Life insurance consulting firms can bring a variety of options to your company, from low-cost group plans to whole life discounts for employees. Term life insurance consultants can help you to bring in a broader scope of employee benefits that you may have overlooked in the past. Group life insurance consultants can help to bring your company greater profitability and a better handle on your health care costs.

A life insurance advisor offers specialized one-time seminars for you team or can they review your company’s benefits policies to show you where you could add value to your plans. Life insurance industry consulting advisors will recommend a program to ensure that your company is positioned to utilize a group life insurance plan that will please your board and your employees. Consider bringing in a life insurance investment advisor for a variety of reasons.

1. Use a life insurance consultancy to assess your benefits programs

2. Look for life insurance advice to improve you benefits package

3. Bring in life insurance consultants for employee education

Action Steps
The best contacts and resources to help you get it done

Educate yourself with life insurance consulting services

Explore the options that life insurance consulting firms can bring to your business. Request a review of your current benefits packages to discover where you might fit in life insurance benefits for your team. You can bring in a consultant for life insurance and payroll deduction plans to make recommendations and educate you and your senior staff.

I recommend: ICA does not sell insurance. Instead they remain objective life insurance consultants who can come in to review your benefits package. Risk Consulting Group is another life insurance consultancy that does consulting for large and small businesses and does not sell insurance, so you can depend on a more objective review than consultants who carry insurance lines.

Check your numbers with life insurance industry consulting services

As the cost of health care and other employee benefits continue to rise and more employees demand the benefits to stay put in their positions, it would behoove you to consider changing the way you to do business internally. A life insurance investment advisor may be able to provide added value to your employee benefits package with a good life insurance plan that fits in your budget.

I recommend: Advantage Benefits will shop the insurance carriers for you to find the best solutions for your company. They can manage your benefits accounts as well. IBM has a life insurance consulting division that can help you find the best employee plan and show you how to run it.

Leverage buying power for employees with a life insurance advisor

While you may not be able to afford much in the way of company-paid life insurance plans for your employees, you can contact a life insurance consulting firm that can help you leverage your team's buying power to get better deals for your staff on their own life insurance policies.

I recommend: Mango Solutions can come in and provide customized solutions for your employees that will leverage their buying power. Health Link is a life insurance consulting firm and benefits company that can help your business and your employees use their group buying power to find deep discounts on insurance products.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Ask your life insurance industry consulting company if they also sell insurance. You may want to seek the advice of a non-affiliated consultant for life insurance to get an unbiased review before turning to a broker for your benefit plans.