Employee benefits insurance refers to a type of insurance that provides coverage for employee benefits programs offered by employers. These programs typically include health insurance, dental and vision insurance, disability insurance, life insurance, and retirement benefits.

The purpose of employee benefits insurance is to protect employers from the financial risks associated with providing these benefits to their employees. This type of insurance can help employers manage their expenses by spreading out the cost of these benefits over time and by providing protection against unexpected costs.

In addition to protecting employers, employee benefits insurance can also benefit employees by providing them with access to comprehensive benefits packages that may not be available otherwise. This can help attract and retain talented employees, improve morale and job satisfaction, and increase productivity.

Overall, employee benefits insurance plays an important role in helping employers manage their employee benefits programs and provide valuable benefits to their workforce.