Group Life Insurance

We have several types of Group Life Insurance. We have whole life and term life. Please contact us for whole life insurance group quotes. Or call us at 770-329-7695

Group Term Life insurance is a very simple product. Employer-paid basic coverage fills an immediate need for protection at no cost to employees. Group Term Life insurance provides a base of protection employees can supplement with:

• Personal savings.
• Individual life insurance.
• Social Security benefits.

Features

• A foundation of insurance protection for employees and their families
• Coverage amounts up to $50,000 paid by the employer are income tax-free to employees
• A death benefit provides survivors with an "emergency fund," allowing them to use individual life insurance and other funds for long-term needs
• A voluntary plan through the supplemental option, which allows employees to choose the amount of insurance that fits their personal and financial situation

Benefits

• Attract and retain high-caliber employees
• Take advantage of a tax-deductible business expense
• Use group buying power to secure competitive premium rates
• Adequately insure large groups at a reasonable cost

Is this product right for your group?
The most popular ways to offer coverage are:

• On a salary-driven basis (multiples of annual salary); or
• As a flat amount of coverage ($25,000, $50,000, etc.).

Options for employers to offer employees:

• Basic Group Term Life coverage provides insurance for employees that's entirely paid by the employer.
• Supplemental Group Term Life coverage is voluntary coverage paid for by the employee. Employers typically offer this insurance in conjunction with an employer-paid Basic Term Life plan