Give Your Employees a Benefit That Truly Matters
At Braaten & Company, we help businesses offer employer-sponsored life insurance that protects employees and strengthens your overall benefits package. Whether you are building a benefits plan from scratch or improving what you already offer, we are here to guide you every step of the way.
What Group Life Insurance Can Do for Your Business
Offering group life insurance is one of the most valued additions an employer can make to a benefits package. It shows employees that their well-being, and their family's financial security, matters to your company.
When businesses partner with Braaten & Company, they gain access to:
- Group term life insurance coverage for all eligible employees
- Voluntary life insurance options employees can elect and pay for themselves
- Supplemental life coverage for spouses and dependents
- Flexible plan designs that work within your company's budget
- Enrollment support and ongoing plan management throughout the year
How We Help You Choose the Right Plan
Not every business has the same workforce, budget, or goals. Our team takes the time to understand your specific situation and then matches you with life insurance plan options that make sense for your employees and your bottom line.
We work with multiple carriers so you always get competitive options, not just one solution. We also review your existing benefits package and identify any gaps in coverage that could leave your employees underprotected.
Frequently Asked Questions About Life Insurance
What is the difference between group term life insurance and voluntary life insurance?
Group term life insurance is typically employer-paid and covers all eligible employees at a set benefit amount. Voluntary life insurance is an optional, employee-paid add-on that allows individuals to elect higher coverage levels.
How much does group life insurance cost for a small business in Minnesota?
Costs vary based on group size, employee demographics, and the coverage amount selected. Braaten & Company works with multiple carriers to find options that fit your budget.
Do employees have to provide proof of health to enroll in group life insurance?
In most cases, employees enrolling during the initial enrollment period are not required to complete medical underwriting. Late enrollees or those requesting higher voluntary amounts may need to provide evidence of insurability.
Can we offer life insurance even if we only have a few employees?
Yes, many carriers offer group life plans for small businesses with just a handful of employees. We can help identify the right carrier and plan structure for your team size.
Ready to Protect Your Team With a Strong Life Insurance Benefit?
Braaten & Company, helps businesses in Minnesota design employee life insurance benefits that attract and retain great people. Call us at (320) 200-1208 to get started with a no-pressure consultation.
