Why Life Insurance?

Life insurance protects your loved ones. It pays a benefit so they can afford to pay for funeral expenses, pay off debt and maintain their current standard of living. It is one of the best ways to show you care.

EMPLOYER-PAID TERM LIFE INSURANCE

• Your employer provides all FT HIB employees a $35,000 policy and all FT Medical employees a $10,000 policy. The cost of this policy is paid for 100% by your employer. This is a term life policy that is in effect while you are employed.

VOLUNTARY TERM LIFE INSURANCE

• Voluntary life insurance is term life coverage you can purchase in addition to the basic life plan provided by your employer. It will cover you for a specific period of time while you are employed.
• Plan amounts are offered in tiers so you can choose the amount of coverage that works best for you and your family.
• Because it’s a group plan, premiums are typically lower, so it’s more affordable to gain the peace of mind that life insurance provides.