Protect Your People When Life Doesn't Go as Planned
Group life and disability benefits give North Carolina employees financial security when they need it most — and give employers a meaningful way to show they care.
What it covers
Group life and disability insurance protects employees and their families against the financial impact of death, serious illness, or injury. A complete program typically includes:
- Group term life insurance — provides a death benefit to an employee's beneficiaries, typically one to two times annual salary
- Voluntary life insurance — allows employees to purchase additional coverage for themselves, spouses, and dependents
- Short-term disability — replaces a portion of income when an employee is unable to work due to illness or injury for a short period
- Long-term disability — provides income replacement for extended disabilities lasting months or years
- AD&D coverage — pays an additional benefit in cases of accidental death or dismemberment
- Supplemental disability — allows employees to purchase additional disability coverage beyond the employer-sponsored base
Who it's for
Life and disability benefits are valuable for any employer who wants to offer a complete benefits package. They're especially important for:
- 1North Carolina employers who want to offer a competitive total compensation package beyond just health insurance
- 2Businesses in industries with physical risk — construction, manufacturing, trades — where disability exposure is real
- 3Employers who want to offer meaningful benefits without significantly increasing their cost structure
- 4Companies that want to give employees the option to purchase additional coverage at group rates
Why work with Providence
As a Greensboro-based independent brokerage, we're not tied to any single carrier. That means we work for you — not the insurance company.
Local, carrier-agnostic advice
We know the North Carolina market and the carriers who serve it well. We compare options across multiple providers to find the right fit for your workforce.
Coordinated benefits design
Life and disability benefits work best when they're designed alongside your health plan. We look at the full picture to make sure your program is complete and cost-effective.
Employee communication support
We help your team understand what they have and how to use it — so the benefits you're paying for actually get valued.
Claims advocacy
When an employee needs to file a disability claim, we help navigate the process and advocate if there are delays or disputes.
Common questions
The IRS allows employers to provide up to $50,000 of group term life insurance tax-free to employees. Coverage above that threshold creates imputed income, which is taxable. We'll help you structure your plan to minimize tax impact.
Short-term disability typically covers the first 90 to 180 days of a disability, replacing 60–70% of income. Long-term disability picks up after the short-term benefit ends and can continue for years or until retirement age. Many employers offer both to provide seamless income protection.
Yes — most group life plans include a guaranteed issue amount that employees can elect during open enrollment without underwriting. Coverage above that amount typically requires evidence of insurability.
Basic group term life and short-term disability are among the most affordable benefits an employer can offer. The cost depends on your workforce demographics and the benefit levels you choose. We'll provide a full comparison across carriers.
Give your team the protection they deserve.
We serve employers across the Piedmont Triad and North Carolina. Let's build a life and disability program that fits your business.