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Group Life Insurance

Group Life Insurance – an employer-sponsored benefit program

kig-73-group-life-insuranceIn 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 the Kocman Insurance Agency  in York, PA, the professionals in our agency can help you establish a program that fits your company’s needs.

Who does a Group Life Insurance benefit plan cover?

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

Who pays for Group Life Insurance benefits?

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.

How can I learn more and/or get started?

Why not speak to our representatives here at the Kocman Kunkle Insurance Group today and explore all the group life options available for your business?

 



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 the Kocman Kunkle Insurance Group before making any decisions or choosing a course of action.

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