Group Life and AD&D Insurance

While health insurance is a common employee benefit, it’s not unusual to get life insurance at work, too.

Life insurance policies are important for protecting a family in case the primary earner were to pass away while leaving financial burdens such as debts that need to be paid. Employees often forgo investing in individual life insurance plans, especially at a younger age. A group life policy is an easy way to provide employees with affordable and convenient life insurance with similar characteristics to individual life insurance plans such as whole life, universal life, term life, AD&D, etc.

The U.S. Bureau of Labor Statistics reports that three-quarters of full-time civilian workers are offered life insurance by their employers. The overwhelming majority of them take advantage of the benefit.

Our agents here at Excel Benefits will work to customize the most fitting group life policy for your business.