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PLAN DEVELOPMENT
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LIFEPLUS INSURANCE AGENCY, INC., in
accordance with State Laws, will review all
products for consideration and make recommendations as to
the kind and level of benefits, employer’s participation as
well as offer supplemental products to the employees on a
voluntary basis. |
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PRICING PLAN
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LIFEPLUS INSURANCE AGENCY, INC., upon your approval of a plan design, will negotiate for
competitive bids from the marketplace, based upon the
entities’ requirements. |
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PLAN IMPLEMENTATION |
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LIFEPLUS INSURANCE AGENCY, INC. will take over the existing
plan with the new carrier or if necessary re-enroll the
group by meeting with each employee to discuss the benefits
they will be receiving and reinforce the “hidden paycheck”
they are receiving from their employer. Based upon the
needs of the account each employee may receive a benefit
booklet or certificate, fully outlining their policy
benefits and definitions. |
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RENEWALS |
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LIFEPLUS
INSURANCE AGENCY, INC. will negotiate two to three year
contracts as guarantees to protect the account against poor
claims experience and change of market conditions. However,
due to these ever-changing market conditions we will
re-quote the benefits yearly in order to ensure competitive
pricing each year. We also attend Benefit Fairs on location
to meet with each employee on a one on one basis to discuss
increasing or decreasing coverage. Each year we may also host
an open enrollment period for each account to allow any
employee to make changes to their plan. |
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