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Group Life Insurance
The importance of employee benefits cannot be undermined by an employer. A group life insurance is one such benefit that helps corporations and business owners protect their employees’ dependants if the employer dies while in service. In the event of untimely death, a group life insurance policy can pay a lump sum benefit of up to 12 times the employee’s salary. Some can even provide a pension for the employee’s spouse or other dependants.
For the employer, offering a group life insurance can have many advantages. The obvious one is attracting and retaining high-caliber employees which helps reduce turnover and saves business unit money spent on hiring and training costs. The premiums paid by the company are Federal income tax deductible and desirable fringe benefits can be offered to new employees.
For an employee the cost of group life insurance is much lesser than what they would have to pay for a similar coverage under an individual policy. So, if you are an employee and you are being offered a group life insurance through your employer you should take it, even if you have a personal life insurance as you may get additional benefits and coverage.
Understanding the intricacies of the group life insurance takes some time and there may be a lot of questions that you require answer to. That’s where we step in to help you understand all the aspects of insurance and coverage. Not only that, we can also help in processing the certificate of insurance for your company. Our annual review of the coverage and policies provided to each association makes sure all the limits are met. With more than three decades of impeccable customer service we are dedicated to providing you, among other things, group life insurance solutions that work for you! Call us today at 800-989-7990.
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November 10th, CAI-OC Luncheon
11:00 am, Irvine Marriot
Who to look for? Michael Berg, Kimberly Lilley & Marianne Pick
November 12th, CAI-GLAC Casino Night
6:00 pm, Sportsmen's Lodge Studio City
Who to look for? - Kimberly Lilley
November 16th, CAI-GLAC Luncheon
11:30 am - Skirball Center Los Angeles
Who to look for? Kimberly Lilley
November 17th, CAI-GRIE Luncheon
11:00 am, DoubleTree Ontario
Who to look for? Marianne Pick
December 2nd, CAI-GLAC Holiday Happy Hour
4:00 pm, Bel Air Crest Country Club
Who to look for? Kimberly Lilley
December 6th, CAI-OC Holiday Toy Drive
5:30 pm, Andrei's Irvine
Who to look for? Michael Berg
December 8th, CAI-GRIE TOPS Breakfast
8:15 am, Riverside Convention Center
Who to look for? Kimberly Lilley & Marianne Pick
December 9th, CAI-SD Awards Luncheon
11:00 am, DoubleTree Mission Valley
Who to look for? Kimberly Lilley & Bridgette Tabor
December 14th, CAI-GLAC Luncheon
11:30 pm, Skirball Center Los Angeles
Who to look for? Kimberly Lilley
December 15th, CAI-OC Luncheon
11:00 am, Irvine Marriott
Who to look for? Michael Berg, Marianne Pick & Kimberly Lilley
BERG PHOTO GALLERY
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Common Interest Developments
There has been some discussion of revised Fannie Mae guidelines with respect to community associations. This discussion has brought confusion, and I hope to provide some clarity to the issue.
Fannie Mae presented Announcement 08-34 on December 16, 2008 titled “Project Eligibility Review Service and Changes to Condominium and Cooperative Project Policies.” Among the many items included in this Announcement are general policy changes regarding project eligibility requirements, and condominium association project insurance clarifications. More…
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