Term Life Employee Only

Basic term life

Basic term life insurance, also known as employer-sponsored, is a perfect plan to provide you with peace of mind. Your employer pays the premium and you can receive a specified amount of life coverage without medical underwriting.

Key features of our plans:

• Available coverage - A flat amount, a multiple of your salary rounded to the next $1,000, or based on employee classification
• Minimum coverage - $10,000 or $15,000, depending on the size of your group
• Maximum coverage - Depends on the size of your group

Guaranteed issue amounts

• Waiver of Premium - Premiums will be waived for an insured after total disability for six months commencing prior to his/her 60th birthday. Premiums will be waived until age 65.
• Accelerated Benefit for Terminal Illness - Benefit of 50% of basic group term insurance but not to exceed $250,000 will be paid upon proof of terminal illness.

In addition, your employer's plan may include these optional benefits:

• Waiver of Premium - Premiums will be waived for an insured after total disability for six months commencing prior to his/her 60th birthday. Premiums will be waived until age 65.
• Accelerated Benefit for Terminal Illness - Benefit of 50% of basic group term insurance but not to exceed $250,000 will be paid upon proof of terminal illness. Basic term life plans vary by employer and group size. Please refer to your employer's policy for your specific benefits.

Basic term life plans vary by employer and group size. Please refer to your employer's policy for your specific benefits.