Group Life/AD&D Coverage

Six out of ten corporations offer Group Life as a corporate benefit because it is an in-expensive way for an employee to purchase coverage for themselves and their dependents.

Coverage is affordable and 90% of the premium cost favors the employer.
The employer can structure a plan based on classification: as an example see below:

Class I covers executives: (i.e.) 2 x BAE (Basic Annual Earnings) to a max of $300,000 or flat $300,000 in benefit

Class II covers management: 2 x BAE to a max of $50,000  or flat $50,000
Class III all employees:  Flat $20,000

Offering this coverage to all employees is good business sense, since 90% of the premium is going to you the owner.

We also offer voluntary benefits for corporations who do not want to contribute to the premium, enabling the employees to pay 100%.

Our Carriers:

Carriers	A.M. Best Rating
Guardian	A++
Fort Dearborn	A+
Lincoln Financial	A+
Prudential	A+
Sun Life	A+
Aetna	A
Hartford*	A

Carriers	A.M. Best Rating
Liberty Mutual	A
Reliance	A
Standard Life	A
UNUM	A
U.S. Life	A
Assurant	A-

*Rating as of March 23, 2011. For current rating go to http://ir.thehartford.com/ratings.cfm.

As always there’s no cost to you unless you give us the approval to write the plan.
 

For Group Life/AD&D Quotes:

Call us at (800) 325-2777 or e-mail Laurie Carson and she will work on putting together a competitive comparison letter for you that will include various plans tailored to your clients needs.

Information needed:  
Census (age, sex, salary, job occupation)
Present Plan Booklet
Recent billing report
Over 200 employees: loss experience

 

For Individual Life/AD&D Quotes:

Sample Ancillary Line Comparison (PDF)

Have questions?
Call (800) 325-2777 or email us today!