Who typically needs this
- Employers offering core protection benefits
- Companies that want a simple, valued employee benefit
Employers
Group Life
Group life insurance can provide a basic death benefit for employees, sometimes with optional buy-up coverage. Coverivo helps employers understand guaranteed-issue limits and enrollment windows.
Common coverages
- Basic term life for eligible employees
- Optional supplemental life, subject to underwriting
Things to consider
- Guaranteed-issue amounts and evidence of insurability rules apply
- Beneficiary designations should be kept current
Questions people ask
Is group life enough on its own?
It can be a useful foundation, but personal needs vary. Employees may still want individual coverage. Coverivo can help review both conversations separately.
Coverivo is an independent insurance broker, not an insurance carrier. Coverivo is staffed by licensed insurance professionals who help you evaluate and request coverage from applicable markets. We do not underwrite or issue insurance policies. Insurance products and availability vary by state and insurance company. Coverage is subject to underwriting, eligibility requirements, policy terms, exclusions, and carrier approval.