AdvisorNet Benefits

Core Buy-Up Supplemental Life Insurance Coverage is an effective means for employers to offer their employees a core life insurance benefit while allowing the employee to Buy-Up additional life insurance in incremental amounts.

Core Buy-Up Supplemental Life Insurance Coverage is an effective means for employers to offer their employees a core life insurance benefit while allowing the employee to “Buy-Up” additional life insurance in incremental amounts. With the Core Buy-Up Supplemental Life Insurance Coverage, employers can offer a “Core” amount of coverage for all eligible employees. Employees are then allowed to voluntarily “Buy-Up” incremental amounts of insurance to a maximum of $100,000 life benefit depending on group size and demographics.

Advantages of the Core Buy-Up Supplemental Life Insurance Coverage platform:
• Limited cost to the employer
• Employee Access to the Voluntary life insurance Benefit
• No Voluntary Participation Requirements due to the 100% eligible participation in the core program

For more information Click Here