Group Life Insurance
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Group Life Insurance
Group life insurance provides employees with life coverage through
their employer — an affordable, high-impact benefit that gives your team financial security
for their families. Because it’s offered at a group rate, it’s typically inexpensive for
employers to provide and easy for employees to value.
What it includes
employer-paid basic term life · optional employee/dependent supplemental life · often bundled with disability or AD&D.
Who needs it
employers building a competitive benefits package who want a low-cost, high-appreciation offering.
Cost factors
group size, coverage amount, and employee demographics.
Frequently asked questions
We’ve answered the most common questions to make choosing and managing your insurance easier and stress-free.
1. Is group life insurance cheaper than individual?
Usually yes
— group rates are lower, and often require no medical exam up to a guaranteed amount.
2. Can employees add coverage?
Many plans let employees buy supplemental coverage for
themselves and dependents.