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Individual: Whole & Limited Pay Endowment Term
Corporate: Group Credit  
Life Insurance Basics
CORPORATE LIFE INSURANCE

Group Life Insurance or GLI gives your employees 24-hour protection, both on and off the job. GLI is versatile enough to meet your employees needs by allowing flexibility of benefit structures. And, as an employer, your contribution to your employees' GLI premiums create a tax shelter for your company.

There are also two benefit riders that can be attached to the GLI to make it fit even more closely your insurance requirements: Group Accidental Death & Disablement (AD&D) and Group Total & Permanent Disability Insurance (TPD). If you have other questions about the superior advantages of Berkley's Group Life Insurance, you can email a Corporate Market Department member.

Benefits to Employees:
    • Access to highly affordable protection
    • Generally allows insurance without requiring Proof of
      Insurability
    • Incites greater security and productivity

Benefits to Employers:
    • Helps acquire and retain top-caliber employees
    • Cost-effective manner of providing Employee Benefits
    • Promotes greater productivity in the workforce
    • Enhances corporate image
    • Removes employer exposure when employees pass away
    • Premium contributions are tax deductible

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Flexibility

You can be sure that the Corporate Products meet your unique and specific needs because we are ready to help you tailor our insurance packages to fit your company’s requirements.

Security and Convenience

The Corporate Markets Division of The Company designs and markets products that meet the specific needs of unique corporate entities.



 

The Company also carries a package tailored to protect lending or finance companies from the death of its borrowers. Traditionally known as Mortgage Redemption Insurance (MRI), The Company's Credit Life Insurance covers the lives of borrowers. If you would like to learn more about Credit Life Insurance, you can email us, and we will gladly answer any of your questions.

Benefits to Borrowers:
   • Gratification of knowing that his or her material
      possessions will remain with family
    • Assures borrower that his or her indebtedness will not
      legally encumber his or her family

Benefits to Creditors:
   • Prompt settlement of outstanding loans
   • Eliminates costly legal action
   • Enhances business growth and potential
   • Develops desirable corporate image
   • Eliminates messy and tedious repossession action

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