As a large employer, you probably already have a group life insurance plan in place. But is it the best plan for you and your employees?
The average group life insurance plan covers three times the employee’s salary, yet most financial advisors recommend that individuals hold a policy that covers six to eight times their salary. Having a more robust – but not necessarily more expensive – life insurance plan for your employees can help boost their loyalty to you.
Pacific Resources can show you how.
As experienced advisors on Group Life and Accident Insurance, Pacific Resources delivers solutions that allow large employers to drive savings, improve risk pools and enhance their employee benefits programs.
Employers are faced with a daunting task: communicating effectively about benefits while encouraging safe and healthy behaviors, identifying and accommodating high-risk employees, increasing customization and choice, and ensuring compliance – all while managing costs and working with a small staff.
Pacific Resources can alleviate this pressure.
We take a methodical and systematic approach to Group Life and Accident Insurance. Our scope of services includes:
⇒ See how we helped a construction and machinery company save $13M on life insurance by updating their processes, products and reporting.
PacRes has a long history of putting our clients first. We don’t sell insurance products; rather, we consult with clients and act as an independent and trusted benefits advisor.
Our experts, who have a wealth of knowledge and experience in this area, help clients design innovative employee benefit solutions that align with their long-term organizational goals.
"For the past 12 years, Pacific Resources has partnered with us every step of the way. They have consistently focused on our company’s and our employees’ best interests. They listen to our needs and offer creative cost-effective solutions to address them."
Please click here to learn about our complementary services.
30% of U.S. households have no life insurance at all; only 44% have individual life insurance. 50% of U.S. households (58 million) say they need more life insurance.
Strategic Negotiations on Life & Accident Yield $16.2M in Savings for Auto Manufacturer
Convinced new carrier to make an investment in our client even though the client was downsizing and facing significant financial issues at the time the RFP was released.