$50,000 Guaranteed Issue Work Life Insurance
Only $25 per month
Defined Contribution Plan · Rated A+ (Superior) by AM Best
Employer-sponsored guaranteed issue coverage for full-time employees — plus one additional supplemental benefit of the employee's choice.
What Is Companion Life?
Companion Life offers employer-sponsored guaranteed issue coverage for full-time employees — meaning employees may qualify without medical underwriting, depending on the plan.
A Companion Life plan can include $50,000 in term life insurance for as little as $25/month, plus one additional supplemental benefit of the employee's choice.
- $50,000 guaranteed issue term life insurance
- One additional benefit included — employee's choice
- Of the $25 monthly cost, $12.50 goes toward the benefit you select
- No medical exam or blood work required
- Employer-sponsored group rates
- 3-Year Rate Guarantee on all products
- Rated A+ (Superior) by AM Best
You Choose. You Benefit.
Of the $25 monthly cost, $12.50 is yours to use toward the benefit you need most. Select the supplemental coverage that matters most to you and your family.
Available Benefit Products
Detailed breakdown of every benefit available through Companion Life. Each employee selects one supplemental benefit in addition to the $50,000 life insurance.
Accident Insurance
Off-the-job accident coverage
Pays a lump-sum cash benefit directly to you following a covered off-the-job accident. Use the money any way you need — bills, lost wages, transportation, and more.
- $30,000 accidental death benefit (all causes)
- $90,000 if accident occurs on common carrier
- Covers fractures, dislocations, burns & lacerations
- ER visits, hospital, ambulance, imaging
- $75 annual wellness benefit included
- Coverage portable if you leave your employer
All injuries paid based on Schedule of Benefits — no guesswork.
Short Term Disability
Income protection when you can't work
Replaces a portion of your paycheck if you become unable to work due to illness or injury. Four plan options give you control over cost vs. coverage.
- Pays 60% of base salary OR flat $200/week
- Maximum weekly benefit: $1,250
- 4 options — choose your elimination period & duration
- Option 1: Benefits begin Day 1 accident / Day 8 sickness, 13 weeks
- Option 2: Day 8 / Day 8, up to 26 weeks
- Covers maternity the same as any other sickness
- Partial disability benefit included
If employee-paid, benefits are non-taxable income.
Critical Illness Insurance
Lump-sum cash when it matters most
Pays a tax-free lump sum upon diagnosis of a covered condition like a heart attack, stroke, or cancer. Spend the benefit however you choose — no restrictions.
- Benefit amount: $5,000 or $10,000 (employer's choice)
- Covers: Heart Attack, Stroke, Invasive Cancer, Major Organ Transplant, End-Stage Renal Failure, Alzheimer's, Coma, Paralysis & more
- Coronary bypass surgery pays 25%; Angioplasty 10%
- Spouse & dependents covered at 50% of employee amount
- Recurrence benefit — payable up to 2x per lifetime
- 5-Year Age Lock on premiums for budgeting
Benefits reduce 25% at age 60 and 50% at age 65.
Hospital Indemnity
Per-day cash for hospital stays
Helps cover out-of-pocket expenses during an unexpected hospital stay. Pays a set cash amount per day regardless of what other insurance pays.
- $100/day for general hospital confinement (up to 180 days)
- $500 lump sum upon initial hospital admission
- $200/day for ICU confinement (up to 10 days)
- No age-related benefit reductions
- All census members eligible — guaranteed issue
- Covers both accident and sickness confinements
ICU and general confinement benefits do not pay concurrently.
Dental Insurance
Three plan options · All preventive covered 100% · Free Hearing Plan included
| Coverage | Option A $50/person deductible | Option B $100 lifetime deductible | Option C $100 lifetime deductible |
|---|---|---|---|
| Preventive | 100% | 100% | 100% |
| Basic Services | 80% | 80% | 100% |
| Major Services | 0% | 50% | 60% |
| Orthodontia | None | 50% Child(ren) Only · $1,000 | 50% Child(ren) Only · $1,000 |
| Annual Max / Ortho | $750 / N/A | $1,000 / 50% · $1K max | $2,000–$2,500 / 50% · $1K max |
Percentages = what the plan pays · you pay the rest · No waiting period on preventive or basic.
Vision Insurance
EyeMed or VSP network · Exams every 12 mo · Frames every 24 mo
| Coverage | EyeMed A | EyeMed B | VSP A | VSP B |
|---|---|---|---|---|
| Exam | $10 copay | $10 copay | $10 copay | $10 copay |
| Materials | Discounts only | $130 allowance | $130 allowance | $150 allowance |
| Frames | 35% off | $120 allowance | Covered in full | Covered in full |
| Contacts | — | — | $130 allowance | $150 allowance |
| Network | LensCrafters, Target | LensCrafters, Target | VSP network providers | |
FREE Vision Discount Plan included with any Companion Life Dental plan · LASIK discounts available.
Life Insurance — Basic & Voluntary
Financial protection for your family
Basic Group Life & AD&D
Employer-paid coverage that provides a benefit to your family if you pass away. Also includes Accidental Death & Dismemberment (AD&D) at 100% of the life amount.
- Employer selects: $10,000 / $15,000 / $25,000 / $50,000
- Rate: $0.25 per $1,000 — AD&D included
- Spouse life: $5,000 | Child life: $5,000 (6mo–26 yrs)
- Seat Belt provision: 50% extra AD&D benefit if buckled
- Terminally ill employees may access up to 75% early
- Waiver of Premium after 12 months total disability
Voluntary Group Life & AD&D
Supplement your basic life coverage with additional protection you purchase through payroll deduction. Rates are age-based.
- Employee: $10,000 to $100,000 in $5,000 increments
- Spouse: up to $25,000 (max 50% of employee amount)
- Children: $2,500 / $5,000 / $7,500 / $10,000
- $100,000 Guaranteed Issue at initial enrollment (to age 65)
- Portability — keep coverage if you leave your employer
- Conversion to individual policy within 31 days of termination
Benefits reduce 35% at age 65, 50% at age 70, 75% at age 75 — plan accordingly.
Choose Your Additional Benefit
Every Companion Life plan includes $50,000 in life insurance. Then you choose one additional benefit:
Critical Care
Coverage for heart attack, stroke, or cancer.
Accident
Cash benefits for covered accidents and injuries.
Vision
Coverage for eye exams, glasses, contacts, and more.
Dental
Help with the cost of dental care.
Short-Term Disability
Income replacement due to illness or injury.
Hospital Indemnity
Cash benefits for hospital stays and expenses.
Additional Life Insurance
Increase life insurance protection for you and loved ones.
Even Stronger Together: Companion Life + Aflac
Companion Life provides the foundation — affordable guaranteed issue life insurance combined with one key supplemental benefit. Add Aflac to fill in the gaps with additional layers of accident, critical illness, cancer, hospital, and disability coverage.
Frequently Asked Questions
For educational purposes only. Products, features, premiums, benefits, limitations, and availability may vary by carrier and state. This material is not a guarantee of coverage, savings, tax treatment, or future results and is not tax, legal, or accounting advice. Consult your tax and legal advisors.