Employee Benefits
Group Life Insurance
Employer-sponsored life insurance for employees and dependents.
Overview
Understanding group life insurance
Group life insurance provides a baseline death benefit for employees, often at little or no cost for basic coverage. Supplemental and voluntary options allow employees to purchase additional protection through payroll deduction.
Coverage Scope
What this coverage can help address
These are common areas programs may address. Specific terms depend on carrier forms, endorsements, and your operations.
- Basic term life (employer-paid)
- Supplemental employee life
- Dependent life coverage
- Accidental death and dismemberment (AD&D)
- Travel accident coverage
Planning
Common coverage considerations
Factors that often influence limits, endorsements, and carrier selection.
Benefit multiples vs. flat dollar amounts
Evidence of insurability for supplemental amounts
Portability and conversion options
ERISA and tax treatment of group life
Coverage availability and eligibility depend on carrier underwriting guidelines, state requirements, and individual risk details.
Fit
Ideal for
Organizations and individuals who commonly evaluate this line of coverage.
Employers offering baseline employee protection
Companies supporting recruitment and retention
Organizations with voluntary benefit programs
Businesses providing dependent life coverage
Related
Other employee benefits lines
Explore additional coverage areas within employee benefits.
Ancillary Benefits
Voluntary and employer-paid ancillary coverages beyond core medical.
Learn moreGroup Health Insurance
Medical plans for employer groups — fully insured and alternative funding options.
Learn moreGroup Disability
Short-term and long-term disability income protection for employees.
Learn moreDiscuss group life insurance with an advisor
Submit your information and a Northshore advisor will review your situation and outline appropriate next steps.
Submitting this form does not bind coverage, create a policy, or guarantee pricing. A licensed advisor will review your information and follow up directly.