Because families need protection against the financial hardships that result from unforeseen events, Group Life Insurance is at the core of every employee benefits program. While no one can avoid the emotional trauma associated with a death in the family, you can help ease your employees’ financial pain.

• Group Life Insurance is term insurance covering a group of people, usually employees of a company or members of a union or association Individual proof of insurability is not normally a consideration in the underwriting. Rather, the underwriter considers the size and turnover of the group, and the financial strength of the group. Contract provisions will attempt to exclude the possibility of adverse selection. Group life insurance often has a provision that a member exiting the group has the right to buy individual insurance coverage.
  

• Group Accidental Death & Dismemberment Insurance:  While you cannot guarantee your employees’ health, wealth, and safety, you can provide peace of mind. Group Accidental Death & Dismemberment Insurance provides employees 24-hour protection in the case of death, dismemberment, or permanent total disability for covered accidents. Their coverage is good anywhere, on or off the job, on business trips, on vacations, or at home. Accidents resulting in death or serious injury can occur at a time in life when debts are high and savings low. Adding Accidental Death & Dismemberment Insurance strengthens your Group Life Insurance plan. Coverage pays benefits for the loss of life, sight of one eye, one hand or one foot.
  

• Voluntary/Supplemental Group Life Insurance: The Supplemental Group Term Life Insurance Plan is meant to supplement your Group Term Life Insurance benefit amount. It adds an extra layer of financial protection for your family. Voluntary Group Term Life gives employees an opportunity to buy life insurance at a group rate, which is often more affordable than an individual rate. As an employer, all you need to do is allow premium payments by employees to be made through payroll deduction. Voluntary Group Term Life is a simple and inexpensive way to help your employees take care of what matters most. By offering Voluntary Group Term Life insurance, you can provide basic protection for your employees and their families should a loss occur. No doubt, the loss of income could create financial hardship and lifestyle changes for those left behind.