An affordable Life Insurance safety net for you and your employees.
Emergencies are sudden and unpredictable events in your life that can cause lots of stress and anxiety. To give your employee’s peace of mind, we offer Chambers of Commerce Group Insurance Plan Life Insurance which provides ongoing financial support to beneficiaries in the event of a death.
Our employee group Life insurance can provide coverage up to $300,000, with living benefit provisions included in every life insurance policy. Additionally, there is guaranteed coverage for companies or organizations with three or more employees.
Dependent Life coverage can also be purchased to cover spouses and dependent children for all causes of death. Spousal benefit amounts range from $5,000 - $15,000, and the child benefit amount can be 50% of the spousal amount.
Included with basic group Life insurance in every Chambers Plan policy is Accidental Death and Dismemberment (AD&D) because our reality is, accidents do happen. Basic Group Life insurance AD&D provides employees and their families with:
- Added financial security in the case of the insured’s death; paralysis; or loss of limb, hearing, speech, or sight; due to an accident.
- Rehabilitation benefits.
- Spousal occupation training, rehabilitation benefits.
- Dependent child educational benefits.
- And much more.
Request A Quote for A Flexible Life Insurance Plan for You and Your Employees Today
Our clients want simple, stable, and smart choices when it comes to group Life insurance coverage
Your group Life insurance plan can be tailored for you, offering multiple available options to meet the needs of your business and your people. We provide affordable options to help our clients attract and keep talent, build loyalty and send the message, “we are invested in you.”
Because over 30,000 businesses use our group Life insurance in Canada, our premiums are based on the average of claims from thousands of other plan members. As a not-for-profit program working with small-to-medium-sized businesses, surpluses are reinvested into Chambers Plan to help reduce premiums for our members.