Group Life Insurance Solutions*
When the unexpected happens, ensuring loved ones have appropriate financial protection is crucial. While most people recognize the value of life insurance, nearly one-third of American households currently don't carry any life insurance at all. We provide companies with Group plans and options, including voluntary coverage, that help give employees and their families protection against the most difficult circumstances. Ask about some key features of our Basic Group Term Life plans.
What is group life insurance?
In group life insurance, many people are written together into a single policy. Group life insurance is generally much cheaper per head than individual life insurance.
Why buy group life insurance?
- Premiums are tax-deductable to the employer/policy owner
- Premiums are tax-free for the employee/insured
- Guaranteed issue - a great plus for members with health problems!
- Group life insurance enjoys the other tax advantages characteristic of all life insurance
*The offering of the Group Life Insurance feature of Unicorn's payroll services is not the offer or sale of any insurance product. All insurance products will be offered and sold only through appropriately licensed brokers of customers or Unicorn Brokerage, LLC and its licensed agents or its licensed insurance partners. N.J. License 8218391.