Group Life Plans

If you have at least ten employees, we recommend providing a base group term life policy—usually around $25,000 per person. It’s not long-term coverage, but it’s an important safety net. For many employees who haven’t taken the time to get their own policy, this ensures at least funeral and basic final expenses are covered.

From there, we help you build on that foundation with optional, employee-paid life insurance benefits. Voluntary **term life** coverage lets employees increase their protection to more meaningful levels, often without medical underwriting. And **voluntary whole life** or **universal life** policies offer long-term, permanent coverage—often with cash value growth and family protection that stays with them after they leave the company.

One feature we’re especially excited about is the **chronic care rider**—available on many of the policies we offer. Most companies only offer 2% or 4% per month for long-term care expenses. Ours can offer up to 6% of the face amount per month—a significant boost in benefits when care is needed most.

This gives employees (especially executives) a more modern approach to long-term care. Instead of paying for a standalone LTC policy they may never use, they can build it into their life insurance—making their coverage more flexible and valuable over time.

Need help figuring out what makes sense for your team? Check out our Bill Audit program or reach out today. We’ll walk you through the options and help you build a life insurance package that protects your people and adds real value to your benefits program.