So how are employees supposed to know what kinds of insurance to consider and what benefit levels to select? These 10 questions from Transamerica are a good place to start.

What's my share of medical costs?

Deductibles, copays, and coinsurance amounts are on the rise, so be sure to find out what they are before looking at policies designed to help with these and other expenses.

An important part of financial planning is understanding what you would have to pay for a costly medical event such as an accident or critical illness.

What are my out-of-pocket non-medical expenses?

Many expenses such as transportation, child care, and lost income due to missing work are not covered by your major medical insurance.

These non-medical costs can add up quickly.

Do I want to use my savings for these expenses?

Even if there's enough money in the bank to handle them, wouldn't you rather use your savings for your next vacation?

Supplemental insurance is an option some consider.

For example, according to Transamerica, a critical illness policy would pay a lump sum cash benefit after a heart attack, and that money could be used for travel to see a specialist or to cover child care while you focus on recovery.

How would I make up for lost income if I became disabled?

Many employers offer some sort of coverage for long-term disability.

Consider what could happen if you couldn't work for three to six months due to a back injury. Short-term disability insurance would provide a percentage of your pay for a specified period of time.

How might my health history affect my health benefits needs?

Past problems could indicate a predisposition to other problems and recurrences of similar issues.

Is there a chance you might need hospitalization? Hospital indemnity insurance pays benefits for hospital stays.

How might my family medical history affect my health benefits needs?

Has anyone in your family had cancer, heart disease, or high blood pressure?

Consider how cancer insurance or critical illness insurance can help if you've likely inherited certain family illnesses.

How might my family's leisure activities affect my benefits needs?

Playing sports, hiking, or spending time at the lake?

Some activities carry more risk of injury. Accident insurance pays benefits you can use for medical bills and other out-of-pocket expenses.

Will I be able to schedule routine eye exams and dental cleanings?

Your eyes may be a window to your soul, but they can also help detect potential health issues. Plus, protecting your oral health represents a crucial disease-prevention strategy.

Vision and dental insurance can be helpful.

Consider what you'd spend without one or both of these types of policies, and balance that amount against the cost of coverage.

How does my age affect my health risk factors?

Getting older can make insurance even more important.

At younger ages, the risk is lower, so some types of insurance are more affordable. Take a look at your employer's group rates—they may be lower than you think.

Will my loved ones need my income in the event of my death?

Do I have life insurance? Do I have enough life insurance? Group life insurance is competitively priced and offers certain levels of coverage on a guaranteed issue basis.

For employees, asking these questions and checking with your employer about these benefits can help create a clearer picture of your life and supplemental health insurance needs so that you can select the right policies to help protect yourself and your family from life's curve balls.