Group Life Insurance
Group Term Life should be part of everyone's life insurance portfolio. Providing life insurance gives the employee's family peace of mind.

Group Term Life plan considerations include:

• Settlement options
• Conversion options
• Waiver of premiums
• Continuance of insurance
• Compliance with federal discrimination rules
• Limitations and exclusions
  

Flexible Benefits
Many employers are exploring the feasibility of flexible benefits for their company. Flexible benefit plans give employees choices they want rather than coverage that is unsuitable. We can help you build a flexible
program that precisely fits your people and finances.

Flexible Benefit plan considerations include:

• Feasibility studies
• Cost control features, options, credits and price tags
• Third party administration services
• Plan implementation including employee meetings
• Testing and IRS reporting
  

Pension and Profit Sharing Plans
What's the most cost effective way to design and operate your defined benefit plans, now and in the future? How should defined contribution plans be designed and integrated with other plans? How do you establish and achieve investment goals  for your plan assets? Hover Insurance Services can answer these questions and  others you may have concerning pension and profit sharing plans. If you need  specialized services from actuaries or administrators, we can help you choose  the proper specialists.

Pension and Profit Sharing Plan considerations include:

• Plan analysis
• Administrative cost, other charges
• Funding recommendations
• Third party administration and actuarial services
• Testing and reporting capabilities