Affordable group insurance cover.
Group Life Insurance
Looking for the ideal way to avail of multiple financial benefits as a group of employees? A group life insurance policy is ideal for you. Group term life insurance is a policy which offers life insurance coverage to a group of people, mostly the employees or members of an association or labor organization. Group universal life insurance provides financial coverage and support to the families of employees in the case of emergency and acts as a life insurance savings group. Additionally, in the event of an employee’s demise while working in an organization, the group life insurance would offer a required monetary guarantee to the employee’s family. Moreover, it offers the convenience of waiving medical examinations and requirements of individual underwriting. These life insurance policies have low coverage amounts, making for an affordable insurance option.
How Do Group Life Insurance Policies Function?
According to Florida law a group life insurance policy is issued to a group administrator after a premium payment which covers the life of all insured members for one year from the date of the policy’s commencement. Additionally, the members of the group get the option of selecting the assured sum either as a lump sum payout or get it linked to their salary or loan account. The premium of these policies is based on the size of the age group and differences in age allocation. Given that the policy is annually renewed and is offered without the need of any medical examination, group term life insurance policies have become an affordable and standardized coverage option for employees.
Hope for the Best,
Prepare for the Worst
Key Features:
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Zero prerequisites.
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Easy claim settlement.
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Inclusive coverage for dependents.
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Striking Premium
RatesGlobe Integrity our group life insurance providers offer striking premium rates to employers for group universal life insurance aligning with their capacity and requirements.
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Customized
CoverageOur attractive customized coverage options are tailored to the requirements, financial capacity, and level of protection that the customer is seeking.
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Orderly and Quick
Application ProcessGlobe Integrity’s life insurance savings group of experts ensures an orderly and hassle-free application process for group life insurance for small business.
Connect With Our Group Life Insurance Providers!
Ideal for employers and employees, Globe Integrity’s group life insurance policies are catered to every organization’s requirements. You can also opt for converting a group plan to permanent life insurance. Connect with our insurance experts to know more.
