Group Life Insurance
Group Life Insurance
This form of Insurance is a great idea for employers to provide improved benefits for your most valuable assets – your human capital. You can for a small premium provide benefits like, Group Life Insurance. This is a cost-effective and valuable benefit to help attract (and differentiate yourself from your competitors) and retain employees. Protecting them if they die or are totally disabled providing them and their families with help at a time when it's needed most.
This is what make Group Life insurance a smart choice for any preferred employer.
Group Life Insurance offers
- Life insurance for all employees who are members of the plan
- Optional Total and Permanent Disability cover (TPD)
- Optional own Occupation TPD definition for professional and senior management employees
You can choose to provide your employees with death only or death and TPD insurance cover. You can specify the amount of cover, which can be related to salary (eg. 5 x salary) or a flat amount (eg. $500,000 per employee).
Which Group Life Insurance Broker to use?
When choosing an insurance provider you can either go direct to the various Insurers or source a leading broker in their field like CCA.
At CCA Financial Planners we broker the market to ensure you get the best policy and the best premium. Given our size and over 20 years experience we are able to negotiate and provide advice on the best group life insurance package for you.
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