As a small business owner, you know that employee satisfaction is very important to productivity and the success of your business. One way to give your employees some peace of mind is to provide them with a basic level of life insurance—a benefit that many employees go without, risking the financial security of their families in the event of an unexpected tragedy.
Our group benefits experts and life insurance specialists can help you understand the levels and costs of life insurance coverage available as part of our benefits planning services. Many of our clients find that a basic policy (e.g., $50,000 per employee) is sufficient, while others select an amount equivalent to some multiple of each employee's annual salary.
We help you design the best and most cost-effective benefits package to meet your business needs and budget, including options for including accidental death and dismemberment (AD&D) insurance and deciding whether to cover your employees' premium payments (a surprisingly affordable alternative for many businesses).