Group Universal Life Insurance
When your company utilizes group universal life insurance from Better Business Planning, the advantage is that individuals receive lower life insurance rates.
Group universal life insurance is much different than traditional group term life policies. Group term policies expire when an employee leaves a job, but with group universal life insurance, employees pay the full cost for permanent universal life coverage and can usually maintain the policy if they retire or change employers.
At Better Business Planning, our group universal life plans offer flexible insurance tools that accumulate cash value, which is tax-deferred. Employees also have access to the funds in case of financial emergencies. Group universal life insurance can be a great option for your employees who are part of your group. The premiums are usually less, and they get all the benefits of a universal life policy without the higher costs.
Please feel free to give Better Business Planning a call, or fill out the form on this page, for more information about group universal life insurance.