Why Offer Group Life Insurance Benefits to Your Employees

While the details of each life insurance plan vary from company to company, offering life insurance to your employees is one of the least expensive ways to add value and show employees that you care. It’s your way of letting them know that their families won’t be saddled with burial expenses because you’re doing your part in protecting them.

A basic group insurance policy can cover every full-time employee and with some policies, employees can also be offered the option of turning the policy into a whole life policy. Select policies also have the option to add a voluntary benefits policy, and depending on the plan you select, benefits may be portable, leaving with the employee when they depart from your company.