If something were to happen, life insurance can help beneficiaries manage expenses – from everyday bills to larger obligations like mortgages, car payments, and loans. Not only that, but life insurance can also help employees pay to care for aging parents, or even leave money to charitable organizations.
While 74% of those with life insurance obtain it from their workplace,1 more than 60% have either no life insurance or less than industry recommended coverage amounts.2
People tend to overestimate the cost of life insurance. Most don’t realize that the average monthly premium can be as affordable as other expenses, such as the cost of a daily latte.
That can be appealing to millennials – less than 50 percent of whom own life insurance. While younger millennials are less likely to own a house or have children (two key life insurance ownership triggers), they may not realize that life insurance can stretch beyond traditional uses to support causes they care about, too.
We offer a wide variety of complementary products and features that address employees’ needs:
Our enrollment support takes the work off employers by offering:
As a company that’s been delivering on promises for more than 160 years, our stability means we’ll be there when our customers need us most. When a life claim is filed, a tenured, dedicated life case manager handles your employees’ experience with empathy and care, and facilitates fast, accurate benefits payments.
2022-135738 20240330
