CoPower One Out-of-State Guidelines for California

 

copower one

The group (employer) must be domiciled in California.

CoPower ONE PPO (Good, Better, Better Plus, and Best) plans:

  • Groups with 2-3 eligible employees: Two employees must be in CA
  • Groups with 4 eligible employees: Two eligible employees may be located out of state 
  • Groups with 5-99 eligible employees: Two employees must be in CA

CoPower ONE Voluntary PPO plans:

Group Life Sales Take Off

life insurance sales

Group life policy sales increased 19% from 2019 to 2020, according to a recently released study by the American Council of Life Insurers. Looking at the industry as a whole, LIMRA reports an 18% increase in total new annualized life insurance premium in the third quarter. That’s the third consecutive quarter of double-digit growth. Thirty-six percent of consumers plan to purchase coverage this year, according to LIMRA.

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