In our last article, we introduced group term life insurance plans and how any employer, large or small, could implement this as a means of providing benefits to employees. We discussed advantages and disadvantages under these group term plans, particularly how such plans do not offer much flexibility in providing additional benefits for key employees. … Continue reading A Deeper Look at Group Carve-Out Plans
Across the country, employers are looking for ways to provide life insurance for their valuable employees. From the largest corporation to the smallest local business, employee insurance policies represent a benefit or “perk” of employment at a given business. That solution may be a group carve-out plan, says Geoff Thompson of Synergistic Life Services. The … Continue reading What is a Group Carve-Out Plan?