Voluntary/Supplemental Life

Securian’s unique brand of service has established them as a valued provider of group insurance benefits. Securian is known for their responsiveness, flexibility, personal touch and service excellence. Combining their deep knowledge of their clients’ demographics along with data analytics ensures employees have the insurance protection and financial wellness solutions that fit their needs.

You

Voluntary life, also known as supplemental term life insurance, allows employees to increase their individual protection. This is an optional benefit that provides benefits to a beneficiary upon the death of an insured employee. It is paid for by the employee in a form of a premium. 

Nearly half of Americans say their household would face financial hardship within six months should a wage earner die unexpectedly, and a quarter would struggle within a month.¹ Supplemental term life insurance allows employees to increase their individual protection, offering a cost-effective financial safety net, at no additional cost to the employer. 

Your Employees

Supplemental life is often a cost-effective supplement to other life insurance coverage. Employees at all stages of life may have a need for life insurance.  Upon an employee’s death, life insurance can help:

• Replace lost income
• Pay mortgage, medical expenses or other large debts
• Establish college funds 
• Help family pay funeral/burial costs or probate/estate costs
• Leave a legacy to the charities you support

¹Facts from LIMRA Life Insurance Awareness Month September 2021