Life insurance is something that no one likes to think about. All the same, 86 percent of Americans believe that life insurance is something most people need, and most of us have some. That's the good news.
The bad news is that most Americans don't have enough. More than a third don't have any life insurance at all, and those who are insured have coverage equal to less than four times their annual income. Most experts believe that coverage equal to 10 times one's annual income is a more reasonable rule of thumb.1
Blue Cross and Blue Shield of Louisiana offers a range of life insurance plans for your employees to choose from.
Basic Group Term Life/AD&D (GTL)
Employee and dependent life coverage paid for by the employer.
Did you know…
Voluntary Term Life/AD&D (VGTL)
Accidental Death & Dismemberment (AD&D) coverage provides protection for accidents.
Why add Voluntary High-Limit AD&D?
Source 1: LIMRA's Facts About Life (2018)
The policy has limitations and exclusions. Optional riders and/or features may incur additional costs. Plan documents are the final arbiter of coverage. Policy form/contract ICC18 MOEBPLI; ICC18 AXEBPLI; MOEBP0618 LI; AXEBP0618 LI and state variations.
Life for groups less than 50 enrolled administered by Southern National Life Insurance Company, Inc., a subsidiary of Blue Cross and Blue Shield of Louisiana. Life for groups 51+ administered by Equitable, an independent company. Equitable is the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc., including Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY); Equitable Financial Life Insurance Company of America (Equitable America), an AZ stock company with main administrative headquarters in Jersey City, NJ; and Equitable Distributors, LLC. Equitable Advisors is the brand name of Equitable Advisors, LLC (member FINRA, SIPC) (Equitable Financial Advisors in MI & TN). Group life insurance products are issued either by Equitable Financial or Equitable America, which have sole responsibility for their respective insurance and are backed solely by their claims-paying obligations. Some products are not available in all states.