Group Life Insurance Plans

Life insurance is one of the most sought-after benefits at work. Give employees the coverage they care about most by offering an affordable life insurance plan.

Call 1-401-385-5346 to learn more about offering ancillary products to your employees.

Why Offer Life Insurance?

Today more people get life insurance at work than those who buy plans on their own. That means high-performing employees expect a benefits package, complete with an affordable life insurance plan. To stay competitive in a growing job market, you need a plan that meets your employees’ needs — at every stage of their lives.

Industry-leading Coverage

Our life insurance plans are offered through Principal®, a FORTUNE 500 insurance company that was recently ranked #3 for best overall service to small businesses. With a Principal® life insurance plan, your company and its employees will enjoy:

Guaranteed Coverage

We won’t ask your employees medical questions or require a difficult underwriting process. We promise.

Two Types of Coverage

Principal® offers group term life and voluntary term life insurance options. This way, you’ll meet the needs of all of your employees, no matter their stage of life.

Flexible Design Options

Depending on your plan, can pay a flat fee, a percentage of salary, or a combination. We’ll make it simple — and designed for your business.

Want to Learn More?

Ask your broker or call us today 1-401-385-5346.

Are you a Broker?

If you want to learn more about working with HealthSource RI for Employers, call our broker line today 1-855-683-6755.

Disclosures:
Note: Enrollment in these ancillary plans does not constitute enrollment in a QHP or enrollment through HealthSource RI. Consumers who choose to purchase ancillary plans do so directly through the issuer or through NFP Health. Enrollment in an ancillary plan does not constitute enrollment into a plan that offers minimum essential health coverage. Having minimum essential health coverage is necessary to meet the federal requirement to have adequate health insurance. Advance payment of premium tax credits and cost sharing reductions are not available for ancillary plans.

Source:
1 – More Americans Now Covered by Life Insurance