According to the 2010 Life Insurance Ownership Study conducted by the Life Insurance and Market Research Association (LIMRA), 35 million households in America, about one-third of the total number, have no life insurance protection whatsoever, and 58 million are under insured — the highest level ever measured.
As an employer, group term life insurance provides a convenient way for you to offer your employees easy-to-buy, affordable life insurance coverage.
Group Term Life Benefit Features:
- Pierce Group currently administers group term life coverage for over 50 NC public sector clients
- Choice of multiple plans with multiple carriers
- Booklets mailed to the employees’ home address
- Online billing and administration
- List bills
- Multiple billing frequencies
- Beneficiary housing at the carrier