IN THIS SECTION

Group Term Life

This is life insurance protection with premiums paid by the employer as a benefit for workers. It is designed to cover all employees in a plan with premiums typically paid 100 percent by the employer. This is an annually renewable term policy providing a guaranteed death benefit.
Another type of policy is a voluntary payroll deduction program, which may be offered in conjunction with group term life insurance plans (above) at no cost to you. As the employer, you simply agree to let us meet with each employee and process the scheduled deductions from their paychecks.