Group Life Insurance

Group Life Insurance

As an employer, you are aware of the importance of employee benefits and their contribution to your business success. State Farm® has a Group Life insurance plan that can benefit you and your employees. In most states, we can establish a plan for employee groups of five or more, while some states require a minimum of ten employees. Contact your State Farm agent for eligibility requirements.


Advantages to the Employer:

  • Federal income-tax deductible premiums.
  • Desirable fringe benefit to offer new employees.
  • Reduced turnover, saving your money in hiring and training costs.
  • Contributes to employee security, loyalty, and higher morale.
  • Valuable life insurance protection provided at a low group rate.

Advantages to the Employee:

  • Valuable life insurance protection provided at a low group rates.
  • Right to name and change beneficiaries at any time.
  • Waiver of Premium Disability Benefit rider is available at no extra cost.

Your State Farm agent will complete a factfinder to gather information about your business and your objectives for a group life plan. Based on the information, a Plan Design Specialist will prepare a proposal for you to consider.

Issued by:
State Farm Life Insurance Company (Not licensed in MA, NY or WI)
Bloomington, IL
State Farm Life and Accident Assurance Company
(Licensed in New York and Wisconsin)
Home Office, Bloomington, Illinois

IL - 95.2