At UBS, we work with you to design, install and service a wide variety of employee benefit plans. We review and analyze your current program or help you develop options. We help you determine your objectives and then design a plan to meet those objectives.

Business owners in today’s competitive job market recognize the importance of attracting and keeping good employees.  Providing group life insurance is a good way for employers to provide a quality benefit that employee’s value and appreciate. 

There are many kinds of life insurance, but they generally fall into two categories: term insurance and permanent insurance.

Term insurance
Term insurance is designed to meet temporary needs. It provides protection for a specific period of time (the "term") and generally pays a benefit only if you die during the term. This type of insurance often makes sense when you have a need for coverage that will disappear at a specific point in time. For instance, you may decide that you only need coverage until your children graduate from college or a particular debt is paid off, such as your mortgage.

Permanent insurance
In contrast, permanent insurance provides lifelong protection. As long as you pay the premiums, and no loans, withdrawals, or surrenders are taken, the full face amount will be paid. Because it is designed to last a lifetime, permanent life insurance accumulates cash value and is priced for you to keep over a long period of time.