Group Health Insurance for Law Firms
At iSure, we have a plethora of experience providing insurance for attorneys, lawyers, and law firms, from small to large. We have clients with firms over 100 employees that have offices around the country and the world, mid-size firms of 20 people, and offices with just a few employees. While they all have very unique challenges when it comes to securing benefits, we have noticed a few common things that law firms face, when putting together benefits packages for their employees.
One key challenge is that Law firms employ very educated, highly skilled, and generously paid personnel that work in a very stressful/fast paced environment. As a result of this it is important to find quality health insurance benefits that protect your people and keep them working and healthy as they are truly your biggest asset. It is equally critical to offer an ancillary insurance program that not only contains dental and vision coverage but income or lifestyle replacement tools. Such as basic/enhanced life insurance and rich short and long-term disability programs. Higher-income earners require disability coverage with higher limits because their regular expenses and lifestyle maintenance costs are more than the average employee. In addition, a strong basic life program with high-end voluntary benefits is necessary. Securing programs like these for your firm whether large or small, demonstrates the commitment to supporting your employees’ well-being and financial security, which can be a crucial factor in attracting and retaining top talent.
At iSure, we understand the challenges of trying to find an affordable solution that meets the needs of all of your employees and protects your budget. We put in the necessary work to comb through insurance packages that most brokers won’t take the time to review, may not understand or have knowledge of at all. This intense quoting process, includes leveraging the volume of business that we generate, along with relationships we have with every credible insurance carrier in the market. This practice on average saves our clients 20 to 30 percent or more on their current insurance costs. We don’t just use this high-level process to win your business, we repeat it every year to make sure you still have the most competitive rate for the products that best suit the needs of your employees. Get a quote for group health insurance and benefit solutions for attorneys, lawyers, and law firms today.
Other Benefit Challenges and Needs in the Legal Sector
In your sector here are some other common challenges and needs that we often encounter and assist with, including but not limited to:
- Benefits Administration to help streamline and coordinate your human resource activities, including enrollment support, benefit education and consultation
- Compliance and Regulatory Recommendations on a state and federal level
- Providing a rich benefits package at an affordable rate to retain and attract talent
It is important to note that we never charge you for using our services, our commission for assisting you comes from the insurance companies. We act as a broker and run quotes with all of the major carriers guaranteeing you the best rate for the benefits that best suit your needs as an employer.Â
Case Study
70 Person Health Care Organization
If a deal seems too good to be true, it probably is. Especially when it comes to insuring large sized businesses. A medical facility discovered that a package deal on a bundled benefits package might appear pretty on the outside, it could prove empty on the inside.
Details
- iSure negotiated better benefits for their employees saving the company $105,000 on insurance benefits and an additional $50,000 with our payroll and HR benefit partners.
- With our integrated approach, we saved the company 32% off their benefit cost from the previous year or $155,000.