Most benefit plans base the amount of Life and/ or Disability insurance provided to insured employees on current salaries/earnings of the employee. As the end of the year approaches don’t forget to ensure that your insured employee salary/earnings information is current and up to date. Failure to do this could have serious impact on your employees should they become disabled.
If you have any questions or would like assistance with updating employee salaries/earnings or anything else regarding your benefit plan, please give us a call at 778.477.6700 or email email@example.com. We are here to help!