Life Insurance Products

Life insurance is important. It is the best and most affordable way to protect your family and loved ones. Should something happen to an insured individual, life insurance coverage will ensure that their family can maintain their lifestyle, avoid financial issues and bankruptcy, and continue to pay necessary bills. We offer a variety of life insurance categories, including Buy Sell Agreements, Key Man Insurance, and Premium Financing Life Insurance.

Employer must purchase 10K of coverage in order employees to have access to the Voluntary coverage. Voluntary Coverage has Guarantee Issue amounts of $50,000 for employee, $15,000 for Spouse, and $10,000 for children.


Unum Life Insurance Pricing Table (Printable)

  • Employer Paid Prices
  • Voluntary Prices
  • Age Band
  • Employer Monthly 10K Cost
  • Employee Monthly 10K Cost
  • Spouse Monthly 5K Cost
  • 15 – 24
  • 0.77
  • $ 0.90
  • $ 0.39
  • 25 - 29
  • 0.85
  • $ 0.98
  • $ 0.43
  • 30 - 34
  • 1.13
  • $ 1.32
  • $ 0.57
  • 35 - 39
  • 1.67
  • $ 1.97
  • $ 0.82
  • 40 - 44
  • 2.56
  • $ 3.00
  • $ 1.23
  • 45 - 49
  • 3.98
  • $ 4.67
  • $ 1.92
  • 50 - 54
  • 5.88
  • $ 6.88
  • $ 2.85
  • 55 - 59
  • 8.41
  • $ 9.85
  • $ 4.21
  • 60 - 64
  • 10.82
  • $ 12.67
  • $ 5.83
  • 65 - 69
  • 15.38
  • $ 18.02
  • $ 8.30
  • 70 - 74
  • 29.11
  • $ 34.09
  • $ 15.70
  • 75+
  • 89.96
  • $ 105.36
  • $ 48.52

Employer Paid Life Insurance Program Offer

Definition of Eligibility:

All active employees who are working 30 hours or more per week

Waiting Period:

Employer Decision (options include 0, 30, 60, 90, 120 days)

Who pays for Coverage:

100% Employer- Funded

Insurance Benefit:

$10,000 of Life Insurance

Waiver of Premium:

Disabled less than age 60
Total definition of disability
9 month Elimination Period
Duration to age 65

Other Features:

Guaranteed Issue
Portability
Accelerated Benefit- Terminal Illness
Rate Guarantee: 2 years
Employee Assistance Program / LifeBalance Travel Assist

Guidelines:

1. Cases must be written within carpet installing SIC range 5713
2. Assumes all employees are actively at work- this does not cover retirees
3. This covers those working in the US only

Voluntary Life Insurance Program Offer

Definition of Eligibility:

All active employees who are working 30 hours or more per week

Waiting Period:

Employer Decision (options include 0, 30, 60, 90, 120 days)

Who pays for Coverage:

100% Employee Paid

Insurance Benefit:

Employee-$10,000 / Spouse-$5,000 / Child - $1,000 Increments
5 x Salary to maximum of $500,000

Waiver of Premium:

Disabled less than age 60
Total definition of disability
9 month Elimination Period
Duration to age 65

Other Features:

Guaranteed Issue
Employee $50,000
Spouse $15,000
Child $10,000
Portability
Accelerated Benefit- Terminal Illness
Rate Guarantee: 3 years
Life Planning Financial & Legal Resources

*** These plans are examples provided to help you understand these types of insurance coverage from Unum. If the terms of this plan summary and the policy differ, the policy will govern.