
Group Life is designed to cover the lives of some or all employees of your business or association.
The person owning the master group policy is the employer or the association. The insured person may get the policy as an employee benefit, have it partially paid by the employer or pay for it directly or as a member. The employee can name their own beneficiary and are issued a certificate as a part of the group policy.
Group life insurance is for the most part based on the risk characteristics of the group as a whole, without the usual underwriting for each member, assuming that some members of the group would be better risks then others. This will often produce savings for it's members since it lowers the cost of underwriting and issuing the policy.
Florida Affordable Insurance can help you to setup and offer your employees a benefits package using life, health, as well as short term disability, long term disability and dental & vision plans that can cost you literally nothing out of pocket and even save you money.
So do not hesitate call today or take a minute to email us by using the form on the left side of this page. We look forward to showing you how a benefits package can be good for your employees and save you money at the same time.