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Term Life Insurance

For many adults, the only term life insurance policy they have is through their employer. Offering a term life insurance option to your employees as a benefit shows your workers they are valued, while giving employees the ability to protect their loved ones should they die while in your employ.

Types Of Term Life Insurance Policies

Group-term life insurance policies are the most commonly offered type of employer-provided life insurance in effect for a defined period of time. When employer-provided, the term is typically the length that the employee is employed. There can be options to convert a group-term life insurance policy into an individual policy, should this be necessary.

There are various types of term life insurance policies. The most common include:


Term life insurance as part of an employee benefits package is typically attractive to most employees since the cost is lower than purchasing an insurance policy on the open marker. Employees do not need to undergo underwriting and avoid feeling penalized or getting denied for coverage for having a chronic or pre-existing condition whether they have employer paid or employee paid group-term life insurance.

Term life quote

Considerations When Providing Group-Term-Life Insurance

As an employer providing group term life insurance, you must determine who should be covered, the type of benefits you will offer, and the optimal and most affordable amount of life insurance to offer.

The Administration Of Group-Term Life Insurance Plans

Finding the right vendor and making sure your group-term life insurance plan is properly administered are critical, and that’s where The Benefits Group comes in. Our experts will pair you with the right term life insurance carrier so you and your employees feel fairly and generously protected.

The Benefits Group will help you determine the right company, agent, type of insurance, and insurance amounts you want coverage for to pair you with the best insurance liaison. Ideally, group-term life insurance benefits do not generate many claims, so these policies do not require a great deal of work on the part of the employer.

Contact The Benefits Group today to discuss your options for securing group-term life insurance coverage for your employees.

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