FRANKFORT, Ky. — In an effort to help businesses and their employees be better prepared for the unexpected, the Kentucky Chamber has announced a partnership with The Standard to offer members accident and critical illness insurance for their employees.
Critical illness insurance gives employees a choice of affordable options for easing the financial burden that can come with a serious illness. Accident insurance can enhance benefits packages and offer employees a valuable safety net to help pay the bills that medical insurance won’t cover.
As employee benefits remain the second largest expense for businesses, outside payroll, the Kentucky Chamber has teamed up with insurance companies to provide multiple health insurance plans, workers’ compensation insurance, and most recently, accident and critical illness insurance.
“Our organization is dedicated to creating valuable opportunities for our members and the Kentucky business community as a whole. We have partnered with The Standard to help our members provide quality, vital insurance for their employees,” said Kentucky Chamber President and CEO Ashli Watts.
All Kentucky Chamber members are eligible to participate in the program, which takes effect July 1, 2020.