Group Life Insurance:
Benefits in a Time of Need
As an employer, you recognize the importance of employee benefits and how they contribute to the success of your business.
Business Life Insurance
Group life insurance involves a single contract that covers an entire group of people. Typically, the policy owner is the employer and the policy covers the employees or members of the group.
Term life insurance is the most common form of group life insurance. Group term life insurance is typically provided in the form of yearly renewable term insurance with flexible options.
Group life insurance: Planning and protection
Business life insurance is an important part of a long-term financial planning strategy. It provides essential protection for your employees at a competitive group rate. In most cases, the cost of group life insurance is less than what the employees or members would pay for a similar amount of individual coverage.
The unexpected can happen, and when it does, you’ll have peace of mind knowing your employees and their families have coverage to help ease the financial burden of a loss.
Making the business life insurance experience easier and more affordable
The ADPIA team takes group life insurance personally. That’s why we back our highly competitive offerings with a service model that is second to none. By taking the time to understand your business, your goals and your employees, we can create a strategy to help optimize your health and benefits insurance investment all year long.