Group Term Life

Providing Group Term Life insurance options for your employees will help them plan for a secure future.

With many medical plans, a $20,000 Group Term Life insurance policy for each employee can be included. Also included is Accidental Death and Dismemberment insurance. Considering Group Term Life when designing a benefit program for you and your employees is a valuable investment.

      Coverage Details

• There is an additional cost per $1,000 of selected benefit amount.
• Additional amounts may be available. Contact Us for more details.
• Waiver of premium included.
• When an employee reaches age 65, benefits are reduced to 65% of the original amount, and are further reduced to 50% of the original amount when an employee reaches age 70.
• All benefits are paid in a lump sum.
• Accelerated death benefit included.
• Coverage ends at retirement or when the employee leaves the company.  However, coverage may be converted.  Employees have the option to continue coverage on an individual basis upon leaving the company.

Supplemental Life Insurance | Dependent Life Insurance | Universal Life Insurance