Group Life & Accident Insurance
In addition to medical and dental insurance, group life insurance is a benefit that many workers appreciate. The highly knowledgeable Benefits Consultants at Towne have years of experience working with our business owner members to create group life insurance plans that meet their specific needs.
What is Group Life Insurance?
Unlike individual life insurance policies owned by a single person, group life coverage is designed to provide a specific amount of life insurance to all qualifying employees. There are many benefits to employees by having such a program through their work, including:
- Insurance is paid for by the employer
- No medical underwriting required
- Benefit is usually 1X Annual Salary (or a specified amount)
- Employees can designate their own beneficiary
Why Towne for Group Life Insurance Coverage?
We care about the people and communities that we serve. As a leading independent insurance agency, we have strong relationships with many of the nation’s top insurance carriers. This means that we can provide the right group life insurance coverage for you at the most competitive rates.
Because we are independent, we can offer a wide variety of insurance policies and not be restricted to a single insurer. This independence means that we represent you to the insurance marketplace and will always look out for your best interests.
Your Group Life Insurance Experts
There is no doubt that for many companies, their employees are their most valuable asset. It is very important that businesses attract and hold onto the people that help them be successful.
Group life insurance is an important part of a quality employee benefits package. If you would like to learn more about our services or obtain a complimentary quote, contact our Towne Benefits Team today!