Life Insurance Coverage

We compare plans and guide you to select coverage that supports your team's future financial security.

Why Life Insurance Matters to Your Workforce

Group life insurance helps employees protect their loved ones by providing financial support that may help cover expenses, debts, and future needs if the unexpected occurs.

Offering group life insurance shows employees you care about their families’ financial security while providing a valuable benefit that supports retention, loyalty, and overall workforce satisfaction.

Term Life Insurance

Term life insurance provides coverage for a set period, typically 10, 20, or 30 years. If the policyholder dies during this period, beneficiaries receive a tax-free death benefit. When the term ends, coverage can often be renewed, converted to permanent insurance, or allowed to lapse.

Whole Life Insurance

Permanent coverage that lasts a lifetime as long as premiums are paid. Offers a guaranteed death benefit and builds cash value at a fixed rate, which can be accessed through loans or withdrawals.

Universal Life Insurance

Provides permanent coverage with greater flexibility. It allows you to adjust premium payments and, within certain limits, the death benefit your beneficiaries receive. This policy builds cash value that earns interest at rates set by the insurance company.

Indexed Universal Life Insurance (IUL)

An IUL is a permanent life insurance policy in which the cash value grows with a market index, such as the S&P 500. The policy earns interest up to a set cap when the index rises and is protected by a minimum interest floor, shielding you from market losses.

Variable Life Insurance

A type of permanent insurance that allows you to invest the cash value in options such as stocks (ownership in companies), bonds (loans to companies or governments), or mutual funds (investment funds managed by professionals). Both the cash value and death benefit can rise or fall based on investment performance.

Final Expense Insurance

A small whole life policy, with smaller face amounts (typically $5k–$40k); designed to cover burial costs and end-of-life expenses. It offers lifelong coverage, fixed premiums, and simplified underwriting.