Why Ancillary Benefits Are a Must in Uncertain Economic Times

Let’s face it: everyone’s feeling the pinch these days. Whether it’s the rising price of eggs, gas, rent, or prescription medication, the average American household is carrying more financial stress than it has in years. For employers, lenders, and brokers, this leaves an opportunity to help mitigate this stress for consumers.

Today, both customers and employees are seeking stability, particularly through affordable support services and protection plans. Ancillary benefits, including auto and home coverage, telemedicine, and identity protection, are becoming essential rather than just perks. Offering these benefits is crucial for clients without emergency funds and beneficial for your business.

For Employers: Commute Guard

For businesses in industries like retail, hospitality, construction, manufacturing, or staffing where remote work isn’t possible, a broken-down car can severely impact productivity and finances.

That’s why Commute Guard has become a go-to solution for businesses looking to keep their teams mobile and reliable.

Commute Guard includes towing and roadside assistance, repair reimbursements, rideshare options, and even caregiver support—designed to get workers back on the road, and back to work, quickly. In fact, 71% of employees say their employer should offer Commute Guard.

For Lenders: Smart Coverage That Builds Loyalty

Lenders are uniquely positioned to offer meaningful support to customers who are often navigating uncertain financial terrain. FIMC’s array of ancillary benefit packages—Home & Auto, Auto Plus, and Silver Safeguard—provide tangible protection when it matters most.

These plans address everyday risks: sudden car repairs, out-of-pocket medical expenses, identity theft, and more. For retirees, Silver Safeguard is a powerful add-on, providing telemedicine access, hospitalization reimbursement, and funeral support—addressing real needs with real solutions.

By offering these packages, Lenders can open up new revenue streams while giving their customers a safety net and enhancing their experience with your brand.

For Brokers: Meet Customers Where They Are

Insurance Brokers know that customers want more from their coverage, but they don’t always know what to ask for. That’s why bundling lifestyle-focused plans like Auto Hero, Home Hero, and Pet Hero can set you apart in a competitive marketplace.

These FIMC programs are designed for affordability and everyday relevance. Whether it’s a pet emergency, a home repair, or a roadside breakdown, these solutions offer peace of mind to customers who don’t have hundreds—or thousands—of dollars sitting around for the unexpected.

Providing these benefits positions your business as a reliable partner rather than merely a transactional provider. It also allows for additional selling opportunities, increased revenue, and greater client retention.

The Bottom Line

Ancillary benefits provide coverage and confidence. They give everyday people a buffer against the unexpected and offer businesses a way to lead with value.

If you’re a lender, broker, or employer looking to support customers in meaningful, impactful ways, especially in this difficult financial climate, there’s never been a better time to act.

With FIMC’s range of ancillary benefit programs, you can protect the customers you serve while also protecting your bottom line.