Aflac group term life insurance plans are designed to help families get through the tough times with freedom of choice, along with peace of mind. Offering a level of protection employees can choose for a specified length of time, term life insurance is a popular option that is affordable, with plans to fit most budgets.
Life is a series of unexpected twists and turns. If something happens to an employee, will his or her family have the funds to pay the bills?
Term Life Insurance Features and benefits
|Group term life|
|Planned level-premium periods||
|Family coverage available||
|Waiver of premium Accelerated Benefit||
|Accidental-Death and -Dismemberment, Loss of Sight and Seatbelt Benefit Basic Accidental Death, Loss of Sight and Dismemberment Benefit||
|Renewal options||Terms of renewal and qualifications for annual renewal is based on the specific term of the account.|
|Portability option||If the certificateholder changes jobs or retires, the plan will remain with the certificateholder. We must receive the first premium within 31 days after coverage is terminated.
All group products are underwritten by Continental American Insurance Company and in California products are underwritten by Continental American Life Insurance Company. Products may not be available in all states. Plans and benefits may vary by state. Terms and conditions may apply.
How group term life works
Group term life insurance is popular for its affordability and flexibility, offering the highest level of protection at a low initial cost. Employees choose the length of the plan term – 5, 10, 15, 20, or 30 years and the premium is fixed for the term of the certificate.
The guaranteed-issue feature of most group term life plans is attractive to employees, who can cover themselves (and a spouse) without a medical exam.
If you would like to speak with an agent about Group Term Life Insurance, please complete the following form: