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| Group Life Insurance |
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Employer-sponsored life insurance plans can be an invaluable employee benefit. Life insurance can be worth thousands of dollars in additional, tax-free income. This benefit can help protect the financial security of your employees and their families.
Types of group life insurance:
Term / Whole Life / Universal / Variable Insurance
Advantages of group employer-sponsored benefits:
Low group rates
Coverage is purchased collectively, under a master policy. This generally means lower administrative and other costs than those for individual policies. This can help make the rates highly attractive.
Liberal group underwriting standards
Very often, people who might otherwise have difficulty obtaining coverage at standard rates can be insured through their group policies.
Protection against preexisting conditions
Once coverage has been issued, it cannot be canceled because of deteriorating health. As long as the entire master policy is renewed, no currently covered individual can be singled out for exclusion.
Standard Face Amounts:
Flat Amount / Based on Salary / Classification
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| For more information, please e-mail us or contact our staff at 631.499.1180 |
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