Provide peace of mind to your employees by ensuring that their loved ones are taken care of.
Employee Basic Life Insurance
Life insurance is a key element in most group insurance. It provides a lump sum payment as well as financial security for an employee’s beneficiaries in the event of his or her death. Most often, insurance companies will provide an amount of coverage without requiring evidence of insurability. The higher the number of insured employees under a plan, the higher the coverage amount, without evidence of insurability.
Dependent Life Insurance
This benefit automatically provides coverage for an employee’s spouse and children.
For example, the spouse is covered for a flat amount of $10,000 and each child for a flat amount of $5,000.
To learn more about Life Insurance, we invite you to reach out to us.