Group Life Insurance
Employee Life Insurance – Providing Financial Support for the Unexpected
Included with every Chambers Plan, group life insurance provides financial support to families of employees in the event of their death. Benefits are adjustable to meet your company's unique business needs and lets employees pay their premiums through payroll deductions. Our life insurance benefits include:
- Coverage up to $300,000
- Living benefit provisions included in every policy
- Guaranteed coverage for companies or organizations with three or more employees
Dependent Life Insurance –
Covers Spouses and Dependent Children from All Causes of Death
- Spousal benefit amounts from $5,000 - $15,000
- Child benefit amount – 50% of the spousal amount
Optional Life Insurance
Employees are able to top up their group coverage with up to $500,000 of Optional Life insurance, letting them build a plan to meet their needs at a cost they can afford.
Ready to Learn More?
To find out how life insurance benefits can be tailored for your firm's benefits plan, request a quote. Your Chambers Plan advisor will contact you to discuss your needs and answer any questions.
A Life Insurance Policy Provides Your Employees with Peace of Mind
An unexpected loss of life can present a serious financial burden for family at an already difficult and emotional time. Holding a life insurance policy is one of the best ways to ensure that your loved ones will be taken care of financially.
The payout on a life insurance policy can help loved ones cover:
- Mortgage payments
- Unpaid bills
- Medical expenses
- Funerary costs
And many other expenses that would otherwise be a financial burden under trying circumstances.
Provide your employees the opportunity to purchase optional life insurance through the Chambers Plan at group rates to meet their individual needs.