Group Life Insurance and AD&D

Broker Resources

Life insurance flier | Current Product Updates | Benefit Summaries | Rates | Renewal Center | Sales Resources and Collateral | Forms and Applications | Quick Match flier (NEW for 2018)

 

Our new Quick Match Program is just what you need to sell Blue Shield Life

Our life insurance Quick Match Program^SM provides streamlined underwriting by matching renewal rates from the group's current life insurance company. Our program is available to both new and renewing groups adding life insurance with 10 to 100 eligible employees. Take advantage of this special limited-time opportunity. Learn more.

About Blue Shield Life

For more than 50 years, Blue Shield of California Life & Health Insurance Company (Blue Shield Life) has met the life insurance needs of small businesses across California. Your clients can offer a comprehensive benefits package and provide employees added peace of mind with Blue Shield Life.

Blue Shield Life combines life insurance coverage with comprehensive AD&D benefits and can be sold to employer groups alongside or independent of our medical plans. And with an "A (Excellent)" rating from A.M. Best, Blue Shield Life has the financial stability to meet your clients' needs now and in the future.

In addition, all our small group plans offer streamlined administration with one bill, one renewal, and one point of administration for all your Blue Shield business. Employers can access their coverage through Employer Connection for information and management of their plans.

More reasons to sell Blue Shield Life Insurance

Beneficiary assistance services

LifeReferrals 24/7^SM offers care and support for family members who have suffered a recent loss of a loved one. During this challenging time, a simple phone call connects members with a team of experienced professionals ready to assist with grief support, financial advice, and legal needs. Learn more. 

Life insurance benefits

Eligible employees	Benefit amount1
2 to 9	Minimum benefit: $15,000 Maximum benefit: $30,000
10 to 242	Minimum benefit: $15,000 Maximum benefit: $100,000
25 to 502	Minimum benefit: $15,000 Maximum benefit: $150,000
51 to 1002	Minimum benefit: $15,000 Maximum benefit: $150,000 and $175,00, or $200,000

The guaranteed issue amount is equal to the maximum benefit. No evidence of insurability is required.

Composite rates for groups of 10 to 100

For groups with 10 to 100 eligible employees, our life insurance composite rating model delivers more competitive rates and streamlined administration with a single composite rate for all employees. Contact your Blue Shield sales representative for details and new business quote information.

For groups with 51 or more eligible employees, guaranteed issue amounts of $175,000 or $200,000 are available in a flat amount, multiples of salary, or graded amounts.

Dependent life benefits

Groups can offer dependent life insurance for an insured employee's spouse or domestic partner, and/or children. Rates are $1,000 to $5,000 in coverage per dependent. All dependents are covered for the same monthly premium.

Note: Employee life insurance benefits are reduced to 65% of the original amount when a subscriber turns 65, and to 50% of the original amount at age 70. All benefits for employee and dependents terminate at retirement.

Accidental death and dismemberment (AD&D) coverage

Along with life insurance benefits, we also provide AD&D benefits for another layer of coverage.

Wellness discounts

All Blue Shield of California members have access to wellness discounts to improve their well-being. Learn more.

See the value

Help your clients see the value that life insurance coverage can bring them in this infographic, Why You Need Group Life Insurance Coverage.

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¹ Coverage amounts are available in plan options of $5,000 increments within the specified guarantee issue range based on the number of eligible employees.
² Composite rating for groups of 10 or more eligible employees

 

Benefit Summaries

When providing a benefit summary to an applicant or Blue Shield member, you must also include a Notice of Language Assistance (PDF, 1MB).