A crucial element to a sound employee benefits program and one that can also be part of a strategic enterprise risk management program. Spring consultants work with clients to optimize group life and accidental death & dismemberment (AD&D) plans to help protect employees against premature death.

Life and AD&D Plan Design:

  • Benchmarking
  • Competitive Bidding
  • Continuity of Coverage (wave of premium, continuation)
  • Balance of Basic Supplemental Term vs. Whole Life

Life and AD&D Funding:

  • Non-participating
  • Participating
  • Flex Funding

Spring is one of only a few consultancies to have successfully gained regulatory approval for our clients to write their Life and AD&D coverage into their existing property and casualty captives. Our team is well experienced in working with the U.S. Department of Labor to secure a prohibited transaction exemption to achieve such a funding mechanism.

Spring has decades of experience working with employers to identify the right group life and AD&D strategy plan to meet their objectives. Contact us for more information about life & AD&D products and services.