Group Life insurance is often the foundation of an employee benefits plan, offering protection for employees and their families in the event of death or other unfortunate events. The Standard offers a high quality product with competitive, employee and family-oriented features and caring service that your clients will appreciate.
Coverage available up to a guarantee issue amount without an evidence of insurability requirement
Waiver of Premium provision offering continued coverage for eligible employees with disabilities
Accelerated Benefit, which is one of the highest in the industry, automatically included with all Group Life insurance policies that have Waiver of Premium
Standard Secure Access option for beneficiaries to have benefits of $10,000 or more deposited into an interest-bearing checking account allowing quick access to funds
Repatriation Benefit automatically included with all Group Life insurance policies
Portability available for most industry groups with 100 or more employees, subject to state requirements
MEDEX® Travel Assist, which helps employees with medical care situations and other emergencies when they travel more than 100 miles from home or internationally
The need for life insurance often extends beyond basic coverage. Offered as an option with our Group Life, The Standard's Additional Life insurance allows insured employees to purchase added group term life insurance at competitive group rates. The schedule of benefits, evidence of insurability and participation requirements may be tailored to meet employers' specific needs.
Offered as an option with our Group Life insurance, The Standard's Supplemental Life insurance provides insured employees and their spouses an opportunity to increase their Group Life insurance coverage at competitive group insurance rates. For your clients' employees, the product offers a convenient way to add to their families' financial security.
Employee coverage available in increments of $10,000 (from $30,000 to $300,000) subject to state regulations
Spousal coverage available in $10,000 increments, up to a maximum of 50 percent of the employee's coverage, subject to state regulations
Spousal coverage offered at same group rates extended to employees
Premium payments through convenient payroll deduction
Waiver of Premium available
Only three approved employees required for participation
The Standard offers Dependents Life insurance as an option with our Group Life insurance coverage. Insured employees may purchase life insurance coverage for their eligible dependents at group insurance rates.
