Life insurance is a vital plan offering and a major cornerstone in your overall employee benefits portfolio.
It can be offered either:
- As an employer-paid benefit
- On a purely voluntary basis
Voluntary life insurance is an excellent offering for employees looking for supplemental coverage above and beyond the group term life policy you provide.
Advantages of voluntary life insurance:
- Plans are portable—Employees retain coverage at the same rates and billing transition is seamless
- Discounted group rates
- Convenience of payroll deductions
Universal Benefit Plans works with multiple plan carriers and can design a program that best meets the needs of your employees and your organization.