Voluntary Employee benefit plans refer to insurance coverage that employees pay for through payroll deduction. Sometimes voluntary benefits plans are part of flexible benefits programs. These programs allow employees to take advantage of insurance products that usually have easier terms of acceptance and lower premiums. Furthermore, individual voluntary products are typically portable if an employee changes jobs.

Some of these plans include:

• Dental - Dental Insurance is an individual or group plan that helps pay costs of normal dental care as well as damage to teeth from an accident. Insurance covering routine and some special procedures related to oral hygiene and tooth care; may or may not include orthodontia coverage.
• Vision - Vision Insurance provides coverage for the services rendered by eye care professionals such as ophthalmologists and optometrists. There are many vision insurance companies. The typical vision insurance plan provides yearly coverage for eye examinations and partial or full coverage eyeglasses, sunglasses, and contact lenses, with or without copays, depending on the plan chosen.
• Life - A form of insurance on the life of a person. If the person dies then the insurance policy pays out a sum of money to the policyholder (such as a person's family).
• Longevity Insurance - Longevity insurance is designed to pay to the policyholder a benefit if he or she survives to a pre-established future age.
• Short Term Disability (STD) or Long Term Disability (LTD) - Disability insurance, often called disability income insurance, is a form of insurance that insures an employee's earned income against the risk that disability will make working (and therefore earning) impossible. It includes paid sick leave, short-term disability benefits, and long-term disability benefits.
• Critical Illness - Critical illness insurance is an insurance product, where the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the critical illnesses listed in the policy.
• Cancer - Cancer insurance conceptually is very simple. Benefits are paid directly to you regardless of any other insurance you may have. You can then use the benefits to help pay for all of the extra costs associated with your cancer treatment. Cancer insurance policies supplement existing health insurance policies or income.
• Supplemental Health - Supplemental health insurance is a type of insurance policy designed to cover the gaps that your regular health insurance may have due to deductibles and co-payments. Supplemental health insurance covers additional expenses that your primary insurance doesn’t cover, such as lost income and living expenses.
• Mini-Med Health Plans - A Mini-Med is a limited benefit indemnity health insurance plan which can be issued with very few restrictions through age 64. Medical bills are submitted to the insurer for reimbursement up to the limits of the policy to help "fill the gap" in coverage.