LifeInsurance
Life insurance through work is aneasy way for employees toprotect their families
It offers your employees peace of mind knowing their loved ones will be taken care of financially should an accidental death or disability occur. XcelHR’s life insurance plan offers your employees financial security at a low cost, and offers employers a variety of benefits.
Increase workers’ satisfaction with tangible workplace benefits
Enhance employer benefits packages to attract and retain talent
Improve productivity and engagement by promoting employee well-being and financial wellness
Basic Plan Features
MetLife Life Insurance through XcelHR manages:
Plan administration
Enrollment for employees
Answers employee questions regarding plan
Sync with our HRIS system
Set-up automatic payroll deductions for employees
Confidence in knowing we have your back when it comes to reviewing plan details and enrollment
Payments from a life insurance plan can be used towards:
Replacing lost income
Covering basic living expenses
Paying household debts, estate taxes and funeral expenses
Funding a child’s education
Supplementing retirement savings
Additional Benefits Support
Employee benefits communication & education
Annual Rate Review
Open enrollment administration
Research employee benefits questions
Employee eligibility, change tracking & processing
Annual benefit comparison
Benefit plan premium reconciliation & payment
