Give the gift of peace of mind
Group Life Insurance policies allow employers to provide Life Insurance coverage to their employees. These types of policies give employees extra comfort, knowing their family will receive financial help in the event of their untimely death.
They’re a very affordable option, oftentimes not requiring any out-of-pocket costs to your members or employees (unless they choose more advanced coverage). Some companies wait until an employee has worked for a certain amount of time before allowing them to receive this benefit. All policies will require a beneficiary to be named prior to the policy coming into effect.
Term insurance is the most common type of group coverage employers choose to offer their employees. Features of this type of policy include:
- Benefits upon death of the insured person
- No health underwriting required
- There are no savings benefits with Term Life Insurance
Life Insurance policies are an easy way of providing some additional financial help to an employee’s family in the event of an untimely death. As an independent agency, we compare multiple companies and plans to find the one that best fits your needs. We also help our clients maintain their plans and evaluate options as their business grows.
Contact us to speak with one of our knowledgeable life insurance agents to learn more about Life Insurance policies and how they can benefit your organization.