Group Life Insurance

Overview

Group life insurance is guaranteed issue to all employees up to a set amount determined by the employer. The benefits can vary from $10,000 to $100,000 per employee depending on the plan.

However, once the employee leaves the company the policy terminates. Generally, it is a good practice for the employee to have an individually owned plan.

For more information regarding life insurance, click here.

Business uses of life insurance

About Optimized Benefits

Optimized Benefits is a Boutique Firm dedicated to providing smart solutions to the small and mid-sized business owners and their Employee Benefits plans
we have a focus on Retirement (401K) and Group Health plans

Contact Us

55 W Wacker Dr 14th Floor
Chicago IL 60601

312 263 1590 X 101

Gene@optbenefits.com

Check out the background of this investment professional on FINRA’s BrokerCheck: http://brokercheck.FINRA.org