Just 39% of single and never-married employees have life insurance compared to 61% of all 2,071 working Americans responding to a recent online Harris Interactive survey for the Colonial Life & Accident Insurance Company.
A similar gap was seen for disability insurance, which only 26% of this demographic segment said they had compared to 42% of all employees.
But most of the single and never-married employees who are enrolled in these benefits believe they will be important in the next five years (74% said this about life insurance and 71% said this about disability insurance).
Employers that see disability coverage gaps in their workforce will want to tune into an EBN Podcast in which Sheryle Ohme, senior vice president of claim operations for Assurant Employee Benefits, shares more than 30 years of lessons learned on best practices, including why it’s paramount to ensure a successful return to work for disability claimants.
Register or login for access to this item and much more
All Employee Benefit News becomes archived within a week of it being published
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access