Employee Benefit Programs for banks are vital to attract and retain valuable employees. Financial PSI has been involved with the design, implementation and service of bank programs for 35 years. These programs include medical, disability, life, and retirement among others. We understand the particular needs of banks and are able to custom-design plans to fit these individual needs.
Consultation
Financial PSI has hundreds of business clients with whom we constantly work to make sure that the benefit program they offer is:
- Comprehensive in nature in order to attract qualified employees and to increase retention
- Designed with cost-efficiency as a primary goal
- Serviced properly
Group Health and Life Insurance
We represent BlueCross BlueShield of Tennessee as well as the other carriers that are competitive in our marketplace. We also follow trends in the industry to track the companies that are more innovative in plan design.
Group and Individual Long-term Disability Insurance
There are several types of Disability Insurance. Our consultants will be happy to discuss the merits of each and then create a program that fits your specific needs.
Group Dental and Vision Coverage
Group Dental and Vision coverage has seen a tremendous rise in popularity. It is very cost-efficient and can be purchased on an employer-sponsored or voluntary basis.
Key-person Insurance
Banks are usually very interested in plans that indemnify the bank in the event of a loss of a Key Employee. Plans such as deferred compensation or salary continuation are invaluable in efforts to attract and retain executives and directors. Our offerings in these areas are designed specifically for financial institutions with an understanding of regulatory needs.
Group Long-term Care Insurance
Group Long-term Care Insurance has become very popular in recent years. Discounts tend to make this coverage more affordable than individual coverage.
Retirement Plans
Financial PSI can present you with a variety of retirement programs and help you decide which suits your company’s individual needs.
Voluntary Coverage
There are a variety of voluntary programs in the marketplace. These are helpful when the employer has concerns about escalating costs.
Business Continuation Programs
There are a variety of voluntary programs in the marketplace. These are helpful when the employer has concerns about escalating costs.