The Hanover Insurance Company Benefits

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Most Popular Benefits

Benefit/Perk
Employees
0
141
401(k)
141 employees
Paid Holidays / Vacation
89 employees
Casual Dress/Atmosphere
75 employees
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United States (change)
Education/Training/Tuition/Certification Reimbursement
62 employees
Life Insurance/Disability
60 employees
Paid Sick Leave
50 employees
Flex-Time / Flexible Schedule
31 employees

Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Health Insurance
Life Insurance
Dental Insurance
Vision Insurance
Prepaid Legal
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
Temporary Disability Insurance
The Hanover Insurance Company workers collect several options for retirement plans and other amenities. Countless American workers, like The Hanover Insurance Company employees, rely on group health coverage funded by their employer, through which a large percentage of each employee's health insurance premium is funded by their employer. In this setup, companies are provided with tax deductions for their contributions and employees collect the plans tax-free. The Hanover Insurance Company provides health, dental, and vision insurance. The Hanover Insurance Company also provides group life insurance, long-term disability insurance, death benefits, which cover certain causes of death, and short-term disability insurance for accidents or illness. To help ensure a steady cash stream later in life, many workers participate in employer-sponsored retirement plans. The Hanover Insurance Company offers defined benefit pension plans and defined contribution pension plans. With a defined benefit retirement plan, retirees collect predetermined payments upon retirement. With a defined contribution pension plan, companies help employees save and invest for retirement.

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