A Northwestern Mutual Financial Representative, can help you construct a quality and affordable benefit plan that may include the following products.
The most powerful motivators for new 401(k) plans sponsors are business reasons--more than half of those surveyed believe that the plan has a positive impact on their ability to attract and retain quality employees as well as on the attitude and performance of their employees. Benefit plans may include: Flexible matching contribution amounts, a variety of vesting options, numerous investment vehicle choices, multiple plan administrator choices, loan provisions and balance transfers.
Group Disability Insurance
Enhance your benefit plan by adding disability insurance coverage. Benefit plans may include: Flexible beginning dates of benefits, partial disability benefits, rate guarantees and vocational rehabilitation assistance.
Group Life Insurance
Most companies offer basic group life insurance in which the employer pays some or all of the cost of coverage. Supplemental life insurance, additional insurance coverage that can be purchased by the employee, is also a popular benefit option. Benefit plans may include: Flexible schedules and maximums, benefit amounts based upon an employee's earnings, accidental death and dismemberment coverage and conversion options.
Long-Term Care Insurance
Promoting long-term care insurance to employees and their families can help foster goodwill.
Employee benefit services are offered by local, independently-owned and operated companies that are not subsidiaries of The Northwestern Mutual Life Insurance Company. Your Northwestern Mutual Financial Representative may work with a variety of local employee benefit companies.