Introduction to Life Events for Benefits
1:17
Description
Related Videos
Life Event Enrollment is a special enrollment period outside of a company’s standard open enrollment period.
View More
View Less
1:17
Life Event Enrollment is a special enrollment period outside of a company’s standard open enrollment period.
When referring to benefits and enrollment, there are different terms and types of enrollments to consider.
1:46
Open Enrollment is a period when employees choose their benefit options, ensuring coverage for themselves and their families.
1:55
Section 125 plans enable employees to pay for certain benefits, such as health insurance premiums, out-of-pocket medical expenses, and dependent care expenses, using pre-tax dollars.
3:24
COBRA, which stands for the Consolidated Omnibus Budget Reconciliation Act is a U.S. federal law that applies to employers with 20 or more employees.
2:26
Employee seniority refers to the length of time that an employee has worked for a company or organization. Employee seniority can often affect the benefits that an employee is eligible for.
2:03
A "Group Term Life Plan" and a "Supplemental Life Plan" are both types of life insurance coverage, but they serve different purposes and are often offered in different contexts.
2:59