Business Benefits

Protect My Employees
Group Benefits for Texas Businesses

Attract and retain top Texas talent with a group benefits package. Group life, disability, dental, vision, and voluntary benefits with top-rated carriers — one of America's most trusted carriers.

Group Benefits

Coverage for Your Business and Your Team

Group Life Insurance

Provide a guaranteed death benefit for employees and their families at a group rate. Typically offered as a flat amount or multiple of salary.

Group Disability Insurance

Short-term and long-term disability insurance protects employees' income if illness or injury prevents them from working.

Group Dental Insurance

One of the most valued employee benefits. Preventive, basic, and major dental coverage with access to a large national provider network.

Group Vision Insurance

Annual eye exams, frame and lens allowances, and contact lens benefits for your workforce.

Accident & Critical Illness

Voluntary supplemental benefits employees can elect and often pay for themselves — adding value to your package at no direct cost to the business.

Key Person Insurance

Protects the business if a critical owner, partner, or executive passes away. The company is the beneficiary — not the family.

Group Benefits FAQ

Why should a small Texas business offer group benefits?

Benefits are the #2 factor (after pay) in employee retention. Group life, dental, and disability coverage are expected by most workers. Small businesses that offer a benefits package attract better candidates and reduce turnover — which saves money.

How many employees do I need for group coverage?

Tower Hill carrier network group products are typically available for businesses with 2 or more eligible employees. Requirements vary by product. Tower Hill can help you qualify even as a micro-business or sole proprietor with one employee.

What is key person life insurance?

Key person insurance is a life insurance policy where the business is the owner and beneficiary. If a critical person (owner, partner, top salesperson) passes away, the business receives the death benefit to cover recruiting, training, lost revenue, and business continuity costs.

Are employer-paid group benefits tax-deductible?

Premiums paid by an employer for group health, dental, vision, and life insurance are generally tax-deductible as a business expense. The first $50,000 of employer-provided group term life insurance is typically received income-tax-free by employees. Consult your tax advisor for specifics.

Why Benefits Matter for Texas Businesses

The numbers tell a clear story — benefits are your most powerful retention tool.

78%
of TX employees say benefits heavily influence job choice
$15K+
Average cost to replace one employee in Texas
Higher retention at companies offering life + disability benefits
2+
Minimum employees needed to qualify for group rates

Benefits Cost vs. Employee Turnover Cost

ScenarioWith BenefitsWithout Benefits
Annual group life cost per employee~$180–$360/yrn/a
Average employee turnover rate10–15%25–40%
Cost to replace one $50K employee$8K (less turnover)$15,000–$25,000
Recruiting competitivenessHigh — attracts quality hiresLow — lose to larger employers
Tax deductibility of premiums✅ Yes❌ No benefit

How Group Benefits Work in Texas

01

Free Consultation

A licensed TX advisor assesses your workforce size, budget, and goals.

02

Carrier Selection

We shop 10+ top-rated group carriers to find the best rates for your business.

03

Employee Enrollment

Simplified enrollment — digital applications, no paperwork headaches.

04

Ongoing Support

Annual reviews, claims support, and benefits changes handled for you.

Build a Benefits Package Your Team Will Value

Group benefits consulting is free. A licensed Texas advisor will help you design a package that fits your business size and budget.

Tower Hill Corp · TX Agency License #2608479TX · Tower Hill carrier network carrier partners (A++ AM Best)

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