Employee satisfaction is core motive of Padgett insurance company, your protection is our motive.Padgett Insurance Agency has wide variety of employee benefit options that is flexible and focus on employee satisfaction. Few to name are Pension and 401(K) Plan, Small and Large Group Medical, Dental and Vision Benefits, Annuities, Computer Purchasing Program, Companion Connection Senior Care, Health Assure Plan, Patient plus Card and Dental Sure Plan. An employee benefit plan protects employees and their families from economic hardship brought about by sickness, disability, death or unemployment. It also provides retirement income to employees and their families. And it provides a system of leave or time off from work.
A benefit plan can also include bonuses, service awards, rembursement of employee educational expenses and prerequisites appropriate to employee responsibility. As an employer, you can choose either an insured or a pre-paid plan. they offer a Traditional Indemnity Plans which means that employee can choose his or her own physician. The employee pays for the medical care and then files a claim form with the insurance company for reimbursement.
Medical insurance frequently includes dental plans. Such as Cleaning, x-rays and oral examinations, filling, root canals, Crowns and dentures. One of the important plan is the disability plan here the employee who cannot work due to illness or accident is provided with income replacement. These plans may be either short term or long term. And next is the life insurance plan, usually there are two types of plans one is the survivor insurance plan and other is group life insurance plan. The first means the regular payments to survivors. And next is the lump sum amount given to specified beneficiaries.
Employee benefits play a major role in the life of the employees and also there families. Finding the right benefit plan for employees is a complex task. There are many issues to consider, including tax and legal aspects, funding, and finding the right vendors or administrators.
Lastly, retirement plan which plays a very major role in every persons life. This plan decides the rest of life after retirement. Many of us will spend one-fourth to one-fifth of our lives in retirement, it is more essential than ever to begin preparations at an early age. Social Security, employer-sponsored retirement programs and personal savings are the three sources of post-retirement income.
Padgett Insurance Agency is a retail and wholesale insurance agency provides variety of insurance products in Phoenix Term Life Insurance. We have several plans for affordable health and dental insurance for phoenix employee benefits. For more details please visit our website.