GROUP LIFE INSURANCE
1. Essential Protection for Your Employees
Group life insurance is a valuable employee benefit that provides financial protection to your team and their families at little to no cost to the employee. It's an affordable way for employers to show they care about their employees' well-being while strengthening recruitment and retention efforts.
We help businesses of all sizes design and implement group life insurance plans that fit their budget and meet the diverse needs of their workforce.
2. Types of Group Life Insurance
- Basic Group Term Life: Employer-paid coverage, typically 1-2x annual salary
- Voluntary Group Term Life: Employee-paid supplemental coverage for higher benefit amounts
- Dependent Life Insurance: Coverage for employees' spouses and children
- Accidental Death & Dismemberment (AD&D): Additional coverage for accidental injuries or death
3. Benefits for Employers
- Attract and retain top talent
- Tax-deductible premiums (up to $50,000 of coverage per employee)
- Group rates are typically lower than individual policies
- Simplified underwriting and enrollment
- Flexible plan designs to fit any budget
4. Benefits for Employees
- Coverage with little to no medical underwriting
- Protection for loved ones at an affordable cost
- Option to purchase additional voluntary coverage
- Portability options if they leave the company
5. How We Help
Our team handles everything from plan design to enrollment and ongoing administration. We work with leading carriers to ensure your employees have access to quality coverage and exceptional service.
Request a group life quote or speak to a benefits consultant to learn more.