Group Life Insurance
Group life insurance is a valuable employee benefit that provides financial protection and peace of mind to your employees and their loved ones.
Let us ensure the financial security of your employees.
Providence Benefit Solutions offers flexible group life insurance plans designed to protect your employees and their families financially in case something unexpected happens.
With years of industry experience, our brokerage has a deep understanding of the complexities of this insurance product. We strive to simplify the enrollment and administration processes for your HR team and sit with you not just to create an affordable plan that meets all of your company’s needs but also to ensure your workers are well protected against unexpected loss.
Types of group life insurance we offer:
- Basic Life Insurance: Offers a standardized level of coverage to all eligible employees and provides a predetermined death benefit amount.
- Voluntary Life Insurance: Gives employees the option to "top up" their basic life insurance policy to increase coverage and purchase additional plans for their dependents.
Life Insurance
Our team works closely with leading life insurance providers to offer you competitive rates without compromising on the quality of coverage.
Get Peace of Mind
With a group life insurance package in place, you can rest easy knowing that your employees' families will be taken care of during a difficult time.
Promote Employee Loyalty
Life insurance helps your workers to see you as a company willing to invest in their well-being. When employees feel valued, they are more likely to remain loyal.
Reduce Costs
Group plans are more cost-effective. You may also have the option to negotiate rates based on your workforce’s size, leading to cost savings.
