Fin

income Security in Tough Times
Besides life insurance, the other no-brainer benefit that employers should offer is disability insurance. Actually, there are really two varieties:
Short-term disability insurance provides disability coverage by replacing workers who must be off the job temporarily due to a medical condition-short-term illness or injury. Payments are a percentage of salary for the recovery period.This avails long-term disability insurance that can work for a relatively long time in cases of more serious medical conditions or conditions requiring a lot of time for recovery. For

It makes virtual health services to access doctors through any device; thus, it saves employees' time and keeps them less absent from work.
Accidental death insurance Group life insurance the plan covers the families of workers in case the employees die. The feature, Accidental Death and Dismemberment insurance, is also available in most institutions. This insurance is safer for the employee than his or her group life insurance would be if the employee were to experience a gruesome injury or die from an accident. It gives an employee comfort knowing that the loved ones will be taken care of

Challenge: Many gig workers, such as rideshare drivers and delivery couriers, use personal vehicles for work. Personal auto insurance typically does not cover commercial use.
Shift: Insurance companies are evolving hybrid or gig-specific auto policies that combine the elements of personal and commercial auto coverage, or "rideshare insurance," that will be in force while workers are driving for platforms like Uber or DoorDash.
1) Unemployment and Retirement Benefits
Challenge: Gig workers have no access to traditional unemployment benefits, and retirement savings plans are typically not of