EMPLOYEE BENEFITS AT WORK

BENEFITS OFFERED BY YOUR EMPLOYER CAN HELP PROTECT YOUR SAVINGS.

WHAT ARE EMPLOYEE BENEFITS?

Employee benefits are insurance policies that are offered through your employer's benefit program. Sometimes they are automatically included in your employer's benefits package, and other times you are given the option to purchase the type of coverage that works best for you and your family. These policies can provide benefits and support when unexpected events threaten your livelihood and savings.

CHOOSE THE RIGHT EMPLOYEE BENEFITS.

Choosing the right benefits is truly a personal decision. You'll want to learn about the insurance products and consider your current lifestyle, income, family health history and future goals before purchasing employee benefits. Ultimately, you'll need to weigh the costs of the policies against whether or not you may need them in the future.

CRITICAL ILLNESS INSURANCE AT WORK*

Being diagnosed with a critical illness can be devastating, both personally and financially. Breathe easier knowing Compass Critical Illness Insurance can help you pay your out-of-pocket expenses and allow you to focus on your health.

• Key Features:
• • A limited benefit policy (not health insurance)1
• • Lump-sum benefit when you are diagnosed with a covered condition or illness on or after your coverage effective date.
• • Spend benefits on what you need – medical expenses, groceries, utilities
• • Benefits paid regardless of any other insurance you have
• • Coverage may follow you if you leave your employer2

ACCIDENT INSURANCE AT WORK

Accidents can happen to anyone, at any time. Compass Accident Insurance can help you pay for the out-of-pocket costs you may experience after an accident which occurs on or after your coverage effective date.

• Key Features:
• • A limited benefit policy (not health insurance)1
• • Spend benefits on what you need – medical expenses, groceries, utilities
• • Benefits for common injuries like fractures and dislocations, burns, lacerations and concussions 2
• • Benefits for emergency room visits, ambulance, hospital care, surgery and physical therapy 2
• • Benefits paid regardless of any other insurance you have
• • Coverage may follow you if you leave your employer 2

HOSPITAL CONFINEMENT INDEMNITY INSURANCE AT WORK

Hospital stays are rarely an enjoyable experience. For starters you probably aren't feeling well or are receiving some kind of treatment. On top of that, costs add up quickly—from medical bills; to travel, food and lodging costs; to the day-to-day expenses that don't stop while you're in the hospital. The financial pressures can be overwhelming. That's where Hospital Confinement Indemnity Insurance can help. 

• Key Features:
• • A limited benefit policy (not health insurance)1
• • Benefits based on the number of days spent in if you have a covered stay on or after your coverage effective date in a hospital 2
• • Guaranteed issue: no medical questions or tests are required for coverage
• • You can use the benefit payments for any purpose you like to pay for things you need – coinsurance, lodging, child care
• • Assistance with out-of-pocket expenses that may not be fully covered by health insurance
• • Coverage may follow you if you leave your employer 3

DISABILITY INCOME INSURANCE AT WORK

Going without a paycheck isn't an option for most people. A sprained wrist, pregnancy or surgery may require time away from work without a paycheck. Disability income insurance helps relieve the anxiety of not being able to earn a paycheck.

• Key Features:
• • Benefits paid directly to you that replace income when you can't work
• • Benefits for what you need – credit card bills, groceries, utilities, car payments, etc.
• • Access to a benefit specialist who helps you through the process to get your benefits
• • Access to rehabilitative assistance and training programs at no cost to you
• • Partial disability allows you to work and receive disability benefits as you transition back to work

WHOLE LIFE INSURANCE AT WORK

Life can easily throw you off course. Premier Whole Life Insurance helps to protect the financial futures of you and your loved ones, while allowing you to build tax-deferred money within the policy (called "cash value") to stay on track. Borrow against your policy to pay for unexpected expenses or supplement your retirement income.

*Known as "specified disease" in some states. 1. This insurance is a limited benefit policy. This is not health insurance and does not satisfy the requirement of minimum essential coverage under the Affordable Care Act. 2. This varies by state and the insurance plan offered by your employer.

1. Hospital confinement indemnity insurance is a limited benefit policy. This is not health insurance and does not satisfy the requirement of minimum essential coverage under the Affordable Care Act. 2. A hospital does not include an institution or part of an institution used as: a hospice unit; a convalescent home; a rest or nursing facility; a free-standing surgical center; a rehabilitative facility; an extendedcare facility; a skilled nursing facility; or a facility primarily affording custodial, educational care, or care or treatment for persons suffering from mental diseases or disorders, or care for the aged, or drug or alcohol addiction. 3. This varies by state and the hospital confinement indemnity insurance plan offered by your employer.

A SECURE FUTURE: Employee benefits are insurance policies that can provide benefits and support when unexpected events threaten your livelihood and savings. Choosing the right benefits is truly a personal decision.

• Key Features:
• • Financial protection for your family upon your death
• • Protection designed to last your entire lifetime
• • Face amount increases or decreases available – depending on your changing needs and budget
• • Tax-deferred cash value growth – means you don't pay income taxes on it while it accumulates
• • Access to your policy's cash value using income tax-free loans and withdrawals
• • Death benefit paid to beneficiaries free of federal income taxes
• • Coverage may follow you if you leave your employer

TERM LIFE INSURANCE AT WORK

Term life insurance pays a benefit if you pass away during a specific time period (known as a "term"). You can tailor your coverage to meet a financial obligation, like your mortgage, your children's education or funeral costs.

• Key Features:
• • Financial protection for your family upon your death
• • Money to help replace income if the breadwinner dies
• • Money (the death benefit) is free of federal income taxes under current tax laws
• • Assistance with expenses like loans, final medical bills or credit card debt after you're gone
• • Accelerated benefit can assist with end-of-life terminal illness expenses
• • Beneficiary support services can help your beneficiaries with financial and personal guidance
• • Coverage may follow you if you leave your employer

VOYA CARES®

Voya Cares is here to help caregivers along the journey of supporting their loved one with special needs or disabilities. One of the first steps is to help employees understand how their benefits align with their vision of their loved one's future. In conjunction with the Voya Cares program, Voya Employee Benefits can provide employees access to additional education & guidance tools via the Voya Cares Online Resource Center. This website provides helpful information including: financial planning checklists, case studies, articles, whitepapers and community support resources; for those with special needs or disabilities and their family members.

• Key Features:
• • Planning checklists and action items
• • Guide to understanding government assistance benefits
• • Community resource finder
• • Beneficiary designation case study
• To learn more visit Voyacares.com.

Neither Voya nor is affiliated companies or representatives provide tax or legal advice. Please consult a tax advisor or attorney before making a tax-related investment/insurance decision. Voya Employee Benefits insurance products and services are provided by ReliaStar Life Insurance Company (Minneapolis, MN) and ReliaStar Life Insurance Company of New York (Woodbury, NY), members of the Voya® family of companies. Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. Voya Employee Benefits is a division of both companies. Product availability and specific provisions may vary by state.