Group Life

Rounding Out Your Employee Benefit Package with Group Life

Life insurance is one of the most essential parts of a good financial plan. Without it, families can be devastated by the premature death of the head of household or a key income earner. Employers can enhance their employee benefits by offering group life insurance.

Life insurance comes in different forms. Term Life offers affordable coverage for a certain period, typically when the policyholder still has young dependents. Coverage becomes unavailable at a certain age. Term Life insurance policies often provide large death benefits for low monthly or quarterly payments. They can provide a level amount of coverage for the entire duration of the plan, or they can decrease the benefit as the insured ages.

Whole Life is the other most common form of Life insurance. It provides a set payment for beneficiaries upon the death of the insured and doesn’t expire at a certain age. It is more expensive than term life, but some policies build cash value over time. Some also offer options for upgraded coverage at different points.

At DiNicola Insurance Services, we offer Group Life insurance plans that can be tailored to your company’s needs. They can be employer-sponsored or voluntary policies that employees pay for at the group rate, depending on the level of participation at your company. In all cases, we find options that work within your budget.

Life insurance is crucial to a solid financial plan.

DiNicola Insurance Services provides commercial insurance, employee benefits, and risk management services in communities throughout the San Francisco Bay area, including San Mateo, San Jose, Alameda, and Marin County, California. To get started on a complete insurance program for your business needs, contact us by phone at 855.247.1912 or by email, or you can complete and send the form on this page.