|Group Life & Health|
Basic & Voluntary Life Insurance
Basic Life Insurance
In the event of a premature death, the surviving relatives of a deceased are faced with many challenges. Dependent family members may need financial support to pay for funeral expenses, outstanding debts and income tax. Life Insurance is designed to provide a tax-free lump sum of cash at the time of death. Coverage is available without providing medical evidence of good health. There is no termination age for this benefit as long as you continue as an active employee. Upon termination ( prior to age 60), coverage can be converted to an individual policy without providing medical evidence of good health.
Voluntary Life Insurance
Through the CNLA Group Insurance plan, owners and employees can purchase additional coverage to protect their business and their families from creditors or to provide a long term income for their loved ones. The coverage is inexpensive and portable. Life insurance can be a unique and valuable financial planning tool.
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