With Term Life & AD&D (accidental death & dismemberment) insurance employees gain peace of mind. MAGUS finds the best national carriers and works to bring flexible and affordable plans to employees. Each client provides the core coverage and then employees add additional coverage appropriate to their needs.
The result is a more productive work force free from worries.
Term Life, Voluntary Life and AD&D Insurance
Term Life Insurance and AD&D is provided for all regular full-time employees (30+hr/wk) through Mutual of Omaha. The Magus basic plan provides $10,000 life and AD&D insurance for every employee.
Each employee may supplement their coverage through the Voluntary Life & AD&D program. Employees are eligible to purchase up to $50,000 of life insurance with this initial amount guaranteed issue. Additional amounts up to 5 times the employee's income (not to exceed $250,000) can be purchased after underwriting review. Spouse and children may also participate in these plans but in smaller amounts & increments. Additional AD&D coverage may be purchased as well.
9570 SW Barbur Blvd, Suite 306 Portland, Oregon97219