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Employee Benefits in the news
Now it is time for the big event! Open enrollment is starting and it is time to put all your meticulous planning into practice. At this stage, your communications should be focusing on accomplishing a singular goal: informing employees about the benefits options they have available and getting them to enroll.
When it comes to selecting an open enrollment window, timing is crucial. Putting benefits selection at the end of the year may make sense to many employers, whose fiscal years often end in December, but between the holidays and end-of-year deadlines, employees may have too much on their plates to devote the proper time to choosing the plan that’s best for them.
Sure, sales are booming, but advisers have barely scratched the surface when it comes to the potential demand for voluntary products such as disability, critical illness and accident insurance.
- AXA S.A. is a French holding company for a group of international insurance and financial services companies, including AXA Equitable Financial Services, LLC. (AEFS).
- According to Interbrand, 2009–2016. AXA Press Release, October 5, 2016.
- As of 12/31/2015. Source: AXA Essentials 2017 edition.
This article has been obtained from an outside source. AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (NY, NY), AXA Advisors, LLC, and AXA Distributors, LLC., do not guarantee or accept liability for its accuracy. We do not make representation as to the accuracy or completeness of any statements, statistics, or data provided herein, nor will this information necessarily be updated or supplemented at any time. Any data is historical and is not indicative of future results. This article is for general information purposes only. It does not constitute an offer or solicitation of any kind and are not intended, and should not be relied upon, as investment, insurance, tax, or financial advice. You should consult with your own legal and/or tax advisor.
GE- 126827 (ER) (07/2017)