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For many individuals, daily expenses take precedence over purchasing life insurance. Sixty-one percent of consumers listed living expenses, such as groceries and rent or mortgage, as their top priority, according to LIMRA’s 2015 life insurance barometer study.
Younger employees cited dining out, shopping and their cellphone as higher priorities than life insurance. In fact, 54% of millennials ranked paying for a cellphone, Internet and cable above life insurance, LIMRA found.
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MetLife’s president of U.S. business shares why improving employees’ benefits literacy results in them making smarter choices for their health and financial wellness.
In addition to finding success with a self-funded model, an in-house program gives Fello's employees access to cost-free primary and urgent care.
While there has been a lot of state and federal headway in leave expansion, qualifying employees are still facing steep costs.
The company's Life Event Services team guides colleagues through resources and benefits that make major milestones easier to manage, and has worked on more than 700,000 cases over 12 years.
The 2026 Excellence in Benefits winner is leading the insurance company's efforts to close the preventative care gap and personalize the employee experience.
