Commonwealth Benefits

We want to shout a very big HAPPY BIRTHDAY to CHRIS LYON! 🥳🎊🎂🎉🎈 Thank you for all you do for our business and our community! We are lucky to have you! Have the best day ever!

One thing our agency is committed to is continued education. Our staff is continuously attending courses and conferences to further expand their knowledge on various carriers, available benefits, regulations and solutions to your needs! This week, Miya and Tracey are attending the 2024 Employee Navigator Conference. Miya and Tracey are our Benefit & Digital Platform Coordinators and they are learning more ways to better provide efficiency in these products for you. Get familiar with these friendly faces as they will be sharing more soon! 😊

Questions? Drop a comment! Send us a DM! Email us! Give us a call! 📲

Purchasing any type of Insurance can be complicated. How do you know that you’re making the right choices about coverage? Are you sure you’re getting the best possible value for your dollar? The options can seem overwhelming.

We’ve seen first-hand how the advice and advocacy of our agents benefit our policyholders. Here are eight reasons why we believe Commonwealth Benefits experience can benefit you.

1. They give you a choice.
2. They are licensed experts.
3. They are personal advisers.
4. They are your advocate.
5. They are right around the corner.
6. They offer one-stop shopping for all of your insurance needs.
7. They are consultants for a lifetime.
8. They are trustworthy.

Most private health insurance does not cover extended stays in a facility or care required in-home for recovery. Long-term care insurance can protect your family during difficult times. If you are interested in exploring your options, contact us today.

We are so grateful for the support of our families, team and community. Without it, our small business wouldn't work.

Wishing you a day full of love, laughter and family.

Happy Thanksgiving!

November is Long-Term Care Insurance Month! It's important to protect you and your loved ones financially. The future is unknown, but planning can help give you peace of mind.

Five Reasons to consider long-term care insurance:

1. Protects your assets.
2. Takes pressure off your family.
3. Give you options for care.
4. May include life insurance protection.
5. Gives you peace of mind.

According to a recent Mercer survey, companies are making enhancements to their health and well-being offerings in 2024. It's important to prepare for the impact that inflation will have on health plan costs.

Some benefits/incentive trends for 2024: Financial support work and living expenses, wellness benefits to include preventive mental health and coaching, DEI benefits alignment, genetics and nutritional-based incentives, and lifestyle benefits.

One study found that 79% of people who quit their job did so because they didn’t feel appreciated. Employee appreciation leads to an 18x increase in productivity, 12x more likely to have strong business results, and can add 3.5 years to an employee’s tenure at a company.

Want to make your employees feel valued? Offer the benefits that they want.

Did you know that life insurance can protect your small business?

Key person insurance. This is a life insurance policy purchased by the business on the life of a key employee and payable to the business. When a key person dies, insurance can help make up for lost sales and cover the cost of finding and training a replacement.

Individual life insurance. A policy that you own individually can provide your family with additional money to pay off personal debts, cover ongoing living expenses and fund future needs such as college or retirement.

A buy-sell agreement funded with life insurance. This allows remaining business owners to buy the company interests of a deceased owner at a previously agreed-upon price, which helps guarantee that surviving family members will be fairly and promptly compensated for their share of the business.

Contact us today to make sure you have a policy that protects your future.

Welcome! Allow us to introduce ourselves. We are Commonwealth Benefits, a member of the Frieden Agency. We provide a modern approach to integrated benefits. We work with businesses and individuals to find the best policies to maximize the value of your investment.

Commonwealth Benefits is proud to serve the Tidewater area. Check us out on our website for more information. Link in bio.

Employers are expected to face a significant increase in health care costs for 2024. The cost of job-based health care coverage for 2024 is expected to rise at its fastest pace in years as inflation pervades insurance policies.

Now is a good time to review your current policy. Contact us today for a quote.

Would it surprise you that 78% of employees would stay with a company because they like the benefits?
Contact us today to explore a benefits package in 2024 that will attract and retain top talent.