What is Life Insurance?

In the event of an employee’s death, life insurance provides financial security for his or her beneficiaries by paying money directly to them. This not only lets your employees feel at ease—it allows their beneficiaries to help cover final expenses in the event of an untimely passing.

 

What is Accidental Death & Dismemberment Insurance?

Accidental Death & Dismemberment (AD&D) insurance covers any accidental loss of life, limb, speech, hearing, sight, paralysis, and more. EBP offers AD&D coverage that equals the life insurance benefit. It can also cover the accidental death benefit amount for qualifying injuries. AD&D can be an optional feature of your overall group life insurance plan.

 

Coverage Options

Our plans are flexible.

• Choose an employer-paid, employee-paid, or a contributory plan (a combination of employer and employee-paid insurance) to fit your needs.

• You decide the terms. Coverage can last as long as the person works for you, or they can take the benefits with them if they ever leave the company.

• Premiums will generally remain the same during the length of the term.

 

Working with EBP

The group life and AD&D experts at EBP are ready to help you find the policies that protect your employees and their beneficiaries. Contact us today to get started.