Group Term Life Insurance

Group Term Life Insurance can help protect the financial future of your employees’ families. Life is unpredictable. Our Group Term Life Insurance complements your voluntary benefits program to help provide financial protection for your employees’ families when they need it the most. We can also design a solution for your employer paid program and include other Globe Life Group Benefits (GLGB) products.

Complement Existing Coverage

Group Term Life Insurance can be offered as a standalone policy or as a complement to existing coverage, helping provide financial relief by paying benefits directly to your employees’ families, independent of medical expenses and other coverage.

Attract and Retain Employees

Help retain top talent and reduce turnover by offering benefits that help provide financial protection. Spouse and dependent coverage is available.

Hassle-Free Setup

We manage everything – coverage selection, enrollment, and ongoing support – so you can focus on running your business.

Group Term Life Insurance can help beneficiaries cover costs such as:

  • Funeral and Burial Expenses
  • Loss of Income
  • Outstanding Debts and Mortgages
  • College/Education Costs
  • Medical Bills

Plan Features

  • Coverage Amount: Varies based on group size, employer paid or voluntary, and other industry restrictions. See details below for various limits.
  • Issue Ages: 18-65

Group Term Life Options Include:

Employer Paid Benefits

  • Guaranteed issue or simplified issue with higher limits

Voluntary Benefits

  • Offer Group Term Life Insurance with your traditional voluntary benefits package
  • Can also be offered as part of a Group Supplemental Medical Expense (Gap) insurance and Group Limited Indemnity Insurance solution

Guaranteed Issue

  • Employer Groups with less than 50 employees:
  • up to $100,000
  • Employer Groups with more than 50 employees: up to $200,000
  • Coverage for associations may be available.
  • Higher limits available for employer paid coverage

Simplified Issue

  • Employer Groups with less than 50 employees:
  • up to $250,000
  • Employer Groups with more than 50 employees: up to $500,000
  • Coverage for associations may be available.
  • Higher limits available for employer paid coverage
contact us
Let's talk about your group’s needs.

This is a solicitation for insurance. Insurance is underwritten by Globe Life And Accident Insurance Company, 3700 S. Stonebridge Dr., McKinney, TX 75070. Globe Life is rated A (Excellent) by A.M. Best. For the latest financial strength rating, access www.ambest.com. This is limited benefit coverage. It pays benefits for specific losses from accident only and does not pay benefits for loss caused by sickness. This is not a major medical plan or Medicare Supplement coverage. Coverage is not available in all states. Policy and Certificate forms: GBAC, GBACC. Form numbers and benefits may vary by state. Premium will vary based on the plan chosen. A waiting period for late entrants may apply. Policies are renewable at the option of Globe Life Group Benefits. Refer to the Master Policy and Certificate for all terms, conditions, exclusions and limitations. Globe Life Group Benefits uses the services of third party administrators.