Insurance is a pooling of risks. In a contract of insurance, the insurer (insurance company) agrees, in for a consideration of a sum of money (premium), to make good on the loss suffered by the insured against a specific risk such as illness, fire, accident, for example...

There are two parties to an insurance contract:

• Insurer
• Insured

And the document specifying the terms of the contract is called an insurance policy.

Is it important to have insurance?

Insurance is important because the chance of a loss from an event cannot be entirely controlled. To mitigate and reduce the negative impact of a loss, it is recommended that a typical consumer:

• Maintains emergency savings ,for at least 6 months, to cover the cost of living, including typical expenses, and any unexpected events and
• Maintains insurance to transfer the risk from the consumer to the insurance company.

There are several types of business insurance. One of them is group health insurance. Health insurance is an insurance policy which covers the medical expenses of the employees and their dependents.

Group Health Insurance Agency Texas offers coverage to a business (a group of employees under one business entity or a combined group of businesses under one common control). A business can either self-design a plan or choose a pre-planned insurance policy from the insurer.

Also, there are Dental, Vision, Life and Disability plans from which to select. Keystone Insurance Services, Inc. delivers to your business the advantage of providing high quality Employee Benefits in Austin Texas and the flexibility to benefit your employees by choosing from a wide range of benefits. For example, there are plans that offer annual exams at no cost to your employees and provide discounts on the lens, LASIK and additional pairs of glasses. Our dental and vision insurance help your employees keep their eyes and mouth healthy and help attract high quality employees. Typically, vision insurance policies cover routine eye examinations and discounts for the purchase of glasses and eyewear. By offering dental and vision insurance, your employees can get numerous benefits and this enhances your company’s reputation and its bottom line.

The Policy is beneficial for both employees and employers. Let’s have a quick look at the benefits:

Advantages

For the employers:

• Motivated employees
• Helps in Retention of Employees
• Low Cost
• Multiple Premium Options
• Tax Benefits

For the Employees

• Default insurance cost
• Support during a claim
• No medical checkup is required
• Maternity coverage from day 1
• No waiting period
• Useful for employees well being

Texas Group Insurance Plans is simply an insurance package which an organization (employer) buys for the benefit of its employees. Keystone insurance services Inc. was established with an objective to deliver the best policy for you, ensuring that all your expressed insurance needs are met. And our approach to multiple companies and commitment to providing quality service enables us to offer best competitive price, wide range of products and unparalleled advocacy to its clients.

After discussing the above we can conclude that insurance is an important part of a financial plan and it is intended to make the individual or business whole again after a loss. Insurance may be acquired from multiple sources. However, the team at Keystone insurance services, Inc. is highly professional and knowledgeable and can offer your business a variety of insurance options that meet your needs. They respond quickly and effectively to your expressed insurance needs and this is one of the major reasons behind the success of Keystone insurance services, Inc.

To learn more about Keystone Insurance Services, Inc. please, call (512) 257-8000 or visit their website HERE; http://www.keystoneinsuranceservices.com/