Employer Life Insurance
Life Insurance is a very valuable piece of any Employee Benefit package. Many individuals and families depend on this as their only source of “death benefit”. It is important to make sure that the cost of these policies is monitored carefully. For example, it could be that as time has gone by, maybe your employee base has become younger. Maybe there are underwriting requirements that are restricting limits coverage for some employees that would not be a similar requirement with another insurer.
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Also, we stress to our clients to remind their Employees every year to review their beneficiary designations. These frequently change over time, but the Employees do not think to make these changes of beneficiaries at work….which leads to many problems.
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There are many different Life Insurance companies that we work with. I am sure we can find one that works particularly well with your company.
Individual Life Insurance
Is there really anything more important to insure than your own life?
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Unlikely. And most people know this. Unfortunately, it is frequently put off for a variety of reasons, and the belief is that there is plenty of time to do so. Usually, that’s true. But when it’s not, it leaves an enormous hole in a family or businesses financial structure. You may have some life insurance through your work, but this is very likely no where near the amount you should have.
There are a few different policy types, but the most cost effective for pure loss of life protection are still “term” policies. It only takes minutes to obtain a premium indication. And now many insurance companies have recently made the application process extremely quick and simple.
If there are others who depend on you, please don’t wait any longer. It is not fair to them if you’re gone without having addressed this. Why not start today?