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Retirement & Financial Benefits
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
Hanover Direct, Inc. provides several options for pension and welfare benefits for their workers. Like Hanover Direct, Inc., countless employers in the United States fund health coverage for their employees, through which businesses typically pay a considerable portion of their workers' health insurance premiums. In this arrangement, companies are given tax deductions for their contributions and employees are provided with the plans tax-free. Hanover Direct, Inc. offers health, vision, and dental coverage. Hanover Direct, Inc. also offers group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. To help guarantee a dependable flow of income later in life, numerous workers avail themselves of employer-funded pension plans. Hanover Direct, Inc. provides defined contribution pension plans. With a defined contribution retirement plan, businesses help workers save and invest for retirement.
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