Protection and Assurance for your Employees
Your business is a multifaceted machine that requires protection at every level. The people who make your business go deserve the assurance that they are covered at all costs. At New Century Insurance Services Inc. , we understand that quality coverage options for your employees will ensure that your business attracts and maintains the best workers.
Usually a defined contribution and tax-favored retirement plan which is partially or fully funded by the sponsoring employer. The employer's contributions (and those of the employees, if they too contribute to the plan) are commonly deductible from their respective incomes. Also called employer funded retirement plan.
Group insurance is an insurance that covers a defined group of people, for example the members of a society or professional association, or the employees of a particular employer. Group insurance may offer life insurance, health insurance, and/or some other types of personal insurance.
Group Health Insurance
A group health plan is defined as an employee welfare benefit plan established or maintained by an employer or by an employee organization (such as a union), or both, that provides medical care for participants or their dependents directly or through insurance, reimbursement, or otherwise.