|
Whether you're helping clients transition their current group life policy or starting a benefit plan from scratch, Symetra Life delivers an up-to-date policy at a competitive rate.
We offer two types of group life insurance to fit the needs of your clients and their employees. With Basic Group Life, companies can provide benefits to all employees through a group policy. Supplemental Group Life is coverage that allows workers to increase their amount of Symetra life insurance at attractive group rates.
Group Life Highlights
- Accelerated death benefits for employees
- Three optional Accidental Death &
Dismemberment (AD&D) packages - Portability for those looking to continue
coverage after employment ends - Conversion to a Symetra Individual Life policy
is available - Offered to groups with 10 or more eligible
employees - Approved in all states except New York
Basic Group Life
Basic Group Life is term life insurance available on a contributory or noncontributory basis. Our policy offers:
- Face values in a flat amount, multiple of salary or customized
- Up to a $750,000 guaranteed issue maximum1
- Up to a $750,000 individual maximum1
- Three AD&D packages2
- Standard — includes seat belt/air bag, repatriation
- Enhanced — includes child education, day care, rehabilitation, adaptive home and vehicle
- Enhanced Plus — includes felonious assault, coma, critical burn, therapeutic counseling
- No loss/no gain (no actively-at-work requirement) is standard
1 Higher maximums may be considered with underwriting.
2 Availability may vary by state.
Supplemental Group Life
Supplemental Group Life may be offered with any Basic Group Life policy. Features include:
- Up to a $1,000,000 guaranteed issue maximum, combined with Basic Life1
- Up to a $1,000,000 individual maximum1
- Three AD&D packages2
- Standard — includes seat belt/air bag, repatriation, common carrier
- Enhanced — includes child education, day care, rehabilitation, adaptive home and vehicle
- Enhanced Plus — includes felonious assault, coma, critical burn, therapeutic counseling
- No loss/no gain (no actively-at-work requirement) is standard
1 Higher maximums may be considered with underwriting.
2 Availability may vary by state.
Sample Policy
This Group Life policy specimen  is for illustrative purposes only.
Frequently Asked Questions
If the new Symetra policy includes the no loss/no gain provision, the employee will be eligible for coverage if the following criteria are met; the employee was insured under a previous policy, the employee is on an authorized family or medical leave, and the employee is eligible for coverage under the new Symetra policy.
The amount of insurance will be the lesser of the amount of life insurance and AD&D principal sum that the employee had under the prior policy or the amount shown in the schedule of insurance. That amount is reduced by any in-force coverage that is paid or payable under the prior policy or any coverage that would have been paid under the prior policy had the employee enrolled during the enrollment period.
Our standard Waiver of Premium requires the employee to be disabled for at least nine months with the disability occurring prior to age 60. If approved, premiums may be waived to age 65. Non-standard options; however, may be available with underwriting approval.
Our maximum ADB is 80% of the terminally ill insured's amount of life insurance, up to $100,000.
| 
Download Acrobat Reader® 
