Group Dental

Many leading employers offer Group Life insurance as an employee benefit, understanding how this coverage serves to round out a comprehensive financial plan. Often, employers opt for term life insurance, but whole life insurance benefits are also available. There are also plans that come with a disability clause for workers who become disabled before a certain age.

The Evans, Pires & Leonard professionals will help you examine all your options so you can evaluate what’s best for your company for Group Life Insurance.

Group Life plans allow the employer to buy a master policy then issue certificates of participation in the plan. Although each employee is underwritten as part of the employer’s group and no one is denied based on a medical condition, an employee typically has the right to keep their coverage and convert it to an individual policy when they leave the employer (with some restrictions).

A Group Term Life policy is often the most affordable option for employers. It provides a large amount of insurance for a set period in a worker’s life. It usually is designed to provide benefits for dependents in the event of the insured’s premature death. A Whole Life insurance policy is more expensive, but it lasts longer and builds cash value over the course of its existence—value that the employee can borrow against or use in other ways.

You may also choose to offer additional protection for accidental death and dismemberment (AD&D), which can cover loss of life or any of the five senses. It can be offered in conjunction with a Group Life policy or as a voluntary product.

    Contact Us Today

    Fill out the form to ask a question or request a quote and it will be answered by one of our insurance experts.

    Round out your employee benefits package with group life.

    With Evans, Pires & Leonard, you’re not a policy to us. We create a relationship with our customers through earned trust, integrity, experience, and knowledge. Give us a call at 860.289.6816 or email us, or if you prefer fill out and return the convenient form on this page. One of our professionals will contact you to discuss your insurance needs and our alternative solutions in helping to protect you. Since 1967, we have been serving the communities from Tolland to Glastonbury to Portland and Old Saybrook.