Providing your employees with life insurance coverage is one of the best benefits you can provide as an employer.
Most companies offer basic group life insurance in which the employer pays some or all of the cost of coverage. Supplemental life insurance, additional insurance coverage that can be purchased by the employee, is also a popular benefit option.
Benefit plans may include:
- Flexible schedules and maximums
- Benefit amounts based upon an employee's earnings
- Accidental death and dismemberment coverage
- Conversion options