GAP Insurance

Providence Benefits is a firm that works with small to medium size businesses specializing in major medical GAP insurance. Gap insurance helps employers migrate to higher deductible health insurance plans that help the employer save money. When implemented properly, GAP insurance improves the health insurance for the employees by paying part, or all, of the costs of deductibles, co-pays, and co-insurance. It can also lower the cost of out-of-pocket maximums that create financial problems for many of today's workers.

Providence Benefits can help

We understand many financial professionals are not interested in engaging in employee benefits. For this reason, we offer our Concierge Enrollment Services for some professionals where Providence provided all services including:

Compensation and Commission

All of these services can be offered with level commissions. For our partners who prefer to write their own cases, we offer additional compensation.

In addition, we assist our partners by helping them with other preferred employee benefits such as:

  • Group Dental
  • Group Vision Insurance
  • Short Term and Long Term Disability Insurance
  • Group Term Life and Voluntary Life Insurance
  • Critical Illness, Cancer and Accident Insurance
  • Succession Planning, Key Person Insurance, Executive Benefits

Providence also trains partners in best practices for offering employee benefits to their clients. This creates level compensation which insulates you from the uncertainty of being on straight commission. This also provides opportunities for prospecting business owners during daytime hours.

We will also assist you with an electronic enrollment process or benefit administration system that will help you serve your clients with state-of-the-art technology.

Providence Benefits GAP Insurance