No matter what stage of life your employees are in, they appreciate having life insurance to protect their loved ones. In fact, life insurance is an important part of many families’ long-term financial plan.
Life insurance helps your employees put the people in their lives first. If an employee passed away, the life insurance proceeds would go to the people designated as beneficiaries. Those funds can help loved ones manage financial obligations, such as: funeral expenses, mortgage or rent, college funding, daily living expenses, and more.
Plus, offering group life insurance enhances your benefits package. And great employee benefits can help you attract and keep quality employees.
Employers can offer different group life insurance options.
These types of policies are also easier for employees to purchase and qualify as they do not require an insurance exam, some policies provide coverage with zero health information up to specific coverage amount whereas others may require answering a few health-history questions to qualify for higher amounts of coverage.
Additional types of life insurance can also be offered including permanent life insurance options:
We partner with highly rated life and group life insurance companies to provide you and your employees the best fit options to meet their life insurance needs.
Adding group term life insurance coverage is very affordable, the equivalent of less than a 3 cent per hour pay raise.