Group insurance is a health care coverage plan in which individual employees or members are included under one 'master policy' owned by their employers. Because the group insurance plan has so many contributors, the policy often provides coverage for more services at a much lower cost per participant. Group insurance may be provided by other organizations besides for-profit companies. Labor unions, churches and other service groups can also obtain group insurance for recognized members and possibly their dependents.
Life insurance is a contract between the policy owner and the insurer , where the insurer agrees to pay a sum of money upon the occurrence of the insured individual's or individuals' death or other event, such as terminal illness or critical illness. In return, the policy owner agrees to pay a stipulated amount called a premium at regular intervals or in lump sums. There may be designs in some countries where bills and death expenses plus catering for after funeral expenses should be included in Policy Premium. In the United States, the predominant form simply specifies a lump sum to be paid on the insured's demise.
Long-term care insurance (LTC or LTCI ), an insurance product sold in the United States and United Kingdom, helps provide for the cost of long-term care beyond a predetermined period. Long-term care insurance covers care generally not covered by health insurance, Medicare, or Medicaid.
Disability insurance , often called disability income insurance , is a form of insurance that insures the beneficiary's earned income against the risk that disability will make working (and therefore earning) impossible. In other words, it answers the question, "How would I pay for my living expenses if I became unable to work?"
Voluntary benefits plans are a viable tool for employers to use to improve their benefits packages & control costs.
Employee benefits (also called fringe benefits, perquisites, perqs or perks ) are various non-wage compensations provided to employees in addition to their normal wages or salaries. Where an employee exchanges (cash) wages for some other form of benefit, this is generally referred to as a 'salary sacrifice' arrangement. In most countries, most kinds of employee benefits are taxable to at least some degree.
A company group benefit plan shares the financial risk of health related expenses among the group of employees, under one contract, who pay into a fund or pool.
Individual Voluntary products are personalized, optional insurance benefits that are selected and paid for by employees. These benefits help employees with the out-of-pocket costs related to unexpected sickness or injury.
Hospital indemnity insurance is a type of insurance that pays a fixed amount for each day that you are in the hospital. Some plans will pay up to two years. Hospital Indemnity Insurance helps protect your financial independence if you are faced with a hospital stay.
Cancer insurance conceptually is very simple. Benefits are paid directly to you regardless of any other insurance you may have. You can then use the benefits to help pay for all of the extra costs associated with your cancer treatment.
Florida is a state located in the southeastern region of the United States, bordering Alabama to the northwest and Georgia to the northeast. Much of the land mass of the state is a large peninsula with the Gulf of Mexico to the west and the Atlantic Ocean to the east. Most of Florida has a humid subtropical climate; southern Florida has a tropical climate. Florida was named by Juan Ponce de León, who landed on the peninsula on April 2, 1513, during Pascua Florida (Spanish for "Flowery Easter," referring to the Easter season). Florida is the fourth most populous state in the U.S.
South Florida encompasses a three-county area of the southeastern part of the U.S. state of Florida. The metropolitan area covers the counties of Miami-Dade, Broward and Palm Beach. The three counties are the three most populous in Florida, respectively. The term "South Florida" is roughly synonymous with the Gold Coast. The Principal Cities include Miami, Fort Lauderdale, and West Palm Beach. The Florida Keys are also included in the Metropolitan Area at times.
Miami is a global city in southeastern Florida, in the United States. Miami is the county seat of Miami-Dade County, the most populous county in Florida. With a population of more than 409,719, Miami is the largest city within the Miami metropolitan area, which is the seventh-largest metro area in the United States with over 5.4 million residents. The Miami Urbanized Area (as defined by the Census Bureau) was the fifth most populous urbanized area in the U.S. in the 2000 census with a population of 4,919,036. The United Nations estimated that in 2007, Miami had become the fourth largest urbanized area in the country, behind New York City, Los Angeles, and Chicago.
Coral Gables (sometimes referred to as The Gables) is a city in Miami-Dade County, Florida, southwest of Miami, in the United States. The city is best known as the home of the University of Miami, and as an example of City Beautiful urban planning.
Doral is a city located in north-central Miami-Dade County, Florida, west of Miami International Airport; Doral is a suburb of Miami, Florida. The City of Doral takes its name from the famous golf and spa resort located within its municipal boundaries. The Doral Golf Resort & Spa was originally built by Doris and Alfred Kaskel, who coined "Doral" by combining their names. The City of Doral was incorporated along with Miami Gardens in 2003. As of the 2000 census, the population was 20,438. According to the 2005 U.S. Census estimates, the city had a population of 21,895. For a city of its size, Doral has a large number of shops, financial institutions and businesses, especially importers and exporters, primarily because of its proximity to the Miami International Airport. In 2008, Fortune Small Business and CNN Money ranked Doral as 51 on a list of 100 cities with the best mix of business advantages and lifestyle appeal. Its current Mayor is a Cuban-American, Juan Carlos Bermudez.
Hialeah is a city in Miami-Dade County, Florida, United States. As of the 2000 census, the city population was 226,419. As of 2006, the population estimate by the U.S. Census Bureau had the city's population reduced to 209,971, making it the fifth largest city in the state. Hialeah is part of the Miami metropolitan area and the Greater South Florida metropolitan area. The city's name is most commonly attributed to Muskogee origin, "Haiyakpo" (prairie) and "hili" (pretty) combining in "Hialeah" to mean "pretty prairie". Alternatively, the word is of Seminole origin meaning "Upland Prairie". The city is located upon a large prairie between Biscayne Bay and the Everglades.
Kendall is a census-designated place and an unincorporated suburban community in Miami-Dade County, Florida, southwest of Miami. As of the 2000 census, the area had a total population of 75,226. The Kendall area is home to one of Miami's general aviation airports, the Kendall-Tamiami Executive Airport.
Sunset is a census-designated place (CDP) in Miami-Dade County, Florida, United States. The population was 17,150 at the 2000 census. The zip-codes serving Sunset are 33173, 33183, and 33193.
Homestead is a city in Miami-Dade County, Florida, United States nestled between Biscayne National Park to the east andEverglades National Park to the west.
South Miami is a city in Miami-Dade County, Florida, United States. The population was 10,741 at the 2000 census and as of 2007, according to the U.S. Census Bureau is 10,769.
Pinecrest is a village in Miami-Dade County, Florida, United States. The population was 19,055 at the 2000 census. As of 2004, the population recorded by the U.S. Census Bureau is 19,432. Pinecrest is governed by a five member Village Council and operates under the Council-Manager form of government.
Broward is a county located in the U.S. state of Florida. As of 2000, the population is 1,623,018; this makes it the second most populated county in the state. According to 2007 U.S. Census estimates, its population has increased to 1,759,591. Its county seat is Fort Lauderdale, Florida.
Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. According to 2007 U.S. Census Bureau estimates, the city had a population of 183,606. It is the county seat of Broward County, and a principal city of the South Florida metropolitan area, which is home to over 5,413,212 people.
Palm Beach is an upscale incorporated town in Palm Beach County, Florida, United States. The Intracoastal Waterway separates it from the neighboring cities of West Palm Beach and Lake Worth. As of 2000, Palm Beach had a year-round population of 10,468, with an estimated seasonal population of 30,000. As of 2004, the year-round population recorded by the U.S. Census Bureau is 9,860.