Group life insurance can offer you and your employees similar benefits as a group health plan would. Most often an employee considers two major aspects when accepting a job—salary and benefits. By offering an affordable life insurance option to your employees you are providing yourself with the opportunity to hire and retain high-quality employees. Group life insurance will also grant your employees the multiple benefits of a comprehensive personal life insurance policy, something that may have oftentimes seemed un-affordable to the average individual.
Group life insurance offers you and your employees similar benefits as an individual plan including but not limited to:
- Cover final expenses
- Provide your heirs with an inheritance
- Continue providing for your dependents
- Contributing to charities
- Pay federal and state death taxes
- A retirement savings account
Contact Bridgeport for a free evaluation of your business venture’s need for group life insurance —better yet receive your free quote online, right now!