Life insurance attracts employees and promotes productivity and retention
While health and dental benefits remain of high importance to employees, according to numerous employee surveys, life insurance follows closely behind these staple benefits. Surveys have proven employees are more productive when they feel secure that their loved ones will be taken care of, in the event of illness or an untimely death. Learn More
With options from the most financially stable companies in the US, JPA is your unbiased advocate here to help you secure the best life insurance for your company and it's employees.
Types of group life insurance available:
Term Life Insurance
Term Life is one of the simplest, most cost-effective types of life insurance. Generally, it provides the largest immediate amount of protection for the lowest cost and pays a lump sum benefit to the named beneficiary upon the death of insured within the stated term. Additionally, some policies may also make payments upon terminal or critical illness.
Permanent Life Insurance
Unlike term life options that protect employees during their working years, Permanent Life Insurance provides a cash value that employees can utilize later in life, in addition to a death benefit. Employees see this as a great way to strengthen financial security with premiums and benefits they can count on, as they don’t ever change.
Whole Life, Variable Life and Universal Life are all types of cash value life insurance. Cash value insurance is also known as permanent life insurance because it provides coverage for the policyholder’s entire life.
Consider Key Person Life Insurance
Key Person Insurance protects your business and everyone who relies it should a key person in the business, including the owner, become unable to work, due to an unexpected illness, accident or untimely death, or other departure. Learn More
