A very important part of every employee benefit program is Employee Group Term Life Insurance. FSIA offers the Employee Group Term Life Insurance plans insured by AIG and The Hartford Life Insurance Company.

These employee group term programs offer financial institutions the choice of over nine different group term insurance schedules for employees and dependents. These include plan designs from multiples of annual salary to flat amounts of life insurance based upon annual salary or job description.

Premiums are designed and based on demographics and average age of each financial institution. In addition, the pooling power of our program designed specifically for banks provides additional savings. This program also offers a benefit for non employee directors as well. Both AIG and the Hartford Life Insurance Company also offer several different term life insurance schedules for employees and dependents. Premiums are aggressively priced based upon the average age of the participating banks.