Group Life Insurance

Group Life Insurance

Group Life Insurance

Provide employees and their families with workplace life insurance that complements your broader benefits program.

Group Life Insurance

Group Life Insurance

Provide employees and their families with workplace life insurance that complements your broader benefits program.

Financial Protection for Employees and Their Families

Group life insurance provides employees with valuable financial protection while helping employers offer a more complete benefits package. Global Advisers helps businesses evaluate group life insurance options based on workforce needs, benefit levels, employer contributions, and overall cost.

Coverage can provide a foundation of employer-paid protection while giving employees the opportunity to purchase additional insurance based on their individual needs.

Basic and Supplemental Life Insurance

Employers can structure group life insurance in several ways. We help businesses evaluate considerations including:

  • Employer-paid basic life insurance, with benefits based on a fixed amount or a multiple of compensation
  • Supplemental life insurance, allowing employees to elect additional coverage
  • Spouse and dependent coverage, when available
  • Accidental death and dismemberment coverage, when offered with the plan
  • Guaranteed-issue coverage, where available and subject to applicable plan limits
  • Portability and conversion provisions that may allow employees to continue certain coverage after leaving the employer

Plan features, eligibility requirements, coverage limits, underwriting provisions, and costs vary by insurer and employer group.

A Coordinated Benefits Approach

Life insurance should complement the employer’s broader benefits program. Global Advisers helps businesses compare available coverage and consider how life insurance works alongside Group Health Insurance, Disability Insurance, and other employee benefits.

For organizations seeking additional coverage for owners, executives, or other key employees, we can also evaluate Executive Benefits separately from the broader employee program.

Discuss Group Life Insurance Options

Whether you are establishing a group life benefit or reviewing existing coverage, Global Advisers can help you compare available options and determine an appropriate structure for your organization.

Insurance products and services are separate from investment advisory services. Insurance coverage, eligibility, premiums, benefits, underwriting requirements, and availability vary by insurer, employer group, and state. Global Advisers and/or its licensed insurance professionals may receive commissions or other compensation from insurance carriers in connection with insurance products or placements. Clients are not required to purchase insurance products through Global Advisers as a condition of receiving investment advisory services. Information regarding employee benefits is general in nature and is not intended as legal, tax, or accounting advice.

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Group Life Insurance

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