Most individuals consider insurance the cornerstone of any financial plan. The type of insurance policy that is right for a specific individual or family depends on many factors, including amount of coverage, type of coverage, age, ability to pay premiums, hobbies, lifestyles and health conditions.

This includes medical, vision and dental plans, retirement benefit plans, group- term life and long term care insurance plans. Companies who offer these can raise employee satisfaction, corporate loyalty, and worker retention. Employee benefits are normally tax deductible and non-taxable to employees.