The Hanover Insurance Company Benefits

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401(k)
144 employees
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Life Insurance/Disability
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Paid Sick Leave
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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
At The Hanover Insurance Company, they offer several types of pension benefits and other amenities. A large number of companies in the United States, like The Hanover Insurance Company, sponsor group health insurance, through which a large percentage of each employee's health insurance premium is funded by their employer. In this system, businesses receive tax deductions for their contributions and employees are given the coverage tax-free. The Hanover Insurance Company offers health, dental, and vision coverage. The Hanover Insurance Company also offers 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 stable money stream later in life, numerous workers enroll in employer-funded pension plans. The Hanover Insurance Company offers defined benefit pension plans and defined contribution pension plans. Employers with defined benefit retirement plans pay employees a fixed sum upon retirement. With a defined contribution retirement plan, companies help employees save and invest for retirement.

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