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Life Insurance
Life insurance is a vital benefit. Provided at a low cost, it is a standard feature in every Nippon Life Benefits group plan.
- Basic Life Insurance
There are two parts to our basic life insurance:
- Basic Group Term Life is a cornerstone of our comprehensive benefit plan. It provides a financial cushion from the unexpected costs that result after a death. Nippon Life Benefits offers a choice of benefit levels to match your plan objectives.
- Accidental Death and Dismemberment is available for only pennies per month. Employees receive additional coverage for the accidental loss of life, limbs, or eyesight.
- Supplemental Term Life Every employee has different needs. If additional coverage is desired, Nippon Life Benefits offers a supplemental life plan on top of the basic life plan. We have several designs that allow employees to select coverage based on their family obligations and financial situations. (Supplemental life insurance is subject to minimum participation levels.)
- Dependent Group Life Insurance What many group benefit plans lack is dependent life insurance. Not with Nippon Life Benefits. We offer financial assistance for unforeseen monetary needs following the death of a child or spouse.