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Group Term Life Insurance


At Voya Financial®, our mission is to make a secure financial future possible for all Americans – one person, one family, one institution at a time.

Voya Financial, Inc., is a leading health, wealth and investment company offering products, solutions and technologies that help its individual, workplace and institutional clients become well planned, well invested and well protected. Our 9,000 employees1 are focused on achieving Voya’s aspirational vision: Clearing your path to financial confidence and a more fulfilling life. Voya is purpose-driven and equally committed to conducting business in a way that is socially, environmentally, economically, and ethically responsible. Our insurance companies provide supplemental health insurance in the U.S., and Voya offers a comprehensive and highly flexible portfolio of stop loss, life, disability, and supplemental insurance products to businesses covering individuals through the workplace. 

Voya Health Solutions

At Voya Financial®, our mission is to make a secure financial future possible for all Americans – one person, one family, one institution at a time.

As part of this, we bring a human dimension to workplace benefits where solutions are measured by their impact to the people we serve, and care for our customers runs deep. Voya Health Solutions addresses employee needs with connected solutions intended to sync workplace benefits, including group and voluntary insurance options as well as Health Account Solutions, intended to help achieve a healthy balance of living for today, preparing for tomorrow and feeling confident about the future. 

Bringing together health and wealth in the workplace presents a great opportunity to address customer needs. We're finding that there is a need for a more integrated approach, and at Voya, we have the ability to help solve this need and deliver products and services that our customers are looking for to make workplace benefits easier, better optimized and more holistic. Voya is creating new and different connection points between workplace benefits and savings that are intuitive and easy. 

Products and services we offer include: 

  • Insurance: Critical Illness Insurance, Specified Disease Insurance, Accident Insurance, Hospital Indemnity Insurance, Group Term and Whole Life Insurance, Short and Long Term Disability Income Insurance, and Stop Loss Insurance. 
  • Non-Insurance Services: Employee Assistance Program (EAP), Funeral Planning, Will Prep and Concierge Services4 and HealthChampion® Plus, Voya Leave Management, Voya Travel Assistance.
  • Health Account Solutions: Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), Limited Purpose FSAs, Dependent Care FSAs, Commuter Benefit Accounts, Health Reimbursement Arrangements (HRAs), COBRA and Direct Bill Administration.

How it helps

Group Term Life Insurance can help you add value to your benefits package with coverage that is straight forward and flexible, with options for add-on services plus continuation, portability and conversion features to best meet your employees’ needs.

  • Group Term Life Insurance pays a benefit to beneficiaries if the insured passes away during a specific period of time (known as a “term”).
  • The benefit can be used to help pay for funeral expenses, co-signed loan debt, future education – even day-to-day expenses.
  • We manage the Evidence of Insurability (EOI) process with a variety of methods for employees to apply for EOI when it’s required.
  • Employers can also choose to offer continuation, portability and conversion features to best meet their employee population’s needs.

Additional considerations

  • The Voya Employee Benefits Resource Center (EBRC) was designed to make finding Group Term Life benefits information and filing claims accessible and approachable – especially important during what may be a very stressful time. The EBRC can help employees looking to file a death claim understand if and how they can start their claim, as well as offer the steps that need to be taken for a beneficiary when a loved one is lost.

Available Products

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Find out more about how Life Insurance can help you and your employees.

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Insurance is underwritten by ReliaStar Life Insurance Company (Minneapolis, MN) and ReliaStar Life Insurance Company of New York (Woodbury, NY). Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. Both are members of the Voya® family of companies. Voya Employee Benefits is a division of both companies. Policy form# ICC LP14GP or LP00GP (may vary by state). In New York, Policy form# LP14GP-NY. Form numbers, product availability and provisions may vary by state and employer's plan.

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Legal disclaimer

The information provided on this site has been developed by, Inc. and the carriers for general informational and educational purposes. Benefitfocus strives to ensure that this information is up-to-date and accurate.

Certain products available in the Benefit Catalog may be regulated through various state agencies as insurance products. Regulated insurance products are offered through brokers affiliated with, Inc and/or BenefitStore or through your association's, or your employer's appointed broker as applicable. Please contact your broker for more information.