Group Life
Group Life and AD&D protection provide covered employees with life insurance along with a stated amount of accidental death and dismemberment coverage. These benefits may be offered alongside a group medical plan or they can be purchased as stand-alone products.
Term Life
- Planned Level-Premium Periods (e.g. 5, 10, 15, 20, 30 years)
- Family Coverage Available
- Waiver of Premium (employees only under the age of 60)
- Accidental-Death and Dismemberment Tobacco/Non-Tobacco Rates (Renewal option & terms of renewal and qualifications for annual renewal is based on the specific term of the account).
Whole Life
- Builds cash value at a guaranteed rate of return.
- Employee Coverage issue age 18-70 (varies by situs state)
- Spousal coverage available
- No Medical Exams Required
- Certificate holders and their families may apply for benefit amounts by answering only a few medical questions.
- Tobacco/Non-Tobacco rates applicable to the certificate holder and spouse
- Dependent child coverage
- Accidental Death Benefit
- Accelerated Benefit
- Waiver of Premium
- Portability option if the certificate holder changes jobs or retires
- Non-Forfeiture Options