Life insurance is one of those steps we take not for ourselves, but for our loved ones. And it makes a great addition to an effective, well-rounded employee benefit plans. Many levels of insurance protection are available, often tied to such things as salaries, hourly wages, tenure, etc.
How much life insurance should you provide?
This varies from company to company and depends on what plans you want to make available. Think of it as an important part of your employee retention program. The more you offer, the more likely it is that you keep your most valued employees. You can offer a variety of plans, both term and permanent insurance, for example, with any amount of face value.
Which works best for your employees? Let’s find out.
Our life insurance and employee benefits planning specialists can help you find the right type of policy for your company. For more information, we invite you to contact us by phone or email, or by filling out the quote request form above. We look forward to working with you.