Business Insurance

Ruggiero Group Benefits Agency, LLC offers a complete line of group benefits and insurance products. We will work with you to design and implement a benefits program for your organization to cover owner, management, and employee level benefits. Whether 10 employees or 10,000+ employees, we are here to develop a sustainable employee benefits package tailored to your company. Additionally, we work with school districts, labor unions, professional associations, and non-profits.

Health insurance covers all or part of the risk of a person incurring medical expenses. There are many different options. The cost of insurance is based on the type of plan and coverage that will be included in the plan. We work with all major carriers and all plan types, including:

- PPO - HMO- EPO- HSA- HRA- Self-Funded

- Level Self-Funded- ASO- PEO

Dental insurance covers dental care services with a licensed dental provider. Some medical plans may have basic or pediatric dental insurance included in the plan. Most dental plans will be purchased as a standalone benefit offering in a PPO or DMO type policy. Insurance is in place to cover the expenses associated with cleanings and x-rays, and to save on costly and unexpected work such as fillings, root canals, and more.

Vision Insurance is designed to reduce costs for routine preventive eye care (eye exams) and prescription eyewear (glasses and contact-lenses). Some plans offer discounts on elective vision correction surgery, such as LASIK or PRK.

Voluntary benefits allow employers to provide a more robust benefit offering without having the cost associated with providing paid-for benefits. These benefits are paid for by the employee rather than the employer. Usually, the premium monies are payroll deducted from the employee’s salary for simplicity.

Disability insurance will provide income in the event a worker is unable to perform their work and earn an income due to a disability. Depending on the time they are unable to work and when they pass the elimination period, they will receive a portion of their salary.

There are two types of disability insurance:

Short-Term Disability Insurance - Typically six months or less.

Long-Term Disability Insurance - Typically six months or longer.

Group Life Insurance is an employee benefit provided to employees by some employers. This is a policy that is usually bundled with the other ancillary benefits such as dental, vision, and accident/sickness. Employer sponsored life insurance generally provides a low-cost term life benefit with face amounts amounting to one- or two years’ worth of salary.

 Key Person Insurance is a life insurance policy that a company purchases on a key executive's life. When there are multiple executives/ partners/ owners, there are usually multiple policies. The company is the beneficiary of the plan and pays the policy premiums. 

 Workers' Compensation is insurance that provides benefits to employees who have a work-related injury or illness. This insurance will help pay for medical care and wages for the lost work. Workers’ compensation coverage helps protect your business in the following ways: covering employee illnesses and workplace injuries, protecting your business from lawsuits, and keeping your business compliant with  state regulations.