Protect your employees with group life insurance.
At Lewis & Palmer Benefits, we offer tailored group life insurance options that provide your employees with peace of mind and financial protection. Whether you’re offering company life insurance benefits as a standard offering or providing additional employer life insurance plans, we help you find the best coverage to fit your business needs and budget.
Why offer life insurance to your employees?
Providing employee life coverage is a powerful way to show your employees that you care about their well-being. Offering life insurance helps secure their families' financial futures and enhances your benefits package to attract and retain top talent.
- Financial security for families
Life insurance provides crucial support for employees’ families in case of an unexpected loss. - Attract top talent
Offering company life insurance benefits can help you stand out when hiring. - Increase employee satisfaction
Life insurance is a highly valued benefit that can lead to greater loyalty and morale. - Cost-effective for businesses
Group life insurance is often more affordable than individual policies. - Optional supplemental coverage
Employees can add extra coverage for themselves or their families at an affordable rate.
Our Group Life Insurance Options
We offer a variety of employer life insurance plans that can be customized to fit your company’s needs. Whether you need basic coverage or more specialized options, we work with top carriers to ensure you get the best plan for your team. Our offerings include:
- Group Term Life Policy
The most common type of group life insurance, providing coverage for a specific period. - Basic Life and AD&D (Accidental Death & Dismemberment)
Coverage for basic life insurance needs, plus additional benefits in case of an accident - Supplemental Life Options
Employees can purchase extra coverage to supplement their basic life insurance policy. - Key Person Insurance
Protect your business by insuring key employees or executives. - Employer-Paid vs. Voluntary Coverage
Decide between providing employer-paid life insurance or offering voluntary life insurance options for employees to choose from.
South Florida Insight
As a Florida life insurance broker, we understand the unique needs of businesses in South Florida. Whether you’re based in Coral Springs, Orlando, or Jacksonville, we guide you through the options available for Florida group life coverage. Here’s what to keep in mind when offering life insurance benefits:
- Local compliance
We ensure your employer life insurance plans comply with state-specific regulations. - Affordable options for small businesses
We help small businesses in South Florida access affordable group life insurance options. - Trusted carriers
We partner with leading providers to ensure your employees get the best coverage at competitive rates.
Common questions about group life insurance.
Should I offer life insurance to employees?
Offering group life insurance is an important benefit that provides financial protection for your employees and their families. It helps attract and retain top talent and enhances your benefits package.
What is group life insurance from an employer?
Group life insurance is a policy that covers a group of employees under one master contract, typically provided by the employer as part of a benefits package. It offers basic life coverage to employees, often with additional AD&D coverage.
How much life insurance do companies provide?
The amount of coverage varies, but most employers offer group term life insurance policies with coverage typically equal to one or two times the employee’s annual salary. Some employers offer supplemental life options for additional coverage.
How does group life insurance work for employees?
Group life insurance is usually offered as a benefit by the employer, with the company paying for a basic policy for all eligible employees. Employees may also have the option to purchase additional coverage at a group rate.
