Employee Life Insurance
Offering employees a robust plan for life insurance in Texas can help you attract more desirable applicants and help cover expenses for your employees’ families in difficult times.
Did you know the average funeral cost in America is now over $11,000? Your employees’ families shouldn’t have to deal with the stress of life expenses on top of the heartache and loss they’re already experiencing—and with employee life insurance, they won’t have to.
Life insurance is a financial safety net that protects your employees and their families in unforeseen circumstances. No matter your industry, you demonstrate your commitment to your workforce’s well-being by offering this valuable benefit. Packaged with other standard insurance benefits, like medical, dental, and vision coverage, you make your organization more appealing to prospective and current employees.
At InSource Insurance Group, we understand the importance of employee life insurance and its wide-ranging benefits. This coverage provides essential financial support to life insurance beneficiaries left behind in times of unexpected loss. We specialize in crafting tailored life insurance coverages that are both budget-friendly and comprehensive for your employees. The InSource team works closely with you to ensure your chosen plan suits your organization’s needs.
Term Life Insurance only applies for a specified period or term and only covers death benefits. Often, these policies become significantly more expensive with age. Many companies offer these policies as a way to supplement permanent plans. Whole life insurance, also known as permanent life insurance, differs because it has no expiration date.
To obtain this insurance, employees must undergo a medical exam. Payouts from these plans cover death benefits and offer cash value accumulation. This accumulation can also be drawn from during the life of the policy. Although these plans have higher premiums, they can sustain a high value over many years.
Offering life insurance is a rewarding way to show your employees and their families your care about more than the work they perform. If you’re ready to provide employee life insurance in Texas, contact Insource today to begin crafting a plan that works for you and your team.
As your insurance provider, InSource understands the importance of comprehensive coverage for your employees. We assist you in selecting an employee life insurance plan that aligns with your budget while offering the necessary benefits to support your employees and their families in various life situations.
InSource offers several types of life insurance coverages, including: