Group Voluntary Life Insurance
Life insurances helps take care of your loved one’s immediate and future financial needs following your death. Immediate needs can include burial/funeral expenses, uninsured medical costs and current bills and debts. Future needs could include income replacement, education plans, ongoing family obligations, emergency funds, and retirement expenses.
Term life insurance
Provides a death benefit for a specific length of time, usually 20 or 30 years. Coverage expires at the end of the term.
Universal Life Insurance
Offers a death benefit, plus an investment component that may be collected, borrowed or used to pay the policy’s premiums. The policy may remain in force for a lifetime, as long as the premiums are paid.