Group Life Insurance, and what it covers.
Group life insurance pays a benefit to an employee's family if they die. It is set as a flat amount or a multiple of salary, and the employer can pay all or part of it.
Group Life Insurance
Basic group life can be offered as an employer-paid benefit, with supplemental options available for employees who want additional coverage. Kain Carlson structures life coverage as part of a complete benefits package, not as an afterthought.
Basic Life
Employer-paid life coverage, typically one times annual salary, provided to all eligible employees as a standard benefit.
Learn More →02, Supplemental LifeSupplemental Life
Employee-purchased additional coverage, often guaranteed issue up to a certain amount, for employees who want more protection for their families.
Learn More →03, AD&DAccidental Death & Dismemberment
AD&D coverage bundled with life at minimal cost, providing additional benefits in the event of accidental death or serious injury.
Learn More →Life Insurance as a Retention Tool
For employees with families, employer-provided life insurance is a benefit with genuine financial meaning, and one that is difficult to replicate individually at the same cost. For ND and MN small businesses competing for talent against larger employers, offering basic group life levels the playing field at a cost that makes sense for businesses of any size.