Group Life Insurance
Life insurance is also known as the transfer of part of the financial loss because of a death of an insured person.
A Local Life Insurance Agency You Can Trust
Group Term Insurance
The most common form of employee group life insurance is term insurance which provides a death benefit for a limited period, usually 10 to 30 years.
Dependent Group Life Insurance
Dependent life insurance provides employee resources to meet the funeral and burial costs associated with a dependent death.
Protect your Most Valuable Assets
Group Life Insurance:
Traditionally most group life insurance plans in West Virginia are designed to provide coverage and employees’ time at that company, with coverage typically ending with an employee leaving employment for any reason. Today employees have life coverage that sometimes continues at a reduced amount when termination of employment results from retirement.
Group Term Insurance:
It consists of yearly renewable term insurance, which means the coverage is renewed yearly. Each successive sip policy is for one year. The group insurance marketplace in West Virginia is worth its widespread use of yearly renewable term contracts with the individual marketplace, in which term insurance accounts for about 40% of newly issued insurance policies.
Dependent Group Life:
The employee typically elects and pays for this life coverage if it is contributory. Coverage for dependents is almost always subject to employees with group life coverage with their company. For employee coverage to be contributory, the employee must elect coverage for themselves to be eligible to elect dependent life coverage with the group.
Options at Songer Benefits:
Songer Benefits offers a wide range of group life in West Virginia. When selecting plans for your company, you may want to know contract provisions. We can help your employees select suitable options for themselves and their families. We work with a wide range of group life insurance companies that are all A plus rated with am best such as Cincinnati life insurance and many others.
mero nepal
2022-07-21
Quick and friendly service. I always choose Songer Benefits.
Eat Your Heart Out
2022-04-09
Great customer service. Heard my needs and met each and every one of them
Emily Miller
2022-02-07
Steven was very quick and friendly throughout the whole process. He made it much easier for me to understand my options.
Aaron Foley
2021-12-06
Sherry Kincaid
2021-10-25
Andrea Hanes
2021-10-12
Steven is very prompt with response. He is very professional and knowledgeable at what he does. He is also diligent in finding the best price. I wish I had known about him sooner. I would highly recommend him for all of your insurance needs.
Jessica Carpenter
2021-10-12
Was referred to Mr. Songer and was able to receive the information needed. Mr. Songer was also professional and efficient.
kristi snyder
2021-10-07
Steven is professional and takes care of the people he serves in a timely manner. Highly recommend him for your needs.
Pam Ivey
2021-10-07
Sheila Callaway
2021-10-05
Very knowledgeable, friendly, and answered all of my questions!