People are turning to group life insurance products more than ever before: Aflac group whole life insurance helps provide the ease and affordability of group coverage and the security of financial protection for final expenses with cash value savings and dividends that grow over time.
Life insurance. People know they should have it, but it’s a difficult conversation for employees to have with their families and loved ones.
|Group whole life
Features and benefits
|Builds cash value||Cash value that builds at a guaranteed rate of return.|
|No medical exams required||Certificateholders and their families may apply for benefit amounts by answering only a few medical questions.|
|Tobacco/Non-tobacco rates||Applicable to certificateholder and spouse|
|Dependent child coverage||
|Accidental Death Benefit||
|Accelerated Benefit**Availability varies by situs state||
|Waiver of premium||
|Portability option||If the certificateholder changes jobs or retires, the plan will remain with the certificateholder by paying the required premiums due.
- Employee $5,000-$100,000
- Spouse $5,000-$50,000
- Dependent children
$10,000 or $25,000 certificate for each child OR
$10,000 child term rider
Coverage is effective on the date of application, provided:
- The applicant is actively working.
- The applicant meets underwriting guidelines.
The applicant may not terminate employment before the billing effective date.
Continental American Insurance Company (CAIC), a proud member of the Aflac family of insurers, is a wholly-owned subsidiary of Aflac Incorporated and underwrites group coverage. CAIC is not licensed to solicit business in New York, Guam, Puerto Rico, or the Virgin Islands. For groups sitused in California, group coverage is underwritten by Continental American Life Insurance Company. For groups sitused in New York, coverage is underwritten by American Family Life Assurance Company of New York. Products may not be available in all states. Plans and benefits may vary by state. Terms and conditions may apply.
How group whole life insurance works
With simplified underwriting requirements and affordable group rates, Aflac Group whole life insurance offers the protection and cash value attributes of a whole life plan and the ease and flexibility of a group policy.
If you would like to talk to an agent about providing Group Whole Life Insurance to your employees, please complete the following form: