Spouse and Family Income Protection
Most of the employees attempt to ensure the future safety of their dependents in case of their death. One component, life insurance, & a number of other components previously recognized and explained have specific features to assists a worker's dependents in the event of such type of calamity. The main components available to defend workers' dependents are following:
1. Retirement Plans
2. Life Insurance
3. Tax-sheltered Annuity
4. Workers' Compensation
5. Social Security and Medicare
6. Travel Accident Insurance
7. Accidental Death and Dismemberment
8. Health Care Coverage