Providing life and disability insurance can help your small businesses attract and retain talented employees by showing them you value their well-being and are willing to invest in their financial security. Employees who have access to life and disability insurance are more likely to feel secure and satisfied with their jobs, leading to higher productivity and lower turnover rates.
Life and disability insurance from Dearborn Life Insurance Company is offered as Group Specialty Benefits in cooperation with Blue Cross® Blue Shield® of Michigan and is available for sole proprietors and groups with up to 99 employees.
The SBAM pooled policy has exclusive rates and flexible eligibility requirements available only to SBAM members. The Basic life, short-term disability, and long-term disability can be written on a standalone basis, and the definition of eligible full-time employment can be as high as 40 hours per week or as low as 20 hours per week.
The benefits provided under this coverage include Travel Resource Services, which assist employees and their families when traveling more than 100 miles from home and require medical care. Additionally, Beneficiary Resource Services offer grief, legal, and financial counseling to support beneficiaries during difficult times.
When your life and disability coverage is sponsored by SBAM, you gain access to our Member Care Team for help with enrollment, additions and deletions, billing questions, and claims.
Visit our website to learn more about the program and request your quote. If you’re already working with an agent, we will coordinate with them to find a plan that fits your needs! If you need an agent, we will connect you with someone in your area who can help!
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