LegalShield and IDShield for Employee Benefits

Enhance Your Employee Benefits with LegalShield and IDShield

The LegalShield Legal Plan and IDShield Identity Theft Plan offers the types of benefits that meet the lifestyle needs of current and prospective employees.

Today's labor market is challenging and the competition for talent continues to escalate. How does your organization demonstrate a commitment to the lifestyle needs of each employee? Medical coverage quality and affordabilty remains a leading factor in any benefits plan, but the traditional approach will not differentiate your organization.

A great way to enhance your benefits package is by offering legal and identity theft plans through LegalShield.

LegalShield: Click here to learn more about the LegalShield Legal Plan.

IDShield: Click here to learn more about the IDShield Identity Theft Plan.

Loss Work Time Due to Legal and Identity Theft Issues

Under the surface, employees deal with a wide variety of issues outside the workplace. Have you ever considered how much work time is lost during the work day by employees trying to deal with such issues? And, without the proper resources, their approach to a particular issue may initially make the problem worse causing them to become less and less efficent in their work until the issue is finally resolved.

A plan through LegalShield will provide the professional resources they need to help with a variety of issues so their focus returns to the job at hand.

Group Plan Rates Offer a Better Value to Employees

In addition to the value of the benefits offered through each plan, offering LegalShield and IDShield as part of your employee benefits portfolio provide monthly savings on the cost of membership. As you see from the rates list below, the group plan offers savings that the employee can't realize on their own.

NOTE: On a biweekly basis, the per pay cost of the most comprehensive package is only $26.26.

Personalized Employee Website Available for Group Plans

For any employee benefit, there is always the ongoing questions about the plan as to what and how certain services may be covered. With a group plan for legal and identity theft through LegalShield, there is the convenience of a personalized website for your company.

With your personalized website, those employee questions are minimized due to such a resource.

View a sample personalized website here.

Commercial Drivers Legal Plan Also Available on a Group Basis

The Commercial Drivers Legal Plan (CDLP) can also be offered on a group basis. If you are a transportation or logistics company with over-the-road drivers or you have employees who drive commercial vehicles for your company fleet, this plan offers protection usually not found in any insurance policy.

For the Basic plan, there is a monthly savings of $3.00 over the standard membership amount and with the Super plan (where available), there is a monthly savings of $5.00.

CDLP: Click here to learn more about the Commercial Drivers Legal Plan.

MEMBERPerks Included with LegalShield / IDShield Memberships

For those enrolled in a legal plan and/or identity theft plan through LegalShield, employees will have access to MEMBERPerks, a special discount program unique to LegalShield and IDShield individual members.

MEMBERPerks provides access to hundreds of national and local merchants offering thousands of discounts on everyday purchases. Such discounts can easily pay for your annual subscription.

Click here to learn more about MEMBERPerks for LegalShield and IDShield Members!

Consider Offering an Employer-Paid IDShield Identity Theft Option

An option to consider for your employees' financial wellness is offering an employer-paid IDShield Identity Theft Plan (Employee Only, 1 Bureau). There are a number of advantages for providing this base level of coverage.

• Great starting point as a benefit for every employee.
• Makes it easier for an employee to upgrade the IDShield plan and/or add a LegalShield plan.
• Contributes to an employer's Financial Wellness initiatives.
• Gives each employee access to MEMBERPerks to use for themselves and their family.
• Per IRS guidance, plan can be offered without including the cost in employee wages.
  
  IRS Announcement 2016-02: Federal Tax Treatment of Identity Protection Services
  "The Treasury Department and the IRS have determined that Announcement 2015-22 should be extended to include identity protection services provided to employees or other individuals before a data breach occurs. Accordingly, the IRS will not assert that an individual must include in gross income the value of identity protection services provided by the individual's employer or by another organization to which the individual provided personal information ... Additionally, the IRS will not assert that an employer providing identity protection services to its employees must include the value of the identity protection services in the employees' gross income and wages. The IRS also will not assert that these amounts must be reported on an information return (such as Form W-2 or Form 1099-MISC) filed with respect to such individuals. Any further guidance on the taxability of these benefits will be applied prospectively. This announcement does not apply to cash received in lieu of identity protection services."

NOTE: The above comments do not consitute legal advice. Each employer should contact their own company legal counsel to verify the IRS announcement above would apply in their unique circumstance.