Protection and benefits
Group life insurance
A collective policy covering the team, and a requirement in many collective bargaining agreements.
What it is
It covers employees in case of death, disability and funeral assistance. Beyond being an HR benefit that weighs on retention, it is mandatory under a good share of Brazilian collective bargaining agreements.
A company that discovers the requirement during an inspection pays dearly. A company that buys it beforehand uses it as a hiring argument.
When it makes sense
- The sector agreement requires it and nobody has reviewed it
- The team has grown and the policy is out of date
- You want a low cost benefit with a real effect
How it works
- AssessmentNumber of lives, salary bands and what the agreement requires.
- QuotationI compare insurers for the same group profile.
- ContractingPolicy issued and lives registered.
- MaintenanceAdditions and removals as the team changes.
What you will need
- List of employees with date of birth and salary
- The sector's collective bargaining agreement
- CNPJ (Brazilian company tax ID) registration
The list can change with the institution and the size of the deal. I confirm what is actually required before you gather a single document.
Also in protection and benefits
Next step
Tell me where the company stands. The diagnosis is free and takes fifteen minutes.
If there is a deal that makes sense, I build it and compare it. If there is not, I will say so, and you save the time of finding that out alone.