Group life insurance is available to clients with 2 or more employees. The most common plans offered by employers provide a multiple of an employee’s salary starting with 100% to as high as 500%. Some employers offer a flat benefit amount such as $25,000 or $50,000 of coverage. Benefits can vary by employee classification such as income or job title. This benefit is typically paid for by the employer.
Group Size: 2 or more employees
Rate Guarantees: 2 or 3 years
Plan Types Available: Traditional or Voluntary