Employee Benefits

What is Supplemental Insurance?

Supplemental Insurance is additional protection that complements your primary health or life insurance. It provides direct cash benefits to help cover expenses that traditional policies may not fully pay. This type of coverage is flexible—it can be offered as an employee benefit or purchased individually by self-employed and independent workers looking for extra peace of mind.

What is it for?

  • For employees: It’s often offered as a workplace benefit, giving staff the peace of mind that unexpected costs won’t overwhelm their families.

  • For independent workers or self-employed: It’s a smart way to protect income and cover gaps since you don’t have an employer plan backing you up.

  • For everyone: It helps with medical bills, deductibles, co-pays, or non-medical expenses like transportation, childcare, or daily living costs.

What does it cover?

Supplemental Insurance includes a wide range of specialized policies, such as:

  • Accident Insurance (24-hour protection) – cash benefits if you’re injured on or off the job.

  • Cancer Insurance – financial support for treatment and related expenses.

  • Critical Illness Insurance – coverage for serious conditions such as heart attack or stroke.

  • Short-Term Disability Insurance – replaces part of your income if you can’t work due to illness or injury.

  • Hospital Insurance – helps with hospital stays, surgery, or recovery costs.

  • Dental and Vision Insurance – affordable coverage for preventive and corrective care.

Why is it important?

Even with strong health or life insurance, many families and businesses face out-of-pocket expenses that can quickly add up. Supplemental coverage fills the gaps—helping cover medical bills, deductibles, lost income, and even non-medical expenses like childcare or transportation.

How SM Insurance Services can help

At SM Insurance Services, we make it simple to add this extra layer of protection. We:

  • Explain each type of supplemental coverage in plain language.

  • Offer plans that work both as employee benefits and as individual coverage.

  • Compare quotes from multiple carriers to find affordable, customized solutions.

With us, you can create a safety net that ensures greater financial security for yourself, your family, or your employees.