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Overview
Winged Keel Group's experience over the
past sixteen years has made us one of the leading specialist companies
in the design, enrollment, and administration of Company Sponsored
Benefits (CSB) plans. Winged Keel Group
currently administers over 11,000 portable long-term disability, long-term care, and life
insurance policies.
In addition, Winged Keel Group insures over 55,000 employees through
employer
sponsored long-term disability benefit plans.
The average U.S. executive entering the workforce today will
have seven jobs in three different industries over the course
of his or her career.* Many employers are responding to this
reality by creating portable benefits that allow employees
to take control of their personal Financial Security Management. We have helped to drive this shift in employee benefit planning
by building an administration company that serves as a complete
outsource for Human Resource Departments that want to offer
portable insurance products on a voluntary basis.
Companies generally do not have a benefit package that is tailored
to the incomes of their highly compensated executives. As a
result, core benefit plans can be insufficient for this particular
segment of the population. Cost pressures are also making it
more difficult than ever for companies to enhance traditional
benefit plans.
CSB is a solution to these
common scenarios. CSB enables the employer to offer executives
benefits that are better than individually acquired products,
at no additional cost to the employer.
This concept has been well received by benefit managers and
highly compensated executives alike. In a recent survey,
95% of the executives who enrolled in a voluntary benefit administered
by Winged Keel Group indicated
that they would be interested in additional Company Sponsored
Benefit offerings.
* U.S. Bureau of Labor Statistics
Advantages
of CSB
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