Opinion: Dealers Can Help Employees by Unlocking Living Benefits
Life insurance is traditionally regarded as a death payout for dealership employees, a narrow view that ignores the living benefits many providers offer, argues iCover founder and CEO Hari Srinivasan in a new post at DealerELITE.
In “Beyond the Bereavement: How Dealerships Can Unlock Life Insurance’s ‘Living Benefits’ for Employee Well-being,” Srinivasan offers a statistics-backed review of accelerated death benefit riders, waiver of premium riders and cash value accumulation in permanent policies.
“These features offer financial protection during critical life events — such as illness, disability or unexpected expenses — and can significantly enhance financial wellness and peace of mind for dealership employees across sales, service and management,” Srinivasan writes.
