About Us.

About Us.

About Us.

Our role is to assist organizations in maximizing their efficiency and effectiveness to achieve the best possible outcomes.

Request a quote

Our role is to assist organizations in maximizing their efficiency and effectiveness to achieve the best possible outcomes.

Request a quote

Our role is to assist organizations in maximizing their efficiency and effectiveness to achieve the best possible outcomes.

Request a quote

Cut Costs, Not Capability

Cut Costs, Not Capability

Cut Costs, Not Capability

FairSplit helps reduce costs for employers in providing employee benefits during off-boarding. 

Increasing profits during off-boarding with an efficient workforce via prepaid insurance involves strategically managing employee departures while minimizing financial strain. Prepaid insurance will help play a crucial role in this process by offering a cost-effective way to handle associated expenses like severance and benefits continuation.

This approach allows for better financial planning and resource allocation, potentially leading to increased profitability for the company. It streamlines the off-boarding process, ensuring a more efficient transition for both the organization and the departing employees.

FairSplit helps reduce costs for employers in providing employee benefits during off-boarding. 

Increasing profits during off-boarding with an efficient workforce via prepaid insurance involves strategically managing employee departures while minimizing financial strain. Prepaid insurance will help play a crucial role in this process by offering a cost-effective way to handle associated expenses like severance and benefits continuation.

This approach allows for better financial planning and resource allocation, potentially leading to increased profitability for the company. It streamlines the off-boarding process, ensuring a more efficient transition for both the organization and the departing employees.

FAQ

FAQ

What is a Severance package?

The financial conditions of an employee who leaves a business following their termination of employment or voluntary resignation. Employees are given approximately 21 days to come to an agreement and 7 days to sign it. The severance package may be phased in over two years to help reduce tax payments. Severance payments may also be negotiated to include health care coverage, pension benefits and more

What is Aid?

Data powered reports aid in effective decision-making, trend detection, risk mitigation, and operational improvement, enhancing your competitive edge, strategic planning, and workforce productivity while reducing costs.

Why Prepaid insurance:

Prepaid insurance is a financial arrangement where insurance premiums are paid upfront for a future coverage period. It's recorded as an asset on a company's balance sheet and is gradually expensed over the policy's term. This approach aids in cash flow management and continuous risk coverage, aligning with sound financial and risk management strategies.

Join us today.

Join us today.

Leveraging AI to Propel Prepaid Insurance Bond Products

Leveraging AI to Propel Prepaid Insurance Bond Products

Leveraging AI to Propel Prepaid Insurance Bond Products

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© 2023 FairSplit, Inc.

Coverage is granted based on underwriting criteria. Not accessible in every state. For complete terms, conditions, and exclusions, please review the policy. The examples provided are merely illustrative. The specific terms of your policy prevail, and exclusions apply. Coverage depends on the precise details leading to a claim. FairSplit Inc. or its associated entities are licensed agencies authorized to sell specific insurance products and may earn commissions from these sales. Only the insurer that issues the policy holds the responsibility for its obligations. For more details, check the [Privacy Policy] section.

© 2023 FairSplit, Inc.

Coverage is granted based on underwriting criteria. Not accessible in every state. For complete terms, conditions, and exclusions, please review the policy. The examples provided are merely illustrative. The specific terms of your policy prevail, and exclusions apply. Coverage depends on the precise details leading to a claim. FairSplit Inc. or its associated entities are licensed agencies authorized to sell specific insurance products and may earn commissions from these sales. Only the insurer that issues the policy holds the responsibility for its obligations. For more details, check the [Privacy Policy] section.

© 2023 FairSplit, Inc.

Coverage is granted based on underwriting criteria. Not accessible in every state. For complete terms, conditions, and exclusions, please review the policy. The examples provided are merely illustrative. The specific terms of your policy prevail, and exclusions apply. Coverage depends on the precise details leading to a claim. FairSplit Inc. or its associated entities are licensed agencies authorized to sell specific insurance products and may earn commissions from these sales. Only the insurer that issues the policy holds the responsibility for its obligations. For more details, check the [Privacy Policy] section.