Group Life Insurance
Professional Insurance Administrators Serving Clients Nationwide
Employers who want to ensure their employees are highly satisfied while being a part of their company choose to offer group life insurance, or term life group insurance, to their employees. There are no federal Family Medical & Leave Act (FMLA) regulations that require an employer to offer group life insurance, but it is often a good idea to secure employee loyalty. As an employer, you can offer group life insurance coverage at no additional cost to employee benefits, or you can make it a voluntary benefit provided through paycheck reductions.
How can you decide what group life insurance policy is best to offer your employees? You may have many options, but there is only one place to go for friendly, knowledgeable guidance and assistance: Insurance Specialists, Inc. Our professional insurance administrators and brokers are here to get you and your company the right group life insurance.
Standard Issue Life Insurance
- Available to members under the age of 75.
- Members choose any amount up to $1.5 million in $5,000 increments.
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Spouses added to the plan can choose any amount up to $500,000 in $50,000
increments.
- Spouse coverage cannot exceed member coverage in value.
- Plan will pay in addition to applicable separate coverage you may already possess.
Simplified Issue Life Insurance with One Step Express
- Available to members under the age of 60.
- Only five medical questions asked during initial application process.
- Up to $250,000 of coverage for members under age of 50.
- Up to $150,000 of coverage for members ages 50 to 59.
- Plan will pay in addition to applicable separate coverage you may already possess.
(* Affordable group rates available for members and spouses with no policy fees.)
Interested in applying for coverage or learning more about group life insurance policies? Call (888) 451-0883 or apply online now.