Services: Group Term Life Insurance

Group Term Life Insurance

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