Worksite Voluntary Benefits: A Market Sizing

While life insurance and short-term disability are primary voluntary products, annuities are staged for growth.

Boston, December 3, 2019 – Competition for talent is at an extreme high, forcing employers, especially small and midsize employers, to add to their benefit packages and turning products such as life, disability, cancer, and long-term care insurance into competitive advantages. Is this the perfect storm for distributors of voluntary products?

This report provides a bird’s-eye view of the trends in voluntary product offerings. It identifies the opportunities, preferences, and considerations that employers place on products, partnerships, and platforms, and identifies the market opportunity and how it will grow over the next five years. It is based on a Q2 2019 Aite Group survey of 303 human resources professionals and employer benefit decision-makers across a range of employer sizes.

This 74-page Impact Report contains 70 figures and 12 tables. Clients of Aite Group’s Life Insurance service can download this report, the corresponding charts, and the Executive Impact Deck.

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