Life insurance provides your chosen beneficiary with cash in the event of your death. [cb:userfield field="cb_companyshortname" /] provides group life insurance at no cost to employees and/or voluntary life at your expense.
It is the single best way to protect your family from the financial difficulties that can arise after the premature death of a primary wage earner.
Did You Know?
- Nearly 7 in 10 American households with children under 18 would be in jeopardy if the primary breadwinner died
- 1 in 4 US households rely only on group life insurance to provide financial protection if a wage earner dies
- On average, women have smaller individual life coverage than men of similar ages
Long-Term Disability Insurance (LTD) helps replace some of your income for an extended period when you cannot work at all or can only work part-time because of a disability.
These insurance policies provide comprehensive, long-term benefits that will cover you in the event of accident and sickness. There are also additional rider options available for a long-term policy, allowing you to tailor coverage to your unique needs.
Typical group long-term disability (LTD) benefits start when sick leave and short-term disability benefits are exhausted, and it replaces a portion of your salary.