Pan-American Life Insurance Company Benefits

At Pan-American Life Insurance Company, employees are given many options for pension plans and welfare benefits. Numerous American companies, like Pan-American Life Insurance Company, finance health plans for their employees, through which a significant proportion of each employee's health insurance premium is paid for by their employer. These contributions are tax deductible for employers and tax-free for workers. Pan-American Life Insurance Company provides dental and health coverage. Pan-American Life Insurance Company also provides death benefits, which cover certain causes of death, group life insurance, and long-term disability insurance. To help secure a stable income source later in life, countless workers use employer-provided pension plans. Pan-American Life Insurance Company offers defined benefit pension plans and defined contribution pension plans. Employers with defined benefit pension plans pay retirees a predetermined sum when they reach retirement. With a defined contribution pension plan, employers help employees save and invest for retirement.