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Group Life Insurance Benefit Plan :: MD, VA, DC

Group Life Insurance Benefit Plan :: MD, VA, DC

In this economy, employee benefits can be a more important tool than ever for a business owner.   Workers are concerned about making ends meet and at the same time protecting their financial future.  Offering group life insurance to your employees and their dependents can help attract and retain good people.  Here at Community Insurance Services  in Laurel, Maryland, we can help you establish a program that best  fits your company’s needs.

What is a Group Life Insurance Benefit Plan?

Group life insurance is an employer-sponsored program for you, your employees and (optionally) their dependents.

Typically, if the program is wholly sponsored, the type of coverage will be term life insurance for which your company may pay 100% of the premium.

Group life insurance can be structured in many ways, perhaps taking the form of a voluntary insurance program for your employees who pay their premiums using a payroll deduction system that you administer.  In this type of program, it is possible to offer whole life insurance as opposed to term life insurance.

As you explore your options for Group Life Insurance, you might wish to also consider Key Employee Life Insurance

Why not contact one of our representative here in Laurel, MD, who can help you explore all the group life insurance options available for your business?  Just contact us today for details or to get started.

 

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The scope of your insurance coverage and options depend entirely upon the policy and the insurance company providing it.  This website is not intended to advise, offer or bind coverage.  You should always discuss your insurance issues with professionals such as a licensed and qualified insurance agent like those at Community Insurance Services before making any decisions or choosing a course of action.

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What Our Customers Have To Say...

I have been a policy holder since 1968 when I was added to my parents' policy. After I married in 1972, my husband and I applied for our own policy. We have always received competent and pleasant service. Robin Marley is our agent, and has been extremely helpful with all of our insurance needs.--- Marsha M.