Building a solid benefits package is important. While medical, dental, and vision coverage are often the main focus, group life insurance is a practical benefit that’s often overlooked but offers significant long-term value. It provides a financial safety net and can be an efficient way to offer meaningful support.

A Practical Layer of Protection

Group life insurance provides a financial safety net for an employee’s family in the event of their death. It’s typically employer-paid or available at a low cost. For employees, this brings peace of mind. For employers, it shows foresight and a practical commitment to your team’s security, not just their daily work.

Why It’s a Smart Investment

Through our partnership with MetLife, eligible full-time employees are automatically enrolled with coverage options of $10K, $20K, or $50K. This is a high-impact benefit that doesn’t add complexity or strain your budget.

But the real value goes beyond just the death benefit. This plan includes practical support services like grief counseling, funeral planning assistance, and access to an Employee Assistance Program (EAP). The EAP covers up to five in-person or virtual counseling sessions. These services extend to the employee’s household. They provide concrete help and demonstrate reliability when it’s needed most.

Practical Features Beyond Basic Coverage

Today’s group life insurance is designed to do more than simply offer a payout. It provides practical tools that show up when it matters most.

Here’s what that looks like in action

  • Accelerated Death Benefit – Employees diagnosed with a terminal illness can access up to 80% of their benefit early, providing practical help for planning during a difficult time.
  • EAP and Funeral Planning – Employees and their families get direct guidance for emotional support and funeral logistics when they need it.
  • Portability – If an employee leaves your company, they can take the policy with them, without requiring a medical exam. This offers practical, ongoing security.

These features help you offer more than just coverage. They reflect a culture of reliability and forward-thinking, without making your benefits strategy complicated.

Real Impact

We’ve seen firsthand the practical impact this benefit can have when it’s thoughtfully added to a benefits package.

One Client Shared:

“We were looking for new ways to invest in our employees and their families in addition to our Employer Sponsored Health Plan. It was important to us to be able to contribute towards funeral expenses and offer our employees a little bit of financial security.”

They Also Added:

“In the past, the EAP was only available to those who had purchased the voluntary life insurance, and we wanted to close the gap and ensure that all benefit eligible employees had access to this benefit in addition to the life insurance benefit.”

— Christopher H.

The Bottom Line

Group life insurance may not grab headlines, but the value it brings, financially and practically, is real. It strengthens retention, builds trust through reliability, and shows your employees you are thinking ahead – not just for today, but for the future.

We understand that not every benefit fits every business. At UniqueHR, we cut through the options to find what works for your specific goals. Whether you’re exploring group life coverage or looking to optimize your full benefits package, we provide direct assistance. Give us a call at 800.824.8367 to schedule a free consultation.