Group Life Insurance plans provide your employees with the security of knowing that their family will have protection to help ease the financial burden in the event of their death.
Because Life Insurance coverage is available without medical proof of insurability, it can provide employees with the needed protection that may not otherwise be available to them due to a current medical condition. They may be able to convert their coverage to an individual policy if their employment terminates prior to retirement, providing continued peace of mind.
Dependent Life Insurance can also be included for an employee’s spouse and dependents, ensuring coverage for the entire family. In addition, Optional Life Insurance allows employees the opportunity to purchase additional protection over and above the basic Group Life Insurance provided.