Group life insurance
Group life insurance gives your employees financial protection for the people who depend on them. It is one of the most affordable benefits you can offer, and one employees value.
Options for your company
- Basic group term life, often paired with accidental death and dismemberment (AD&D) coverage.
- Voluntary (supplemental) life, so employees can buy additional coverage for themselves and their dependents through payroll deduction at group rates.
- A tax-friendly benefit: under federal tax rules, the cost of the first $50,000 of employer-provided group term life coverage is generally not taxable to the employee.
How we help
- Compare coverage amounts, rates and features across carriers.
- Combine life with your medical, dental and vision plans for a complete package.
- Help employees and their beneficiaries with questions and claims.
Common questions
How much group life coverage do employers usually offer?
Many employers offer a flat amount or a multiple of salary, then let employees buy more as voluntary coverage. We will help you choose an amount that fits your budget.
What happens to group life coverage if an employee leaves?
Group coverage usually ends when employment ends, though many policies let employees convert or continue coverage on their own. Details vary by carrier.
More answers in Health Insurance Defined and our glossary.
Related services
Group medical insurance
Offering health insurance helps you attract and keep good employees.
Group dental insurance
Dental coverage is one of the benefits employees use most and appreciate most, and it costs far less than medical coverage.
Group disability insurance
Disability insurance replaces part of an employee's income if an illness or injury keeps them from working.