FAQ Category: Group Benefits
-
What happens to the benefits when an employee leaves their job?
—
by
Coverage usually ends when a plan member leaves or retires. We recommend informing the plan administrator (often HR) early to discuss any coverage continuation options. A Gifford Carr Advisor can also help you navigate the next steps.
-
What is the minimum cost to sponsor an employee benefits plan?
—
by
Costs can vary based on your plan’s specific design. For a tailored plan that meets your needs and budget, please reach out to a Gifford Carr Advisor.
-
Who qualifies for coverage through an employee benefit plan?
—
by
Our plans cover active employees and can also extend to their spouses and dependents. When registering employees for the employee benefits plan, be sure to ask if employees are enrolling individually or with their families.