Life Is More Secure…

With a Back-up Plan

The Group Life Specialists

Having Life insurance provides peace of mind that loved ones will be taken care of in the event of a death. You can give your employees peace of mind by offering a Group Life option. Talk to our staff at Olson Duncan about enhancing your employee benefits plan with Group Life Insurance, a key component for any comprehensive financial plan.

How Group Life Insurance Works

A Group Life plan, often structured as a Term policy, enables employers to purchase a master policy and issue participation certificates to employees.

It offers significant coverage for a set period and provides financial protection for dependents in case of an employee’s untimely passing.

Alternatively, Whole Life or Permanent Life policies provide lifelong coverage, accumulate cash value over time, and offer employees additional financial flexibility.

Benefits of Group Life Insurance

With Group Life as part of your employee benefits, you will:

Enhance company recruiting and retention, making your firm more attractive to employees.
Help provide a sense of security for employees. The knowledge that employee loved ones will receive an insurance benefit in the worst-case scenario offers comfort and can help positively impact employee morale.
Tax benefits. The premium for the first $50,000 of Life insurance coverage is not taxable income, even if the employer covers it on behalf of the employee. (This is applicable as long as the benefit meets nondiscrimination requirements.)
Ease of access. Group Life insurance policies typically don’t require individuals to have physical exams, making it simpler for your employees to get coverage.

Our Value

At Olson Duncan, we aim to provide clients a total solution, not simply a quote or an insurance policy. With us, you get real value and a long-term relationship based on trust. We would love to get to know you and answer any questions.
To learn more about how we can help you, please call our team at

(310) 373-6441