Situation
This client is a Legal Technology consulting company headquartered in Philadelphia with 45 employees. While they were happy with their medical coverage, they asked about changing their ancillary coverages. It turned out their benefits consultant had not marketed their life or disability insurance for 7 years.
Solution
Our benefits consultant was determined to update their product lines with more sophisticated coverages due to their outdated benefit contracts. After negotiating their life and disability plan, we were able to get them enhanced coverages at a lower cost with another carrier.
Results
During the companies first year with their new life and disability policy, they saved a total of 40% on employer paid benefits. Our due diligence and analysis of their life and disability plan proved to be the winning factor to handle their entire employee benefits program including medical and dental insurance.