Ancillary Lines of Coverage

Brown & Brown has the industry knowledge and strategic processes to offer you with finest, cost-effective life, pension, and dental/vision insurance services. As a broker, we are able to find excellent options for your company and its’ employees. Brown & Brown of VA can help round out the health insurance component of an employers’ benefit program with our access to many carriers, self-funding options, and other strategic techniques. These benefits can be employer funded or offered on a company paid or voluntary basis:

Dental Insurance

Dental insurance costs are always on the rise and are one of the most coveted type of coverage a company can offer. Determining which dental plan to make available and whether to administer the plan yourself usually entails a complicated set of decisions.

Brown & Brown of VA recognizes the detailed degrees involved in dental plans, including costs, relative services covered, and competitive insurance carrier offerings. Fortunately, we can assist you in which dental plans may be the best to choose for your company and its’ employees. Let us make the dental insurance process an easy one by managing the benefits administration for your entire staff.

Vision Insurance

Vision insurance is generally a complementary insurance as opposed to other types of insurance coverages. Vision insurance will help offset the costs of routine checkups as well as help pay for vision correction wear that may be prescribed by the attending physician.

This type of insurance may be elected as a group or individual basis that usually involves partial coverage. Our vision carriers offer a menu of plans that cover benefits such as routine eye exams, prescription glasses and contacts.

Life Insurance

In today’s financial environment, it is key to identify that there are some things you do not have to worry about. Life insurance can be the base of financial security for a family. A life insurance policy is a contract with an insurance company in exchange for premiums (payments), the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries in the event of the insured’s death.

Life Insurance Options Include:

  • Traditional life
  • Whole Life
  • Universal life
  • Interest-sensitive life

Disability Insurance

Disability insurance is often the most overlooked type of insurance out there. It is vital to have a strong disability contract that protects the company’s most important asset; its employees’. This coverage provides for periodic payments of benefits when a disabled insured is unable to work. The insurance product is designed to replace anywhere from 45% to 65% of your gross income should illness keep you from earning an income in your occupation.

Short-term Disability

  • Weekly income protection in the event of a disability from a covered accident, sickness, or pregnancy.
  • Benefits begin after a “short” period of time (1 day up to 30 days from start of disability).
  • Typically covers non-occupational disabilities only.

Long-term Disability

  • Monthly income protection in the event of a disability from a covered accident, sickness, or pregnancy.
  • Benefits begin after “a long” period of time (typically 90 days-180 days from start of disability).
  • Pays benefits for a “long” period of time—usually until normal retirement age.

Disability Facts

  • Just over 1 in 4 of today’s 20 year –olds will become disabled before they retire.
  • Approximately 8.9 million workers, more than 5% of the U.S. workforce, were receiving Social Security Disability (SSDI) benefits at the end of 2013.
  • Nearly 2.5 million workers under age 50 were receiving SSDI benefits at the end of 2013.