Life insurance helps employees take care of their loved ones
Empower your employees to protect the people who matter most
When employees have people who depend on them, life insurance is especially important. You can help provide your employees with peace of mind by offering Life insurance that will help them provide for their loved ones after they're gone.
How life insurance works
Increase your benefit coverage portfolio without impacting your bottom line
No matter where your employees are in life, they can get coverage that’s right for them with options that can help them protect their family’s future. Life insurance pays a benefit to their loved ones in the event of their death, and certain types of coverage can also build cash value over time.
Life insurance can help an employee’s family with things like:
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Paying medical and funeral bills1
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Replacing lost income
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Paying off a mortgage and other debts
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Protecting retirement plans
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Funding college expenses
Below is an overview of the major types of life insurance offered by JKB Consulting Group
Our life insurance is designed with both employees and employers in mind
Employers and HR professionals
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Provide a sound benefits package that can help attract and retain high-performing employees, without incurring additional company expenses
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Manage the increasing costs of coverage through voluntary benefits and potential savings
Your employees and their families
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Can gain peace of mind knowing that they can help make sure loved ones are cared for when they're no longer here
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Benefits are paid directly to the beneficiary and can be used however they'd like, regardless of any other insurance the policyholder may have
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Customize their coverage amount to best meet their needs
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Can keep their coverage even if they change jobs or retire
Commonly asked questions about life insurance
How much does life insurance typically cost?
Employees can start a plan of life insurance at an affordable cost. The cost will vary based on their age and the amount of coverage they purchase.
Are employees guaranteed coverage?
Depending on the plan and face amount chosen, employees may be asked some health questions. Their answers will be used to determine whether they are eligible for coverage.
Can employees increase their coverage later?
Yes, in most cases. Depending on their plan and the amount of coverage desired, they may need to answer health questions.
Can employees keep their life insurance coverage if they leave their job?
Yes, for Whole Life and Individual Term Life policies. They own their insurance policy. Regardless of employment changes, they can take it with them. When their current employment ends, they will receive a Continuation of Coverage letter with instructions on next steps. They will need to change their payment method to direct bill, which means they pay directly instead of paying through their employer.
