Group Term Life Insurance

Peace of Mind Both You and Your Employees Can Count On

Adequate Life Insurance provides a strong foundation for your employee’s financial plan. They want the security of knowing their loved ones are financially safe and you want the security of knowing that your negotiated promises are precisely matched in your insurance policy. Our public sector experts can match the benefits outlined in your bargained contract, or customize a plan.

Flexible Plan Features

		Customized retiree coverage

		Optional age-reduction schedule (Benefits are not required to reduce based on age.)

		Lifetime Waiver of Premium Payments (Life Insurance coverage, at no cost, for the duration of a disabled employee’s life.)

		Eligibility below 20 hours per week

		Seamless Waiver Service (If both your Life and Disability coverage through NIS is with the same trust carrier, we handle all the paperwork for the waiver of premium payment.)

Optional Plan Enhancements

		Accidental Death & Dismemberment Insurance (Add-on benefit that pays additional benefits if loss of life or limbs are a result of a covered accident.)

		Accelerated Life Benefit (Within plan parameters, partial benefit is paid while living when diagnosed with a terminal illness.)

		Paid-Up Life (Life Insurance that doesn’t retire when your employees retire. Retiring employees can retain a portion of their benefit. A vesting schedule helps you with employee retention.)

		Supplemental employee-paid plans

		Voluntary employee, spouse and dependent coverage