Group Life Insurance for Your Team
Affordable group term life, supplemental coverage, and voluntary AD&D from top-rated carriers. Protect your employees and your business.
Get a Free QuoteProtect Your Team — And Your Business
Group life insurance is one of the most valued employee benefits you can offer. It provides a tax-free death benefit to an employee’s beneficiaries and gives your team peace of mind knowing their loved ones are protected. As an independent broker, we shop multiple top-rated carriers to design a group life plan that fits your budget and your workforce.
Whether you need basic group term life for all employees, supplemental coverage for key executives, or voluntary AD&D options, we have the right solution for your organization.
Group Life Coverage Options
| Coverage Type | Who Pays | Typical Amount | Best For |
|---|---|---|---|
| Basic Group Term Life | Employer-paid | 1x – 2x annual salary | Core benefit for all employees |
| Supplemental Term Life | Employee-paid (voluntary) | Up to 5x+ annual salary | Employees wanting more coverage |
| Voluntary AD&D | Employee-paid | 1x – 5x annual salary | Accidental death & dismemberment protection |
| Dependent Term Life | Employee-paid | $5,000 – $25,000 | Spouse & child coverage |
| Executive Supplemental | Employer-paid | Custom amounts | Key person & executive retention |
Basic Group Term Life
Employer-paid basic term life is the foundation of any group life benefits package. Typically offered as 1x to 2x an employee’s annual salary, this coverage is provided at no cost to the employee and is guaranteed issue during initial enrollment with no medical underwriting required.
The first $50,000 of employer-paid group term life is generally tax-free to employees, making it a highly efficient benefit for both the employer and the team.
Supplemental & Voluntary Life
Employees who need more than the basic coverage can purchase additional term life insurance through payroll deduction. Supplemental life typically allows employees to elect up to 5x or more of their annual salary, often with simplified underwriting and competitive group rates.
Voluntary AD&D (Accidental Death & Dismemberment) provides an additional layer of protection for accidents — covering loss of life, limbs, or sight due to accidental injury. This low-cost benefit is a popular add-on that employees appreciate.
Key Person Life Insurance
Your business relies on key employees — the people whose knowledge, relationships, and leadership drive your success. Key person life insurance is a policy the business owns on a key employee’s life. If that employee passes away, the business receives the death benefit tax-free, providing financial stability during the transition period.
Key person coverage can be used to:
- Fund a search for a replacement — recruitment, hiring, and training costs
- Offset lost revenue — while the business adjusts to the loss
- Reassure creditors and investors — showing the business is protected
- Fund a buy-sell agreement — ensuring a smooth ownership transition
We help you identify which employees are truly key to your operations and design appropriate coverage amounts based on their role and revenue impact.
Portability & Conversion Rights
One common concern employees have about group life insurance is what happens if they leave the company. Most group term life policies include portability and conversion options that allow departing employees to take their coverage with them.
- Portability: Employees can continue the same group term coverage at the group rate by paying premiums directly.
- Conversion: Employees can convert their group term policy to an individual permanent life policy without medical underwriting.
We help you communicate these valuable features to your team so they understand the full value of their benefits package.
Frequently Asked Questions
Protect Your Team Today
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