Coverage schedules and amounts can be customized to take into account salary, employee classification, or other criteria. Optional additional coverage that employees may purchase on their own to supplement the protection afforded by your basic plan is also available at very low rates. The Waiver of Premium benefit provides added safety. If an employee becomes totally disabled, his or her group insurance continues without payment of premiums. Optional dependent coverage is also available covering spouses and children of your employees.
Most plans involve no medical underwriting.
Other eligibility requirements such as employees' minimum length of service, employee classification, etc. are determined by you. And, SBLI will handle all facets of plan administration such as individual certificates for each employee, billing, and plan tax filings, at no additional fee. Contact our Group Services department with any questions and to obtain a proposal of cost and benefits. We can accept your census information via mail, fax, e-mail, or magnetic media. Broker inquiries will also be responded to.