Employees regard life insurance coverage as one of the most important benefits they receive¹.

Because of the importance employees place on this benefit, we offer employers a choice of plans for groups with as few as three employees. The amount of coverage can be based on a multiple of earnings, flat amounts or a combination of the two.

The company's standard term life contract integrates its disability benefit provision with the company's strong long-term disability definition of disability. Additionally (with the consent of the beneficiary), our standard contract allows an 80% maximum amount payable to an insured who requests an accelerated benefit. We now also continue ancillary coverages such as AD&D, and regularly will provide a benefit in case of the death of dependent children from live birth to age 19 (to 25 if a full-time student).

Plan highlights

• Flexible schedules and maximums.
• Disability Benefit provided.
• Liberal levels of guaranteed issue for groups of 10 or more lives.
• Conversion privilege.
• Accelerated Benefit.
• AD&D coverage, including an Automobile Accident Benefit and Higher Education Benefit.
• Additional Contributory Life Insurance (ACLI).
• Dependent Life Insurance.
• Experience refund program for larger groups.
• Providerfund® accounts (earning competitive interest rates) help beneficiaries defer difficult financial decisions after the loss of a loved one.

 Assurant Life Web Resources