) of small businesses (2-99 employees) do not offer insurance benefits to their employees, often believing they cannot afford them.
WINDSOR, Conn., Aug. 10, 2011 — Thirty percent of U.S. employers (10 employees or more) said they are considering adding a new voluntary option within the next two years, according to a new LIMRA report: Voluntary Worksite Benefits: Penetration and Market Potential (2011).
New LIMRA research finds nearly half of employers use technology for benefits enrollment, yet few (22 percent) take advantage of technology for benefits education and communication (slide).
New annualized premium for voluntary insurance products totaled $7.2 billion in 2018, a 3% increase from 2017 sales results, according to LIMRA’s U.S. Worksite/Voluntary Sales Study.
What are the current penetration and participation rates for voluntary benefits? Do employers plan to introduce new employee-pay-all options to their workforce soon?