GROUP LIFE INSURANCE
Life insurance is a valuable benefit you can provide as an employer. Most companies offer basic group life insurance in which the employer pays some or all of the cost of coverage. Supplemental life insurance, additional insurance coverage that can be purchased by the employee, is also a popular benefit option.
Group life is written on a "guaranteed issue" basis, so all eligible employees can obtain the basic coverage amount, regardless of their health status, as long as they sign up during the enrollment period.
Some group plans offer additional enhancements, such as allowing employees to convert their coverage to an individual policy if they leave the employer.
Conforti & Associates can work with you to design a group life insurance plan that fits your needs and provides a quality benefit to your employees.