Coverage for Your Employees

A single policy for all employees of the same company, along with their dependents, provides bottom-line coverage for employers and employees alike. Under a group benefit plan, the employer or association will be issued a master policy that will be distributed to all employees working for that particular company.

Greater Pittsburgh Insurance Consultants, Inc. proudly offers these group benefits, plus many more:

• Group disability
• Life & accident
• Leave management
• Retiree health coverage
• Voluntary benefits

Happy employees make for a productive workplace, thus helping assure that their protection creates a more positive working environment. Greater Pittsburgh Insurance Consultants, Inc. understands that income stability for workers is not enough. What happens if an employee cannot work due to a disabling illness or injury?

Greater Pittsburgh Insurance Consultants, Inc. provides group disability solutions that will assist employees in replacing parts of their income while they are absent from work. This provides the expertise needed to reduce employee absences, ensuring that your business can continually run as efficiently as possible.

Our group disability coverage options include:

• Short-term disability
• Long-term disability
• Statutory disability
• Absence management services

We understand that in order to maintain a happy, productive workplace, you need to hold on to quality employees. The best way to keep employees happy is by addressing their concerns with a benefits package that fits their needs. If you work with them, they will work for you.

Here are some of the voluntary benefits we offer:

• Disability services
• Life insurance plans
• Health insurance plans
• And more … 

The number of retirees will continue to increase, whether or not your business and its resources do as well. This burden can be overbearing for you and your business. Greater Pittsburgh Insurance Consultants, Inc. understands the need for you to keep retirees happy while maintaining the efficiency needed to run a successful company. We offer retiree medical plans that will help benefit your business and your former employees.

As an employer in today’s business world, Greater Pittsburgh Insurance Consultants, Inc. knows how important it is to provide health insurance to the most valuable asset of your business – your employees. By providing each employee with a plan that meets his or her expectations, it can help your business lower turnover and keep a staff that’s healthy and insured with peace of mind.

At Greater Pittsburgh Insurance Consultants, Inc., we’re proud to offer a variety of group health Insurance plans for small to mid-sized businesses – for quality assurance and additional benefits. Our health insurance specialists will work with you one-on-one to develop a group plan that’s not only affordable but complements your business’s needs.

Which Plan is Right for your Business?

Group health insurance plans typically include either indemnity plans, such as Fee-for-Service (FFS), or managed care plans, including Health Maintenance Organization (HMO), Preferred Provider Organization (PPO), and Point-of-Service (POS).

The major difference between Indemnity and managed care plans is the types of providers, choices of doctors and physicians, out of pocket expenses, and medical bill payments.

Since group health insurance options vary from state to state in coverage options and benefits, as well as the size of your business, it’s important to discuss your business’s Health Insurance needs with a specialist at Greater Pittsburgh Insurance Consultants, Inc. who can help you find a solution that’s ideal and feasible for you and your employees.

When it comes to protecting your assets, one of the most important things you can insure isn’t a material object like your car or home – it’s your ability to work and earn a living. At Greater Pittsburgh Insurance Consultants, Inc., we know that like most people, you depend on your income to pay bills, put food on the table, and provide for your family. But if you get sick or injured and can’t work, you’ll need to be protected in order to maintain your standard of living.

With disability income Insurance from Greater Pittsburgh Insurance Consultants, Inc., you can continue to pay your bills and keep you and your family from going into serious debt. If you can’t work as a result of injury or other illness, a disability insurance policy will pay a portion of your income, usually between 50 and 70 percent.

Policies can vary greatly depending on the individual, and the duration and amount for which you are reimbursed are determined by the nature of the disabling accident. Like life insurance, disability is purchased for a period of time, such as a two or five-year term, and benefits will only be paid if you become disabled during the term of the policy.

Choosing the right disability coverage is important. In the event you become disabled, you'll want to ensure that you and your family have enough coverage. A representative at Greater Pittsburgh Insurance Consultants, Inc. will look at the individual factors in your life and work situation, and help design the best policy that meets your personal insurance needs.

Many individuals consider life insurance to be the cornerstone of a sound financial plan. And while no one likes to think about passing on, Life Insurance can relieve you of the financial worry your loved ones may face in the event of your passing. 

Your beneficiaries will be able to use your Life Insurance policy to help pay for anything from expensive funeral costs and estate taxes to making up for lost income or funding your child’s education. It can even be used to continue payments on your mortgage to help ensure that the family home stays in the family.

At Greater Pittsburgh Insurance Consultants, Inc., we know that choosing a Life Insurance plan is a big decision with many important factors to consider. Our knowledgeable team of insurance professionals is committed to walking you through the process and providing you with the best insurance solution to give you and your family the reassurance they deserve. 

Types of Individual Life Insurance

Greater Pittsburgh Insurance Consultants, Inc. offers several different coverage options for your consideration including term life, whole life, and more.

Term Life – This is typically the simplest and least expensive insurance option. Term life insurance provides coverage at a fixed rate for a specified period of time. It’s a benefits policy that’s used primarily to cover financial responsibilities of the insured, with the benefit to be paid only if the insured were to die during the specified term. Most term life policies can be converted to a more permanent insurance solution such as whole life or universal life insurance.   

There are two types of term life insurance: 

• Annual Renewable Term is purchased for a period of one year, with the death benefit to be paid only if the insured were to die during that one-year term, along with the option to renew after the term period.
• Level Term Life guarantees a fixed premium for a given period of time, usually in terms of 10, 15, 20, or 30 years. Your premium is based on your age and coverage options, with longer terms being more expensive.
• Whole Life – As the most common type of permanent insurance, a whole life policy guarantees a death benefit for the lifetime of the insured as well as a cash value account for savings. Your premium remains constant throughout the duration of policy while payments over and above your premium are credited to your savings, which earn a fixed rate of interest.